$498,000
NEW
240 5355 Lane St, Burnaby, BC
$488,000
Est. Mortgage /mo
MLS® R3088461 · Infinity
1
Beds
1
Baths
485
sqft
1006
$
/sqft
236
$
Maint. fee
2020
built
Property Details & Specs
Prime location meets urban convenience! This efficient 1 BD, 1 bath unit offers peaceful, quiet living overlooking the inner courtyard, away from street noise. The smart open floor plan features soaring high ceilings that maximize every inch & create an airy feel throughout. The modern corner kitchen is designed for efficiency with plenty of cabinet storage, sleek quartz countertops, stainless steel appliances, & contemporary white cabinetry. Also features in-suite laundry & a well-appointed bathroom. Location couldn't be better! Just steps to Royal Oak Skytrain Station, close to Metrotown Shopping Centre, Bonsor Recreation Centre, and surrounded by restaurants, cafes, and shops. Easy transportation routes for driving & public transit. Perfect for first-time buyers.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Kitchen | 8'7 x 8'7 ft |
| Main Level | Living Room | 11'3 x 11'3 ft |
| Main Level | Dining Room | 6'0 x 6'0 ft |
| Main Level | Bedroom | 10'9 x 10'9 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: Team 3000 Realty Ltd.
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
- 0.76 km
- Elementary
- Maywood Community School
- Average
- 0.95 km
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
- 1.52 km
- Elementary, Secondary
- Deer Lake School
- 2.1 km
Closest Transit
- Bus Stop
- Westbound Kingsway @ Denbigh Ave
- 0.17 km
- Skytrain
- Skytrain @ Royal Oak Stn
- 0.32 km
Crime Rate
- Total Crime Rate
- Below Average
- Violent Crime Rate
- Low
- Property Crime Rate
- Average
Demographics
- Post-Secondary Education
- Above Average
- 33.6%
- No Certificate/Degree
- Average
- 12.7%
- Owner Occupied
- Average
- 72%
- Employment Rate
- Average
- 60.1%
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
$123
Maintenance fee
0
With a 20% down payment, buyers can expect an estimated $2,223/month in total housing costs on this $488,000 property — $1,864 mortgage payment, $123 property tax, $236 maintenance fee.
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%
Based on $1,971/month estimated rent and $2,279/month in total housing costs, this property has a -$308/month cashflow. Break-even down payment: approximately 34%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$488,000
Burnaby
Loading...
Metrotown
Loading...
Among 21 similar active listings in Metrotown, the average price is $527,575. At $488,000, this listing is priced 7.5% below the local average and 7.9% below the city-wide benchmark.
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
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 240 5355 Lane Street, Burnaby, BC?
The closest top-rated schools are Burnaby South Secondary School and Maywood Community School.
Is 240 5355 Lane Street, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 240 5355 Lane Street, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $2,928.
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Earn Cashback
Potential Cashback for this listing if you buy with us
Login to track your cashback progress
Buy with us & save on this property
More Listings in This Building
16.86% cheaper than comparables
26.43% cheaper than comparables
Book a tour
Please complete the form. We will make the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Copyright © 2013 - 2026 EstateBlock.com. All Rights Reserved. Renanza Realty Inc.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
