6768 Elwell St, Burnaby, BC, MLS® R3055536

$1,725,000
Est. Mortgage /mo

NEW

$1,725,000
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
3 Beds
2 Baths
2 Stories
lot 6000 sqft
1446 sqft
1955 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

6768 Elwell St, Burnaby, BC | MLS® R3055536 Property Details

Opportunity Knocks! Great holding property in the Highgate Area of south Burnaby. Renovate now and hold for future development or build now. Current new R1 zoning allows for up to 6 dwelling units on this large 6000 sq.ft. lot (WITH LANE ACCESS) or combine with adjoining lots to building up to 6 story apartment building. For details of potential, consult City of Burnaby and the Edmonds Community Plan. Property is located in the Windsor Elementary and Byrne Creek Secondary catchment area and is close to transit, shopping, parks and the Edmonds Community Centre. Call today to discuss the potential of this prime lot.

General Info

Price $1,725,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1446
Lot Size 6000
Lot Size Depth Feet
Lot Size Frontage 50
Basement Partially Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1955
Age Of Building 70
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Freezer
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3055536
Area Burnaby South
Neighbourhood Highgate
City Burnaby
Gross Taxes $5,617.9
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included 1

Heating & Cooling

Fireplace 2
Heating Type Forced Air, Natural Gas

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 Multiple, Lane Access
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites -
# of Kitchens 1
Flooring Vinyl, Wall/Wall/Mixed
Foundation Concrete Perimeter
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: Macdonald Realty (Surrey/152)

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
1.73 km
Elementary
Windsor Elementary School
0.82 km

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

Private Schools

Elementary
St. Francis de Sales
0.24 km
Secondary
St.Thomas More Collegiate
1.92 km

Closest Transit

Bus Stop
Southbound Griffiths Ave @ Elwell St
0.17 km
Skytrain
Skytrain @ Edmonds Stn
1.04 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 the charming community of Highgate, where 6768 Elwell Street, Burnaby, BC, stands proudly as a stunning residence, listed under MLS® R3055536. As we step into this picturesque neighborhood, you'll discover a tranquil atmosphere, perfect for families and individuals seeking a peaceful retreat.

Let's begin our tour by exploring the educational landscape in this area. Windsor Elementary School, located just 0.82 km from 6768 Elwell Street, is a fantastic institution that provides a nurturing environment for young minds. With a rating of No Rating, this school is an excellent choice for families, offering a fresh start for their children.

In addition to Windsor Elementary, we also have Byrne Creek Community School, situated 1.73 km from this beautiful home. Although it has a No Rating, this school is an integral part of the community, providing a comprehensive education to its students.

For those seeking a more elite educational experience, St. Francis de Sales, an Elementary independent school, is just 0.24 km away from 6768 Elwell Street. With a remarkable rating of 9/10, this school is an ideal choice for families seeking a high-quality education. On the other hand, St. Thomas More Collegiate, a Secondary independent school, is 1.92 km from this residence, offering a unique learning experience with a No Rating.

Now, let's delve into the safety and security of this neighborhood. The freshest crime data from Statistics Canada indicate that this area has a Below Average crime rate of 6,145.56, with a year-by-year change of -11.13%. This means that residents can enjoy a peaceful living environment, free from worries about crime. According to the same data, the neighborhood has a Below Average rate of drug-related crimes, with a rating of 126.78 and a year-by-year change of 2.35%.

In terms of property crimes, this area is Average, with a rating of 3,691.76 and a year-by-year change of -17.54%. Moreover, the violent crime rate is Low, with a rating of 893.28 and a year-by-year change of -5.51%. These statistics provide reassurance that this community is a safe haven for residents.

When it comes to transportation, the Southbound Griffiths Ave @ Elwell St bus station is conveniently located 0.17 km away from this property, making it easy for commuters to access various parts of the city.

Now, let's explore the demographics of this neighborhood. A staggering 30.5% of the population holds a university certificate or degree, which is Above Average in comparison to other BC neighborhoods. On the other hand, 14.9% of the population has no certificate or degree, which is Below Average compared to the average in BC.

Regarding income, the median household income near this residence is $77,141, which is Above Average in comparison to the British Columbia average. Additionally, the median personal income is $26,667, which is Low in comparison to the BC average. Furthermore, 48% of households in this census subdivision have a mortgage, which is Below Average.

Unemployment rates in this area are remarkably Low, standing at 4.9%, compared to other province neighborhoods.

This charming neighborhood has experienced a population change of -0.3% between 2011 and 2016, which is Below Average in comparison to average growth rates in this region. The population density per square kilometer is 3,976.6, which is High.

Family dynamics in this area are also noteworthy. The average size of families is 3, which is Above Average in comparison to the whole region. Furthermore, 69.1% of families in this neighborhood have children, which is Above Average. On the other hand, the percentage of married or living common law couples is 60.3%, which is Average.

The average age of the population in this area is 40.8, which is Average in comparison to other BC cities.

As we explore the real estate landscape, we find that the average value of dwellings in this neighborhood is $1,480,510, which is High in comparison to other areas in British Columbia. Average owner payments are also High, standing at $1,689 per month. On the other hand, tenants are paying $1,380 per month, which is High in comparison to other cities.

Lastly, 31% of the population in this area are renters, which is Above Average in comparison to other BC cities and areas.

In terms of language, 4.6% of the population speaks both English and French, which is Below Average. However, 86.1% of the population speaks only English, which is Below Average. Additionally, 0.1% of the population speaks only French, which is Low.

For transportation, 21.8%

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 $1,725,000
Burnaby $2,208,317
Highgate 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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