$2,698,000

For sale

7270 16TH Avenue, Burnaby - Multi-family for Sale

7270 16TH Avenue, Burnaby, British Columbia, V3N1N5

10 beds6 baths12 parking4,738 ft²7,488 sq ft (0.17 ac) lot sizeListed 44 days ago

Overview

This multi-family property in Burnaby is for sale offering roughly 4,738 sq ft of space. It has been on the market 44 days, fresher than the Burnaby average of 101 days.

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Description

Exceptional opportunity to own a full side-by-side half duplex 7270 and 7272 16th Ave. in the heart of Burnaby! Perfect for multi-generational living or a savvy investment, this unique offering features spacious main homes on both sides with 3 bedrooms and 2 bathrooms upstairs, plus 2-bedroom, 1-bath mortgage helpers on each side below. Enjoy beautiful east-facing backyards, ideal for morning sun and outdoor entertaining. Ample parking with space for 10+ vehicles for large families, EV charger both side. Conveniently located within walking distance to SkyTrain, elementary and secondary schools, parks, shopping, and everyday amenities. A rare chance to own an income-generating property. New zoning permits up to six units (buyer to verify with the City of Burnaby) under SSMUH plan. (id:66096)

Property Details

MLS®: R3167538
Property Type: Multi-family
Bedrooms: 10
Bathrooms: 6
Half Baths: 2
Parking: 12
Interior Size: 4,738 ft²
Lot Size: 7,488 sq ft (0.17 ac)
Basement: Unfinished, Separate entrance, Unknown
Ownership: Freehold
Property Tax: $7,167.4/yr
Listed: 44 days ago

Features

Appliances: All
Lot Features: Central location

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Burnaby listings, avg age

101d

Price / ft²

$569

List price

$2.70M

Haho

This 10-bed multi-family in Burnaby has been listed for 44 days, which is 57 days fresher than the city average of 101. Act while there is still low competition.

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Listed by Woodhouse Realty · Shekhar Neupane

Location

Approximate location — exact address confirmed upon showing

Nearby Places

$2,698,000· $569/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $539,600

Min 20%50%

Mortgage payment$11,506/mo

Property tax (est.)$597/mo

Total monthly$12,104

Cash Needed to Close

Down payment (20%)$539,600

Land transfer tax$58,940

Est. closing costs$10,594

Total cash needed$609,134

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