For Sale · Burnaby · Single Family

$2,600,000

5512 BUCKINGHAM AVENUE, Burnaby

Beds

Baths

4,507

Sq Ft

1966

Built

About This Home

The details.

Rare opportunity to purchase a subdividable lot in prestigious Buckingham Heights! Offered for the first time on market, this exceptional 15,458 sq. ft. property boasts 100 ft of frontage and presents outstanding redevelopment potential in one of Burnaby's most sought-after neighbourhoods. Designated for Small-Scale Multi-Unit Housing (SSMUH), the property offers potential for up to 6 units with 50% lot coverage allowed. Or subdivide into 2 7,729 sqft lots with 6 units allowed per lot (buyer to verify all development potential with the City of Burnaby). This home is ideally situated on a quiet, tree-lined street close to parks, schools, transit, and amenities. A prime opportunity in one of Burnaby's most sought-after neighbourhoods. (id:66635)

Summarizing the highlights...

MLS® R3140693Listing courtesy of RE/MAX Sabre Realty GroupView on map

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1966
Size: 4,507 sqft
Lot size: 15,458 square feet
Parking: 6 spaces
MLS number: R3140693
Data source: Greater Vancouver REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$12,159

$2,080,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$12,159

Cash flow

-$12,159

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Burnaby right now

702

Active listings

741

New this week

$879,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Burnaby.

Household and demographic stats for Burnaby, from the Statistics Canada 2021 Census.

249,125
Population (2021): 40.4
Median age: 101,135
Households: 2.4
Avg household size: 60.5%
Home ownership: $83,000
Median household income

Burnaby neighbourhood guide Full census profile Burnaby market trends

Source: Statistics Canada 2021 Census, Burnaby, City (CY).

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.