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Exceptional Property

6338 SELMA Avenue, Burnaby

$2,599,000

2 Bedrooms

null Bathrooms

2035 sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Single Family

Style

House

Year Built

1954

Square Footage

2035 square feet

Bedrooms

2 Bedrooms

Bathrooms

N/A

Distinguished Features

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Property Overview

A Closer Look at This Distinguished Residence

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10,890 square ft level lot on a beautiful street in a 'prime' location!! This R1 zoned property is designated Small-Scale Multi-Unit Housing designation permitting 6 residential units, also 66' frontage offers subdivision opportunity or build you dream home as the street has several luxury homes. 165' lot offers a huge private back yard. Amazing lo...

MLS Number

R3066296

Listed By

Sutton Group-West Coast Realty (Abbotsford)

Last Updated

Nov 13, 2025, 1:25 a.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Property Specifications

Property Type

Single Family

Architectural Style

House

Year Built

1954

Square Footage

2035

Interior Features

Basement

Partially finished, Unknown, Unknown

Number of Fireplaces

Climate Control & Utilities

Heating System

Natural gas, Hot Water

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

New

MLS# R3066296

List Date

Nov 13, 2025, 1:02 a.m.

List Price

$2,599,000

Property Type

Sale

Bedrooms

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.