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$4,250,000
For Sale
7863 Wedgewood Street, Burnaby, BC V5E 2E5
4
beds
2
baths
1,720
sqft
4
beds
2
baths
1,720
sqft
7863 Wedgewood Street, Burnaby, BC V5E 2E5
R2965428 |
Burnaby South | Burnaby Lake
Estimated $16,341/mo.
Description
LAND ASSEMBLY – ATTENTION DEVELOPERS! Rare opportunity to acquire a prime development site! Three lots—7843, 7853 & 7863—sold as a package, each lot approximately 50 x 207 sq. ft., totaling 31,050 sq. ft. This site is located next to Edmonds St., and waits to be developed into a 4 storey Apartment building(buyer to verify with the city). Situated in a rapidly growing area with excellent amenities, transit access, and strong future potential.
Property Details
| Property Type | Single Family Residence |
| Bedrooms | 4 |
| Bathrooms | 2 |
Asking Price | $4,250,000 |
| Previously Sold Date | 2009-Aug-20 |
Size of House Price per House SqFt | 1,720 sqft $2,471 |
| Age of House | 72 years (1953) |
Land Size Price per Land SqFt | 0.24 ac (10,350 sqft) $410.63 |
| Land Frontage | 50 ft |
| Land Dimensions | 50 x 207 ft |
| Property Taxes | $5,307 (2024) |
| Ownership Interest | Freehold NonStrata |
| PID | 002-691-043 |
| Seller's Agent | RE/MAX Crest Realty Sutton Group Seafair Realty |
Features & Amenities
| ✓ Central Location | ✓ Private |
| ✓ Washer / Dryer | ✓ Dishwasher |
| ✓ Refrigerator | ✓ Stove |
Room Information
MLS® Pricing History
Assessment History
| Year | Total | Land | Impr. | YoY Change | Taxes |
|---|---|---|---|---|---|
Mortgage Calculator
Borhan Farjoo
RTC - BORHAN FARJOO MORTGAGE SERVICES INC
%
20.0% | $850,000
30 Years
Borhan Farjoo
RTC - BORHAN FARJOO MORTGAGE SERVICES INC
The displayed rates are provided as guidance only, are not guaranteed, and are not to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.
Nearby Schools
| School Name | Address | Details |
|---|---|---|
Market Statistics
Active Properties
| All Active | This Property | |
|---|---|---|
| House | 1,250 | – |
| Median Asking Price | $875,000 | $4,250,000 |
| Median Price per SqFt | $650 | $2,471 |
| Median Days on Market | 28 | 184 |
Sold Properties
| Dec 2024 | Nov 2024 | Dec 2023 | |
|---|---|---|---|
House (% change from Dec 2023) | 127 (↑5.2%) | 139 | 121 |
Median Selling Price (% change from Dec 2023) | $1,375,000 (↑8.1%) | $1,368,000 | $1,272,000 |
Median Price per SqFt (% change from Dec 2023) | $902 (↑7.8%) | $895 | $837 |
Median Days on Market | 38 | 35 | 31 |
Median Discount Off Ask | 2.8% | 2.6% | 2.2% |
New Listings | 365 | 380 | 398 |
Months of Inventory | 24.8 | 21.7 | 18.5 |
Seller's
← 5.0Balanced Market8.3 →
Buyer's
