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$1,699,900

6891 BURLINGTON AVENUE

Burnaby BC V5J 4H3 - Metrotown

1 bd

1 ba

1,188 sqft

Built 1945

About This Property

Excellent investment and holding opportunity! Situated in the Royal Oak area with significant future redevelopment potential, this property offers the possibility of future high-density development up to 20 stories (buyers to verify with the City regarding zoning and development potential). The property is being sold as is, where is, with land value being…

Features

Balcony

Shopping Nearby

Room measurements4 rooms▸

Living RoomMain · 1' × 1'

BedroomMain · 1' × 1'

DenMain · 1' × 1'

KitchenMain · 1' × 1'

Property Details

MLS NumberR3140429

Property TypeSingle Family Residence

Bedrooms1

Bathrooms1

Square Feet1,188

Lot Size5,489 sqft

Year Built1945

Parking Spaces1

HeatingForced Air

Days on Market135

StatusActive

Listed ByMacdonald Realty

School Catchment

Elementary Maywood

Secondary Burnaby South

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.

$750,000Median home value

$60,400Median household income

41.6%Owner-occupied

0.6%Single-detached homes

2.1Avg household size

34.4Median age

49.8%Bachelor's degree or higher (25-64)

42.4%Commute under 30 min

48.5%Drive to work

57.9%Foreign-born residents

3,739Neighbourhood population

Age

Under 1511.5%
15 to 6478.1%
65 and over10.4%

Household size

1 person35.5%
236.3%
316.5%
48.7%
5 or more3.1%

Language spoken at home

23.5% English mother tongue

Mandarin21.9%
Cantonese7.5%
English + other7.1%
Korean4%
Tagalog3.9%
Spanish3.5%
All others28.6%

Mother tongue, share of 3,740 residents.

How this pocket differs

notably fewer seniors 65+ than Metrotown 10.4% vs 16.9%
fewer 5+ person households than Metrotown 3.1% vs 4.6%
notably fewer Cantonese speakers than Metrotown 7.5% vs 11.3%
more Spanish speakers than Metrotown 3.5% vs 2.4%
Median household income is lower than Metro Vancouver $60,400 vs $90,000
Median dwelling value is lower than Metro Vancouver $750,000 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 size5,364 sqft

Lot dimensions44 × 110 ft

Lot shapeSlightly irregular

Transit-oriented potential (Bill 47 / TOA)

Transit areaTier 3within 800 m of a station

Max density3 FAR

Max height8 storeys

Est. buildable~16,039 sqft

Nearest stationRoyal Oak Station502 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.