5788 FOREST ST, Burnaby BC V5G 1X4, Burnaby, BC

$1,900,000
Est. Mortgage /mo

MLS® R2839908

Closed

$1,850,000
Closed at 30 Apr 2024
Listing price: $1,900,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
3 Beds
2 Baths
2 Stories
lot 7406 sqft
2324 sqft
1969 built
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Map
Street view
Schools
Crime
Commute
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Property details

Nestled within the tranquil Deer Lake Place neighborhood, this captivating home boasts 3 bedrooms, 2 baths, and a desirable east-facing orientation. Its prime location offers not just proximity to renowned schools, but also easy access to some of Canada's most captivating attractions, diverse shopping options, and an array of restaurants. Commuting is a breeze with convenient transit access via Hwy 1. What's particularly exciting is the forthcoming housing program by the City of Burnaby in 2024. This initiative will open doors for potential Laneway homes and multi- unit housing on single family lots, adding significant value to this property. With a spacious 7,406 sq ft lot and an impressive 65 ft wide frontage, this property is poised for remarkable development opportunities. OH Sun 2-4

General Info

Price $1,900,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2324
Lot Size 7406
Lot Size Depth Feet
Lot Size Frontage 65
Basement Full, Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1969
Age Of Building 55
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Dryer, Washer, Refrigerator, Cooktop
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2839908
Area Burnaby South
Neighbourhood Deer Lake Place
City Burnaby
Gross Taxes $5,493.57
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Natural Gas
Cooling Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Front Access
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning R2
Rental Suites -
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer, Storm Sewer

Property History

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Status Date Price
Sold 04-30-2024 $1,900,000
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Listed by: Sutton Group-West Coast Realty & Sutton Group-West Coast Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
Burnaby Central Secondary School
0.48 km
No Rating
Elementary
Douglas Road Elementary School
Average
0.28 km
Rating 6.4/10

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
Burnaby Montessori School
0.35 km
No Rating
Elementary, Secondary
Deer Lake School
0.7 km
No Rating

Closest Transit

Translink
Eastbound Canada Way @ Kincaid St
0.07 km

5788 FOREST STREET, Burnaby BC V5G 1X4 is serviced by Douglas Road Elementary School. The property with listing MLS® R2839908 is located 0.28 km from the school. Douglas Road Elementary School has a rating of Rating 6.4/10.

This home with address 5788 FOREST STREET, Burnaby BC V5G 1X4, Burnaby, BC is also serviced by Burnaby Central Secondary School and located 0.48 km from it. Burnaby Central Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 5788 FOREST STREET, Burnaby BC V5G 1X4 is Burnaby Montessori School with School's rating No Rating, located 0.35 km from this home.

The closest to this address 5788 FOREST STREET, Burnaby BC V5G 1X4 Secondary independent school is Deer Lake School with School's rating No Rating, located 0.7 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 15,851 volation disturbances in this neighbourhood. The overall crime rate near the address - 5788 FOREST STREET, Burnaby BC V5G 1X4, Burnaby, BC is 6,145.56. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is -11.13%

Drug crime rate next to the listing MLS® R2839908 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 126.78. There were 327 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 2.35%

Property crimes in the neighbourhood close to real estate listing for sale 5788 FOREST STREET, Burnaby BC V5G 1X4 are Average. Property misconduct rating adjacent to MLS® R2839908 is 3,691.76. There were 9,522 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -17.54%

There were 2,304 violent lawbreaking disorders in 2020. 893.28 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is -5.51%

The closest Bus station is Eastbound Canada Way @ Kincaid St in 0.07 km away from this listing with - MLS® R2839908.

39.1% of people with university certificate/degree live in this neighbourhood adjacent to the 5788 FOREST STREET, Burnaby BC V5G 1X4 which is High in comparison with other BC neighbourhoods. 10% of population in this neighbourhood that is near the Listing MLS® R2839908 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 5788 FOREST STREET, Burnaby BC V5G 1X4, Burnaby, BC is $97728 which is High in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2839908 is $37355 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 49.7% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2839908 is 4.7 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 5788 FOREST STREET, Burnaby BC V5G 1X4 Deer Lake Place where population change between 2011 and 2016 was -0.8%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 5788 FOREST STREET, Burnaby BC V5G 1X4, Burnaby, BC is 1278.6 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 5788 FOREST STREET, Burnaby BC V5G 1X4 is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2839908 is 63.8% and it is Above Average. % of Married or living common law is around 61.3% and it is Average.

Average age of the population close to the 5788 FOREST STREET, Burnaby BC V5G 1X4 is 42.9 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 5788 FOREST STREET, Burnaby BC V5G 1X4, Burnaby, BC is $1076140 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 5788 FOREST STREET, Burnaby BC V5G 1X4. $1520 owners spent in average for the dwelling. Tenants are paying $1357 in this district close to MLS® R2839908 and it is High comparing to other cities.

15.1% of Population in this district near the 5788 FOREST STREET, Burnaby BC V5G 1X4 are Renters and it is Below Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 5788 FOREST STREET, Burnaby BC V5G 1X4, Burnaby, BC is 8.1%, it is Average, % of English speakers only is 87.7% and Below Average. % of Neither English nor French speakers close to home for sale 5788 FOREST STREET, Burnaby BC V5G 1X4, Burnaby, BC is 4.3% and it is High comparing to other BC cities.

19.7% of all population in the area around this property with the address 5788 FOREST STREET, Burnaby BC V5G 1X4, Burnaby, BC using Public Transport which is Above Average, 73.3% of using population are using Cars around MLS® R2839908, which is Below Average. 2.1% of people using Bicycles around the 5788 FOREST STREET, Burnaby BC V5G 1X4 and it is Above Average. 3.7% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,900,000
Burnaby $2,140,000
Deer Lake Place No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Call or Text Now!
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