Property Type: Condo / ApartmentOwnership: Strata

313 5450 EMPIRE DRIVE

Burnaby, BC V5B1N4

$445,000

2 bed2 bath1 parking870 sqftBuilt 1974
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Amenities

Also listed: Shared Laundry

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$596/mo
Annual property tax
$1,494.58 (2025)

Interior

Heating
Hot Water
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3156799
Listed
August 18, 2026
Time on market
On the market for 13 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty · Data source: CREA DDF.

Description

Freshly renovated and completely move-in ready, this spacious 2 bed, 2 bath, top floor unit offers serious value in a prime North Burnaby location. Tucked away on the quiet side of the building, this unit feels private and surrounded by greenery, with newly updated sliding doors opening onto a large north facing patio framed by trees and blooming rhododendrons.(Some Photos virtually staged.) The home has been thoughtfully refreshed throughout with updates that expose a clean, turnkey feel that makes it easy to settle right in. The layout is both cozy and functional, with a large primary bedroom with its own ensuite. Small Dogs and cats allowed. Underground parking and storage. Steps to Eileen Dailly Rec Centre. and transit to SFU outside the front door. Easy to show by appointment. (id:63159)

Values & Trends

This listing

$511/sqft

Building average

No other active listings in this building

Burnaby average

$865/sqft

1019 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Burnaby

Monthly figures from the Fraser Valley Real Estate Board for Burnaby apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$704,600

Jul 2026

Average Sale Price

$660,187

Jul 2026

Monthly Sales

170

Jul 2026

Active Listings

1,097

Jul 2026

Sales-to-Active Ratio

16.0%

Jul 2026

Median Days to Contract

30 days

Jul 2026

MLS® HPI Benchmark Price

$805,900
$700,500
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Vancouver

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

249,125

(2021 Census)

+7% since 2016

Density: 2,750.6/km²

Dwellings: 107,046

Median household income: $83,000

After-tax: $73,500

Immigrant population: 50.4%

Top countries of origin (% of total population)

  • China12.4% · 30,860
  • Philippines4.5% · 11,235
  • Hong Kong4.4% · 11,010
  • Taiwan3.1% · 7,750
  • India3% · 7,540
  • Korea, South2.6% · 6,380
  • Viet Nam1.4% · 3,380
  • Iran1.3% · 3,210

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

44

5/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Capitol Hill ElementaryElementary387 m
Confederation Park ElementaryElementary877 m
Aubrey ElementaryElementary886 m
Burnaby North SecondarySecondary944 m
Holy Cross Elementary School(Independent)Elementary1.2 km
Brentwood Park ElementaryElementary1.2 km
Alpha SecondarySecondary1.2 km
Parkcrest ElementaryElementary1.5 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Westbound Hastings St @ Howard Ave33 m
Eastbound Hastings St @ Howard Ave119 m
Eastbound Hastings St @ Springer Ave193 m
Westbound Hastings St @ Holdom Ave214 m
Westbound Hastings St @ Holdom Ave242 m

Nearby Places

Restaurants (5+)

  • La Forchetta · 5601 Hastings Street191 m
  • Sushi Giwa · 5625 Hastings Street224 m
  • Olove Greek Kitchen · 5931 Hastings Street492 m
  • Nemo Sushi · 5935 Hastings Street508 m
  • Pho 101 · 5937 Hastings Street520 m

Cafes (3)

  • Kory's Coffee · 5608 Hastings Street213 m
  • Tim Hortons · 6123 Hastings Street715 m
  • Vegas Donuts · 4775 Hastings Street752 m

Grocery (1)

  • No Frills · 4762 Hastings Street785 m

Parks (5+)

  • Dynes Park50 m
  • George Green Park465 m
  • PARK_B697 m
  • PARK_A719 m
  • Kensington Park744 m

Gyms (3)

  • Beyond boxing · 5552 Ellesmere Avenue172 m
  • Capitol Hill Athletics · 5605 Hastings Street201 m
  • Advantage fitness · 5680 Hastings Street252 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$356,000.00
Periodic payment — Principal & Interest (monthly)$2,296.79
Additional monthly expenses (strata, tax, utilities, etc.)$764.98
Total monthly cost$3,061.77
Interest paid over 5-yr term$102,030.62
Balance at end of term$320,223.15

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,250
Stress test qualifying rate8.09%
Payment you must qualify for$3,250.80

Cash Needed at Closing

Minimum down payment$22,250
Estimated BC PTT$6,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,650

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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