502 4105 IMPERIAL STREET
Burnaby, BC V5J1A6
$488,888
Amenities
Also listed: Shared Laundry
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $590/mo
- Annual property tax
- $1,397 (2026)
Interior
- Heating
- Baseboard heaters, Hot Water
- Fireplace
- None
Exterior & Lot
- Pool
- Indoor pool
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground
Restrictions & Policies
- Pets
- Not allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- R3157213
- Listed
- August 19, 2026
- Time on market
- On the market for 12 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: Macdonald Realty Westmar · Data source: CREA DDF.
Description
Welcome to "Somerset House". Bright layout at a great corner suite across the street from Central Park, and a short walk to Metrotown. This two bedroom unit has been owner occupied therefore very well kept although original. Solid concrete building and generous size balcony facing S.E. looking over green & city. Priced to sell and allow you to design your own brilliant style for living. School at Maywood Elementary & Burnaby South or French at Marlborough & Moscrop. (id:63159)
Values & Trends
This listing
$609/sqft
Building average
—
No other active listings in this building
Burnaby average
$865/sqft
1019 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Vancouver
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
30
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
| School | Type | Distance |
|---|---|---|
| Suncrest Elementary | Elementary | 885 m |
| Maywood Community Elementary | Elementary | 907 m |
| South Slope Elementary | Elementary | 943 m |
| Burnaby Youth Hub Secondary Program | Elementary | 1.1 km |
| Champlain Heights Community Elementary | Elementary | 1.2 km |
| Dr H N Maccorkindale Elementary | Elementary | 1.4 km |
| Chaffey-Burke Elementary | Elementary | 1.4 km |
| Nelson Elementary | Elementary | 1.5 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
| Stop | Type | Distance |
|---|---|---|
| Northbound Willingdon Extension @ Imperial St | — | 31 m |
| Southbound Patterson Ave @ Imperial St | — | 89 m |
| Westbound Imperial St @ Patterson Ave | — | 98 m |
| Westbound Imperial St @ McKay Ave | — | 193 m |
| Southbound Willingdon Ave @ Maywood St | — | 243 m |
Nearby Places
Restaurants (5+)
- Club Salmon · 4394 Imperial Street483 m
- L'OTUS Cake Boutique · 4352 Beresford Street613 m
- Fortune Katsu · 4386 Beresford Street621 m
- bb.q Chicken · 4418 Beresford Street639 m
- SoBu · 4498 Beresford Street728 m
Cafes (5+)
- Sharetea609 m
- Hey I am Yogost · 4438 Beresford Street645 m
- Coffee Loft · 4462 Beresford Street673 m
- Estea Cafe · 4466 Beresford Street681 m
- Tim Hortons · 6200 McKay Avenue717 m
Parks (5+)
- Maywood Park374 m
- Kinnee Park518 m
- Central Park704 m
- David Gray Park · 7480 McKay Avenue752 m
- Burnaby Civic Square754 m
Pharmacies (2)
- Pharmasave · 4390 Beresford Street624 m
- Rexall · 6200 McKay Avenue763 m
Banks & ATMs (2)
- Instacoin ATM446 m
- Beem Credit Union · 6200 McKay Avenue759 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($24,444) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.