8555 GILLEY AVE, Burnaby BC V5J 4Z1, Burnaby, BC

$1,499,900
Est. Mortgage /mo

MLS® R2822667

Closed

$1,360,000
Closed at 15 Nov 2023
Listing price: $1,499,900
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
2 Beds
1 Baths
2 Stories
lot 7380 sqft
1500 sqft
1967 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

BUILDER/DEVELOPER ALERT! A great price for a large and bright sun-drenched lot in the much sought-after South Slope of Burnaby. Build your dream home here and be conveniently located close to Metrotown, restaurants, golf courses , and recreation. Please see the City of Burnaby for zoning limitations and possibilities for principal and accessory buildings. Main house seems solid but decks and garage are unsafe so no entry without appointment. Being sold as is and priced below City assessed value.

General Info

Price $1,499,900
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1500
Lot Size 7380
Lot Size Depth Feet
Lot Size Frontage 60
Basement Unfinished
Basement Features BasementFeatures

Property Metrics

Year Built 1967
Age Of Building 56
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2822667
Area Burnaby South
Neighbourhood South Slope
City Burnaby
Gross Taxes $4,736.13
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Forced Air

Utilities

Utility Type Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning R2
Rental Suites None
# of Kitchens 1
Flooring Hardwood
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 08-28-2024 $1,899,900
Sold 11-15-2023 $1,499,900
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Listed by: Sutton Group - 1st West Realty & Sutton Group - 1st West 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

Elementary
Glenwood Elementary School
Above Average
0.3 km
Rating 7.8/10
Secondary
Burnaby South Secondary School
1.23 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
1.57 km
Rating 9/10
Secondary
St.Thomas More Collegiate
2.81 km
No Rating

Closest Transit

Translink
Southbound Gilley Ave @ Keith St
0.06 km

8555 GILLEY AVENUE, Burnaby BC V5J 4Z1 is serviced by Glenwood Elementary School. The property with listing MLS® R2822667 is located 0.3 km from the school. Glenwood Elementary School has a rating of Rating 7.8/10.

This home with address 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1, Burnaby, BC is also serviced by Burnaby South Secondary School and located 1.23 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 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1 is St. Francis de Sales with School's rating Rating 9/10, located 1.57 km from this home.

The closest to this address 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1 Secondary independent school is St.Thomas More Collegiate with School's rating No Rating, located 2.81 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 - 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1, 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® R2822667 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 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1 are Average. Property misconduct rating adjacent to MLS® R2822667 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 Southbound Gilley Ave @ Keith St in 0.06 km away from this listing with - MLS® R2822667.

33.4% of people with university certificate/degree live in this neighbourhood adjacent to the 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1 which is High in comparison with other BC neighbourhoods. 11.9% of population in this neighbourhood that is near the Listing MLS® R2822667 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1, Burnaby, BC is $70400 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2822667 is $27468 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 62.1% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2822667 is 6 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1 South Slope where population change between 2011 and 2016 was 3.4%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1, Burnaby, BC is 4867.9 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1 is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2822667 is 67.9% and it is Above Average. % of Married or living common law is around 57.6% and it is Average.

Average age of the population close to the 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1 is 39 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1, Burnaby, BC is $953101 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1. $1544 owners spent in average for the dwelling. Tenants are paying $1236 in this district close to MLS® R2822667 and it is Above Average comparing to other cities.

28% of Population in this district near the 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1, Burnaby, BC is 4.6%, it is Below Average, % of English speakers only is 86.6% and Below Average. % of Neither English nor French speakers close to home for sale 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1, Burnaby, BC is 8.7% and it is High comparing to other BC cities.

31% of all population in the area around this property with the address 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1, Burnaby, BC using Public Transport which is High, 65% of using population are using Cars around MLS® R2822667, which is Low. 1.1% of people using Bicycles around the 8555 GILLEY AVENUE, Burnaby BC V5J 4Z1 and it is Average. 2.6% of population are walking which is Below 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 $1,499,900
Burnaby $1,650,000
South Slope 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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