Home Burnaby, BC Central BN Panacasa 409 3255 Smith Avenue

409 3255 Smith Ave, Burnaby BC - Apartment/Condo for Sale - MLS# R3053364

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Listing updated: Nov 26, 2025 at 12:36am

EstateBlock checked: Oct 7, 2026 at 04:20am

Panacasa

2 Beds

2 Baths

768 sqft

767 $ /sqft

337.8 $ Maint. fee

2012 built

Closed

VERIFIED ACCOUNT REQUIRED

This property sold for

$●●●,●●●

Listing updated: Nov 26, 2025 at 12:36am

EstateBlock checked: Oct 7, 2026 at 04:20am

Photo

About the building: Panacasa

3255 Smith Avenue, Central BN, Burnaby

Panacasa building details

Building

Built: 2012
Homes: 43 in 5 storeys
Construction: Frame - Wood, Concrete
Title: Freehold Strata
Strata plan: BCS4465
Managed by: Korecki
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: Snow removalManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Allowed; Cats and dogs OK, max 2
Rentals: Allowed

Market at Panacasa

For sale: 1
Median ask: $558K
Median $/sqft: $776
Days on market: 1
Sold, past year: 2

This home

$767/sqft, 1.2% below the building median of $776.

Homes for sale at Panacasa, Burnaby Recent sold listings in Panacasa, Burnaby

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

VERIFIED ACCOUNT REQUIRED

Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Public Schools

Elementary
Cascade Heights Elementary: Average 1.01 km 6.2/10
Secondary
Moscrop Secondary School: 1.7 km

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

Private Schools

Elementary
Vancouver Christian School: Above Average 0.62 km 9.8/10
Secondary
Whytecliff Agile Learning Centre (Burnaby): 0.28 km

Closest Transit

Bus Stop
Westbound Canada Way @ Smith Ave: 0.11 km
Skytrain
Skytrain @ Gilmore Stn: 1.19 km

Crime Rate

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

Demographics

Post-Secondary Education: Average 27.3%
No Certificate/Degree: Above Average 16.4%
Owner Occupied: Below Average 52.9%
Employment Rate: Average 60.6%

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

71 / 100

Overall sell-speed score

Likely within weeks

A+

Price competition grade

Avg comparable: $760,517

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.19 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 CENTRAL BN compares

This property

57 DOM

Slower than area

Central BN avg

41 DOM

Average

Burnaby avg

41 DOM

Faster market

409 3255 Smith Avenue has a sell-speed score of 71/100, placing it in the "Expected to sell within weeks" band. The listing is priced 29.1% below comparable active properties in Central BN, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 12.7% and an area average of 41 days on market — conditions are balanced. With only 551 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V5G 0B5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5G 0B5, 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 B / Good

Annual avg PM2.5 5.3 µg/m³ — meets Canada's CAAQS. Nearest station: North Vancouver Second Narrows, North Vancouver (~5.2 km). Annual avg AQHI 1.9 — 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 (16 nearby)

Crest and crown · 39 m · Beauty Shop
Sculpture nails and spa · 42 m · Beauty Shop
Canada post · 56 m · Post Office

Restaurants (16 nearby)

Nu sushi bar · 48 m · Restaurant
Agra tandoori restaurant · 68 m · Restaurant
Argo greek · 76 m · Restaurant

Healthcare (3 nearby)

Burnaby guardian pharmacy · 247 m · Healthcare
Guardian · 569 m · Healthcare
Sunset pharmacy · 598 m · Healthcare

Cafes (2 nearby)

Starbucks · 250 m · Cafe
Mom's cafe · 657 m · Cafe

Groceries (1 nearby)

7-eleven · 46 m · Convenience

Transit (1 nearby)

Bus stop eastbound henning dr @ 3800 block · 996 m · Transit

Schools NearBy

30 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Whytecliff Agile Learning Centre-Burnaby	Independent	Grades Served —	Catchment Info —	10.0 / 10	Distance 279 m
Vancouver Christian School	Independent	Grades Served K-6	Catchment Info —	9.1 / 10	Distance 623 m
Vancouver Christian	Independent	Grades Served —	Catchment Info —	9.1 / 10	Distance 630 m
Cascade Heights Elementary	Public	Grades Served K-7	Catchment Info In Catchment	6.7 / 10	Distance 1.01 KM
Renfrew Community Elementary School	Public	Grades Served K-7	Catchment Info —	6.6 / 10	Distance 1.03 KM
Graham Bruce Community Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 1.46 KM
Windermere Community Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 1.54 KM
Nootka Community Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.61 KM
St.Jude's School	Independent	Grades Served K-7	Catchment Info —	9.8 / 10	Distance 1.65 KM
Sir Wilfred Grenfell Community School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.69 KM
Sir Wilfred Grenfell Community	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 1.70 KM
Moscrop Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	7.4 / 10	Distance 1.70 KM
Coquitlam College - Brookmere Secondary	Independent	Grades Served —	Catchment Info —	N/A	Distance 1.79 KM
École Inman Elementary	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.80 KM
Kitchener Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.99 KM
Norval-Morrisseau	Public	Grades Served —	Catchment Info —	N/A	Distance 2.21 KM
Westside Montessori Academy	Independent	Grades Served K-7	Catchment Info —	9.1 / 10	Distance 2.22 KM
Collingwood Neighbourhood School	Public	Grades Served K-3	Catchment Info —	N/A	Distance 2.25 KM
Vancouver Technical Secondary	Public	Grades Served —	Catchment Info —	7.1 / 10	Distance 2.35 KM
Lord Beaconsfield Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.40 KM
Chaffey-Burke Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.56 KM
Chief Maquinna Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.67 KM
Brentwood Park Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.67 KM
John Norquay Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.68 KM
Holy Cross School	Independent	Grades Served —	Catchment Info —	7.1 / 10	Distance 2.71 KM
Holy Cross Elementary School	Independent	Grades Served K-7	Catchment Info —	10.0 / 10	Distance 2.72 KM
Douglas Road Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 2.84 KM
Alpha Secondary	Public	Grades Served —	Catchment Info —	7.0 / 10	Distance 2.88 KM
Gilpin Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.88 KM
Notre Dame Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	7.8 / 10	Distance 2.97 KM

Pre-computed routes from 409 3255 Smith Ave, Burnaby, BC

409 3255 Smith Ave, Burnaby, BC Gilmore 1.2 km

33 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Gilmore → Waterfront
33 min
Metrotown, Burnaby via Gilmore → Metrotown
33 min
SFU Burnaby via Gilmore → Production Way
26 min
Richmond Centre via Gilmore → Brighouse
58 min
YVR Airport via Gilmore → YVR-Airport
59 min

By car (off-peak)

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

Calculate your commute

409 3255 Smith Ave, Burnaby, BC is ideally located for commuters. The property is 1.2 km from Gilmore, with a 33 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Canada Way @ Smith Ave (0.11 km).

Mortgage Calculator for 409 3255 Smith Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $166

Maintenance fee 337.8

Based on a 30-year fixed at 4% interest with 20% down ($117,800), the estimated monthly payment for this listing is $2,754/month — $2,250 principal & interest, $166 property tax, $338 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

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

At an estimated rental income of $2,147/month, this property runs a $665/month shortfall after mortgage and carrying costs. Break-even requires approximately 44% down.

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

Estateblock Rent Estimate for 409 3255 Smith Avenue, Burnaby

Buy Vs Rent Calculator

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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.