7681 Kingsway, Burnaby, BC, MLS® R2845435

$800,990
Est. Mortgage /mo

Closed

$800,000
Closed at 04 Jul 2024
Listing price: $800,990
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
2 Baths
1 Stories
$ 50 Maint. Fee
1080 sqft
1960 built
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Map
Street view
Schools
Crime
Commute
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7681 Kingsway, Burnaby, BC | MLS® R2845435 Property Details

Rare gem in the heart of Edmonds. Unique self-managed townhouse complex with an extremely low strata fee of $50 per month. This rancher style unit features 5 bedrooms in total; a 2-bedroom mortgage helper with a separate entrance. Minutes away to Highgate village shopping, schools, restaurants, library, banks. Easy access to Hwy 91 and Hwy 1. Adjacent to Ernie Winch Park. Great cash flow and hold for future development along Kingsway and beside Southgate Village Node. Proposed "Low or Medium Density Multiple Family Residential" as per Edmonds Land Use Map.

General Info

Price $800,990
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1080
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1960
Age Of Building 64
Building Type Townhouse
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Trash, Maintenance Grounds, Snow Removal, Water
Building Features BuildingFeatures
Structures Residential Attached

Additional Details

MLS® # R2845435
Area Burnaby East
Neighbourhood Edmonds BE
City Burnaby
Gross Taxes $1,282.67
Ownership Type Freehold Strata
Maintenance Fee $50
Amenities Nearby Trash, Maintenance Grounds, Snow Removal, Water

Heating & Cooling

Fireplace 0
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Community, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Open
Total Parking Spaces -

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Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Yes
Rental Restrictions 100
Zoning R8
Rental Suites Unauthorized Suite
Laundry In Unit
# of Kitchens 2
Flooring Mixed
Foundation Concrete Perimeter
View -
View Description -
Units In Development 22
Exterior Features Garden, Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Sutton Group-Alliance R.E.S.

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
1.11 km
Elementary
Twelfth Avenue Elementary School
Average
0.54 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
Our Lady of Mercy School
0.39 km
10/10
Excellent
Secondary
St.Thomas More Collegiate
0.22 km

Closest Transit

Bus Stop
Eastbound 14 Ave @ Kingsway
0.13 km
Skytrain
Skytrain @ Edmonds Stn
1.36 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

7681 Kingsway is serviced by Twelfth Avenue Elementary School. The property with listing MLS® R2845435 is located 0.54 km from the school. Twelfth Avenue Elementary School has a rating of Rating 6.2/10.

This home with address 7681 Kingsway, Burnaby, BC is also serviced by Byrne Creek Community School and located 1.11 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 7681 Kingsway is Our Lady of Mercy School with School's rating Rating 10/10, located 0.39 km from this home.

The closest to this address 7681 Kingsway Secondary independent school is St.Thomas More Collegiate with School's rating No Rating, located 0.22 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 - 7681 Kingsway, 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® R2845435 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 7681 Kingsway are Average. Property misconduct rating adjacent to MLS® R2845435 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 Eastbound 14 Ave @ Kingsway in 0.13 km away from this listing with - MLS® R2845435.

25.8% of people with university certificate/degree live in this neighbourhood adjacent to the 7681 Kingsway which is Above Average in comparison with other BC neighbourhoods. 16.3% of population in this neighbourhood that is near the Listing MLS® R2845435 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 7681 Kingsway, Burnaby, BC is $61120 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2845435 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 # R2845435 is 6.9 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 7681 Kingsway 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 7681 Kingsway, Burnaby, BC is 6158.9 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 7681 Kingsway 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® R2845435 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 7681 Kingsway is 37.4 . This percentage is Low in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7681 Kingsway, 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 7681 Kingsway. $1745 owners spent in average for the dwelling. Tenants are paying $1090 in this district close to MLS® R2845435 and it is Average comparing to other cities.

54.6% of Population in this district near the 7681 Kingsway are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7681 Kingsway, Burnaby, BC is 4.5%, it is Below Average, % of English speakers only is 87.6% and Below Average. % of French speakers adjacent to 7681 Kingsway only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 7681 Kingsway, 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 7681 Kingsway, Burnaby, BC using Public Transport which is High, 59.1% of using population are using Cars around MLS® R2845435, which is Low. 0.8% of people using Bicycles around the 7681 Kingsway and it is Below Average. 2.4% of population are walking which is Below Average

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 50
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 $800,990
Burnaby No comparables
Edmonds BE 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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