404 6398 Silver Ave, Burnaby, BC, MLS® R3043901

$610,790
Est. Mortgage /mo

$610,790
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
1 Beds
1 Baths
5 Stories
$ 351.9 Maint. Fee
593 sqft
2023 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

404 6398 Silver Ave, Burnaby, BC | MLS® R3043901 Property Details

Welcome to Sun Tower 2 by Belford Properties, located in the heart of Metrotown, Burnaby. Just steps to the SkyTrain, shopping centres, restaurants, and entertainment. This stylish 1 bed, 1 bath unit features a sleek Bosch kitchen with the innovative iMove pull-down shelving system, and a heated bathroom floor for added comfort. Includes one bicycle storage. Residents enjoy access to the 24,000 sq.ft. Solaris Club with indoor pool, hot tub, badminton court, golf simulator, gym, party room, and more. Urban living at its finest!

General Info

Price $610,790
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 593
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2023
Age Of Building 2
Building Type Apartment/Condo
Property Type Residential
Stories 5
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Day Care, Exercise Centre, Recreation Facilities, Concierge, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R3043901
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Gross Taxes $2,044.15
Ownership Type Freehold Strata
Maintenance Fee $351.9
Community Features Restaurant, Shopping Nearby
Amenities Nearby Bike Room, Day Care, Exercise Centre, Recreation Facilities, Concierge, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Heat Pump
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type Underground, Side Access
Total Parking Spaces -

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning CD
Rental Suites None
# of Kitchens 1
Flooring Hardwood, Mixed, Tile
Foundation Concrete Perimeter
Interior Features Elevator
Locker 1
View 1
View Description CITY
Units In Development 194
Exterior Features Garden, Playground
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Nu Stream Realty Inc.

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
1.8 km
No Rating
Elementary
Maywood Community School
Average
0.51 km
Rating 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
2.42 km
No Rating
Elementary, Secondary
Deer Lake School
2.42 km
No Rating

Closest Transit

Translink
Metrotown Station @ Bay 11
0.13 km
Welcome to 404 6398 Silver Avenue, a beautiful property nestled in the heart of Burnaby, BC. As your trusted realtor, I'm excited to take you on a tour of this stunning neighborhood.
Education

We're proud to have an excellent selection of schools in the area. The property at 404 6398 Silver Avenue is serviced by Maywood Community School, which boasts a 4.5/10 rating and is just a 0.51 km stroll away. This school is a gem, and families love it for its wonderful community spirit. Just down the road, you'll also find Burnaby South Secondary School, rated No Rating, located 1.8 km from this home. For those seeking an independent education, Deer Lake School is the closest elementary option, with a No Rating and located 2.42 km from this home. As for secondary independent education, Deer Lake School is also a great option, with a No Rating and situated 2.42 km from this property.

Safety

According to the latest crime data from Statistics Canada (2020), this neighborhood has a below-average crime rate of 6,145.56, compared to other Canadian cities. In fact, the rate of incidents per 100,000 population is significantly lower than the national average. Year-over-year, the crime rate has seen a remarkable decrease of -11.13%. When it comes to drug-related crimes, this neighborhood is also below average, with a rating of 126.78 and 327 incidents in 2020. As for property crimes, the neighborhood surrounding MLS® R3043901 has an average rating of 3,691.76, with 9,522 incidents in 2020. And, thankfully, violent crime rates are low, with 2,304 incidents in 2020, compared to other BC municipalities.

Lifestyle Amenities

Convenience is key in this neighborhood. The Metrotown Station @ Bay 11 is just a 0.13 km walk from this property, making it an ideal spot for commuters. When it comes to community amenities, you'll find plenty of parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops nearby. This area is a hub of activity, with something for everyone.

Demographics

This neighborhood is a melting pot of cultures, with a high percentage of English and French speakers. In fact, 89.6% of residents speak only English, which is a great indicator of a diverse and vibrant community. When it comes to education, 37.3% of residents hold a university degree, which is higher than the average in BC. However, 10.9% of residents have no certificate or degree, which is lower than the average in BC.

Real Estate Context

The median household income in this neighborhood is $40,425, which is lower than the average in BC. However, the median personal income is $21,262, which is also lower than the average. When it comes to homeownership, 68.9% of households have a mortgage, which is above average. Unemployment rates in this area are average, at 7.6%.

Population Growth

This neighborhood is growing rapidly, with a population change of 34.2% between 2011 and 2016. This is higher than the average growth rate in this region. With a population density of 19,069.9 people per square kilometer, this area is bustling with activity.

Average Home Value

The average value of dwellings in this neighborhood is $550,379, which is above average compared to other areas in British Columbia. Average owner payments are also above average, at $1,378. Tenants pay an average of $1,086 per month, which is average compared to other cities.

Renters vs. Homeowners

76.1% of the population in this neighborhood are renters, which is higher than the average in BC. However, 51% of residents use public transportation, which is high. Only 37.9% of residents use cars, which is lower than average.

Language Spoken

When it comes to language spoken, 3.6% of residents speak English and French, which is low. However, 89.6% of residents speak only English, which is average. 6.8% of residents speak neither English nor French, which is high.

Commute

51% of residents in this neighborhood use public transportation, which is high. 37.9% use cars, which is lower than average. 1.1% use bicycles, which is average, and 9.3% walk, which is above average.

In Conclusion

404 6398 Silver Avenue is a fantastic property in a wonderful neighborhood. With its excellent schools, below-average crime rate,

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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 $610,790
Burnaby $627,051
Metrotown $688,384
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
Thank you Your message has been sent

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