Property details

Prime Development Opportunity in East Burnaby! City of Burnaby pre-engineering approval is secured for a six-unit development on this 66 x 113 ft. corner lot, just two blocks from Edmonds Street and minutes from Edmonds SkyTrain Station. Originally the property was approved for a two-lot subdivision but with new zoning they have advanced the project staying as 1 lot and 6 units with approved building plans just 4 months away. As a bonus, a rentable three-level character home currently occupies the property, offering immediate rental income for those looking to hold and invest. Located in a vibrant, family-friendly neighborhood, this property is within walking distance of elementary and secondary schools, as well as the Highgate Shopping Centre for all your daily essentials.

General Info

Price $2,650,000

Total Bedrooms -

Total Bathrooms -

Half Bathrooms -

Floor Area Total (sqft) -

Lot Size 7458

Lot Size Depth Feet

Lot Size Frontage 66

Basement Features BasementFeatures

Property Metrics

Year Built -

Age Of Building -

Building Type -

Property Type Land

Stories -

Building Features BuildingFeatures

Structures Land Only

Additional Details

MLS # R2962941

Area Burnaby East

Neighbourhood Edmonds BE

City Burnaby

Gross Taxes $7,938.56

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Near Shopping

Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Cable Connected

Water (WaterSource) Public

Parking

Total Parking Spaces -

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Strata Restrictions -

Rental Restrictions -

Zoning R1

Rental Suites -

# of Kitchens -

Locker -

View -

View Description -

Units In Development -

Property History

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Status	Date	Price
Active	-	$2,650,000
Active	-	$2,650,000

Listed by: RE/MAX Crest Realty & RE/MAX Crest 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

Byrne Creek Community School

1.32 km

No Rating

Elementary

Edmonds Community School

0.4 km

No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary

Our Lady of Mercy School

0.83 km

Rating 10/10

Secondary

St.Thomas More Collegiate

0.68 km

No Rating

Closest Transit

Translink

Westbound Edmonds St @ Humphries Ave

0.22 km

7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5 is serviced by Edmonds Community School. The property with listing MLS® R2962941 is located 0.4 km from the school. Edmonds Community School has a rating of No Rating.

This home with address 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5, Burnaby, BC is also serviced by Byrne Creek Community School and located 1.32 km from it. Byrne Creek Community School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5 is Our Lady of Mercy School with School's rating Rating 10/10, located 0.83 km from this home.

The closest to this address 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5 Secondary independent school is St.Thomas More Collegiate with School's rating No Rating, located 0.68 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 15,851 volation disturbances in this neighbourhood. The overall crime rate near the address - 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5, Burnaby, BC is 6,145.56. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is -11.13%

Drug crime rate next to the listing MLS® R2962941 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 126.78. There were 327 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 2.35%

Property crimes in the neighbourhood close to real estate listing for sale 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5 are Average. Property misconduct rating adjacent to MLS® R2962941 is 3,691.76. There were 9,522 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -17.54%

There were 2,304 violent lawbreaking disorders in 2020. 893.28 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is -5.51%

The closest Bus station is Westbound Edmonds St @ Humphries Ave in 0.22 km away from this listing with - MLS® R2962941.

25.8% of people with university certificate/degree live in this neighbourhood adjacent to the 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5 which is Above Average in comparison with other BC neighbourhoods. 16.3% of population in this neighbourhood that is near the Listing MLS® R2962941 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5, Burnaby, BC is $61120 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2962941 is $23936 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 69.7% which is High.

Unemployment rate in the area around Real Estate Listing # R2962941 is 6.9 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5 Edmonds BE where population change between 2011 and 2016 was -0.4%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5, Burnaby, BC is 6158.9 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5 is 3.1. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2962941 is 73.6% and it is High. % of Married or living common law is around 55.3% and it is Below Average.

Average age of the population close to the 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5 is 37.4 . This percentage is Low in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5, Burnaby, BC is $881914 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5. $1745 owners spent in average for the dwelling. Tenants are paying $1090 in this district close to MLS® R2962941 and it is Average comparing to other cities.

54.6% of Population in this district near the 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5, Burnaby, BC is 4.5%, it is Below Average, % of English speakers only is 87.6% and Below Average. % of French speakers adjacent to 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5, Burnaby, BC is 7.8% and it is High comparing to other BC cities.

35.6% of all population in the area around this property with the address 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5, Burnaby, BC using Public Transport which is High, 59.1% of using population are using Cars around MLS® R2962941, which is Low. 0.8% of people using Bicycles around the 7386 HUMPHRIES AVENUE, Burnaby BC V3N 3E5 and it is Below Average. 2.4% of population are walking which is Below Average

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