Property Type: Condo / ApartmentOwnership: Strata

411 3255 SMITH AVENUE

Burnaby, BC V5G0B5

$599,999

1 bed1 bath1 parking694 sqftBuilt 2012
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$325/mo
Annual property tax
$1,816.57 (2025)

Interior

Heating
Electric, Natural gas
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed

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

Listing Information

MLS®
R3135985
Listed
June 15, 2026
Time on market
On the market for 77 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

Welcome to Panacasa! This bright 1 bed, 1 bath home features an open-concept living/dining area with cozy gas fireplace & oversized windows. The airy kitchen opens to a breakfast bar with extra storage & a generously sized bedroom. The sunny south-facing balcony is perfect for summer lounging too. Short-term rentals (Airbnb) permitted - a rare investment-friendly opportunity. Building amenities include games room, exercise room, kids play area & landscaped courtyards. Unbeatable location minutes to Brentwood Mall, Save-On-Foods, Costco, Deer Lake & Central Park, with BCIT & Burnaby General Hospital nearby. Easy access to Hwy 1 & transit right out front. Well-priced entry into a quality concrete building in a neighbourhood that keeps getting better. Come see for yourself! (id:63159)

Values & Trends

This listing

$865/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

56

7/9 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
Whytecliff Agile Learning Centre-Burnaby(Independent)Secondary275 m
Vancouver Christian(Independent)K-12628 m
Renfrew Community ElementaryElementary953 m
Cascade Heights ElementaryElementary1.0 km
Outlook Secondary ProgramElementary1.2 km
Thunderbird šxʷəxʷaʔəs ElementaryElementary1.3 km
Graham Bruce Community ElementaryElementary1.5 km
Windermere Community SecondarySecondary1.6 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 Canada Way @ Smith Ave115 m
Southbound Smith Ave @ Laurel St122 m
Northbound Smith Ave @ Linwood St159 m
Eastbound Canada Way @ Boundary Rd214 m
Southbound Smith Ave @ Avondale St252 m

Nearby Places

Restaurants (5+)

  • Nu Sushi Bar · 3787 Canada Way48 m
  • Agra Tandoori Restaurant68 m
  • Argo Greek76 m
  • Takara Sushi · 3726 Canada Way190 m
  • Simba's Grill241 m

Cafes (2)

  • Starbucks250 m
  • Mom's Cafe · 3555 Gilmore Way659 m

Grocery (2)

  • Hanna Meats & Grocery · 3822 Sunset Street599 m
  • Walmart Supercentre · 3585 Grandview Highway695 m

Parks (3)

  • Broadview Park262 m
  • Avondale Park292 m
  • Falaise Park · 3434 Falaise Avenue666 m

Gyms (1)

  • Scienced Athletics · 3732 Canada Way171 m

Pharmacies (3)

  • Burnaby Guardian Pharmacy · 3300 Boundary Road248 m
  • Guardian · 3835 Sunset Street569 m
  • Sunset Pharmacy · 3818 Sunset Street598 m

Banks & ATMs (1)

  • TD297 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($35,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,999.00
Periodic payment — Principal & Interest (monthly)$3,096.79
Additional monthly expenses (strata, tax, utilities, etc.)$511.48
Total monthly cost$3,608.27
Interest paid over 5-yr term$137,569.09
Balance at end of term$431,760.65

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$35,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,344.65

Cash Needed at Closing

Minimum down payment$35,000
Estimated BC PTT$10,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,500

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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