$1,599,800

7438 NELSON AVENUE

Burnaby BC V5J 4C7 - Metrotown
5 bd
3 ba
2,003 sqft
Built 1991

About This Property

Located in the desirable Metrotown area of Burnaby.This well-kept home is conveniently within walking distance to SkyTrain, Metrotown Shopping Center, Bonser Recreation Center, Nelson Elementary School and more! MOVE IN condition! This 5 bed home comes w/a separate 2-bedroom unit on main. Ideal for multi-generation or mortgage helper! This property is…

Features

Balcony
Additional Parking
Garage Single
Side Access
Room measurements11 rooms▸
Living RoomMain · 13' × 17'
KitchenMain · 10' × 12'
Dining RoomMain · 11' × 11'
Primary BedroomMain · 10' × 13'
BedroomMain · 9'3 × 10'
BedroomMain · 8'5 × 13'
FoyerBelow · 8'8 × 7'2
Living RoomBelow · 11' × 16'
KitchenBelow · 6'7 × 8'8
Primary BedroomBelow · 10' × 12'
BedroomBelow · 9' × 11'

Property Details

MLS NumberR3181751
Property TypeSingle Family Residence
Bedrooms5
Bathrooms3
Square Feet2,003
Lot Size4,200 sqft
Year Built1991
Parking Spaces2
HeatingBaseboard
Days on Market6
StatusActive
Listed ByMultiple Realty Ltd.

School Catchment

Elementary Nelson
Secondary Burnaby South

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,760,000Median home value
$82,000Median household income
55.8%Owner-occupied
31%Single-detached homes
2.8Avg household size
44.8Median age
46.6%Bachelor's degree or higher (25-64)
54.4%Commute under 30 min
62.9%Drive to work
57.6%Foreign-born residents
5,691Neighbourhood population

Age

Under 15: 10.5%15 to 64: 65.5%65 and over: 24.1%
  • Under 1510.5%
  • 15 to 6465.5%
  • 65 and over24.1%

Household size

  • 1 person23.3%
  • 227.5%
  • 318.8%
  • 415.1%
  • 5 or more15.3%

Language spoken at home

30% English mother tongue

  • Mandarin25.9%
  • Cantonese10.2%
  • English + other4.5%
  • Punjabi4.3%
  • Tagalog3.4%
  • Korean2.6%
  • All others19.1%

Mother tongue, share of 5,370 residents.

How this pocket differs

  • more seniors 65+ than Metrotown 24.1% vs 16.9%
  • notably more 5+ person households than Metrotown 15.3% vs 4.6%
  • notably more 4-person households than Metrotown 15.1% vs 9.2%
  • notably fewer people living alone than Metrotown 23.3% vs 34.9%
  • notably more Punjabi speakers than Metrotown 4.3% vs 1.6%
  • Median dwelling value is notably higher than Metro Vancouver $1,760,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

Lot size4,182 sqft
Lot dimensions62 × 68 ft
Lot shapeRectangular
Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 3within 800 m of a station
Max density3 FAR
Max height8 storeys
Est. buildable~12,505 sqft
Nearest stationRoyal Oak Station735 m away

Within a provincially designated Transit-Oriented Area, this lot may support up to 3 FAR / 8 storeys regardless of base zoning. Provincial minimums and approximate — municipal rezoning, servicing and parking standards still apply.

Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $8,015
Mortgage payment$7,335
Property tax$520
Home insurance$160
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Nov 9

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