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$2,700,000

5017 PIONEER AVENUE

Burnaby BC V5G 3J5 - Forest Glen BS

5 bd

2 ba

2,402 sqft

Built 1958

About This Property

Land Assembly! Area ready for redevelopment! 4965 and 5017 Pioneer Avenue can be sold in conjunction with 4949 Pioneer Avenue. 3 lots totalling 23,424 sqft can be sold as a package. This property has double exposure. The draft Burnaby OCP 2050 designates these properties for lowrise 6 story apartment. Prime South Burnaby location close to Metrotown, BCIT, Highway 1,City Hall and Brentwood. The subject site with three very livable houses strategically located half a block from Willingdon Avenue, an artery running throughout Burnaby providing direct access to Highway 1.Great opportunity with a terrific upside.

Features

Balcony

Private Yard

Open

Front Access

Room measurements8 rooms▸

Living RoomMain · 0' × 0'

Dining RoomMain · 0' × 0'

KitchenMain · 0' × 0'

Primary BedroomMain · 0' × 0'

BedroomMain · 0' × 0'

BedroomBsmt · 0' × 0'

Property Details

MLS NumberR3023992

Property TypeSingle Family Residence

Bedrooms5

Bathrooms2

Square Feet2,402

Lot Size7,808 sqft

Year Built1958

Parking Spaces3

HeatingNatural Gas

Days on Market402

StatusActive

Listed BySutton Group-West Coast Realty

School Catchment

Elementary Chaffey-Burke

Secondary Moscrop

Neighbourhood

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

$1,800,000Median home value

$86,000Median household income

62.2%Owner-occupied

22.4%Single-detached homes

2.7Avg household size

43.6Median age

44.8%Bachelor's degree or higher (25-64)

51.3%Commute under 30 min

67.9%Drive to work

56.5%Foreign-born residents

3,810Neighbourhood population

Age

Under 1510.8%
15 to 6468.8%
65 and over20.5%

Household size

1 person21.2%
232.4%
317.3%
417.6%
5 or more11.5%

Language spoken at home

33.4% English mother tongue

Mandarin21.4%
Cantonese10.8%
English + other4.9%
Tagalog3.2%
Punjabi3%
Spanish2.4%
All others20.9%

Mother tongue, share of 3,785 residents.

How this pocket differs

notably more 5+ person households than Burnaby South 11.6% vs 7.7%
more 4-person households than Burnaby South 17.7% vs 12.3%
fewer people living alone than Burnaby South 21.3% vs 30.4%
more Punjabi speakers than Burnaby South 3% vs 2.3%
more Mandarin speakers than Burnaby South 21.4% vs 17.4%
Median dwelling value is notably higher than Metro Vancouver $1,800,000 vs $1,050,000