Home > All listings > 2508 4508 Hazel Street

$585,000

2508 4508 Hazel Street

Forest Glen BS, Burnaby, BC, V5H 0E4

1 | 1 | 1 | 601 sq.ft. | Year Built: 2015 |

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FORECLOSURE...Welcome to The Sovereign by BOSA, where luxury living meets convenience in the heart of the vibrant Forest Glen/Metrotown community. This sophisticated 600 sq ft one-bedroom unit boasts breathtaking views overlooking the city skyline, North Shore mountains, and Deer Lake—an inspiring backdrop to your daily life. Enjoy comfort and style with an open-concept layout. Floor-to-ceiling windows flood the suite with natural light and frame the stunning vistas. Residents enjoy a wealth of premium amenities,including: fitness centre, indoor pool, hot tub, secure parking, storage & 24hr concierge.Step outside and find yourself mere moments from Metropolis at Metrotown, Crystal Mall, endless dining options, lively cafes, parks, and recreational facilities. OPEN HOUSE SUN, JULY 20, 2-4

Property Info

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MLS®: R3020427

Listing Courtesy of RE/MAX Heights Realty

Total Bedrooms 1

Total Bathrooms 1

Floor Space 601 sq.ft.

Title Type Freehold Strata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type Condo

Listed Price $585,000

Unit Pricing $973/sq.ft.

Strata Fee $432.29

Tax Estimate $1,836/Year

Year Built 2015

Rooms

More Details

Storey 1

Floor Space Finished 601.00 sq.ft.

Rules Cats OK, Dogs OK, Yes

Roof XXXXX

Zoning CD

Floor Finish XXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Garage Under Building, Front Access, Concrete

Parking Cover 1

Parking Total 1

Fuel Heating Geothermal

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Burnaby South
Street Name: Hazel
City: Burnaby
State Or Province: BC
Postal Code: V5H 0E4
Property Type: Residential
Property Sub Type: Apartment/Condo

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 1

Interior Features

Flooring: Laminate, Mixed
Basement: None
Interior Features: Guest Suite, Storage

Exterior Features

Exterior Features: Garden, Balcony
Roof: Other
Pool Features: Indoor

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer, Storm Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2015
Building Area Total: 601
Living Area: 601

Lot Information

Parcel Number: 029485924

Sold History

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OPEN HOUSES

2025-07-20 02:00 PM - 04:00 PM

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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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