$1,450,000

7520 CANADA WAY

Burnaby BC V3N 3K2 - East Burnaby
6 bd
4 ba
2,308 sqft
Built 1935

About This Property

Excellent potential on a large lot with generous 66 foot frontage - 120 feet deep for a total of 7,920 square feet. Back lane access offers a short, private stretch of road with just a few neighbours for you to meet between Graham Ave & 16th Ave. Inside you’ll find renovations underway but not completed. Finish the project and start bringing in rent. Or…

Features

Additional Parking
Open
Lane Access
Room measurements11 rooms
Living RoomMain · 10' × 10'
Dining RoomMain · 10' × 10'
KitchenMain · 10' × 10'
BedroomMain · 10' × 10'
BedroomMain · 10' × 10'
BedroomAbove · 10' × 10'
BedroomAbove · 10' × 10'
BedroomBsmt · 9' × 10'
BedroomBsmt · 10' × 10'
KitchenBsmt · 10' × 10'
Living RoomBsmt · 10' × 10'

Property Details

MLS NumberR3153136
Property TypeSingle Family Residence
Bedrooms6
Bathrooms4
Square Feet2,308
Lot Size7,620 sqft
Year Built1935
HeatingOther
Days on Market7
StatusActive
Listed ByRE/MAX All Points Realty

School Catchment

Elementary Second Street
Secondary Cariboo Hill

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,500,000Median home value
$98,000Median household income
61.2%Owner-occupied
30.4%Single-detached homes
3.1Avg household size
42.8Median age
36.5%Bachelor's degree or higher (25-64)
53.8%Commute under 30 min
76.4%Drive to work
55.1%Foreign-born residents
7,998Neighbourhood population

Age

Under 15: 13.7%15 to 64: 64.5%65 and over: 21.8%
  • Under 1513.7%
  • 15 to 6464.5%
  • 65 and over21.8%

Household size

  • 1 person17.6%
  • 225.9%
  • 319.9%
  • 418.4%
  • 5 or more18.2%

Language spoken at home

32.8% English mother tongue

  • Punjabi11.4%
  • Mandarin10.2%
  • Cantonese9.5%
  • English + other6.5%
  • Tagalog5.6%
  • Hindi2.9%
  • All others21.1%

Mother tongue, share of 7,435 residents.

How this pocket differs

  • more seniors 65+ than Burnaby East 21.8% vs 16.2%
  • more 5+ person households than Burnaby East 18.3% vs 13%
  • notably more Punjabi speakers than Burnaby East 11.4% vs 5.1%
  • Median dwelling value is higher than Metro Vancouver $1,500,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Thinking of selling in East Burnaby?

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Estimated monthly cost $7,246
Mortgage payment$6,589
Property tax$512
Home insurance$145
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An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 7

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