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$455,000

302 5577 SMITH AVENUE

Burnaby BC V5H 2K7 - Central Park BS
1 bd
1 ba
743 sqft
Built 1995

About This Property

Welcome to this spacious 743 sq ft south facing 1 bed + 1 bath home in the heart of Burnaby South. The open, functional layout makes the most of every square foot, offering comfortable everyday living with no wasted space, ideal for first-time buyers. Enjoy unbeatable convenience: steps to Central Park, walking distance to 2 SkyTrain stations for an easy…

Features

Elevator
Garden
Balcony
Underground
Side Access
Shopping Nearby
Room measurements6 rooms▸
Living RoomMain · 15'10 × 9'7
Dining RoomMain · 6'8 × 11'11
KitchenMain · 8'10 × 8'3
FoyerMain · 3'4 × 8'4
BedroomMain · 14'7 × 11'0
LaundryMain · 5'1 × 4'8

Property Details

MLS NumberR3165325
Property TypeApartment/Condo
Bedrooms1
Bathrooms1
Square Feet743
Year Built1995
Parking Spaces1
HeatingBaseboard, Natural Gas
Strata Fee$315.92/mo
StatusClosed
Listed ByOakwyn Realty Northwest

School Catchment

Elementary Ecole Inman
Secondary Moscrop

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$650,000Median home value
$69,000Median household income
61.3%Owner-occupied
5%Single-detached homes
2.2Avg household size
44Median age
49.1%Bachelor's degree or higher (25-64)
48.3%Commute under 30 min
62%Drive to work
56.9%Foreign-born residents
5,387Neighbourhood population

Age

Under 15: 11.2%15 to 64: 67.2%65 and over: 21.6%
  • Under 1511.2%
  • 15 to 6467.2%
  • 65 and over21.6%

Household size

  • 1 person35.8%
  • 232%
  • 316.3%
  • 410.3%
  • 5 or more5.6%

Language spoken at home

32.9% English mother tongue

  • Mandarin16.4%
  • Cantonese13.3%
  • English + other5.5%
  • Tagalog3%
  • Spanish2.4%
  • Russian1.8%
  • All others24.7%

Mother tongue, share of 5,290 residents.

How this pocket differs

  • fewer 5+ person households than Burnaby South 5.6% vs 7.7%
  • Median household income is lower than Metro Vancouver $69,000 vs $90,000
  • Median dwelling value is notably lower than Metro Vancouver $650,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Sales History

DateSale Price
May 1, 2023$551,000

Source: BC Assessment (public records).

Monthly Cost Calculator

Estimated monthly cost $2,582
Mortgage payment$2,086
Strata fee$316
Property tax$135
Home insurance$45
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Nov 9

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