Home > All listings > 802 5899 Wilson Avenue

$743,000

^$6,000

802 5899 Wilson Avenue

Central Park BS, Burnaby, BC, V5H 4R9

2 | 2 | 1 | 953 sq.ft. | Year Built: 1995 |

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PARAMOUNT 2 Built by BOSA! Concrete highrise located at the prime location of Metrotown. Spacious & quiet 2 Bedrooms 2 Baths with unobstructed North Shore mountain view & overlook to quiet courtyard. Corner unit with Living Room & Kitchen featuring floor to ceiling windows & all bedrooms featuring big windows bring lot of natural light to the unit. Excellent layout, cozy gas fireplace, updated laminate floor, fresh painting thru out, washer & dryer, dishwasher & .... Better than new, well kept and move-in condition. High Ranking School Catchment - Moscrop Secondary School! Walk to Metropolis, Patterson Skytrain, Central Park, Crystal Mall... 1 Parking & 1 Locker. ACT FAST!!! WON'T LAST LONG!

Property Info

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MLS®: R3015958

Listing Courtesy of Multiple Realty Ltd.

Total Bedrooms 2

Total Bathrooms 2

Floor Space 953 sq.ft.

Title Type Freehold Strata

Date Listed XXXX-XX-XX

Property Type Condo

Listed Price $743,000

Unit Pricing $780/sq.ft.

Strata Fee $484.96

Tax Estimate $1,924/Year

Year Built 1995

Interior Features

Rooms

More Details

Storey 1

Floor Space Finished 953.00 sq.ft.

Rules Cats OK, No Dogs, Yes With Restrictions

Zoning RCL1

Floor Finish XXXXXXXXXXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Parking Underground, Guest

Parking Cover 1

Parking Total 1

Fuel Heating Baseboard, Electric, Natural Gas

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Burnaby South
Street Name: Wilson
City: Burnaby
State Or Province: BC
Postal Code: V5H 4R9
Property Type: Residential
Property Sub Type: Apartment/Condo

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 2

Interior Features

Fireplaces Total: 1
Flooring: Laminate, Mixed, Other, Tile
Basement: None
Interior Features: Elevator, Storage

Exterior Features

Exterior Features: Garden, Balcony

Property

Utilities

Sewer: Public Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1995
Building Area Total: 953
Living Area: 953

Lot Information

Lot Features: Central Location, Near Golf Course, Private, Recreation Nearby
Parcel Number: 023357274

Sold History

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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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