502 6398 Silver Ave, Burnaby, BC

$699,000 Est. Mortgage /mo

MLS® R2908178

1 Beds
1 Baths
602 sqft
1161 $ /sqft
331 $ Maint. fee
2022 built
$699,000
$688,000
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

Welcome to Sun Tower 2. This one bed and one bath unit comes with 1 parking and 1 locker. Location in the heart of Metro town in Burnaby . One minute walk to sky train station and bus station. Steps away from Metrotown mall, Crystal mall, multiple restaurants, and entertainment. Sleek and beautiful designed kitchen with Bosch appliances and multi-function shelf. Close to 24000 sf Solaris Club w/ acces to fully equipped gym, indoor swimming poor , hot tub, badminton court , golf simulator, party room and more. Don't miss out, perfect for investment for first time buyer or owner! Call now!

General Info

Price $699,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 602
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features -

Property Metrics

Year Built 2022
Age Of Building 3
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Clubhouse, Exercise Centre, Other
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2908178
Building Name -
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5H 0K7
Price per Sqft $1,161
Gross Taxes $1,985.66
Ownership Type Freehold Strata
Maintenance Fee $331
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Other
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Other

Utilities

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

Parking

Parking Type Underground
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning /
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Interior Features Elevator
Locker 1
View -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Sewer Public Sewer
Roof Other

Property Timeline

Status Date Price
R2908178 / Active 07-19-2024 $699,000
Rooms
Floor Type Dimensions
Main Level Bedroom 9'4 x 9'4 ft
Main Level Living Room 12'10 x 12'10 ft
Main Level Kitchen 12'69 x 12'69 ft
Main Level Den 6' x 6' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Listed by: Nu Stream Realty Inc.

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
1.79 km
Elementary
Maywood Community School
Average
0.51 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, Secondary
Deer Lake School
2.42 km
Elementary, Secondary
Deer Lake School
2.42 km

Closest Transit

Bus Stop
Metrotown Station @ Bay 11
0.13 km
Skytrain
Skytrain @ Metrotown Stn
0.13 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
37.3%
No Certificate/Degree
Below Average
10.9%
Owner Occupied
Average
68.9%
Employment Rate
Average
57.3%

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 $165
Maintenance fee 0
A 20% down payment of $139,800 on this $699,000 listing yields an estimated mortgage of $2,670/month (30-year fixed, 4%). Total estimated housing cost: $3,166/month, $165 property tax, $331 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%
With $2,612/month in estimated rental income against $3,223/month in mortgage payments, the monthly cashflow is -$611/month. A 39% down payment would reach break-even.
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 $699,000
Burnaby Loading...
Metrotown Loading...
This $699,000 listing sits 8.7% above the Metrotown average of $642,857 for similar 1-bedroom Apartment/Condos (58 active comparables).
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 502 6398 Silver Avenue, Burnaby, BC?
The closest top-rated schools are Burnaby South Secondary School and Maywood Community School.
Is 502 6398 Silver Avenue, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 502 6398 Silver Avenue, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $4,194.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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