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$1,590,000

6768 ELWELL STREET

Burnaby BC V5E 1K1 - Highgate

3 bd

2 ba

1,446 sqft

Built 1955

About This Property

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…

Features

Carport Multiple

Lane Access

Room measurements7 rooms▸

Living RoomMain · 13' × 17'

Dining RoomMain · 9' × 12'

KitchenMain · 9'6 × 11'6

BedroomMain · 11' × 12'11

BedroomMain · 11'8 × 12'

BedroomBsmt · 9' × 9'

Recreation RoomBsmt · 13'6 × 24'

Property Details

MLS NumberR3085160

Property TypeSingle Family Residence

Bedrooms3

Bathrooms2

Square Feet1,446

Lot Size6,000 sqft

Year Built1955

Parking Spaces2

HeatingForced Air, Natural Gas

StatusClosed

Listed ByMacdonald Realty (Surrey/152)

School Catchment

Elementary Windsor

Secondary Burnaby South

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.

$1,760,000Median home value

$102,000Median household income

72.7%Owner-occupied

43%Single-detached homes

3.1Avg household size

41.2Median age

40.6%Bachelor's degree or higher (25-64)

49.4%Commute under 30 min

76.6%Drive to work

54.1%Foreign-born residents

5,855Neighbourhood population

Age

Under 1513.9%
15 to 6468.4%
65 and over17.7%

Household size

1 person15.6%
227.1%
320.7%
419.6%
5 or more17%

Language spoken at home

34.3% English mother tongue

Mandarin21.3%
Cantonese11.3%
English + other4.8%
Punjabi3.6%
Tagalog2.7%
Spanish1.9%
All others20.1%

Mother tongue, share of 5,845 residents.

How this pocket differs

notably more 5+ person households than Burnaby South 16.9% vs 7.7%
notably fewer people living alone than Burnaby South 15.6% vs 30.4%
notably more 4-person households than Burnaby South 19.6% vs 12.3%
notably more Punjabi speakers than Burnaby South 3.6% vs 2.3%
more Mandarin speakers than Burnaby South 21.3% vs 17.4%
Median dwelling value is notably higher than Metro Vancouver $1,760,000 vs $1,050,000