509 1888 Gilmore Avenue, Burnaby

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$3,200

509 1888 Gilmore Avenue

Brentwood Park, Burnaby, BC, V5C 0L2

2 | 2 | 1 | 861 sq.ft. |

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Air Conditioned! Prime location! Welcome home to the Triomphe, North Burnaby! This 2Bed 2bath suite offers high ceiling, modern decor, full kitchen, ensuite laundry, central AC, 861 sqft luxury living space, corner unit, North West facing balcony with covered wrap around balcony. Amenities: over 13000 sqft clubhouse – rooftop swimming pool with jacuzzi, steam room, sauna, fully equipped gym, spacious lounge, BBQ terrace, fire pit, two guest suites, EV charging stations, yoga room, bike room, unit comes with parking. Excellent location: Super convenient location, minutes walk to world class shopping & dining experiences at Amazing Brentwood, Skytrain station, public transit, easy commute to Downtown Vancouver, Metrotown, VCC, UBC, BCIT, and SFU.

Property Info

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MLS®: R3026912

Listing Courtesy of Sincere Real Estate Services

Total Bedrooms 2

Total Bathrooms 2

Floor Space 861 sq.ft.

Date Listed XXXX-XX-XX

Property Type Condo

Listed Price $3,200

Strata Fee $0.00

Interior Features

More Details

Floor Space Finished 0.00 sq.ft.

Rules No, No Cats, No Dogs

Out Door Area XXXXXXXXXX

Parking Total 1

Summary

Location and General Information

MLS Area Major: Burnaby North
Street Name: Gilmore
City: Burnaby
State Or Province: BC
Postal Code: V5C 0L2
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: 861
Living Area: 861

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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