24FL 4730 Lougheed, Burnaby

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$3,095

^$105

24FL 4730 Lougheed

Brentwood Park, Burnaby, BC, V5C 0C2

2 | 2 | 732 sq.ft. |

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*************************************** Please answer the following in your response: 1.What's your name? 2.How many people and pets is this for? 3.What kind of work do you do? 4.When do you wish to start? 5.How long do you wish to stay? 6.What questions do you have for me? 7.Reason for moving? 8.When do you wish to view? ************************ LIKE NEW condo at Concord Hillside 4730 Lougheed, Burnaby. 1 Parking available. Available July 2025 REQUIREMENTS. 1 well behaved pet with strata/owner approval. 1 year lease minimum. References and deposit. Maximum occupancy 4. NO SMOKING STRATA. Included: gas, strata fee. Excluded: electricity, internet. $3095/mo. + electricity, internet.

Property Info

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MLS®: R3013102

Listing Courtesy of ABC Realty

Total Bedrooms 2

Total Bathrooms 2

Floor Space 732 sq.ft.

Date Listed XXXX-XX-XX

Property Type Condo

Listed Price $3,095

Strata Fee $0.00

Interior Features

More Details

Floor Space Finished 0.00 sq.ft.

Rules Yes, No Cats, Dogs OK

Out Door Area XXXXXXXXXX

Summary

Location and General Information

MLS Area Major: Burnaby North
Street Name: Lougheed
City: Burnaby
State Or Province: BC
Postal Code: V5C 0C2
Property Type: Residential Lease
Property Sub Type: Apartment/Condo

Interior and Exterior Features

Interior Features

Interior Features: Elevator

Exterior Features

Exterior Features: Balcony

Property

Utilities

Property and Assessments

Building Area Total: 732
Living Area: 732

Lot Information

Sold History

MAP & Nearby Facilities

Map

Street

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City Introduction

Overview of Burnaby, BC, Canada

Population

Burnaby is the third-largest city in British Columbia, with a population of approximately 274,000 (2024). The population density is 2,750.7 people per square kilometer. Burnaby is a multicultural city, with about 64% of residents belonging to visible minorities, including a significant Chinese community (34%). Additionally, around 56% of residents speak a primary language other than English, reflecting its cultural diversity.

Economy

Key Industries: High-tech, film production, retail, and education. Burnaby is home to several high-tech parks and film studios, making it a key economic hub in Western Canada.
Commercial Centers: Metrotown is the second-largest shopping center in Western Canada, attracting both consumers and investors.
Educational Resources: Burnaby hosts Simon Fraser University (SFU) and the British Columbia Institute of Technology (BCIT), providing a highly skilled workforce and fostering innovation.

Living Features

Natural Environment: Burnaby boasts abundant natural landscapes, including Burnaby Lake, Deer Lake, and numerous community parks, ideal for outdoor activities.
Transportation: Burnaby is well-connected to downtown Vancouver via SkyTrain and bus systems, with a commute time of about 30 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: Burnaby's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $1.5 million CAD and condos around $700,000 CAD (2024).

Opportunities:

Stable rental market: Burnaby's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects (e.g., SkyTrain expansion) support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

Burnaby is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Deer Lake and Metrotown, while properties near SkyTrain stations are attractive for investors.

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