For Sale · Burnaby · Single Family

$4,500,000

2640 BAINBRIDGE AVENUE, Burnaby

Beds

Baths

3,325

Sq Ft

1975

Built

About This Home

The details.

Exceptional development opportunity in the heart of North Burnaby. This 1/2 acre property is designated under the Burnaby OCP as Low-Rise Apartment (2-8 Storeys) and is located within a Transit-Oriented Development Area, offering tremendous future redevelopment potential. Centrally positioned with convenient access to SkyTrain, major transit routes, Brentwood, Lougheed, SFU, shopping, parks, and everyday amenities. Surrounded by several major master-planned communities and ongoing redevelopment projects, this site is ideally situated in one of Burnaby´s most rapidly evolving neighbourhoods. Rare chance for builders, developers, and investors to secure a large assembly-style property with significant upside potential. Don´t miss this outstanding opportunity in a high-growth location. (id:66635)

Summarizing the highlights...

MLS® R3124100Listing courtesy of Hugh & McKinnon Realty Ltd.View on map

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1975
Size: 3,325 sqft
Lot size: 21,824 square feet
Parking: 4 spaces
MLS number: R3124100
Data source: Greater Vancouver REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$21,045

$3,600,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$21,045

Cash flow

-$21,045

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Burnaby right now

686

Active listings

722

New this week

$868,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Burnaby.

Household and demographic stats for Burnaby, from the Statistics Canada 2021 Census.

249,125
Population (2021): 40.4
Median age: 101,135
Households: 2.4
Avg household size: 60.5%
Home ownership: $83,000
Median household income

Burnaby neighbourhood guide Full census profile Burnaby market trends

Source: Statistics Canada 2021 Census, Burnaby, City (CY).

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.