Home > All listings > 3717 Price Street

$3,088,000

^$792,000

3717 Price Street

Central Park BS, Burnaby, BC, V5G 2K9

2 | 2 | 1,814 sq.ft. | Year Built: 1930 |

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INVEST WITH CONFIDENCE in a rare opportunity to acquire ELEVEN properties along Boundary Road, totalling 49,943 sq ft. This prime location offers easy access to parks, trails, community rec centers, schools, Metrotown/Metropolis shopping, and fine dining. Situated within Vancouver's Transit Oriented Development area, close to Joyce & Patterson Skytrain stations. In recent events, the City of Burnaby has completely eliminated the FAR limitations. New zoning framework allows various options for development of up to 8 storeys building height with Mountain views! Properties included: 4870 Boundary Rd, 4860 Boundary Rd, 4850 Boundary Rd, 3705 Price St, 3717 Price St, 3723 Price St, 3727 Price St,3708 Cardiff St, 3718 Cardiff St, 3724 Cardiff St, 3728 Cardiff St.

Property Info

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MLS®: R2884377

Listing Courtesy of Metro Edge Realty

Total Bedrooms 2

Total Bathrooms 2

Floor Space 1814 sq.ft.

Lot Size 3960 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $3,088,000

Unit Pricing $1,702/sq.ft.

Strata Fee $0.00

Tax Estimate $4,951/Year

Year Built 1930

Rooms

Main Living Room 14'7 * 12'10

Main Kitchen 15'3 * 12'3

Main Dining Room 12' * 8'3

Main Playroom 12'4 * 12'

Above Bedrooms 26' * 7'

Bsmt Living Room 15' * 12'

Bsmt Kitchen 9'8 * 7'4

Bsmt Living Room 14' * 11'

Bsmt Bedrooms 9'5 * 8'

Bsmt Utility 17' * 12'

More Details

Storey 2

Floor Space Finished 1814.00 sq.ft.

Roof XXXXXXX

Zoning R5

Exterior Finish XXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Garage Single

Fuel Heating Electric, Forced Air, Natural Gas

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Burnaby South
Street Name: Price
City: Burnaby
State Or Province: BC
Postal Code: V5G 2K9
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2023

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 2

Interior Features

Basement: None

Exterior Features

Roof: Asphalt

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer, Storm Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1930
Lot Size Square Feet: 3960
Building Area Total: 1814
Living Area: 1814

Lot Information

Parcel Number: 002727030

Sold History

Selling

R2884377 House May 14, 2024 Listed $3,088,000

R2844950 House Feb 26, 2024 Sold $1,523,000

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City Introduction

Overview of Burnaby, BC, Canada

Population

Burnaby is the third-largest city in British Columbia, with a population of approximately 274,000 (2024). The population density is 2,750.7 people per square kilometer. Burnaby is a multicultural city, with about 64% of residents belonging to visible minorities, including a significant Chinese community (34%). Additionally, around 56% of residents speak a primary language other than English, reflecting its cultural diversity.

Economy

Key Industries: High-tech, film production, retail, and education. Burnaby is home to several high-tech parks and film studios, making it a key economic hub in Western Canada.
Commercial Centers: Metrotown is the second-largest shopping center in Western Canada, attracting both consumers and investors.
Educational Resources: Burnaby hosts Simon Fraser University (SFU) and the British Columbia Institute of Technology (BCIT), providing a highly skilled workforce and fostering innovation.

Living Features

Natural Environment: Burnaby boasts abundant natural landscapes, including Burnaby Lake, Deer Lake, and numerous community parks, ideal for outdoor activities.
Transportation: Burnaby is well-connected to downtown Vancouver via SkyTrain and bus systems, with a commute time of about 30 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: Burnaby's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $1.5 million CAD and condos around $700,000 CAD (2024).

Opportunities:

Stable rental market: Burnaby's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects (e.g., SkyTrain expansion) support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

Burnaby is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Deer Lake and Metrotown, while properties near SkyTrain stations are attractive for investors.

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