7225 GILLEY AVE, Burnaby BC V5J 4W9, Burnaby, BC

$2,099,800
Est. Mortgage /mo

MLS® R2925682

Closed

$1,900,000
Closed at 28 Nov 2024
Listing price: $2,099,800
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
5 Beds
3 Baths
2 Stories
lot 8976 sqft
3104 sqft
1947 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

'SKYTRAIN CORRIDOR' . . . Large 2-Storey + Walk-out Basement House on Large Lot with rear-lane access. Future re-development potential. DAYCARE use may be an option, check with City. Residential 2-story + walkout basement house with private entrance for SUITE potential. BONUS … Back lane access features 35' x 26' insulated, heated, plumbed, wired, workshop/garage with 2-piece bathroom. Opportunity to use current improvements as multi-family residential property and/or commercial, and/or Daycare.

General Info

Price $2,099,800
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 3104
Lot Size 8976
Lot Size Depth Feet
Lot Size Frontage 66
Basement Full, Partially Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1947
Age Of Building 77
Building Type Single Family Residence
Property Type Residential
Architecture Style Basement Entry
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2925682
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Gross Taxes $4,907.76
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Forced Air

Utilities

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

Parking

Parking Type Additional Parking, Detached, Front Access, Lane Access
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning M4
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter
Interior Features Storage
Locker -
View -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 11-28-2024 $2,099,800
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Listed by: RE/MAX Colonial Pacific Realty & RE/MAX Colonial Pacific 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 South Secondary School
0.98 km
No Rating
Elementary
Windsor Elementary School
0.41 km
No Rating

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
St. Francis de Sales
0.45 km
Rating 9/10
Secondary
St.Thomas More Collegiate
2.46 km
No Rating

Closest Transit

Translink
Eastbound Kingsway @ Gilley Ave
0.17 km

7225 GILLEY AVENUE, Burnaby BC V5J 4W9 is serviced by Windsor Elementary School. The property with listing MLS® R2925682 is located 0.41 km from the school. Windsor Elementary School has a rating of No Rating.

This home with address 7225 GILLEY AVENUE, Burnaby BC V5J 4W9, Burnaby, BC is also serviced by Burnaby South Secondary School and located 0.98 km from it. Burnaby South Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 7225 GILLEY AVENUE, Burnaby BC V5J 4W9 is St. Francis de Sales with School's rating Rating 9/10, located 0.45 km from this home.

The closest to this address 7225 GILLEY AVENUE, Burnaby BC V5J 4W9 Secondary independent school is St.Thomas More Collegiate with School's rating No Rating, located 2.46 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 - 7225 GILLEY AVENUE, Burnaby BC V5J 4W9, 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® R2925682 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 7225 GILLEY AVENUE, Burnaby BC V5J 4W9 are Average. Property misconduct rating adjacent to MLS® R2925682 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 Kingsway @ Gilley Ave in 0.17 km away from this listing with - MLS® R2925682.

33.6% of people with university certificate/degree live in this neighbourhood adjacent to the 7225 GILLEY AVENUE, Burnaby BC V5J 4W9 which is High in comparison with other BC neighbourhoods. 12.7% of population in this neighbourhood that is near the Listing MLS® R2925682 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 7225 GILLEY AVENUE, Burnaby BC V5J 4W9, Burnaby, BC is $55723 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2925682 is $27840 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 72% which is High.

Unemployment rate in the area around Real Estate Listing # R2925682 is 6.1 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 7225 GILLEY AVENUE, Burnaby BC V5J 4W9 Metrotown where population change between 2011 and 2016 was 24%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 7225 GILLEY AVENUE, Burnaby BC V5J 4W9, Burnaby, BC is 4590.5 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 7225 GILLEY AVENUE, Burnaby BC V5J 4W9 is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2925682 is 60.1% and it is Average. % of Married or living common law is around 54.6% and it is Below Average.

Average age of the population close to the 7225 GILLEY AVENUE, Burnaby BC V5J 4W9 is 40.1 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7225 GILLEY AVENUE, Burnaby BC V5J 4W9, Burnaby, BC is $536746 and this is Above Average comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 7225 GILLEY AVENUE, Burnaby BC V5J 4W9. $1451 owners spent in average for the dwelling. Tenants are paying $1135 in this district close to MLS® R2925682 and it is Above Average comparing to other cities.

36.6% of Population in this district near the 7225 GILLEY AVENUE, Burnaby BC V5J 4W9 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7225 GILLEY AVENUE, Burnaby BC V5J 4W9, Burnaby, BC is 4.3%, it is Below Average, % of English speakers only is 86.7% and Below Average. % of Neither English nor French speakers close to home for sale 7225 GILLEY AVENUE, Burnaby BC V5J 4W9, Burnaby, BC is 8.8% and it is High comparing to other BC cities.

34.6% of all population in the area around this property with the address 7225 GILLEY AVENUE, Burnaby BC V5J 4W9, Burnaby, BC using Public Transport which is High, 59.2% of using population are using Cars around MLS® R2925682, which is Low. 0.5% of people using Bicycles around the 7225 GILLEY AVENUE, Burnaby BC V5J 4W9 and it is Low. 5.1% 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 $2,099,800
Burnaby $2,243,167
Metrotown 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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