7566 Kraft Pl, Burnaby, BC, MLS® R3035041

$2,398,000
Est. Mortgage /mo

93.52% cheaper than comparables

$2,398,000
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
5 Beds
3 Baths
2 Stories
lot 15892 sqft
2564 sqft
1962 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

7566 Kraft Pl, Burnaby, BC | MLS® R3035041 Property Details

93.52% cheaper than comparables

Welcome to the best neighbourhood in Burnaby! This rare 2600 SF home on a prime 15,892SF. corner lot offers endless possibilities. Situated in a quiet, prestigious area, this property is a dream opportunity for homeowners, or investors - those looking for a great home in a trophy location. Steps to Seaforth Elementary, Charles Rummel Park and Burnaby Lake. Call today for a private viewing!

General Info

Price $2,398,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2564
Lot Size 15892
Lot Size Depth Feet
Lot Size Frontage 157
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1962
Age Of Building 63
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3035041
Area Burnaby North
Neighbourhood Government Road
City Burnaby
Gross Taxes $7,734.85
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
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 Single, Open
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites -
# of Kitchens 2
Foundation Slab
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: eXp 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 Mountain Secondary School
2.44 km
Elementary
École Seaforth Elementary
Above Average
0.68 km
7.7/10

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

Private Schools

Elementary
Burnaby Montessori School
2.29 km
Elementary, Secondary
Deer Lake School
3.09 km

Closest Transit

Bus Stop
Westbound Government Rd @ 7500 Block
0.28 km
Skytrain
Skytrain @ Lake City Way Stn
0.49 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

Imagine strolling through the charming neighborhood surrounding 7566 Kraft Place, a beautiful home for sale in Burnaby, BC, listed under MLS® R3035041. As we walk, take note of the excellent educational facilities in the area.

École Seaforth Elementary, located just 0.68 km from 7566 Kraft Place, has earned a commendable rating of 7.7/10. Families love this school because of its strong academic reputation and supportive community. As you explore the neighborhood, you'll also find Burnaby Mountain Secondary School, rated No Rating, situated 2.44 km from the home. This school is known for its diverse extracurricular programs and exceptional faculty.

Looking for an independent elementary school? Burnaby Montessori School, with a rating of No Rating, is only 2.29 km from 7566 Kraft Place. Alternatively, Deer Lake School, another independent secondary school, is 3.09 km away from this stunning home, also boasting a No Rating.

Now, let's discuss community safety. According to Statistics Canada's 2020 report, this neighborhood has a Below Average crime rate, with 15,851 reported incidents. The overall crime rate near 7566 Kraft Place, Burnaby, BC, is 6,145.56 per 100,000 population, which is significantly lower than the national average. Comparing to other Canadian cities, this neighborhood boasts a substantial improvement in crime rates over the years, with a year-over-year change of -11.13%.

When it comes to specific crime categories, the area surrounding MLS® R3035041 demonstrates Below Average rates for drug-related offenses, with a rating of 126.78. This indicates that the neighborhood is a safe and healthy environment for residents. Similarly, property crimes are Average in this area, with a rating of 3,691.76. However, the violent crime rate is Low, with 893.28 incidents per 100,000 population, making this neighborhood an attractive choice for those seeking peace of mind.

Convenience is also a key aspect of this community. Just a short 0.28 km away from 7566 Kraft Place, you'll find the Westbound Government Rd @ 7500 Block bus station, providing easy access to public transportation.

Let's dive into the demographics of this neighborhood. With 39.6% of residents holding a university certificate or degree, this area boasts a High level of educational attainment compared to other BC neighborhoods. On the other hand, 9.9% of the population has no certificate or degree, which is Low compared to the average in BC.

The median household income near 7566 Kraft Place, Burnaby, BC, is a substantial $111,531, ranking High compared to the British Columbia average. Meanwhile, the median personal income is $36,154, which is Average compared to the BC average. Interestingly, 46.4% of households in this census subdivision have a mortgage, indicating a relatively Low homeownership rate.

Unemployment rates in the area surrounding MLS® R3035041 are also impressive, with a Low rate of 4%. This is a significant advantage for potential residents seeking a stable economic environment.

Population growth in this neighborhood is another notable aspect. Between 2011 and 2016, the population change was -6.4%, which is Low compared to average growth rates in the region. However, this may also indicate a sense of stability and consistency in the area.

As we explore the community, you'll notice an Average population density of 873.3 people per square kilometer. This suggests a comfortable and livable environment for residents. On average, families in this area consist of 3 people, which is Above Average compared to the whole region. Moreover, 63.5% of families with children live in this neighborhood, indicating a strong sense of community and family values.

The average age of the population near 7566 Kraft Place is 43.7 years, which is Above Average compared to other BC cities. This may suggest a sense of maturity and stability in the area.

Lastly, let's discuss the real estate context. The average value of dwellings in this neighborhood is $1,828,513, which is High compared to other areas in British Columbia. As a homeowner, you can expect to pay an average of $1,899 per month for mortgage payments, making this a relatively High cost of ownership. Alternatively, tenants in the area pay an average of $1,435 per month, which is also High compared to other cities.

In conclusion, 7566 Kraft Place, Burnaby, BC, MLS® R3035041, offers an exceptional living experience with its excellent schools, low crime rates, and convenient public transportation. With a strong sense of community, a Low unemployment rate, and a High median household income, this neighborhood is an attractive choice for families and

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 $2,398,000
Burnaby $2,576,667
Government Road 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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