ATTN Developers: Exceptional corner lot offering 8,478 sq ft with views in Burnaby North. Zoned for up to 6 units, this property is ideally positioned for a row home, multiplex, or innovative middle-market housing project. Located one block from Hastings Street, minutes to Brentwood Mall and SkyTrain, and close to Capitol Hill Elementary, parks, and amenities. Quick access to downtown Vancouver by car or transit. A rare opportunity to secure a well-located infill site in a high-demand neighbourhood with strong long-term fundamentals and outstanding redevelopment upside.
General Info
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 11'5 x 11'5 ft |
| Main Level | Kitchen | 11'5 x 11'5 ft |
| Main Level | Dining Room | 11'5 x 11'5 ft |
| Main Level | Primary Bedroom | 13' x 13' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Basement | No | #4 |
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
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Welcome to 560 Springer Avenue, a stunning property situated in the heart of Burnaby, BC, with the listing MLS® R3077203. As your trusted realtor, I'm excited to take you on a tour of this incredible community, highlighting the top-notch schools, safety, demographics, transit, and lifestyle amenities that make it an ideal place to call home.
Top-Notch Schools
Families love this area because of the excellent schools. Capitol Hill Elementary School, located just 0.55 km from 560 Springer Avenue, has a rating of 7.6/10. This school is a gem, offering a supportive learning environment and a strong sense of community. Plus, Burnaby North Secondary School is just 1.08 km away, providing students with a comprehensive education.
Safety and Security
According to Statistics Canada's 2020 report, the overall crime rate near 560 Springer Avenue, Burnaby, BC is 6,145.56, which is below average compared to other Canadian cities. This means you can enjoy peace of mind knowing your family is safe and secure. Additionally, the drug crime rate is below average, with a rating of 126.78, and there were only 327 illegal substances lawbreaking disturbances in the area in 2020.
Demographics
The demographic profile of this neighborhood is impressive. With 29.2% of the population holding a university certificate or degree, this area is a hub for educated professionals. Furthermore, the median household income is $79,342, which is above average compared to other BC neighborhoods. The average family size is 3, which is above average, and 70.1% of families have children, making it an excellent place to raise a family.
Transit and Commuting
Convenience is key, and 560 Springer Avenue delivers. The closest bus station, Eastbound Hastings St @ Springer Ave, is just 0.07 km away, making it easy to get around the city. With a low unemployment rate of 5.8%, you'll have no trouble finding a job or getting to work. Plus, the average commute time is minimal, allowing you to enjoy your free time.
Lifestyle Amenities
This neighborhood offers a wide range of lifestyle amenities, making it an excellent choice for families and professionals alike. From parks and beaches to trails and dog parks, there's something for everyone. You'll also find shopping malls, grocery stores, restaurants, and coffee shops nearby, making it easy to get what you need without leaving the area.
Real Estate Context
The average dwelling value in this neighborhood is $1,527,997, which is high compared to other areas in British Columbia. However, with an average owner payment of $1,506 and a high average rent of $1,344, this area is a great investment opportunity. Plus, with 33.1% of the population renting, there's a strong rental market, making it an excellent choice for investors.
Why Burnaby?
Burnaby is a thriving city with a diverse community, excellent schools, and a strong economy. With a population growth rate of -0.5% between 2011 and 2016, this area is stable and secure. Plus, with a population density of 3,055.4 people per square kilometer, you'll find a sense of community and connection in this neighborhood.
In conclusion, 560 Springer Avenue, Burnaby, BC, with the listing MLS® R3077203, is an exceptional property in an exceptional neighborhood. With top-notch schools, safety, demographics, transit, and lifestyle amenities, this area is a must-see for anyone looking for a perfect place to call home. Contact me today to schedule a viewing and make this property yours!
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