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For Sale · Burnaby · Single Family
$1,696,000
About This Home
Rare opportunity to secure an exceptional 49' x 122' lot in a highly sought-after location with stunning Metrotown skyline views. Situated on a quiet street, this prime R-1 zoned property allows for Small-Scale Multi-Unit Housing (SSMUH) and offers outstanding potential for redevelopment, investment, or a custom dream home. The existing home features over 2,500 sq. ft. of living space with 4 bedrooms, 2 bathrooms, and 2 fireplaces, providing ample room for families or rental income while planning your future vision. The home requires some updating and is being sold primarily for land value. Enjoy close proximity to parks, schools, transit, shopping, and all the amenities this desirable neighbourhood has to offer. A fantastic opportunity in an area surrounded by quality homes. (id:66635)
Summarizing the highlights...
Property Details
July Value
Calculating a July Value estimate...
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My Notes
Location
Run The Numbers
Monthly mortgage payment
$7,932
$1,356,800 financed over 25 years at 5%. For guidance only, not a quote or approval.
Monthly cost (mortgage + tax + maintenance)
$7,932
Cash flow
-$7,932
Estimates for education only. Talk to a JULY advisor for real numbers on this home.
Burnaby right now
Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.
The Neighbourhood
Household and demographic stats for Burnaby, from the Statistics Canada 2021 Census.
The immediate block around this home (right here): about 462 residents in 170 homes, 5,826 people/km² (dense urban).
Source: Statistics Canada 2021 Census, Burnaby, City (CY); block-level figures from dissemination area 59150292.
Schools
K-12 schools closest to this home, with straight-line distances.
Alpha Secondary
public · secondary
Brentwood Park Elementary
public · elementary
Holy Cross Elementary School
independent · elementary
Confederation Park Elementary
public · elementary
Rosser Elementary
public · elementary
Parkcrest Elementary
public · elementary
Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.
Similar Homes
Rental Market
Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.
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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.
Price on request / month
1607 5470 ORMIDALE STREET, Vancouver
2 bed · 2 bath · 742 sqft