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7520 6TH STREET, Burnaby, British Columbia, V3N 3M1

MLS® # C8065138
Investment For Sale In Second Street, Burnaby, British Columbia
$1,999,900
7520 6Th Street, Burnaby, BC -
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7520 6TH STREET, Burnaby, British Columbia, V3N 3M1
$1,999,900

Property Information:

Attention all investors! An exceptional opportunity awaits in this burgeoning location, ripe for development and investment. Situated amidst a wave of new construction, the Sixth Street Area Plans endorse mixed-use development of up to 6 stories, featuring ground-level retail. This dynamic neighbourhood has witnessed the success of numerous multifamily projects in recent years, alongside the emergence of local businesses, fostering a lively community atmosphere. Moreover, the current C-4 zoning permits a variety of uses, including automotive showrooms, retail sales of auto parts, grocery stores, and various personal services, making it an attractive prospect for owner-users. Whether you're an owner-user, an investor eyeing future assembly opportunities, or a developer seeking a mixed-use. (id:27)

Property Features:

  • Property Type: Multi-family
  • Built in: 1950
  • Lot Size: 6000.00 Square Feet
  • Zoning: C4

Courtesy of: Century 21 Coastal Realty Ltd.

REALTOR.ca  

Location of 7520 6TH STREET, Burnaby, British Columbia, V3N 3M1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

35/100

Moderate-Low

ClimateCheck®

Current data

This property, 7520 6TH STREET , experiences 7 hot days per year at around 28.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 31.5 degrees Celsius.

Projected Avg. Temperature

Past
28.2℃
2050
31.5℃

# Hot Days Per Year

Past
7
2050
28

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

97/100

High

ClimateCheck®

Current data

This property, 7520 6TH STREET , experiences 12 significant 2-day storms per year, with about 648.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 750.3mm of precipitation per year.

Precipitation Per Storm

Past
648.8mm
2050
750.3mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 7520 6TH STREET, Burnaby, British Columbia, V3N 3M1

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$126,862.81

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.29 %

High school certificate or equivalent

31.32 %

Apprenticeship trade certificate/diploma

4.45 %

College/non-university certificate

19.45 %

University certificate (below bachelor)

2.56 %

University Degree

25.93 %

Commuter

Travel To Work

By Car

73.43 %

By Public Transit

19.58 %

By Walking

3.07 %

By Bicycle

0.0 %

By Other Methods

3.92 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

17.24 %

Houses

82.76 %

Own Vs. Rent