7.3% price reduction

2305 4900 Lennox Lane, Burnaby, BC

$509,000
Est. Mortgage /mo

MLS# R3065438 · The Park

1 Beds
1 Baths
503 sqft
1012 $ /sqft
230.66 $ Maint. fee
2017 built
$509,000
$549,000
Est. /mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

7.3% price reduction

THE PARK built by Intergulf development, quiet unit facing north with Mountain View. One bedroom one bath, one parking spot, two bike lockers. Functional layout. Spacious gourmet kitchen, stainless steel appliances, laminated wood flooring in living and dining room. Amenities include gym, hot tub and sauna room. Walking distance to Metrotown skytrain station,supermarket, restaurants, bank, and Bonsor Park.

General Info

Price $509,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 503
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement 0
Basement Features None

Property Metrics

Year Built 2017
Age Of Building 9
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3065438
Building Name The Park
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5H 0G9
Price per Sqft -
Gross Taxes $1,612.07
Ownership Type Freehold Strata
Maintenance Fee $230.66
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Electric

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning RM5S
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile, Wall/Wall/Mixed, Carpet
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description Mountain and city view
Units In Development -
Exterior Features Garden, Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property Timeline

Status Date Price
R3065438 / Active 11-03-2025 $509,000
Rooms
Floor Type Dimensions
Main Level Living Room 11'0 x 11'0 ft
Main Level Dining Room 5'1 x 5'1 ft
Main Level Kitchen 8'4 x 8'4 ft
Main Level Primary Bedroom 9'6 x 9'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Listed by: RE/MAX Crest Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Public Schools

Secondary
Burnaby South Secondary School
1.02 km
Elementary
Maywood Community School
Average
0.47 km
4.5/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Francis de Sales
Above Average
2.02 km
9/10
Elementary, Secondary
Deer Lake School
2.16 km

Closest Transit

Bus Stop
Northbound Nelson Ave @ Bennett St
0.25 km
Skytrain
Skytrain @ Royal Oak Stn
0.53 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
38.9%
No Certificate/Degree
Below Average
11.2%
Owner Occupied
Below Average
45.4%
Employment Rate
Average
55.1%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $134
Maintenance fee 0
Financing 80% of the $509,000 asking price over 30 years at 4% results in approximately $2,309/month in total estimated carrying costs, $134 property tax, $231 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $1,953/month in rental income, leaving a -$406/month cashflow at current carrying costs. Investors targeting break-even would need roughly 37% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $509,000
Burnaby Loading...
Metrotown Loading...
66 comparable Apartment/Condos are currently active in Metrotown, with a median asking price of $596,886. This property is listed 14.7% below the local average and 12.5% below the Burnaby average. This property is flagged as a Hot Deal (7.3% price reduction) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

What are the closest top-rated schools to 2305 4900 Lennox Lane, Burnaby, BC?
The closest top-rated schools are Burnaby South Secondary School and Maywood Community School.
Is 2305 4900 Lennox Lane, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 2305 4900 Lennox Lane, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $3,054.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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