8555 Gilley Ave, Burnaby, BC, MLS® R2822667

$1,499,900
Est. Mortgage /mo

Closed

$1,360,000
Closed at 15 Nov 2023
Listing price: $1,499,900
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
2 Beds
1 Baths
2 Stories
lot 7380 sqft
1500 sqft
1967 built
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Map
Street view
Schools
Crime
Commute
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8555 Gilley Ave, Burnaby, BC | MLS® R2822667 Property Details

BUILDER/DEVELOPER ALERT! A great price for a large and bright sun-drenched lot in the much sought-after South Slope of Burnaby. Build your dream home here and be conveniently located close to Metrotown, restaurants, golf courses , and recreation. Please see the City of Burnaby for zoning limitations and possibilities for principal and accessory buildings. Main house seems solid but decks and garage are unsafe so no entry without appointment. Being sold as is and priced below City assessed value.

General Info

Price $1,499,900
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1500
Lot Size 7380
Lot Size Depth Feet
Lot Size Frontage 60
Basement Unfinished
Basement Features BasementFeatures

Property Metrics

Year Built 1967
Age Of Building 56
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2822667
Area Burnaby South
Neighbourhood South Slope
City Burnaby
Gross Taxes $4,736.13
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Forced Air

Utilities

Utility Type Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning R2
Rental Suites None
# of Kitchens 1
Flooring Hardwood
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Sutton Group - 1st West Realty & Sutton Group - 1st West 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

Elementary
Glenwood Elementary School
Above Average
0.3 km
7.8/10
Secondary
Burnaby South Secondary School
1.23 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
1.57 km
Secondary
St.Thomas More Collegiate
2.81 km

Closest Transit

Bus Stop
Southbound Gilley Ave @ Keith St
0.06 km
Skytrain
Skytrain @ Edmonds Stn
1.27 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

8555 Gilley Avenue is serviced by Glenwood Elementary School. The property with listing MLS® R2822667 is located 0.3 km from the school. Glenwood Elementary School has a rating of Rating 7.8/10.

This home with address 8555 Gilley Avenue, Burnaby, BC is also serviced by Burnaby South Secondary School and located 1.23 km from it. Burnaby South Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 8555 Gilley Avenue is St. Francis de Sales with School's rating No Rating, located 1.57 km from this home.

The closest to this address 8555 Gilley Avenue Secondary independent school is St.Thomas More Collegiate with School's rating No Rating, located 2.81 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 - 8555 Gilley Avenue, 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® R2822667 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 8555 Gilley Avenue are Average. Property misconduct rating adjacent to MLS® R2822667 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 Southbound Gilley Ave @ Keith St in 0.06 km away from this listing with - MLS® R2822667.

33.4% of people with university certificate/degree live in this neighbourhood adjacent to the 8555 Gilley Avenue which is High in comparison with other BC neighbourhoods. 11.9% of population in this neighbourhood that is near the Listing MLS® R2822667 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 8555 Gilley Avenue, Burnaby, BC is $70400 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2822667 is $27468 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 62.1% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2822667 is 6 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 8555 Gilley Avenue South Slope where population change between 2011 and 2016 was 3.4%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 8555 Gilley Avenue, Burnaby, BC is 4867.9 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 8555 Gilley Avenue is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2822667 is 67.9% and it is Above Average. % of Married or living common law is around 57.6% and it is Average.

Average age of the population close to the 8555 Gilley Avenue is 39 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 8555 Gilley Avenue, Burnaby, BC is $953101 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 8555 Gilley Avenue. $1544 owners spent in average for the dwelling. Tenants are paying $1236 in this district close to MLS® R2822667 and it is Above Average comparing to other cities.

28% of Population in this district near the 8555 Gilley Avenue are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 8555 Gilley Avenue, Burnaby, BC is 4.6%, it is Below Average, % of English speakers only is 86.6% and Below Average. % of Neither English nor French speakers close to home for sale 8555 Gilley Avenue, Burnaby, BC is 8.7% and it is High comparing to other BC cities.

31% of all population in the area around this property with the address 8555 Gilley Avenue, Burnaby, BC using Public Transport which is High, 65% of using population are using Cars around MLS® R2822667, which is Low. 1.1% of people using Bicycles around the 8555 Gilley Avenue and it is Average. 2.6% of population are walking which is Below Average

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 $1,499,900
Burnaby $2,099,667
South Slope 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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