NEW
LAND ASSEMBLY – ATTENTION DEVELOPERS! Rare opportunity to acquire a prime development site! Three lots—7843, 7853 & 7863—sold as a package, each lot approximately 50 x 207 sq. ft., totaling 31,050 sq. ft. This site is located next to Edmonds St., and waits to be developed into a 4 story Apartment building(buyer to verify with the city). Situated in a rapidly growing area with excellent amenities, transit access, and strong future potential. The house was Recently done in stages into a very new offering with one legal 2 bed suite - can be 3 bed, or 2 more bd income generating accommodation. Reno was done w great workmanship. With 2 bedroom/2 bath up, Shed in backyard is yet another potential waiting for ideas. 3 full sets laundry machines.
General Info
Property Metrics
Additional Details
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Primary Bedroom | 9'11 x 9'11 ft |
| Main Level | Bedroom | 11'6 x 11'6 ft |
| Main Level | Kitchen | 21'11 x 21'11 ft |
| Main Level | Living Room | 18'5 x 18'5 ft |
| Main Level | Foyer | 10'6 x 10'6 ft |
| Main Level | Bar Room | 7'7 x 7'7 ft |
| Main Level | Bar Room | 4'10 x 4'10 ft |
| Basement Level | Kitchen | 15'5 x 15'5 ft |
| Basement Level | Bedroom | 11'5 x 11'5 ft |
| Basement Level | Bedroom | 11'5 x 11'5 ft |
| Basement Level | Laundry | 11' x 11' ft |
| Basement Level | Bar Room | 4'1 x 4'1 ft |
| Basement Level | Bedroom | 7'8 x 7'8 ft |
| Basement Level | Bedroom | 7'8 x 7'8 ft |
| Basement Level | Office | 10'1 x 10'1 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
| Main Level | No | #4 |
| Basement | No | #4 |
| Below | No | #4 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Noise/ Power Lines
Other
Welcome to 7843 Wedgewood Street, a stunning Burnaby home that offers the perfect blend of comfort and convenience. As we walk through the neighborhood, you'll notice the beautiful Lakeview Elementary School, just a short 0.65 km away from this property with MLS® R3082120. This school has a rating of 6.2/10, making it a great choice for families who value a high-quality education.
Just down the road, you'll find Burnaby Central Secondary School, with a rating of No Rating. Of course, there are also excellent independent schools in the area, such as Our Lady of Mercy School, which has a rating of 10/10 and is just 1.29 km from this home. Whether you're looking for a traditional public school or a private institution, you'll find it here.
Now, let's talk about the safety of the neighborhood. According to Statistics Canada's 2020 report, the crime rate near 7843 Wedgewood Street, Burnaby, BC is 6,145.56, with a rate of Below Average compared to other Canadian cities. The year-over-year change in the total crime rate is -11.13%, indicating a downward trend in crime. You can feel safe knowing that your family is protected.
As we continue our stroll, you'll notice the convenient proximity to public transportation. The closest bus station is the Westbound Edmonds St @ 7800 Block, just 0.09 km away from this listing with MLS® R3082120.
Now, let's take a closer look at the demographics of the neighborhood. You'll see that 27.9% of people with a university certificate or degree live in this area, which is Above Average compared to other BC neighborhoods. On the other hand, 14.4% of the population has no certificate or degree, which is Below Average compared to the average in BC.
In terms of income, the median household income near this home is $86,827, which is Above Average compared to the British Columbia average. However, the median personal income is $28,736, which is Below Average compared to the BC average. The percentage of households with a mortgage is 39.4%, which is Low compared to other neighborhoods.
As we explore the community, you'll notice that the unemployment rate is 5.2%, which is Low compared to other province neighborhoods. The population change between 2011 and 2016 was -1.6%, which is Below Average compared to average growth rate of this region.
When it comes to family dynamics, the average size of families in the area is 3, which is Above Average compared to the whole region. The percentage of families with children is 68.2%, which is Above Average. On the other hand, the percentage of married or living common law is 59.2%, which is Average.
In terms of transportation, 21.5% of the population uses public transport, which is Above Average. However, 73.1% of the population uses cars, which is Below Average. 2.2% of people use bicycles, which is Above Average, and 1.8% of the population walks, which is Low.
Finally, let's talk about the average value of dwellings in the neighborhood. With an average value of $1,453,497, this area is considered High compared to other areas in British Columbia. The average owner payments are Above Average, with owners spending an average of $1,406 per month. Tenants are paying an average of $1,257 per month, which is also Above Average.
In terms of renters, 32.4% of the population in this district are renters, which is Above Average compared to other BC cities and areas.
In conclusion, 7843 Wedgewood Street, Burnaby, BC MLS® R3082120 is a wonderful home that offers a unique blend of comfort, convenience, and community. With its excellent schools, safe neighborhood, and convenient access to public transportation, this property is a great choice for families and individuals alike.
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