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$2,680,000

7441 MCKAY AVENUE

Burnaby BC V5J 3S9 - Metrotown

3 bd

2 ba

1,858 sqft

Built 1948

About This Property

Prime redevelopment property with multiplex potential in a highly desirable area. Significant upside for future townhouse development through potential assembly with neighboring government-owned parcel (subject to municipal approval). Great opportunity for developers, builders, and long-term investors.

Features

No Outdoor Area

Garage Double

Room measurements12 rooms▸

Living RoomMain · 13'8 × 17'

Dining RoomMain · 10'11 × 12'6

Mud RoomMain · 9'2 × 12'

Primary BedroomMain · 10'6 × 14'9

BedroomMain · 9'7 × 14'8

BedroomMain · 7'6 × 14'7

LaundryMain · 5' × 8'

FoyerMain · 5'6 × 13'

Walk-In ClosetMain · 3'6 × 8'

Recreation RoomBsmt · 10'11 × 22'5

Bar RoomBsmt · 5'9 × 10'11

Flex RoomBsmt · 6'7 × 7'9

Property Details

MLS NumberR3125249

Property TypeSingle Family Residence

Bedrooms3

Bathrooms2

Square Feet1,858

Lot Size10,062 sqft

Year Built1948

Parking Spaces2

HeatingForced Air, Natural Gas

Days on Market101

StatusActive

Listed BySelmak Realty Limited

School Catchment

Elementary Suncrest

Secondary Burnaby South

Neighbourhood

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

$1,760,000Median home value

$82,000Median household income

55.8%Owner-occupied

31%Single-detached homes

2.8Avg household size

44.8Median age

46.6%Bachelor's degree or higher (25-64)

54.4%Commute under 30 min

62.9%Drive to work

57.6%Foreign-born residents

5,691Neighbourhood population

Age

Under 1510.5%
15 to 6465.5%
65 and over24.1%

Household size

1 person23.3%
227.5%
318.8%
415.1%
5 or more15.3%

Language spoken at home

30% English mother tongue

Mandarin25.9%
Cantonese10.2%
English + other4.5%
Punjabi4.3%
Tagalog3.4%
Korean2.6%
All others19.1%

Mother tongue, share of 5,370 residents.

How this pocket differs

more seniors 65+ than Metrotown 24.1% vs 16.9%
notably more 5+ person households than Metrotown 15.3% vs 4.6%
notably more 4-person households than Metrotown 15.1% vs 9.2%
notably fewer people living alone than Metrotown 23.3% vs 34.9%
notably more Punjabi speakers than Metrotown 4.3% vs 1.6%
Median dwelling value is notably higher than Metro Vancouver $1,760,000 vs $1,050,000