7288 Inlet Dr, Burnaby, BC, MLS® R3073475

$1,788,880
Est. Mortgage /mo

$1,788,880
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
5 Beds
3 Baths
2 Stories
lot 8116 sqft
2131 sqft
1950 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

7288 Inlet Dr, Burnaby, BC | MLS® R3073475 Property Details

Welcome to this truly unique property offering stunning ocean views and unparalleled flexibility near Simon Fraser University. Nestled on an expansive lot with unrivaled expansion potential including the possibility of building a new walkout basement residence. The solid 1950s structure boasts excellent insulation, new double-glazed windows, and modern vinyl plank flooring throughout. Its layout is a rental dream, featuring a highly versatile floor plan currently set up for multi-family living with up to six bedrooms, three full baths, and the potential for three separate living units, each with its own laundry. Enjoy a vibrant, low-maintenance outdoor space highlighted by multiple private entrances, stone-paved pathways, and a lush mature garden. exceptional income-generating opportunity.

General Info

Price $1,788,880
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2131
Lot Size 8116
Lot Size Depth Feet
Lot Size Frontage 125
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1950
Age Of Building 75
Building Type Single Family Residence
Property Type Residential
Architecture Style Basement Entry, Rancher/Bungalow w/Bsmt., Split Entry
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3073475
Area Burnaby North
Neighbourhood Westridge BN
City Burnaby
Gross Taxes $5,347.85
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Forced Air

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, Guest, Lane Access
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites -
Laundry In Unit
# of Kitchens 2
Flooring Hardwood, Mixed, Tile, Vinyl
Foundation Concrete Perimeter
Locker -
View 1
View Description SEASONAL WATER / MOUNTAIN VIEW
Units In Development -
Exterior Features Garden
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Metal

Property History

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Status Date Price
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Listed by: Royal LePage Brent Roberts Realty

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 North Secondary School
1.72 km
Elementary
Westridge Elementary School
Above Average
1.03 km
7.2/10

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

Private Schools

Elementary
Holy Cross Elementary School
3.28 km
10/10
Excellent
Elementary, Secondary
Lions Gate Christian Academy
4.24 km
9.2/10
Excellent

Closest Transit

Bus Stop
Southbound Inlet Dr @ Bayview Dr
0.06 km
Skytrain
Skytrain @ Sperling Stn
3.12 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 7288 Inlet Drive, Burnaby, BC

As your trusted realtor, I'm excited to take you through the vibrant community surrounding this beautiful home with MLS listing R3073475. From its prime location to its excellent schools, convenient transit, and exciting lifestyle amenities, let's explore what makes this neighborhood truly special.

Education

Families with children will love the proximity to Westridge Elementary School, rated 7.2/10, located just 1.03 km from 7288 Inlet Drive. This school is part of the esteemed Burnaby school district, offering a well-rounded education that prepares students for success. For secondary education, Burnaby North Secondary School is a short 1.72 km away, while independent options like Holy Cross Elementary School (3.28 km) and Lions Gate Christian Academy (4.24 km) offer alternative educational paths.

Safety

According to the latest crime statistics from Statistics Canada (2020), the area around 7288 Inlet Drive, Burnaby, BC, has a Below Average crime rate, with 6,145.56 incidents per 100,000 population. This is a testament to the community's commitment to safety and security. Specifically, drug crime rates are Below Average, property crimes are Average, and violent crime rates are Low, making this an excellent choice for families and individuals seeking a peaceful living environment.

Demographics

The demographics of this community are equally impressive. With 29.9% of residents holding university certificates or degrees, this neighborhood is Above Average in terms of educational attainment. Furthermore, the median household income is $68,324, which is Average compared to other British Columbia neighborhoods. The median personal income is $31,462, which is Below Average, but the percentage of households with a mortgage is 49.1%, Below Average, indicating a mix of ownership and rental options.

Convenience

Convenience is at the forefront of living at 7288 Inlet Drive, Burnaby, BC. The Southbound Inlet Dr @ Bayview Dr bus station is just 0.06 km away, providing easy access to public transportation. With an unemployment rate of 6.6%, which is Below Average, residents can focus on their careers without worrying about job security.

Community

This community is growing, with a population change of 1.7% between 2011 and 2016, which is Average compared to the region's average growth rate. The population density is 1,601.8 people per square kilometer, which is Average, and the average family size is 2.9, also Average. However, 63.9% of families with children live in this area, which is Above Average, and 55.9% of residents are married or living common law, which is Below Average.

Real Estate

The real estate market in this area is thriving, with an average dwelling value of $1,397,929, which is High compared to other areas in British Columbia. Owner payments are also High, averaging $1,638 per month, while tenants pay $1,143, which is Above Average. With 36.7% of the population renting, this is Above Average compared to other BC cities and areas.

Language and Transportation

The language spoken at home is predominantly English, with 87.8% of residents speaking only English, which is Below Average. However, 21.7% of the population uses public transportation, which is Above Average, while 73.6% use cars, which is Below Average.

In conclusion, 7288 Inlet Drive, Burnaby, BC, offers an exceptional living experience, with excellent schools, a safe community, convenient transit, and a growing population. As your trusted realtor, I invite you to explore this beautiful home with MLS listing R3073475 and experience the best of Burnaby's Westridge neighborhood.

MLS Listing R3073475

Located at 7288 Inlet Drive, Burnaby, BC, this stunning property offers the perfect blend of comfort, convenience, and community. Don't miss out on this incredible opportunity to own a piece of this vibrant neighborhood. Contact me today to schedule a viewing!

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 $1,788,880
Burnaby $1,797,167
Westridge BN 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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