$2,699,000

5987 MALVERN AVENUE

Burnaby BC V5E 3E7 - Upper Deer Lake
4 bd
2 ba
1,446 sqft
Built 1957

About This Property

YOUR NEXT BEST INVESTMENT! This rarely available parcel is located in Buckingham Heights — the most sought-after neighbourhood in Burnaby. This rancher with basement home sits on an expansive 11,090 sq.ft. lot with 75 feet of frontage, zoned Small-Scale Multi-Unit Housing for exceptional development potential — subdivide into TWO single-famly homes, build…

Features

Private Yard
Additional Parking
Garage Single
Front Access
Shopping Nearby
Room measurements12 rooms
Living RoomMain · 13'4 × 18'8
Dining RoomMain · 6'0 × 19'0
KitchenMain · 8'1 × 22'5
LaundryMain · 8'1 × 2'11
BedroomMain · 9'4 × 12'11
Primary BedroomMain · 12'11 × 11'4
BedroomMain · 12'11 × 9'3
FoyerMain · 13'3 × 6'8
BedroomBelow · 8'8 × 16'4
StorageBelow · 5'11 × 3'11
OtherBelow · 21'5 × 32'5
OtherBelow · 27'5 × 16'5

Property Details

MLS NumberR3148541
Property TypeSingle Family Residence
Bedrooms4
Bathrooms2
Square Feet1,446
Lot Size11,090 sqft
Year Built1957
Parking Spaces1
HeatingElectric
Days on Market48
StatusActive
Listed ByReal Broker B.C. Ltd.

School Catchment

Elementary Morley
Secondary Burnaby Central

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,900,000Median home value
$118,000Median household income
79%Owner-occupied
49.2%Single-detached homes
3Avg household size
40.4Median age
50.5%Bachelor's degree or higher (25-64)
58.8%Commute under 30 min
83%Drive to work
49%Foreign-born residents
4,455Neighbourhood population

Age

Under 15: 15.8%15 to 64: 66.1%65 and over: 18.1%
  • Under 1515.8%
  • 15 to 6466.1%
  • 65 and over18.1%

Household size

  • 1 person16%
  • 230.7%
  • 318.7%
  • 419.7%
  • 5 or more15%

Language spoken at home

40.3% English mother tongue

  • Mandarin18.5%
  • Cantonese10.8%
  • English + other5.5%
  • Punjabi3.8%
  • Tagalog2.7%
  • Korean1.9%
  • All others16.5%

Mother tongue, share of 4,455 residents.

How this pocket differs

  • more children under 15 than Burnaby South 15.8% vs 12.4%
  • notably more 5+ person households than Burnaby South 15.1% vs 7.7%
  • notably fewer people living alone than Burnaby South 16.1% vs 30.4%
  • notably more 4-person households than Burnaby South 19.7% vs 12.3%
  • notably more Punjabi speakers than Burnaby South 3.8% vs 2.3%
  • Median household income is higher than Metro Vancouver $118,000 vs $90,000
  • Median dwelling value is notably higher than Metro Vancouver $1,900,000 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 Upper Deer Lake?

See what your home could be worth and how the local market is moving.

Monthly Cost Calculator

Estimated monthly cost $13,347
Mortgage payment$12,448
Property tax$630
Home insurance$270
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Sep 3

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