8483 16TH AVE, Burnaby BC V3N 1S4, Burnaby, BC

$2,199,800
Est. Mortgage /mo

MLS® R2883453

Closed

$2,055,000
Closed at 09 Dec 2024
Listing price: $2,199,800
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
3 Beds
3 Baths
2 Stories
lot 8712 sqft
3068 sqft
1974 built
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Property details

Massive 8712 Sq Ft (66x132) Corner R5 Duplex Lot in East Burnaby! Build a 3 story duplex with a legal suite in the basement! Build up to 3300 Sq Ft on each side! Buildable basement square footage can be as large as the main level. Build now or hold and wait for the potential to build a Fourplex in the future! New duplex would face Cumberland. Corner property with tons of natural light coming through! Very quiet area. School catchments are Armstrong Elementary for English, Seaforth Elementary for French and Cariboo Hill Secondary for both. Walking distance to Robert Burnaby Park, Cariboo Hill Secondary and Armstrong Elementary. Lots of transit along 16th & Cumberland. Short drive to Royal Square Mall which has your Safeway and many other shops! Please do not walk on the property.

General Info

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Property History

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Status Date Price
Sold 12-09-2024 $2,199,800

Listed by:

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

Elementary
Armstrong Elementary School
Average
0.85 km
Rating 6.4/10
Secondary
Cariboo Hill Secondary School
0.46 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
John Knox Christian School
Above Average
0.62 km
Rating 9.2/10
Elementary
John Knox Christian School
Above Average
0.62 km
Rating 9.2/10

Closest Transit

Translink
Westbound 16 Ave @ Cumberland St
0.09 km

8483 16TH AVENUE, Burnaby BC V3N 1S4 is serviced by Armstrong Elementary School. The property with listing MLS® R2883453 is located 0.85 km from the school. Armstrong Elementary School has a rating of Rating 6.4/10.

This home with address 8483 16TH AVENUE, Burnaby BC V3N 1S4, Burnaby, BC is also serviced by Cariboo Hill Secondary School and located 0.46 km from it. Cariboo Hill Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 8483 16TH AVENUE, Burnaby BC V3N 1S4 is John Knox Christian School with School's rating Rating 9.2/10, located 0.62 km from this home.

The closest to this address 8483 16TH AVENUE, Burnaby BC V3N 1S4 Secondary independent school is John Knox Christian School with School's rating Rating 9.2/10, located 0.62 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 15,851 volation disturbances in this neighbourhood. The overall crime rate near the address - 8483 16TH AVENUE, Burnaby BC V3N 1S4, Burnaby, BC is 6,145.56. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is -11.13%

Drug crime rate next to the listing MLS® R2883453 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 126.78. There were 327 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 2.35%

Property crimes in the neighbourhood close to real estate listing for sale 8483 16TH AVENUE, Burnaby BC V3N 1S4 are Average. Property misconduct rating adjacent to MLS® R2883453 is 3,691.76. There were 9,522 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -17.54%

There were 2,304 violent lawbreaking disorders in 2020. 893.28 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is -5.51%

The closest Bus station is Westbound 16 Ave @ Cumberland St in 0.09 km away from this listing with - MLS® R2883453.

32.8% of people with university certificate/degree live in this neighbourhood adjacent to the 8483 16TH AVENUE, Burnaby BC V3N 1S4 which is High in comparison with other BC neighbourhoods. 12.6% of population in this neighbourhood that is near the Listing MLS® R2883453 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 8483 16TH AVENUE, Burnaby BC V3N 1S4, Burnaby, BC is $90766 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2883453 is $32448 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 55.5% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2883453 is 5.7 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 8483 16TH AVENUE, Burnaby BC V3N 1S4 East Burnaby where population change between 2011 and 2016 was 4.5%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 8483 16TH AVENUE, Burnaby BC V3N 1S4, Burnaby, BC is 1592.4 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 8483 16TH AVENUE, Burnaby BC V3N 1S4 is 3.1. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2883453 is 73% and it is High. % of Married or living common law is around 57.8% and it is Average.

Average age of the population close to the 8483 16TH AVENUE, Burnaby BC V3N 1S4 is 40.5 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 8483 16TH AVENUE, Burnaby BC V3N 1S4, Burnaby, BC is $1097982 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 8483 16TH AVENUE, Burnaby BC V3N 1S4. $1709 owners spent in average for the dwelling. Tenants are paying $1261 in this district close to MLS® R2883453 and it is Above Average comparing to other cities.

27.4% of Population in this district near the 8483 16TH AVENUE, Burnaby BC V3N 1S4 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 8483 16TH AVENUE, Burnaby BC V3N 1S4, Burnaby, BC is 6.5%, it is Average, % of English speakers only is 89.5% and Average. % of French speakers adjacent to 8483 16TH AVENUE, Burnaby BC V3N 1S4 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 8483 16TH AVENUE, Burnaby BC V3N 1S4, Burnaby, BC is 4% and it is High comparing to other BC cities.

21% of all population in the area around this property with the address 8483 16TH AVENUE, Burnaby BC V3N 1S4, Burnaby, BC using Public Transport which is Above Average, 73.3% of using population are using Cars around MLS® R2883453, which is Below Average. 0.9% of people using Bicycles around the 8483 16TH AVENUE, Burnaby BC V3N 1S4 and it is Average. 3.5% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,199,800
Burnaby $2,400,000
East Burnaby 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
Call or Text Now!
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