Home Burnaby, BC Forest Glen BS The Newmark 1005 4888 Hazel Street

1005 4888 Hazel St, Burnaby BC V5H 4T4 – Condo for Sale – MLS® R3165599

1005 4888 Hazel Street, Burnaby, British Columbia V5H 4T4

Burnaby Condos for Sale

58 days on the market

$599,000

Est. monthly cost $2,995/mo

Updated with MLS® - Nov 12, 2026 at 07:45am

2 Beds

1 Baths

785 sqft

763 $ /sqft

428.7 $ Maint. fee

1998 built

Photos

Welcome to this spacious 2-bedroom home in the heart of Metrotown. Ideally situated directly across from Metrotown, this property offers an unbeatable convenience, comfort, and investment potential. Enjoy unobstructed mountain views overlooking the open school field, with a desirable northeast-facing exposure that provides a quieter setting away from the bustle of the city. Marlborough Elementary is just across the street, while Moscrop Secondary is only a 5-minute drive away, both offering well-regarded French Immersion programs. An abundance of amenities including restaurants, Shoppers Drug Mart, Metrotown Mall, and SkyTrain, all within easy walking distance. Whether you are looking for a comfortable home or a solid investment. Open house on Sun 2-4pm, Oct 4th.

Building 23 fields Inside & out 13 fields Lot & land 8 fields

Building Details

Price	$599,000
Total Bedrooms	2
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	785
Year Built	1998
Age Of Building	28
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Exercise Centre, Trash, Maintenance Grounds, Gas, Management, Recreation Facilities, Sewer, Snow Removal, Water
Ownership Type	Freehold Strata
Maintenance Fee	$428.7
Community Features	Shopping Nearby
Amenities Nearby	Exercise Centre, Trash, Maintenance Grounds, Gas, Management, Recreation Facilities, Sewer, Snow Removal, Water
Utility Type	Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground, Front Access, Garage Door Opener
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Oven
Interior Features	Elevator, Storage
Fireplace	1
Heating Type	Baseboard, Electric, Natural Gas
Laundry	In Unit
# of Kitchens	1
Flooring	Hardwood, Carpet
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden, Balcony
View Description	MOUNTAIN, CITY
Structures	Multi Family, Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3165599
Area	Burnaby South
Neighbourhood	Forest Glen BS
City	Burnaby
Postal Code	V5H 4T4
Gross Taxes	$1,823.92
Zoning	RM5

Property Timeline

Status	Date	Price
R3165599 / Active	09-15-2026	$599,000
to view full Property History (2 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	14'9 x 14'9 ft
Main Level	Kitchen	8'9 x 8'9 ft
Main Level	Primary Bedroom	12'8 x 12'8 ft
Main Level	Bedroom	10'10 x 10'10 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4

Listed by: Sutton Group-West Coast 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.

About the building: The Newmark

4888 Hazel Street, Forest Glen BS, Burnaby

The Newmark building details

Building

Built: 1998
Homes: 158
Construction: Concrete
Title: Freehold Strata
Strata plan: LMS3131
Managed by: Pacific Dawn
Parking: Visitor Parking, Garage: Underground
Lockers: Limited
Strata fee covers: Recreation FacilityManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 1
Rentals: Allowed

Market at The Newmark

For sale: 4
Median ask: $594K
Median $/sqft: $764
Days on market: 53
Sold, past year: 3

This home

$763/sqft, in line with the building median of $764.

Homes for sale at The Newmark, Burnaby Recent sold listings in The Newmark, Burnaby

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 0.70 km · Moscrop Secondary School 7.4/10 · 1.88 km · crime below average · sell-speed score 58/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (249 nearby)

Moores · 66 m · Clothes
Canada post · 91 m · Post Office
Shoppers drug mart · 98 m · Pharmacy

Restaurants (153 nearby)

Cm chicken · 54 m · Restaurant
Pot empire · 66 m · Restaurant
Bun cha ca hoang yen · 69 m · Restaurant

Cafes (50 nearby)

Starbucks · 63 m · Cafe
Got lot tea · 266 m · Cafe
Bubble waffle cafe · 269 m · Cafe

Groceries (26 nearby)

Uncle tetsu's cheesecake · 290 m · Bakery
Sheffield express · 344 m · Convenience
Langley meats · 388 m · Butcher

Healthcare (13 nearby)

Shoppers drug mart · 98 m · Healthcare
London drugs · 229 m · Healthcare
Bonsor pharmacy & medical supplies · 261 m · Healthcare

Transit (3 nearby)

Skytrain @ metrotown stn station · 700 m · Transit
Bus stop northbound willingdon ave @ kingsborough st · 823 m · Transit
Skytrain @ royal oak stn station · 970 m · Transit

Public Schools

Secondary
Moscrop Secondary School: Above Average 1.88 km 7.4/10

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 2.22 km 8.7/10
Secondary
Whytecliff Agile Learning Centre-Burnaby: Above Average 3.54 km 10/10

Closest Transit

Bus Stop
Southbound Nelson Ave @ Hazel St: 0.03 km
Skytrain
Skytrain @ Metrotown Stn: 0.70 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

Sell Speed & Competition

58 / 100

Overall sell-speed score

Moderate pace expected

B+

Price competition grade

Avg comparable: $644,667

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.70 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How FOREST GLEN BS compares

This property

58 DOM

Average

Forest Glen BS avg

50 DOM

Average

Burnaby avg

50 DOM

Faster market

1005 4888 Hazel Street has a sell-speed score of 58/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 7.1% below comparable active properties in Forest Glen BS, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 16% and an area average of 50 days on market — conditions are balanced. With 470 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5H 4T4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5H 4T4, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.4 µg/m³ — meets WHO 2021 guideline. Nearest station: Burnaby South, Burnaby (~1.5 km). Annual avg AQHI 2.2 — Low Risk.

Heat Moderate

Burnaby currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~7 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.4 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1393 mm (1981–2010 baseline), projected ~1445 mm by the 2050s. Extreme 1-day rainfall: ~47.8 mm baseline, ~53.3 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~24 days baseline, ~25 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Schools NearBy

25 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Burnaby Youth Hub Secondary Program	Public	Grades Served —	Catchment Info —	2.7 / 10	Distance 673 m
Chaffey-Burke Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 1.04 KM
Nelson Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 1.38 KM
BC Provincial School For The Deaf Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 1.42 KM
Burnaby South Secondary	Public	Grades Served —	Catchment Info —	5.2 / 10	Distance 1.45 KM
South Slope Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 1.45 KM
Windsor Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 1.61 KM
Moscrop Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	7.4 / 10	Distance 1.88 KM
Gilpin Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 1.91 KM
École Inman Elementary	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 2.00 KM
Brantford Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.04 KM
Clinton Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.05 KM
Suncrest Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.20 KM
Burnaby Central Secondary	Public	Grades Served —	Catchment Info —	6.6 / 10	Distance 2.22 KM
St. Francis de Sales	Independent	Grades Served K-7	Catchment Info —	8.7 / 10	Distance 2.23 KM
Champlain Heights Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 2.51 KM
Douglas Road Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 2.53 KM
Dr. H. N. MacCorkindale Elementary School	Public	Grades Served K-7	Catchment Info —	6.4 / 10	Distance 2.60 KM
Glenwood Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 2.65 KM
Morley Elementary School	Public	Grades Served K-7	Catchment Info —	4.4 / 10	Distance 2.67 KM
Burnaby Montessori School	Independent	Grades Served K-1	Catchment Info —	N/A	Distance 2.76 KM
Cascade Heights Elementary	Public	Grades Served K-7	Catchment Info —	6.7 / 10	Distance 2.80 KM
Graham Bruce Community Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.81 KM
Collingwood Neighbourhood School	Public	Grades Served K-3	Catchment Info —	N/A	Distance 2.89 KM
Buckingham Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.94 KM

Pre-computed routes from 1005 4888 Hazel St, Burnaby, BC

1005 4888 Hazel St, Burnaby, BC Metrotown 0.7 km

29 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Metrotown → Waterfront
29 min
Metrotown, Burnaby
11 min
SFU Burnaby via Metrotown → Production Way
31 min
Richmond Centre via Metrotown → Brighouse
54 min
YVR Airport via Metrotown → YVR-Airport
55 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
13 min
Metrotown, Burnaby via Lougheed Hwy
1 min
SFU Burnaby via Gaglardi Way
7 min
Richmond Centre via No. 3 Rd
15 min
YVR Airport via Bridgeport / Sea Island
17 min

Calculate your commute

1005 4888 Hazel St, Burnaby, BC is ideally located for commuters. The property is 0.7 km from Metrotown, with a 29 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Nelson Ave @ Hazel St (0.03 km). Walk Score Transit rating: Excellent Transit (83/100).

Walkability & Transit Near 1005 4888 Hazel Street

Walker's Paradise 97

Walk Score - Walker's Paradise

Daily errands do not require a car

Excellent Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips

Very Bikeable 78

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $2,995/month · rent estimate $2,298/month · owning catches up with renting by year 5 · cash flow if rented −$871/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 1005 4888 Hazel Street

$2,995 /month

Principal & Interest $2,414

Property Taxes $152

Maintenance fee $429

The estimated monthly cost of 1005 4888 Hazel Street, Burnaby is $2,995: $2,414 principal and interest with 20% down over 30 years at 4.45%, plus $152 property tax and $429 strata fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$871 /month

Mortgage Payment $2,414

Monthly Cash Flow −$871

Break Even Down Payment 49%

Cap Rate -1.7%

Cash on Cash -8.7%

If 1005 4888 Hazel Street, Burnaby were rented at $2,298 a month with 5% vacancy, it would fall $871 a month short of the mortgage and carrying costs; about 49% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1005 4888 Hazel Street, Burnaby

$2,298 / month

Rent $2,298

Own $2,995

Principal: $776/mo Interest, tax, insurance, fees: $2,219/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$650/mo (year 1) → ~$1,511/mo (year 20) → ~$2,254/mo (year 29).

Net cost to own at year 5 ~$2,219/mo About $79/mo less than renting

EstateBlock estimates 1005 4888 Hazel Street, Burnaby would rent for about $2,298 a month.

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Rent vs own: 1005 4888 Hazel Street

Rent vs own

Owning catches up by year 5

With 20% down ($119,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $42,703

Principal paid off by year 10 $96,026

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 1005 4888 Hazel Street, Burnaby is cheaper at first, but owning catches up by year 5, with $42,703 of principal paid off by year 5 and $96,026 by year 10.