Property Type: Detached HouseOwnership: Freehold

4740 ALBERT STREET

Burnaby, BC V5C2G9

$2,449,900

5 bed3 bath2 parking2,406 sqftBuilt 2024
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Open House

Sunday, September 6

2:00 PM4:00 PM

Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
4,026 square feet
Frontage
33 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,896.01 (2025)

Interior

Heating
Heat Pump, Forced air
Fireplace
Yes (1)

Building

Parcel ID (PID)
003-210-375

Parking

Total spaces
2 — covered indicated
Features
Garage, Carport

Listing Information

MLS®
R3140923
Listed
June 29, 2026
Time on market
On the market for 63 days
Tax assessment year
2025
Data last synced
September 1, 2026

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

Description

Situated in Burnaby´s prestigious Capitol Hill neighbourhood, this exceptional 2-year-old custom home blends luxury, craftsmanship, and modern design. A proud 3-time HAVAN Award winner, the residence features premium materials and high-end interior and exterior finishes throughout. Designed for seamless indoor-outdoor living, the main level opens to a stunning covered pergola off the kitchen, perfect for year-round entertaining. A fully self-contained 1-bedroom suite offers flexibility for in-laws, guests, or mortgage-helper potential. Minutes to parks, shopping, transit, and top schools. This home also offers many additional details and thoughtfully designed spaces that truly must be experienced in person to fully appreciate. (id:63159)

Values & Trends

This listing

$1,018/sqft

Building average

No other active listings in this building

Burnaby average

$826/sqft

466 active listing(s)

Parking: 2 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.

Detached (House) Market Stats — Burnaby

Monthly figures from the Fraser Valley Real Estate Board for Burnaby detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,863,900

Jul 2026

Average Sale Price

$1,987,969

Jul 2026

Monthly Sales

49

Jul 2026

Active Listings

463

Jul 2026

Sales-to-Active Ratio

11.0%

Jul 2026

Median Days to Contract

37 days

Jul 2026

MLS® HPI Benchmark Price

$2,170,100
$1,800,300
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

70

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
Confederation Park ElementaryElementary151 m
Alpha SecondarySecondary673 m
Rosser ElementaryElementary788 m
Brentwood Park ElementaryElementary1.2 km
Fawkes Academy(Independent)K-121.2 km
Capitol Hill ElementaryElementary1.2 km
Holy Cross Elementary School(Independent)Elementary1.3 km
Gilmore Community ElementaryElementary1.3 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 @ Gamma Ave71 m
Eastbound Hastings St @ Beta Ave98 m
Northbound Gamma Ave @ Albert St130 m
Southbound Gamma Ave @ Pandora St149 m
Northbound Gamma Ave @ Pandora St203 m

Nearby Places

Restaurants (5+)

  • Sushi Bar Kilala · 4749 Hastings Street74 m
  • Socrates in the Heights · 4651 Hastings Street163 m
  • Song Huong · 4660 Hastings Street166 m
  • X-Site Grill & Bistro · 4625 Hastings Street218 m
  • North King Noodle House · 4621 Hastings Street229 m

Cafes (5+)

  • Chez Christophe · 4717 Hastings Street56 m
  • Vegas Donuts · 4775 Hastings Street105 m
  • Chatime · 4569 Hastings Street328 m
  • Gabi & Jules Homemade Pies · 4568 Hastings Street358 m
  • Joju Hotpot · 4544 Hastings Street395 m

Grocery (3)

  • No Frills · 4762 Hastings Street122 m
  • Burnaby Heights Persian Market and Halal Meats · 281 Willingdon Avenue513 m
  • Safeway · 4440 Hastings Street596 m

Parks (2)

  • Confederation Park602 m
  • Capitol Hill Reservoir Park · 229 North Hythe Avenue692 m

Gyms (3)

  • The Next Step Training Centre · 4680 Hastings Street140 m
  • Orangetheory Fitness · 4588 Hastings Street334 m
  • Avanti Athletics · 406 Willingdon Avenue483 m

Pharmacies (3)

  • Capitol Hill Pharmacy · 4656 Hastings Street179 m
  • We Care Pharmacy · 4473 Hastings Street556 m
  • Pharmasave · 4367 Hastings Street717 m

Banks & ATMs (5+)

  • BMO · 4734 Hastings Street94 m
  • Community Savings · 4590 Hastings Street326 m
  • Bitcoin ATM Localcoin · 281 Willingdon Avenue514 m
  • GVC Credit Union · 4493 Hastings Street526 m
  • BlueShore Financial · 4403 Hastings Street688 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($489,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,959,920.00
Periodic payment — Principal & Interest (monthly)$12,644.74
Additional monthly expenses (strata, tax, utilities, etc.)$611.33
Total monthly cost$13,256.07
Interest paid over 5-yr term$561,718.71
Balance at end of term$1,762,954.38

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$489,980
Stress test qualifying rate8.09%
Payment you must qualify for$15,071.10

Cash Needed at Closing

Minimum down payment$489,980
Estimated BC PTT$51,497
Legal / closing costs (typical estimate)$1,500
Total cash needed$542,977

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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