7566 Kraft Pl, Burnaby, BC | MLS^® R3035041 Property Details

93.52% cheaper than comparables

Welcome to the best neighbourhood in Burnaby! This rare 15,892 sq.ft. corner lot offers endless possibilities. Zoned R1 and located in TOA Tier 2 with a 4.0 FSR. Can build up to 4 units under current zoning—or explore the potential for 8 units with subdivision (buyer to verify). Situated in a quiet, prestigious area, this property is a dream opportunity for developers, investors, or those looking to create a legacy home. Tremendous redevelopment potential—don’t miss out!

General Info

Price $2,398,000

Total Bedrooms 5

Total Bathrooms 3

Half Bathrooms 0

Floor Area Total (sqft) 2564

Lot Size 15892

Lot Size Depth Feet

Lot Size Frontage 157

Basement Finished

Basement Features BasementFeatures

Property Metrics

Year Built 1962

Age Of Building 63

Building Type Single Family Residence

Property Type Residential

Stories 2

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3035041

Area Burnaby North

Neighbourhood Government Road

City Burnaby

Gross Taxes $7,734.85

Ownership Type Freehold NonStrata

Maintenance Fee -

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Forced Air

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 Single, Open

Total Parking Spaces -

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Strata Restrictions -

Rental Restrictions -

Zoning R1

Rental Suites -

# of Kitchens 2

Foundation Slab

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

Rooms

Floor	Type	Dimensions
Main Level	Living Room	19' x 19' ft
Main Level	Dining Room	11' x 11' ft
Main Level	Kitchen	12' x 12' ft
Main Level	Primary Bedroom	14' x 14' ft
Main Level	Bedroom	12' x 12' ft
Main Level	Bedroom	12' x 12' ft
Below	Living Room	14' x 14' ft
Below	Kitchen	11' x 11' ft
Below	Eating Area	10' x 10' ft
Below	Bedroom	14' x 14' ft
Below	Bedroom	14' x 14' ft
Below	Recreation Room	24' x 24' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3
Main Level	Yes	#3
Below	Yes	#3

Listed by: eXp 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 Mountain Secondary School

2.44 km

Elementary

École Seaforth Elementary

Above Average

0.68 km

7.7/10

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

Private Schools

Elementary

Burnaby Montessori School

2.29 km

Elementary, Secondary

Deer Lake School

3.09 km

Closest Transit

Bus Stop

Westbound Government Rd @ 7500 Block

0.28 km

Skytrain

Skytrain @ Lake City Way Stn

0.49 km

Noise/ Power Lines

Road/Hwy Noise

Unlikely

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 7566 Kraft Place, a beautiful residence located in the heart of Burnaby, BC (MLS^® R3035041)

As we step into this stunning home, you'll be surrounded by the tranquility of the neighborhood and the convenience of nearby amenities. Let's start our tour by exploring the local schools that make this area so appealing to families.

Local Schools

Your children will thrive at École Seaforth Elementary, a highly-rated school (7.7/10) located just 0.68 km from 7566 Kraft Place, Burnaby, BC (MLS^® R3035041). This school is a gem in the community, providing a supportive and engaging learning environment. Plus, Burnaby Mountain Secondary School and Burnaby Montessori School are also within a short distance, offering a range of educational options for your family.

Crime Rates

As we walk through the neighborhood, you'll feel safe and secure, knowing that the crime rate is below average compared to other Canadian cities (6,145.56 incidents per 100,000 population). According to Statistics Canada's 2020 report, the area surrounding 7566 Kraft Place, Burnaby, BC (MLS^® R3035041) experienced a 2.35% increase in illegal substances offenses and a 17.54% decrease in property misconduct rates. These statistics demonstrate a strong commitment to community safety.

Demographics

This neighborhood is a hub for families, with 63.5% of households containing children, which is above average. The median household income is $111,531, significantly higher than the British Columbia average. Meanwhile, the median personal income is $36,154, which is average. The population density is 873.3 people per square kilometer, placing this area firmly in the average range.

Transit and Lifestyle Amenities

Convenience is at your doorstep, with the Westbound Government Rd @ 7500 Block bus station just 0.28 km away from 7566 Kraft Place, Burnaby, BC (MLS^® R3035041). This makes commuting a breeze, whether you're heading to work or school. The neighborhood is also home to a variety of parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops, ensuring you have everything you need within easy reach.

Real Estate Context

The average dwelling value in this area is $1,828,513, which is higher than the average in British Columbia. With average owner payments of $1,899 and tenant payments of $1,435, this neighborhood is an attractive option for those looking to invest in a property or rent a home.

Additional Insights

At 43.7 years old, the average age of the population in this area is above average. The average family size is 3 people, which is above average. Additionally, 15% of the population are renters, which is below average compared to other BC cities and areas.

Experience the Best of Burnaby

7566 Kraft Place, Burnaby, BC (MLS^® R3035041) is more than just a home – it's a haven for families and individuals looking for a safe, convenient, and vibrant community. As a trusted realtor, I'm here to guide you through the process of finding your dream home. Contact me today to schedule a viewing and experience the best of Burnaby!