6768 Elwell St, Burnaby, BC, MLS® R3085160

$1,690,000
Est. Mortgage /mo

NEW

$1,690,000
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
3 Beds
2 Baths
2 Stories
lot 6000 sqft
1446 sqft
1955 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

6768 Elwell St, Burnaby, BC | MLS® R3085160 Property Details

Opportunity Knocks! Great holding property in the Highgate Area of south Burnaby. Renovate now and hold for future development or build now. Current new R1 zoning allows for up to 6 dwelling units on this large 6000 sq.ft. lot (WITH LANE ACCESS) or combine with adjoining lots to building up to 6 story apartment building. For details of potential, consult City of Burnaby and the Edmonds Community Plan. Property is located in the Windsor Elementary and Byrne Creek Secondary catchment area and is close to transit, shopping, parks and the Edmonds Community Centre. Call today to discuss the potential of this prime lot.

General Info

Price $1,690,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1446
Lot Size 6000
Lot Size Depth Feet
Lot Size Frontage 50
Basement Partially Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1955
Age Of Building 71
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Freezer
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3085160
Area Burnaby South
Neighbourhood Highgate
City Burnaby
Gross Taxes $6,061.27
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included 1

Heating & Cooling

Fireplace 2
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Carport Multiple, Lane Access
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites -
# of Kitchens 1
Flooring Vinyl, Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Macdonald Realty (Surrey/152)

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
Byrne Creek Community School
1.74 km
Elementary
Windsor Elementary School
0.82 km

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
0.24 km
9/10
Excellent
Secondary
St.Thomas More Collegiate
1.92 km

Closest Transit

Bus Stop
Southbound Griffiths Ave @ Elwell St
0.17 km
Skytrain
Skytrain @ Edmonds Stn
1.05 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 6768 Elwell Street in the heart of Burnaby, BC, where the perfect blend of tranquility and convenience awaits you. This stunning property, listed as MLS® R3085160, is nestled in a highly sought-after neighborhood, offering an unparalleled lifestyle experience.

As you step into this beautiful home, you'll be delighted to know that it's serviced by Windsor Elementary School, a top-rated institution that's just a short 0.82 km away. With its impressive No Rating, Windsor Elementary is a gem for families looking for a quality education. Additionally, this property is also close to Byrne Creek Community School, another excellent option for students, located at a comfortable 1.74 km.

But that's not all - if you're looking for alternative schooling options, you'll be pleased to know that St. Francis de Sales, an independent elementary school with an impressive Repair 9/10 rating, is just 0.24 km away. For secondary education, St. Thomas More Collegiate, another reputable independent school with a No Rating, is located at a convenient 1.92 km.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), this neighborhood boasts an impressive Below Average crime rate of 6,145.56 incidents per 100,000 population. For context, this is significantly lower than the national average. Furthermore, the year-over-year change in the total crime rate is a remarkable -11.13%, indicating a steady decline in crime rates. When it comes to specific types of crime, you'll be reassured to know that drug crime rates are also Below Average, with a rating of 126.78 incidents per 100,000 population.

In terms of property crimes, the neighborhood surrounding this property is Average, with a property misconduct rating of 3,691.76 incidents per 100,000 population. However, it's worth noting that the year-over-year change in the property misconduct rate is a significant -17.54%, indicating a downward trend.

As for violent crimes, you'll be pleased to know that the rate in this area is Low, with 893.28 incidents per 100,000 population. This is a testament to the neighborhood's strong sense of community and safety.

Now, let's shift our focus to the community's demographic profile. You'll be interested to know that 30.5% of the population in this neighborhood holds a university certificate or degree, which is Above Average compared to other BC neighborhoods. On the other hand, 14.9% of the population has no certificate or degree, which is Below Average compared to the provincial average.

In terms of income, the median household income near this property is $77,141, which is Above Average compared to other BC neighborhoods. However, the median personal income is $26,667, which is Low compared to the provincial average. It's worth noting that 48% of households in this area have a mortgage, which is Below Average.

If you're looking for employment opportunities, you'll be pleased to know that the unemployment rate in this area is Low, at 4.9%. This is a testament to the neighborhood's strong economy and job market.

As for the neighborhood's growth prospects, you'll be interested to know that the population change between 2011 and 2016 was -0.3%, which is Below Average compared to the regional average.

In terms of lifestyle, this property offers a unique blend of tranquility and convenience. The neighborhood is characterized by a high population density of 3,976.6 people per square kilometer, making it an ideal location for those who want to be close to amenities without sacrificing peace and quiet.

The average family size in this area is 3, which is Above Average compared to the regional average. Additionally, 69.1% of families in this neighborhood have children, which is also Above Average. However, 60.3% of households are married or living common law, which is Average.

Demographically, the average age of the population in this area is 40.8 years, which is Average compared to other BC cities.

As for real estate, the average value of dwellings in this neighborhood is $1,480,510, which is High compared to other areas in British Columbia. However, the average owner payments are also High, at $1,689 per month. Tenants in this area pay an average of $1,380 per month, which is also High.

In terms of housing tenure, 31% of the population in this area are renters, which is Above Average compared to other BC cities.

Finally, let's talk about transportation. 21.8% of the population in this area uses public transportation, which is Above Average. However, 73.3% of residents use cars, which is Below Average. 1% of residents use

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 $1,690,000
Burnaby $2,265,833
Highgate 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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