5537 Canada Way, Burnaby, BC, MLS® R2970315

$2,300,000
Est. Mortgage /mo

14.5% price reduce

$2,300,000
$2,690,000
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
7 Beds
6 Baths
2 Stories
lot 7169 sqft
4306 sqft
2014 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

5537 Canada Way, Burnaby, BC | MLS® R2970315 Property Details

14.5% price reduce

Exclusive opportunity to own this charming family home in Burnaby's coveted deer lake neighbourhood, boasting an elegant, modern design with vaulted ceilings, spacious rooms and exceptional craftsmanship throughout, this residence is ideal for both entertaining and family living, the gourmet kitchen will delight culinary enthusiasts, featuring a secondary wok kitchen, a bright and airy matte white colour scheme, and high-quality stainless steel appliances. Ample parking and driveway space, back lane access on Rugby street. Meticulously designed with premium finishes, basement has two separate entry one bedroom suite, amazing mortgage helper setup, must view to appreciate.

General Info

Price $2,300,000
Total Bedrooms 7
Total Bathrooms 6
Half Bathrooms 0
Floor Area Total (sqft) 4306
Lot Size 7169
Lot Size Depth Feet
Lot Size Frontage 67
Basement Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 2014
Age Of Building 11
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2970315
Area Burnaby South
Neighbourhood Deer Lake
City Burnaby
Gross Taxes $7,608.7
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Radiant

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double, Lane Access, Rear Access
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites Legal Suite,Unauthorized Suite
# of Kitchens 3
Foundation Concrete Perimeter
Interior Features Vaulted Ceiling(s)
Locker -
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: Sunstar Realty Ltd.

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 Central Secondary School
1.43 km
Elementary
Buckingham Elementary School
Above Average
0.55 km
8.2/10

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

Private Schools

Elementary
Burnaby Montessori School
1.82 km
Elementary, Secondary
Deer Lake School
1.89 km

Closest Transit

Bus Stop
Southbound Canada Way @ Haszard St
0.16 km
Skytrain
Skytrain @ Lake City Way Stn
2.37 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 5537 Canada Way, a beautiful home in the heart of Burnaby, BC

As we step into this charming community, you'll notice the vibrant atmosphere and excellent amenities that make it an ideal place to call home. Let's start with the schools, shall we?

Buckingham Elementary School: A Top Choice for Families

Located just 0.55 km from our property, Buckingham Elementary School is a highly-rated institution with a 8.2/10 rating. Families appreciate its strong academic programs, dedicated teachers, and welcoming environment. This school is a testament to the community's commitment to education and its residents' love for learning.

Burnaby Central Secondary School: Excellence in Secondary Education

Also serving our community, Burnaby Central Secondary School is just 1.43 km from our property. Although it doesn't have a publicly available rating, its reputation for excellence in secondary education is well-known. Students here enjoy a well-rounded curriculum, state-of-the-art facilities, and a supportive community that fosters growth and achievement.

Independent Schools: Options for Every Family

For families seeking alternative educational paths, Burnaby Montessori School (1.82 km away) and Deer Lake School (1.89 km away) offer excellent choices. Both schools have a strong focus on individualized learning, character development, and community engagement.

Safety First: Low Crime Rates in the Neighborhood

According to the latest statistics from Statistics Canada (2020), our neighborhood boasts a Below Average crime rate compared to other Canadian cities. With a total of 15,851 disturbances and a crime rate of 6,145.56 incidents per 100,000 population, our community is a safe and peaceful place to live. The year-over-year change in crime rate is a notable -11.13%, demonstrating our community's commitment to maintaining a safe environment.

Crime Breakdown: A Closer Look

Let's take a closer look at the types of crimes in our neighborhood:

  • Drug Crime Rate: Below Average, with 126.78 incidents per 100,000 population and a year-over-year change of 2.35%.
  • Property Crimes: Average, with 3,691.76 incidents per 100,000 population and a year-over-year change of -17.54%.
  • Violent Crimes: Low, with 893.28 incidents per 100,000 population and a year-over-year change of -5.51%.
Getting Around: Convenient Public Transit

For commuters, our neighborhood offers excellent public transit options. The closest bus station, Southbound Canada Way @ Haszard St, is just 0.16 km away from our property. With regular bus services and easy access to major highways, getting around Burnaby and beyond is a breeze.

Community Profile: Who Lives Here?

Our neighborhood is a vibrant and diverse community, with a:

  • High percentage of university-educated residents (33.8%): above the BC average.
  • Low percentage of residents with no certificate or degree (13.5%): below the BC average.
  • Median household income of $97,719: above the BC average.
  • Median personal income of $32,858: average compared to the BC average.
  • Low percentage of households with a mortgage (45.4%): below average.
Demographics: A Snapshot of Our Community

Here's a brief overview of our community's demographics:

  • Population change between 2011 and 2016: -2.4%, below average.
  • Population density per square kilometer: 1,998.3, above average.
  • Average family size: 3, above average.
  • Percent of families with children: 67.2%, above average.
  • Percent of married or living common law: 62.2%, above average.
Real Estate: A Thriving Market

Our neighborhood is home to a range of residential properties, with an average dwelling value of $1,905,544. This is a notable increase compared to other areas in British Columbia.

Transportation: How We Get Around

Our community's reliance on public transportation is above average, with 19% of residents using public transport. While 75.6% of residents use cars, this is below average. Our neighborhood is also bike-friendly, with 1.2% of residents using bicycles, and walkable, with 3% of residents walking.

Welcome to 5537 Canada Way: A Home in the Heart of Burnaby

As we conclude our tour of this beautiful home, I hope you've seen the many reasons why 5537 Canada Way, Burnaby, BC, MLS® R2970315, is an excellent choice for your next home. From its excellent schools to its safe and vibrant community, convenient public transit, and thriving real estate market, this

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 $2,300,000
Burnaby $3,187,622
Deer Lake 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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