7209 Elwell St, Burnaby, BC, MLS® R3017231

$1,860,000
Est. Mortgage /mo

6.4% price reduction

$1,860,000
$1,988,000
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
2 Baths
2 Stories
lot 6600 sqft
2060 sqft
1949 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

7209 Elwell St, Burnaby, BC | MLS® R3017231 Property Details

6.4% price reduction

Prime opportunity for approved Edmonds Community Plan redevelopment. This well-maintained, 6600 sqft flat SOUTH-FACING lot, 5 bedrooms, owner-occupied home offers flexible living with fully self-contained upper and lower suites (no interior connection), perfect for extended family or rental income. Located in a central Edmonds neighbourhood, just minutes to parks, transit, shopping, and Morley Elementary School. Quiet lot with lane access. Edmonds Community 2050 has approved low rise condo. City appraiser has confirmed six units may be built under existing R1 ssmuh district. Showings available with 24 hours’ notice. Virtual tour and floor plan available—contact listing agent for details. Welcome to check out this renovated cozy home.

General Info

Price $1,860,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2060
Lot Size 6600
Lot Size Depth Feet
Lot Size Frontage 55
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1949
Age Of Building 76
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3017231
Area Burnaby South
Neighbourhood Highgate
City Burnaby
Gross Taxes $5,717.96
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 0
Heating Type Forced Air

Utilities

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

Parking

Parking Type Open, Front Access
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning R1 SMA
Rental Suites Other
Laundry In Unit
# of Kitchens 2
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Luxmore 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 Central Secondary School
2.88 km
Elementary
Morley Elementary School
0.6 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
0.85 km
Secondary
St.Thomas More Collegiate
1.38 km

Closest Transit

Bus Stop
Westbound Kingsway @ Walker Ave
0.35 km
Skytrain
Skytrain @ Edmonds Stn
1.10 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 7209 Elwell Street, a beautiful property located in the heart of Burnaby, BC, listed as MLS® R3017231. As we walk through this vibrant neighborhood, I'm excited to share with you the many charms and amenities that make this area so special.

Schools

Let's start with the schools. Morley Elementary School is conveniently located just 0.6 km from this property, making it an ideal choice for families with children. With a rating of No Rating, we can trust that the school is dedicated to providing a high-quality education to its students. Additionally, Burnaby Central Secondary School is just 2.88 km away, offering a range of academic and extracurricular opportunities for students.

For those seeking an independent school education, St. Francis de Sales is the closest elementary school, with a rating of 9/10 and located just 0.85 km from this property. For secondary school, St. Thomas More Collegiate is a great option, with a rating of No Rating and located 1.38 km away.

Crime

According to the latest crime statistics from Statistics Canada (2020), the neighborhood surrounding 7209 Elwell Street has an overall crime rate of 6,145.56 incidents per 100,000 population, which is Below Average compared to other Canadian cities. This means that residents of this area can enjoy a safe and secure living environment.

Breaking down the crime rates, we see that drug crime is Below Average, with an illegal substances offences rating of 126.78. Property crime is Average, with a property misconduct rating of 3,691.76. Violent crime is Low, with a rate of 893.28 incidents per 100,000 population.

Demographics

This neighborhood is home to a diverse population, with 32.1% of residents holding a university certificate or degree, which is Above Average in comparison to other BC neighborhoods. In contrast, 14.7% of residents have no certificate or degree, which is Below Average.

The median household income in this area is $44,442, which is Low compared to the British Columbia average. However, the median personal income is $24,236, also Low compared to the BC average. The percentage of households with a mortgage is 59.7%, which is Average.

Transit

Convenience is key, and this neighborhood has it in spades. The closest bus station, Westbound Kingsway @ Walker Ave, is just 0.35 km away from this property, making it easy to get around without a car.

Lifestyle Amenities

This area is packed with lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby. You'll never be far from what you need, making 7209 Elwell Street an ideal choice for those who love to be connected to their community.

Real Estate Context

The average value of dwellings in this neighborhood is $481,607, which is Above Average compared to other areas in British Columbia. Average owner payments are $1,256, which is Average in the area. Tenants are paying $914, which is Below Average compared to other cities.

Population and Housing

This neighborhood is home to a diverse population, with 52.7% of residents renting their homes, which is High compared to other BC cities and areas. The average size of families in this area is 2.7, which is Below Average. However, 57.8% of families have children, which is Average.

Transportation

Getting around this neighborhood is easy, with 37.3% of residents using public transport, which is High. However, 56.6% of residents use cars, which is Low. 4.8% of residents walk, which is Average, and 0.7% use bicycles, which is Below Average.

In conclusion, 7209 Elwell Street is a fantastic property located in the heart of Burnaby, BC, listed as MLS® R3017231. With its convenient location, excellent schools, safe and secure living environment, and abundance of lifestyle amenities, this property is sure to please even the most discerning buyer.

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 $1,860,000
Burnaby $1,877,630
Highgate $1,623,300
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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