Property Type: Condo / ApartmentOwnership: Strata

3707 4508 HAZEL STREET

Burnaby, BC V5H0E4

$968,000

2 bed2 bath1 parking936 sqftBuilt 2015
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Amenities

Gym

Also listed: Recreation Centre, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$673/mo
Annual property tax
$2,967.41 (2025)

Interior

Heating
Heat Pump, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
View
Waterfront
Waterfront
Pool
Indoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
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®
R3127528
Listed
May 25, 2026
Time on market
On the market for 98 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal Pacific Riverside Realty Ltd. · Data source: CREA DDF.

Description

THE SOVEREIGN - Burnaby's iconic prestige address in the heart of Metrotown. This NW corner residence offers spectacular 270° panoramic views spanning the Gulf Islands, Vancouver Island, Downtown, North Shore mountains and beyond. Luxurious finishings throughout with a gourmet kitchen featuring high-end Miele appliances, gas cooktop and granite countertops. Enjoy world-class amenities, hotel-style convenience with Element By Marriot below, and steps to shopping, dining, SkyTrain and urban lifestyle. A rare view home in one of Metrotown's most sought-after towers. Book your private showing today! (id:63159)

Values & Trends

This listing

$1,034/sqft

Building average

$1,063/sqft

4 active listing(s)

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

17°C

Clear

Humidity 100%

Wind WNW 13 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

85

8/9 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
Chaffey-Burke ElementaryElementary395 m
École Marlborough ElementaryElementary918 m
Maywood Community ElementaryElementary919 m
Burnaby Youth Hub Secondary ProgramElementary1.1 km
École Inman ElementaryElementary1.4 km
Moscrop SecondarySecondary1.5 km
South Slope ElementaryElementary1.6 km
Nelson ElementaryElementary1.8 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 Kingsway @ Willingdon Ave111 m
Southbound Willingdon Ave @ Kemp St171 m
Southbound McKay Ave @ Kingsway176 m
Eastbound Kingsway @ McKay Ave203 m
Northbound Willingdon Ave @ Grafton St205 m

Nearby Places

Restaurants (5+)

  • Trattoria Italian Kitchen · 4501 Kingsway52 m
  • Gokudo Shabu Shabu Hot Pot · 4501 Kingsway61 m
  • Erbil Restaurant · 4500 Kingsway103 m
  • Horin Ramen · 4500 Kingsway114 m
  • Hanju116 m

Cafes (5+)

  • Chicha San Chen · 4501 Kingsway26 m
  • Starbucks70 m
  • Matcha Tea Lab · 4500 Kingsway128 m
  • Macu Tea · 4429 Kingsway157 m
  • Money Tea · 4500 Kingsway190 m

Grocery (5+)

  • Save-On-Foods · 4469 Kingsway77 m
  • PriceSmart Foods · 4650 Kingsway238 m
  • Real Canadian Superstore · 4700 Kingsway412 m
  • Walmart Supercentre · 4545 Central Boulevard695 m
  • 大統華 T&T Supermarket · 4800 Kingsway698 m

Parks (5+)

  • Old Orchard Park306 m
  • Burnaby Civic Square345 m
  • Unnamed · 5848 Olive Avenue394 m
  • Kinnee Park591 m
  • Unnamed766 m

Shopping (3)

  • Unnamed · 4500 Kingsway181 m
  • Metropolis at Metrotown · 4700 Kingsway581 m
  • Muji · 4700 Kingsway706 m

Gyms (5+)

  • GoodLife Fitness · 4501 Kingsway29 m
  • Crystal Point147 m
  • Lin Spa · 4500 Kingsway185 m
  • Ping Ping208 m
  • Unnamed217 m

Pharmacies (5+)

  • Shoppers Drug Mart · 4429 Kingsway107 m
  • Crystal Pharmacy · 4500 Kingsway226 m
  • Metrocare Pharmacy · 4649 Kingsway297 m
  • Rexall · 6200 McKay Avenue400 m
  • The Medicine Shoppe · 4277 Kingsway458 m

Banks & ATMs (5+)

  • CTBC Bank · 4501 Kingsway77 m
  • Unnamed107 m
  • RBC · 4370 Kingsway204 m
  • BMO · 6023 Silver Drive242 m
  • TD · 4630 Kingsway262 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($71,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$774,400.00
Periodic payment — Principal & Interest (monthly)$4,996.17
Additional monthly expenses (strata, tax, utilities, etc.)$967.38
Total monthly cost$5,963.55
Interest paid over 5-yr term$221,945.27
Balance at end of term$696,575.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$71,800
Stress test qualifying rate8.09%
Payment you must qualify for$6,891.46

Cash Needed at Closing

Minimum down payment$71,800
Estimated BC PTT$17,360
Legal / closing costs (typical estimate)$1,500
Total cash needed$90,660

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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