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$2,899,000

4740 Albert Street

Capitol Hill BN, Burnaby, BC, V5C 2G9

5 | 3 | 2 | 2,314 sq.ft. | Year Built: 1962 |

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Discover Burnaby living in charming Capitol Hill. This fully rebuilt Haven Award winning home has been finished with nothing but the finest materials and craftsmanship. Every detail is bound to impress from the finest appliances to stunning and well thought interior design. This is the home you have been waiting for. Designed and built by the multiple Georgie Award winning LevelOne Construction a home that will last generations. Custom outdoor pergola makes for the perfect year round outdoor entertaining space. BONUS: Luxurious one bedroom suite makes for the perfect mortgage helper or inlaw suite.

Property Info

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MLS®: R3067361

Listing Courtesy of Angell, Hasman & Associates Realty Ltd.

Total Bedrooms 5

Total Bathrooms 3

Floor Space 2314 sq.ft.

Lot Size 4026 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $2,899,000

Unit Pricing $1,253/sq.ft.

Strata Fee $0.00

Tax Estimate $5,896/Year

Year Built 1962

Interior Features

Rooms

Main Kitchen 16'0 * 9'3

Main Dining Room 10'3 * 7'7

Main Living Room 17'7 * 12'1

Main Primary Bedroom 12'11 * 10'4

Main Bedrooms 10'2 * 9'7

Main Bedrooms 10'6 * 9'3

Below Foyer 8'11 * 8'8

Below Bedrooms 10'2 * 12'2

Below Laundry 8'6 * 8'4

Below Kitchen 16'6 * 8'8

Below Living Room 10'10 * 10'2

Below Bedrooms 11'11 * 11'2

More Details

Storey 2

Floor Space Finished 2314.00 sq.ft.

Roof XXXXXXX

Zoning R5

Floor Finish XXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXXXXXXXXXX

Parking Open, Lane Access, Asphalt

Parking Total 2

Fuel Heating Forced Air, Heat Pump

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Burnaby North
Street Name: Albert
City: Burnaby
State Or Province: BC
Postal Code: V5C 2G9
Year Built Effective: 2025
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2025

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 3

Interior Features

Fireplaces Total: 1
Flooring: Hardwood
Basement: Finished
Interior Features: Storage

Exterior Features

Exterior Features: Balcony
Roof: Asphalt

Property

Utilities

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

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1962
Year Built Effective: 2025
Lot Size Square Feet: 4026
Building Area Total: 2314
Living Area: 2314

Lot Information

Lot Features: Central Location
Parcel Number: 003210375

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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