Home Burnaby, BC Metrotown Chancellor 702 4880 Bennett Street

702 4880 Bennett St, Burnaby BC V5H 0C1 – Condo for Sale – MLS® R3166869

702 4880 Bennett Street, Burnaby, British Columbia V5H 0C1

Burnaby Condos for Sale

57 days on the market

$699,000

Est. monthly cost $3,556/mo

Updated with MLS® - Nov 12, 2026 at 12:25am

2 Beds

2 Baths

930 sqft

752 $ /sqft

517.09 $ Maint. fee

2013 built

Photos

Priced to SELL ($752/sft)!! Welcome to this prestigious NW facing corner unit at Chancellor by Polygon in the heart of Metrotown. This bright 930' two bedroom plus a 120'huge patio comes with a functional layout and move in ready. The open-concept kitchen features high-end stainless steel appliances, perfect for daily living and entertaining. Highlights include 8'5 ceilings, and quality flooring. Steps to Metrotown Shopping Centre, SkyTrain, Bonsor Recreation Complex, parks, dining, clinics, and schools. Ideal for luxury living or premium investment. Open house this sat/sun (Oct 10/11th) 2-4pm

Building 25 fields Inside & out 12 fields Lot & land 7 fields

Building Details

Price	$699,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	930
Year Built	2013
Age Of Building	13
Building Type	Apartment/Condo
Unit Style	Corner unit
Property Type	Residential
Stories	1
Building Amenities	Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal
Ownership Type	Freehold Strata
Maintenance Fee	$517.09
Community Features	Shopping Nearby
Amenities Nearby	Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal
Utility Type	Community
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Yes With Restrictions
Units In Development	245

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven
Interior Features	Elevator
Heating Type	Baseboard
Laundry	In Unit
# of Kitchens	1
Flooring	Laminate
Foundation	Block

Exterior Features

Exterior Features	Balcony
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3166869
Area	Burnaby South
Neighbourhood	Metrotown
City	Burnaby
Postal Code	V5H 0C1
Gross Taxes	$2,658.09
Zoning	CD

Property Timeline

Status	Date	Price
R3166869 / Active	09-16-2026	$699,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	10'1 x 10'1 ft
Main Level	Dining Room	9'1 x 9'1 ft
Main Level	Kitchen	11'9 x 11'9 ft
Main Level	Primary Bedroom	10'8 x 10'8 ft
Main Level	Bedroom	9'4 x 9'4 ft
Main Level	Walk-In Closet	4'11 x 4'11 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main Level	No	#3

Listed by: RE/MAX Crest 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: Chancellor

4880 Bennett Street, Metrotown, Burnaby

Chancellor building details

Building

Built: 2013
Homes: 245 in 37 storeys
Construction: Concrete
Title: Freehold Strata
Strata plan: EPS1279
Managed by: First Service Residential
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: Snow removalRecreation FacilityManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

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

Market at Chancellor

For sale: 8
Median ask: $744K
Median $/sqft: $884
Days on market: 84
Sold, past year: 8

This home

$752/sqft, 14.9% below the building median of $884.

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

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

Map, sell speed & climate

SkyTrain 0.64 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 (247 nearby)

Bonsor pharmacy & medical supplies · 43 m · Pharmacy
Zennkai salon · 105 m · Hairdresser
Envy nails · 110 m · Beauty Shop

Restaurants (147 nearby)

Uncle willy's buffet · 94 m · Restaurant
Freshslice pizza · 111 m · Fast Food
Popeyes · 124 m · Fast Food

Cafes (50 nearby)

Coco fresh tea & juice · 129 m · Cafe
Bubble waffle cafe · 151 m · Cafe
Tim hortons · 176 m · Cafe

Groceries (26 nearby)

Uncle tetsu's cheesecake · 174 m · Bakery
Sheffield express · 222 m · Convenience
Maximâs bakery · 306 m · Bakery

Healthcare (13 nearby)

Bonsor pharmacy & medical supplies · 43 m · Healthcare
London drugs · 164 m · Healthcare
Shoppers drug mart · 279 m · Healthcare

Transit (3 nearby)

Skytrain @ metrotown stn station · 636 m · Transit
Skytrain @ royal oak stn station · 741 m · Transit
Bus stop westbound kingsway @ elgin ave · 866 m · Transit

Private Schools

Elementary
St. Francis de Sales: Above Average 2.16 km 8.7/10
Secondary
Whytecliff Agile Learning Centre-Burnaby: Above Average 3.77 km 10/10

Closest Transit

Bus Stop
Westbound Bennett St @ Nelson Ave: 0.05 km
Skytrain
Skytrain @ Metrotown Stn: 0.64 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: $750,165

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.64 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

57 DOM

Average

Metrotown avg

50 DOM

Average

Burnaby avg

50 DOM

Faster market

702 4880 Bennett 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 6.8% below comparable active properties in Metrotown, 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 0C1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5H 0C1, 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 (~1.3 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

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 382 m
Nelson Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 1.09 KM
BC Provincial School For The Deaf Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 1.15 KM
South Slope Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 1.19 KM
Burnaby South Secondary	Public	Grades Served —	Catchment Info —	5.2 / 10	Distance 1.22 KM
Chaffey-Burke Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 1.24 KM
Windsor Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 1.54 KM
Clinton Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.84 KM
Suncrest Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.01 KM
Brantford Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.04 KM
Moscrop Secondary School	Public	Grades Served 8-12	Catchment Info —	7.4 / 10	Distance 2.14 KM
St. Francis de Sales	Independent	Grades Served K-7	Catchment Info —	8.7 / 10	Distance 2.16 KM
École Inman Elementary	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 2.17 KM
Gilpin Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.20 KM
Champlain Heights Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 2.40 KM
Glenwood Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 2.40 KM
Burnaby Central Secondary	Public	Grades Served —	Catchment Info —	6.6 / 10	Distance 2.47 KM
Dr. H. N. MacCorkindale Elementary School	Public	Grades Served K-7	Catchment Info —	6.4 / 10	Distance 2.59 KM
Morley Elementary School	Public	Grades Served K-7	Catchment Info —	4.4 / 10	Distance 2.70 KM
Douglas Road Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 2.82 KM
Champlain Heights Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 2.86 KM
Graham Bruce Community Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.96 KM
Collingwood Neighbourhood School	Public	Grades Served K-3	Catchment Info —	N/A	Distance 2.98 KM

Pre-computed routes from 702 4880 Bennett St, Burnaby, BC

702 4880 Bennett St, Burnaby, BC Metrotown 0.6 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
8 min
Richmond Centre via No. 3 Rd
15 min
YVR Airport via Bridgeport / Sea Island
17 min

Calculate your commute

702 4880 Bennett St, Burnaby, BC is ideally located for commuters. The property is 0.6 km from Metrotown, with a 29 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Bennett St @ Nelson Ave (0.05 km). Walk Score Transit rating: Excellent Transit (85/100).

Walkability & Transit Near 702 4880 Bennett Street

Walker's Paradise 97

Walk Score - Walker's Paradise

Daily errands do not require a car

Excellent Transit 85

Transit Score - Excellent Transit

Transit is convenient for most trips

Very Bikeable 83

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $3,556/month · rent estimate $2,612/month · owning catches up with renting by year 11 · cash flow if rented −$1,132/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 702 4880 Bennett Street

$3,556 /month

Principal & Interest $2,817

Property Taxes $222

Maintenance fee $517

The estimated monthly cost of 702 4880 Bennett Street, Burnaby is $3,556: $2,817 principal and interest with 20% down over 30 years at 4.45%, plus $222 property tax and $517 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

−$1,132 /month

Mortgage Payment $2,817

Monthly Cash Flow −$1,132

Break Even Down Payment 53%

Cap Rate -1.9%

Cash on Cash -9.7%

If 702 4880 Bennett Street, Burnaby were rented at $2,612 a month with 5% vacancy, it would fall $1,132 a month short of the mortgage and carrying costs; about 53% 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 702 4880 Bennett Street, Burnaby

$2,612 / month

Rent $2,612

Own $3,556

Principal: $906/mo Interest, tax, insurance, fees: $2,650/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$758/mo (year 1) → ~$1,764/mo (year 20) → ~$2,631/mo (year 29).

Net cost to own at year 5 ~$2,650/mo About $38/mo more than renting

EstateBlock estimates 702 4880 Bennett Street, Burnaby would rent for about $2,612 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: 702 4880 Bennett Street

Rent vs own

Owning catches up by year 11

With 20% down ($139,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $49,832

Principal paid off by year 10 $112,057

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 702 4880 Bennett Street, Burnaby is cheaper at first, but owning catches up by year 11, with $49,832 of principal paid off by year 5 and $112,057 by year 10.