Property Type: Condo / ApartmentOwnership: Strata

604 3740 ALBERT STREET

Burnaby, BC V5C5Y7

$549,900

2 bed1 bath1 parking896 sqftBuilt 1983
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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
$460/mo
Annual property tax
$1,730.37 (2025)

Interior

Heating
Electric
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Not allowed
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®
R3144846
Listed
July 9, 2026
Time on market
On the market for 53 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Oneflatfee.ca · Data source: CREA DDF.

Description

Unlock the endless potential this bright corner home has to offer. Spanning over 900 sq ft, this 2-bedroom, 1-bath residence features a functional open layout, two oversized balconies extending from the living area and bedrooms, and beautiful mountain views. A fantastic opportunity to update and personalize to your own style while adding lasting value. Ideally situated in a sought-after Burnaby neighbourhood close to parks, schools, shopping, restaurants, transit, and major commuter routes. An excellent opportunity for first-time buyers, downsizers, or savvy investors. (id:63159)

Values & Trends

This listing

$614/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

59

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
St. John's Academy(Independent)Secondary97 m
Sir John Franklin CommunityElementary345 m
St. Helen's(Independent)Elementary353 m
Gilmore Community ElementaryElementary717 m
Fawkes Academy(Independent)K-12749 m
Kitchener ElementaryElementary1.1 km
Rosser ElementaryElementary1.1 km
Dr A R Lord ElementaryElementary1.2 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 @ Esmond Ave71 m
Northbound Boundary Rd @ Albert St91 m
Southbound Boundary Rd @ Pandora St141 m
Kootenay Loop @ Bay 8201 m
Kootenay Loop @ Bay 7225 m

Nearby Places

Restaurants (5+)

  • Baci Ristorante · 3728 Hastings Street86 m
  • Green & Oak Malaysian Restaurant · 3760 Hastings Street93 m
  • Phở Pasteur Restaurant · 3853 Hastings Street233 m
  • L'Artista Italian Restaurant · 3891 Hastings Street260 m
  • Thai Princess273 m

Cafes (5+)

  • La Fontana Cafe57 m
  • Rumi Rose Tea · 3660 East Hastings Street175 m
  • In the Moment Coffee · 3601 East Hastings Street226 m
  • Cup & Bun229 m
  • Big Shots Cafe379 m

Grocery (3)

  • Mi Tierra Latina · 3993 Hastings Street419 m
  • Proviland Gtocery · 4047 Hastings Street525 m
  • Sungiven Foods · 4106 Hastings Street631 m

Parks (3)

  • West-Sells Park576 m
  • Adanac Park · 1025 Boundary Road639 m
  • Burnaby Heights Park772 m

Gyms (5+)

  • Anytime Fitness79 m
  • Driftwood Athletics · 3706 Hastings Street103 m
  • Float Sense North Burnaby · 3764 Hastings Street106 m
  • Foundation · 3916 Hastings Street345 m
  • Foundation Fitness346 m

Pharmacies (3)

  • The Medicine Shoppe · 3982 Hastings Street386 m
  • Wescana490 m
  • Gilmore Pharmacy · 320 Gilmore Avenue611 m

Banks & ATMs (4)

  • Bitcoin ATM Localcoin · 3519 East Hastings Street397 m
  • CIBC · 4101 Hastings Street618 m
  • Asom Food Store - Bitcoin Well ATM · 4096 Oxford Street714 m
  • Gulf & Fraser785 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 5.5% ($29,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$439,920.00
Periodic payment — Principal & Interest (monthly)$2,838.21
Additional monthly expenses (strata, tax, utilities, etc.)$649.20
Total monthly cost$3,487.41
Interest paid over 5-yr term$126,082.34
Balance at end of term$395,709.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,990
Stress test qualifying rate8.09%
Payment you must qualify for$3,997.93

Cash Needed at Closing

Minimum down payment$29,990
Estimated BC PTT$8,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,488

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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