$4,850,000

4771 RIDGELAWN DRIVE

Burnaby BC V5C 3Y1 - Brentwood Park
2,644 sqft

About This Property

Must See! Approx. 7,260 sqft Mid-Rise development lot in Burnaby Brentwood area. Located at Ridgelawn Dr, between Beta Ave and Delta Ave. On the opposite of Brentwood Town Centre, easy access to Vancouver East & West and North Vancouver through Hwy No.1 & 7. Under R1 residential zone and 2050 Burnaby OCP, potential for up to 12 stories development.…

Property Details

MLS NumberR3082038
Square Feet2,644
Lot Size7,260 sqft
Days on Market224
StatusActive
Listed ByRE/MAX City Realty

School Catchment

Elementary Brentwood Park
Secondary Alpha

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,600,000Median home value
$99,000Median household income
72.8%Owner-occupied
49%Single-detached homes
2.8Avg household size
44.4Median age
41.7%Bachelor's degree or higher (25-64)
54.2%Commute under 30 min
74.9%Drive to work
41.9%Foreign-born residents
5,791Neighbourhood population

Age

Under 15: 12.4%15 to 64: 66.8%65 and over: 20.8%
  • Under 1512.4%
  • 15 to 6466.8%
  • 65 and over20.8%

Household size

  • 1 person20.5%
  • 230.6%
  • 319%
  • 418.1%
  • 5 or more11.8%

Language spoken at home

46.2% English mother tongue

  • Cantonese18.6%
  • Mandarin7.3%
  • Italian5.5%
  • English + other3.7%
  • Spanish2%
  • Vietnamese1.8%
  • All others14.9%

Mother tongue, share of 5,785 residents.

How this pocket differs

  • more seniors 65+ than Brentwood Park 20.8% vs 14.4%
  • notably more 5+ person households than Brentwood Park 11.8% vs 4.3%
  • notably more 4-person households than Brentwood Park 18.1% vs 9.1%
  • notably fewer people living alone than Brentwood Park 20.5% vs 33.8%
  • notably more Italian speakers than Brentwood Park 5.5% vs 2.5%
  • more Cantonese speakers than Brentwood Park 18.6% vs 14.2%
  • Median dwelling value is notably higher than Metro Vancouver $1,600,000 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 size7,284 sqft
Lot dimensions60 × 121 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~21,781 sqft
Nearest stationBrentwood Town Centre Station444 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 $23,212
Mortgage payment$22,127
Property tax$600
Home insurance$485
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 Aug 27

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