$1,888,000

6891 BURLINGTON AVENUE

Burnaby BC V5J 4H3 - Metrotown
1 bd
1 ba
1,188 sqft
Built 1945

About This Property

Excellent investment and holding opportunity! Situated in the Royal Oak area with significant future redevelopment potential, this property offers the possibility of future high-density development up to 20 stories (buyers to verify with the City regarding zoning and development potential). The property is being sold as is, where is, with land value being…

Features

Balcony
Shopping Nearby
Room measurements4 rooms
Living RoomMain · 1' × 1'
BedroomMain · 1' × 1'
DenMain · 1' × 1'
KitchenMain · 1' × 1'

Property Details

MLS NumberR3140429
Property TypeSingle Family Residence
Bedrooms1
Bathrooms1
Square Feet1,188
Lot Size5,489 sqft
Year Built1945
Parking Spaces1
HeatingForced Air
Days on Market64
StatusActive
Listed ByMacdonald Realty

School Catchment

Elementary Maywood
Secondary Burnaby South

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$750,000Median home value
$60,400Median household income
41.6%Owner-occupied
0.6%Single-detached homes
2.1Avg household size
34.4Median age
49.8%Bachelor's degree or higher (25-64)
42.4%Commute under 30 min
48.5%Drive to work
57.9%Foreign-born residents
3,739Neighbourhood population

Age

Under 15: 11.5%15 to 64: 78.1%65 and over: 10.4%
  • Under 1511.5%
  • 15 to 6478.1%
  • 65 and over10.4%

Household size

  • 1 person35.5%
  • 236.3%
  • 316.5%
  • 48.7%
  • 5 or more3.1%

Language spoken at home

23.5% English mother tongue

  • Mandarin21.9%
  • Cantonese7.5%
  • English + other7.1%
  • Korean4%
  • Tagalog3.9%
  • Spanish3.5%
  • All others28.6%

Mother tongue, share of 3,740 residents.

How this pocket differs

  • notably fewer seniors 65+ than Metrotown 10.4% vs 16.9%
  • fewer 5+ person households than Metrotown 3.1% vs 4.6%
  • notably fewer Cantonese speakers than Metrotown 7.5% vs 11.3%
  • more Spanish speakers than Metrotown 3.5% vs 2.4%
  • Median household income is lower than Metro Vancouver $60,400 vs $90,000
  • Median dwelling value is lower than Metro Vancouver $750,000 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 Metrotown?

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Monthly Cost Calculator

Estimated monthly cost $9,175
Mortgage payment$8,596
Property tax$389
Home insurance$190
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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 24

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