708 4988 Bennett St, Burnaby, BC, MLS® R3062461

$999,900
Est. Mortgage /mo

$999,900
Est. Mortgage /mo
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
2 Beds
2 Baths
1 Stories
$ 439.54 Maint. Fee
851 sqft
2025 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

708 4988 Bennett St, Burnaby, BC | MLS® R3062461 Property Details

Step into value without compromise at Riviera, Ledingham McAllister's newest move-in ready tower in the heart of Metrotown. This home is equipped with a built-in security system for peace of mind, in-suite heating and cooling, and full-size appliances. Interiors boast timeless finishes, expansive windows, and a well-designed open concept living area. Situated on the amenity level, enjoy an extended experience to a fitness studio, stylish social lounge, a guest suite, and sprawling outdoor terrace. This spacious 2-bedroom home is move-in ready and available at the best price point for this layout. The Sales Centre will be closed for the holidays from Dec 19 to Jan 3, open by private appointment only. Book an appointment with our Sales Team.

General Info

Price $999,900
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 851
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2025
Age Of Building 0
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Bike Room, Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3062461
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Gross Taxes 0
Ownership Type Freehold Strata
Maintenance Fee $439.54
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal, Water

Heating & Cooling

Fireplace 0
Heating Type Other
Cooling Air Conditioning

Utilities

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

Parking

Parking Type Garage Under Building, Guest, Lane Access, Side Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning CD
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Slab
Interior Features Elevator, Guest Suite
Locker 1
View 1
View Description CITY
Units In Development 288
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Torch-On

Property History

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Status Date Price
Show more

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.

Neighborhood Info

Public Schools

Secondary
Burnaby South Secondary School
1.14 km
Elementary
Maywood Community School
Average
0.55 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
2.01 km
Elementary, Secondary
Deer Lake School
2.01 km

Closest Transit

Bus Stop
Northbound Nelson Ave @ Bennett St
0.11 km
Skytrain
Skytrain @ Royal Oak Stn
0.63 km

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

Welcome to 708 4988 Bennett Street, a beautiful residence in the heart of Burnaby, BC, listed under MLS® R3062461. As we step into this charming community, let's start with the schools that serve this area.

Just a short 0.55 km away from this lovely home is Maywood Community School, rated 4.5/10. This school provides a great foundation for our children's education, and families love this area because of its excellent school district. Additionally, Burnaby South Secondary School is also nearby, located 1.14 km from this property, and it's great to know that our children will have access to quality education right in our own neighborhood.

As parents, you'll want to know about the other educational options available in this area. Deer Lake School, an independent elementary school, is the closest school to this home, located 2.01 km away. This school offers a unique learning experience, and having it nearby is a great advantage for our children's growth and development.

Now, let's talk about the safety of our community. According to the 2020 crime statistics from Statistics Canada, the neighborhood surrounding 708 4988 Bennett Street has a crime rate of 6,145.56, which is below average compared to other Canadian cities. This means our community is relatively safe, and we can enjoy a sense of peace of mind knowing that our property is secure.

Breaking down the crime statistics, we see that drug crime rates are below average, with a rating of 126.78 and 327 incidents in 2020. Property crimes are also average, with a rating of 3,691.76 and 9,522 incidents in 2020. Violent crimes are low, with a rate of 893.28 and 2,304 incidents in 2020. Overall, our community is a great place to live and raise a family.

Now, let's explore the lifestyle amenities that make this area so appealing. We're just a short walk away from the Northbound Nelson Ave @ Bennett St bus station, making it easy to get around the city. This home is also close to various parks, beaches, and trails, perfect for outdoor enthusiasts and nature lovers.

As we walk through the neighborhood, you'll notice a mix of families and renters living in this community. According to the demographics, 38.9% of the population has a university certificate or degree, which is high compared to other BC neighborhoods. On the other hand, 11.2% of the population has no certificate or degree, which is low compared to the average in BC.

In terms of income, the median household income near this dwelling is $39,134, which is low compared to the British Columbia average. However, the median personal income is $18,805, also low compared to the BC average. The percentage of households with a mortgage is 45.4%, which is low.

Unemployment rates in the area are 7%, which is below average compared to other province neighborhoods. This means that our community is relatively stable, and there are plenty of job opportunities available.

As we explore the community further, we see that the population change between 2011 and 2016 was 18.9%, which is high compared to average growth rates in this region. This means that our community is growing, and there's a lot of potential for investment and development.

In terms of transportation, the population density per square kilometer is 10,461.6, which is high. However, 51.3% of the population uses cars, which is low. On the other hand, 33.3% of the population uses public transport, which is high. Additionally, 13.7% of the population walks, which is also high.

Overall, 708 4988 Bennett Street is a great place to call home, offering a mix of excellent schools, safety, lifestyle amenities, and community growth. As an experienced realtor, I can assure you that this property is a great investment opportunity, and I'm happy to answer any questions you may have.

Average dwelling value in this neighborhood is $532,612, which is above average compared to other areas in British Columbia. Average owner payments are average, with owners spending $1,164 on average for their dwellings. Tenants, on the other hand, are paying $1,332 on average, which is high compared to other cities.

Finally, 43.1% of the population in this district are renters, which is above average compared to other BC cities and areas. The percentage of English and French speakers is 3.8%, which is low. However, 82.8% of the population speaks only English, which is below average. On the other hand, 13.4% of the population speaks neither English nor French, which is high.

As we conclude our

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $999,900
Burnaby $861,096
Metrotown $918,235
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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