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$2,288,000
For Sale

8935 Monroe Avenue, Burnaby, BC

5
beds
3
baths
2,677
sqft

8935 Monroe Avenue, Burnaby, BC

Burnaby East | The Crest - R2976370

Est.: $8,797/mo

Description

Beautiful, well kept family home located on a quiet street in the most desirable Crest Area, Burnaby East. Renovated throughout the house, including Kitchen, Bathrooms, 200 amps electric panel, A/C. New Roof, New Window, New Hot Water Tank and Furnace. Fully finished basement features 2 bedrooms, a spacious recreation room, with a separate entrance. Great potential for in-law suite, or mortgage helper, or for family business uses. Super wide frontage and the back lane access, makes this 7722 sqft lot perfect for multi-unit housing development. This property is not only perfect for living but also presents a unique opportunity for independent development or a collaborative project with the neighboring properties. We will help unlock the full potential. Call today!

Property Details

Property TypeSingle Family Residence
Asking Price

Original Asking Price

$2,288,000

$2,288,000

Pad Fee0
Maintenance Fee-
Listing Date

Days on Market

2025-Mar-11

130 days

Previously Sold Date2017-Aug-29
Size of House

Price per House SqFt

2,677 sqft

$855

Age of House54 years (1971)
Land Size

Price per Land SqFt

0.18 ac (7,722 sqft)

$296.30

Land Frontage78 ft
Land Dimensions78 x 99 ft
Property Taxes$5,675 (2024)
Ownership InterestFreehold NonStrata
PID008-365-539
Seller's AgentNu Stream Realty Inc.
Buyer's Agent Commission3.2% ON THE FIRST $100,000, 1.1% ON THE BALANCE.

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Storeys (Finished)
Basement Info
Floor Area (Finished)
Renovations
Roof
Flooring
Exterior Finish
Foundation
Fireplaces
Heating
Rules
Outdoor Features
Parking
Utilities
Water Supply
Sewer
Rear Yard
Flood Plain
Zoning

Listing Details

Asking Price$2,288,000
Listing Date2025-Mar-11
MLS® NumberR2976370
Primary BrokerNu Stream Realty Inc.

Features & Amenities

✓ View (/)✓ Cul-De-Sac
✓ Lane Access✓ Pantry
✓ Air Conditioning✓ Window Coverings
✓ Washer/Dryer✓ Dishwasher
✓ Refrigerator✓ Stove
✓ Microwave✓ Oven
✓ Range Top

Room Information

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RoomLevelDimensions

MLS® Pricing History

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DateStatusPriceChange
2024-Dec-15
Listed
$1,250,000

-$25,000 -2.0%

2024-Nov-28
Price Change
$1,275,000

-$24,000 -1.8%

2024-Nov-01
Listed
$1,299,000
2023-Aug-22
Sold
$1,150,000

-$25,000 -2.1%

2023-Aug-10
Price Change
$1,175,000

-$24,000 -2.0%

2023-Jul-15
Listed
$1,199,000
2022-Mar-18
Sold
$985,000

-$14,000 -1.4%

2022-Mar-05
Listed
$999,000
2021-Sep-12
Sold
$825,000

-$24,000 -2.8%

2021-Aug-28
Listed
$849,000

Assessment History

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YearTotalLandImprovementsYoY ChangeTaxes

Mortgage Calculator

Borhan Farjoo - Mortgage Partner

Borhan Farjoo

RTC - BORHAN FARJOO MORTGAGE SERVICES INC

20.0% | $457,600
30 Years
Rate
Provider
Payment
4.09%
CIBC logo
CIBC
$8,797
4.14%
Coast Capital logo
Coast Capital
$8,849
4.19%
National Bank logo
National Bank
$8,902
4.19%
CWB logo
CWB
$8,902
4.24%
Manulife logo
Manulife
$8,954
4.49%
RBC logo
RBC
$9,219
4.51%
BMO logo
BMO
$9,240
4.54%
TD logo
TD
$9,272
5.59%
Community Trust logo
Community Trust
$10,423

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 NameAddressDetails

Market Statistics

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Active Properties

All ActiveThis Property
All Residential1,250
Median Asking Price$875,000
Median Price per SqFt$650
Median Days on Market28

Sold Properties

Dec 2024Nov 2024Dec 2023
All Residential
(% 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 Market8⅓
Buyer's

Number of Sales (The Crest)

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