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Listing history

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About this home

Here is the one buyers dream home, built in 2014 on a big corner lot in the heart of Burnaby's Royal Oak neighbourhood, with the upper level kept as a complete owner's residence and two main-level suites bringing in rental income with total of 3 kitchens. Life inside is comfortable all year: air conditioning for the summer, warm heated floors in the winter, a fresh-air system throughout, and a durable tile roof overhead. The location is hard to beat: only about 1.5 km to Metrotown, schools close by, and restaurants, cafés, supermarkets and parks all within easy reach, with Royal Oak SkyTrain Station close by. And the lot itself is a huge potential of the area's community plan points to apartment buildings of up to eight storeys in the future! Don't miss out!

Home facts

Bedrooms: 7
Bathrooms: 4 full + 2 half
Interior: 3,747 sq ft
Lot size: 7,155 sq ft
Year built: 2014
Storeys: 2
Parking: 8
Property type: Single Family Residence
Basement: None
Garage: Yes
Carport: No
Area: Burnaby South
Sub-area: South Slope
Listed: Hidden until you accept the VOW terms
Structure: Residential Detached
PID: Hidden until you accept the VOW terms

Highlights

Mountain view
City view
Balcony
Air conditioning

Features and inclusions

Heating: Radiant
Cooling: Air Conditioning
Construction: Hidden until you accept the VOW terms
Roof: Hidden until you accept the VOW terms
Parking: Additional Parking, Garage Triple

Board rules show these details to signed-in buyers who accept the VOW terms.

Monthly and upfront costs

Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.

Monthly ownership costs

Principal and interest: $10,845
Property tax: $667/mo
Home insurance: $150/mo
Estimated monthly total: $11,661

Purchase snapshot

List price: $2,288,000
Down payment: $457,600 (20%)
Estimated mortgage: $1,830,400

Estimates only. They leave out utilities, upkeep and closing costs.

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Space and layout

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Home value

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Neighbourhood

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Walk to Buy-Low Foods4 min

Bike to Royal Oak3 min

Walk to Royal Oak10 min

Drive to downtown Vancouver28 min

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Condo / Apartment · 66%

Homes for sale nearby, by type

Condo / Apartment529 for sale

Townhouse116 for sale

Detached108 for sale

Half-duplex34 for sale

Other11 for sale

Land9 for sale

Active listings within 3 km of this home.

Homes built in Burnaby, by type

Low-rise apartment32.6% · 75

Apartment in duplex28.3% · 65

Single-detached23.9% · 55

Semi-detached15.2% · 35

Source: Statistics Canada, 2021 Census of Population. 230 dwellings.

Who lives here

Statistics Canada area 59151332 · Burnaby

Median age: 40
Renter households: 42%
Average household size: 3.2
Median household income: $95,000

Population (2021): 733
Median rent: $1,720
Owner shelter cost: $1,620
30%+ of income on shelter: 20%
Owner households: 56%
Households with kids: 41%
Immigrants: 53%
Post-secondary: 62%
Average home value (2021): $1,480,000

Breakdown

$15,000 to $19,9992.1% · 5

$20,000 to $24,9994.3% · 10

$25,000 to $29,9994.3% · 10

$30,000 to $34,9994.3% · 10

$35,000 to $39,9992.1% · 5

$40,000 to $44,9992.1% · 5

$45,000 to $49,9994.3% · 10

$50,000 to $59,9994.3% · 10

$60,000 to $69,9994.3% · 10

$70,000 to $79,9994.3% · 10

$80,000 to $89,9998.5% · 20

$90,000 to $99,9996.4% · 15

$100,000 to $124,9998.5% · 20

$125,000 to $149,99910.6% · 25

$150,000 to $199,99914.9% · 35

$200,000 and over14.9% · 35

Source: Statistics Canada, 2021 Census Profile, dissemination area 59151332.

Documents

Pick the records you want. Ray Rasouli will email what the listing brokerage shares.

Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Building and renovation permitsConfirm that significant work was properly permitted.
Survey or site planReview boundaries, structures, and encroachments.

Availability is not guaranteed. Review documents with a professional.

4940 Rumble Street

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