1301 4988 Bennett St, Burnaby BC – Condo for Sale – MLS® R3177817

1301 4988 Bennett Street, Burnaby, British Columbia V5H 0L1

8 days on the market
$930,900
Est. Mortgage $4,118/mo
Listing updated:
EstateBlock checked:
Riviera
2 Beds
2 Baths
844 sqft
1103 $ /sqft
433.98 $ Maint. fee
2025 built
8 days on the market
$930,900
Est. $4,118/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 1301 4988 Bennett Street

Welcome to this beautifully appointed 2-bedroom home at Riviera, featuring a sophisticated Onyx colour scheme with elegant two-tone cabinetry and under-cabinet lighting in both the kitchen and baths. The modern kitchen is designed to impress with a large island, recessed dimmable lighting, full-size appliances, and ample floor-to-ceiling storage. Expansive windows and high ceilings fill the space with natural light, creating a bright and refined atmosphere throughout. Residents enjoy amenities including a Concierge, Guest Suites, Fitness Centre, Social Lounge, and Outdoor Terrace. Built by BC's original homebuilder, Ledingham McAllister, Riviera is move-in ready in the heart of Metrotown-just steps to the best of shopping, dining, and transit options.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator, Guest Suite
Fireplace 0
Heating Type Other
Cooling Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Slab

Exterior Features

Exterior Features Balcony
View Description CITY VIEWS
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $930,900
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 844
Year Built 2025
Age Of Building 1
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal, Water
Building Name Riviera
Ownership Type Freehold Strata
Maintenance Fee $433.98
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal, Water
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Guest, Lane Access, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Suites None
Units In Development 288

Lot & Land

Lot Size Depth Feet
MLS® # R3177817
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5H 0L1
Gross Taxes $3,119.37
Zoning CD

Property Timeline

Status Date Price
R3177817 / Active 10-14-2026 $930,900
Rooms
Floor Type Dimensions
Main Level Primary Bedroom 10'10 x 10'10 ft
Main Level Bedroom 12'2 x 12'2 ft
Main Level Living Room 11'3 x 11'3 ft
Main Level Dining Room 10'10 x 10'10 ft
Main Level Kitchen 9'8 x 9'8 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level Yes #3

Listed by: Ledmac 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.

About the building: Riviera

4988 Bennett Street, Metrotown, Burnaby

Riviera building details

Building

Built
2025
Homes
246 in 38 storeys
Construction
Concrete
Title
Freehold Strata
Strata plan
EPS11517
Managed by
First Service Residential
Parking
Visitor Parking, Garage Underbuilding
Lockers
Limited
Strata fee covers
WaterSnow removalRecreation FacilityManagementHot WaterHeatGasGardeningGarbage Pickup

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Riviera

For sale
10
Median ask
$895K
Median $/sqft
$1,100
Days on market
63
Sold, past year
4
This home

$1,103/sqft, in line with the building median of $1,100.

  • Still inside its 2-5-10 new-home warranty — building-envelope coverage to 2030, structural to 2035.

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

Map & Neighbourhood

Private Schools

Elementary
St. Francis de Sales
Above Average 2.03 km 8.7/10
Secondary
Whytecliff Agile Learning Centre-Burnaby
Above Average 3.86 km 10/10

Closest Transit

Bus Stop
Northbound Nelson Ave @ Bennett St
0.09 km
Skytrain
Skytrain @ Royal Oak Stn
0.65 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

47 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $829,432
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.65 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 METROTOWN compares
This property
8 DOM
Very fast
Metrotown avg
50 DOM
Average
Burnaby avg
50 DOM
Slower market

1301 4988 Bennett Street has a sell-speed score of 47/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 10.9% above comparable active properties in Metrotown. 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 only 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 0L1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5H 0L1, 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 (~1.2 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.

Nearby Restaurants, Cafes & Shops

Shopping (246 nearby)

  • The ups store · 97 m · Post Office
  • Bonsor pharmacy & medical supplies · 113 m · Pharmacy
  • London drugs · 117 m · Pharmacy

Restaurants (148 nearby)

  • Freshslice pizza · 64 m · Fast Food
  • Kiku sushi · 112 m · Restaurant
  • Uncle willy's buffet · 130 m · Restaurant

Cafes (49 nearby)

  • Got lot tea · 176 m · Cafe
  • Audrey moment cafe · 248 m · Cafe
  • Coco fresh tea & juice · 255 m · Cafe

Groceries (26 nearby)

  • Langley meats · 234 m · Butcher
  • Uncle tetsu's cheesecake · 300 m · Bakery
  • Boemma euro foods & deli · 307 m · Supermarket

Healthcare (12 nearby)

  • Bonsor pharmacy & medical supplies · 113 m · Healthcare
  • London drugs · 117 m · Healthcare
  • Shoppers drug mart · 353 m · Healthcare

Transit (3 nearby)

  • Skytrain @ royal oak stn station · 646 m · Transit
  • Skytrain @ metrotown stn station · 763 m · Transit
  • Bus stop northbound mckay ave @ kingsborough st · 878 m · Transit

Schools NearBy

23 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

416 m

Nelson Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

1.07 KM

Burnaby South Secondary

Public

Grades Served

—

Catchment Info

—
5.2 / 10

Distance

1.13 KM

BC Provincial School For The Deaf Elementary

Public

Grades Served

—

Catchment Info

—
6.2 / 10

Distance

1.21 KM

South Slope Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

1.24 KM

Chaffey-Burke Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

1.34 KM

Windsor Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.5 / 10

Distance

1.41 KM

Clinton Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

1.74 KM

Brantford Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

1.91 KM

St. Francis de Sales

Independent

Grades Served

K-7

Catchment Info

—
8.7 / 10

Distance

2.03 KM

Suncrest Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

2.10 KM

Gilpin Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

2.18 KM

Moscrop Secondary School

Public

Grades Served

8-12

Catchment Info

—
7.4 / 10

Distance

2.21 KM

École Inman Elementary

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

2.28 KM

Glenwood Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.4 / 10

Distance

2.32 KM

Burnaby Central Secondary

Public

Grades Served

—

Catchment Info

—
6.6 / 10

Distance

2.43 KM

Champlain Heights Community Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.5 / 10

Distance

2.52 KM

Morley Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.4 / 10

Distance

2.57 KM

Dr. H. N. MacCorkindale Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.4 / 10

Distance

2.71 KM

Douglas Road Elementary

Public

Grades Served

—

Catchment Info

—
6.2 / 10

Distance

2.80 KM

Buckingham Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

2.93 KM

Champlain Heights Annex

Public

Grades Served

K-3

Catchment Info

—
N/A

Distance

2.96 KM

Burnaby Montessori School

Independent

Grades Served

K-1

Catchment Info

—
N/A

Distance

3.00 KM

Pre-computed routes from 1301 4988 Bennett St, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Royal Oak → Waterfront
    31 min
  • Metrotown, Burnaby via Royal Oak → Metrotown
    13 min
  • SFU Burnaby via Royal Oak → Production Way
    29 min
  • Richmond Centre via Royal Oak → Brighouse
    56 min
  • YVR Airport via Royal Oak → YVR-Airport
    57 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
    8 min
  • Richmond Centre via No. 3 Rd
    15 min
  • YVR Airport via Bridgeport / Sea Island
    17 min

Calculate your commute

1301 4988 Bennett St, Burnaby, BC is ideally located for commuters. The property is 0.6 km from Royal Oak, with a 31 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Nelson Ave @ Bennett St (0.09 km).

Mortgage Calculator for 1301 4988 Bennett Street

/month
Principal & Interest
Property Taxes $260
Maintenance fee 433.98
With a 20% down payment, buyers can expect an estimated $4,249/month in total housing costs on this $930,900 property — $3,555 mortgage payment, $260 property tax, $434 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.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $3,215/month estimated rent and $4,307/month in total housing costs, this property has a -$1,092/month cashflow. Break-even down payment: approximately 45%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1301 4988 Bennett Street, Burnaby

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

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.

Price vs Neighbourhood Average — Metrotown, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $930,900
Burnaby Loading...
Metrotown Loading...

Based on 140 comparable active apartments/condos in Metrotown, the average asking price is $839,440. This listing is priced 10.9% above the neighbourhood average.

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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

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Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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