Home > All listings > 2405 4730 Lougheed Highway

$835,000

2405 4730 Lougheed Highway

Brentwood Park, Burnaby, BC, V5C 0M9

2 | 2 | 1 | 732 sq.ft. | Year Built: 2023 |

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Hillside West by Concord Pacific - Brand New! 2 bed 2 bath 732SF Corner Suite with HUGE wraparound Balcony (over 333sf!) and Panoramic Views! Indoor/outdoor living with large sliding glass doors that open the wall to the outside (with electric blinds). Features incl: Air Conditioning, 24/7 Concierge, high-end BOSCH appliances, Quartz countertops and beautiful flat panel cabinetry. Amenities incl: gym, theatre, study, piano room, dog wash, green spaces, pathways, future urban park and outdoor beach. Close to Brentwood for Entertainment and Shopping. Easy access to SKYTRAIN. E/V ready parking, locker, pets, rentals! Live or invest!

Property Info

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MLS®: R3024229

Listing Courtesy of ABC Realty

Total Bedrooms 2

Total Bathrooms 2

Floor Space 732 sq.ft.

Title Type Freehold Strata

Date Listed XXXX-XX-XX

Property Type Condo

Listed Price $835,000

Unit Pricing $1,141/sq.ft.

Strata Fee $451.58

Tax Estimate $2,033/Year

Year Built 2023

Rooms

More Details

Storey 1

Floor Space Finished 732.00 sq.ft.

Rules Cats OK, Dogs OK, Yes

Roof XXXXX

Zoning RM5S

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Parking Additional Parking, Garage Under Building, Guest, Side Access

Parking Cover 1

Parking Total 1

Fuel Heating Heat Pump

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Burnaby North
Street Name: Lougheed
City: Burnaby
State Or Province: BC
Postal Code: V5C 0M9
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

Basement: None
Interior Features: Elevator, Guest Suite, Storage

Exterior Features

Exterior Features: Balcony
Roof: Other

Property

Utilities

Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2023
Building Area Total: 732
Living Area: 732

Lot Information

Parcel Number: 031820671

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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