6632 Canada Way, Burnaby, BC, MLS® R3083089

$1,699,000
Est. Mortgage /mo

NEW

$1,699,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
9 Beds
4 Baths
2 Stories
lot 9360 sqft
3114 sqft
1974 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

6632 Canada Way, Burnaby, BC | MLS® R3083089 Property Details

FULL DUPLEX IN THE PRIME BURNABY LAKE AREA. Situated on 9,360 SF this close to 3,100 SF duplex harbors 2 additional suites. Multifaceted investment asset with potential for redevelopment, renovations, rental revenue streams, and for live-rent. Backing onto Lakeview Elementary and Pre School where kids can simply walk to and from home. A myriad of upgrades have been implemented over the years to enhance the longevity of the property. Including new drain tiles, floors, fascia flashing, and more. A rare opportunity for investors, developers, and someone that is looking to live in a home while generating massive cashflow at the same time. CALL ME FOR DETAILS TODAY.

General Info

Price $1,699,000
Total Bedrooms 9
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 3114
Lot Size 9360
Lot Size Depth Feet
Lot Size Frontage 78
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1974
Age Of Building 52
Building Type Duplex
Property Type Residential Income
Stories 2
Building Features BuildingFeatures
Structures Multi Family

Additional Details

MLS® # R3083089
Area Burnaby South
Neighbourhood Burnaby Lake
City Burnaby
Gross Taxes $4,867.18
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Additional Parking, Open, RV Access/Parking, Rear Access
Total Parking Spaces 8

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Strata Restrictions -
Rental Restrictions -
Zoning R5
Rental Suites -
# of Kitchens 4
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View 1
View Description Burnaby Mountain
Units In Development -
Exterior Features Balcony
Sewer Storm Sewer
Roof Torch-On

Property History

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Status Date Price
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Listed by: FaithWilson Christies International Real Estate

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.

Neighborhood Info

Public Schools

Secondary
Burnaby Central Secondary School
2.58 km
Elementary
Lakeview Elementary School
Average
0.13 km
6.2/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Francis de Sales
1.76 km
9/10
Excellent
Secondary
St.Thomas More Collegiate
1.72 km

Closest Transit

Bus Stop
Northbound Canada Way @ Imperial St
0.06 km
Skytrain
Skytrain @ Edmonds Stn
2.15 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 6632 Canada Way, a stunning property located in the heart of Burnaby, BC!

MLS® R3083089

As we step into this beautiful home, you'll be surrounded by the tranquility of Burnaby Lake. Let's start with the educational institutions that will shape the minds of future generations. Just down the road from 6632 Canada Way, you'll find Lakeview Elementary School, rated 6.2/10, is a mere 0.13 km away, providing an excellent learning environment for your little ones.

For older students, Burnaby Central Secondary School, located 2.58 km from this property, is another excellent option, offering a comprehensive education.

But Lakeview Secondary School isn't the only great school in the area. The closest Elementary independent school to this home is St. Francis de Sales, with a stellar rating of 9/10, situated just 1.76 km from this property. And for Secondary independent school options, St. Thomas More Collegiate, with a rating of No Rating, is also within walking distance at 1.72 km.

Safety and Security

Now, let's talk about the safety and security of the area. According to Statistics Canada's 2020 report, the neighborhood surrounding 6632 Canada Way, Burnaby, BC has a crime rate of 6,145.56, which is Below Average compared to other Canadian cities. With a year-over-year change of -11.13%, this area is becoming increasingly safer.

Furthermore, the drug crime rate near MLS® R3083089 is also Below Average, with a rating of 126.78, and a year-over-year change of 2.35%. Property crimes in the neighborhood are Average, with a rating of 3,691.76, and a year-over-year change of -17.54%. Violent crimes are Low, with a rate of 893.28, and a year-over-year change of -5.51%.

Community and Lifestyle

This property is perfectly situated for those who value community and lifestyle. The closest Bus station, Northbound Canada Way @ Imperial St, is a mere 0.06 km away from MLS® R3083089, making it easy to commute to work or explore the city.

Demographically, this neighborhood is thriving. With 27.9% of the population holding a university certificate or degree, this area is Above Average compared to other BC neighborhoods. Additionally, 14.4% of the population has no certificate or degree, which is Below Average compared to the average in BC.

Economic Indicators

The economic indicators for this area are also promising. With a median household income of $86,827, this neighborhood is Above Average compared to the British Columbia average. The median personal income is $28,736, which is Below Average compared to the BC average. However, the percentage of households with a mortgage is Low at 39.4%.

Unemployment and Growth

Unemployment in the area is Low at 5.2%, and the population change between 2011 and 2016 was -1.6%, which is Below Average compared to the average growth rate of this region. The population density per square kilometer is Average at 1,115.2 people per sq.km.

Family Dynamics

Family dynamics are also an important consideration when choosing a neighborhood. The average size of families in this area is 3, which is Above Average compared to the whole region. The percentage of families with children is 68.2%, which is Above Average. Additionally, the percentage of married or living common law is 59.2%, which is Average.

Age and Age Structure

The average age of the population in this area is 41.6, which is Average compared to other BC cities.

Real Estate Context

The average value of dwellings in this neighborhood is $1,453,497, which is High compared to other areas in British Columbia. Average owner payments are Above Average in this area, with owners spending $1,406 on average. Tenants are paying $1,257 in this district, which is Above Average compared to other cities.

Language and Transportation

Language-wise, 5% of the population speaks English and French, which is Below Average. However, 89% of the population speaks only English, which is Average. 6.2% of the population speaks neither English nor French, which is High compared to other BC cities.

Transportation-wise, 21.5% of the population uses Public Transport, which is Above Average. 73.1% of the population uses Cars, which is Below Average. 2.2% of the population uses Bicycles, which is Above Average. And 1.8% of the population walks, which is Low.

Welcome to Your New Home!

In

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,699,000
Burnaby No comparables
Burnaby Lake No comparables
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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