Property Type: Condo / ApartmentOwnership: Strata

701 6463 SILVER AVENUE

Burnaby, BC V5H0K4

$548,000

1 bed1 bath1 parking462 sqftBuilt 2022
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Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$288/mo
Annual property tax
$1,669.52 (2025)

Interior

Heating
Heat Pump
Fireplace
None

Exterior & Lot

View
View

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®
R3136688
Listed
June 16, 2026
Time on market
On the market for 76 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: LeHomes Realty Premier · Data source: CREA DDF.

Description

Maywood on the Park by In Tracorp features a one-bedroom with a smart layout and Bosch appliances. It's one of the most affordable new condos in Metrotown, just steps from shopping, transit, schools, and more. Includes one parking spot and a locker, making it an ideal choice for first-time buyers and investors alike-you won't want to miss out. Open house August 1st from 11:am to 1:pm (id:63159)

Values & Trends

This listing

$1,186/sqft

Building average

$1,051/sqft

6 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

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

70

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
Maywood Community ElementaryElementary579 m
Burnaby Youth Hub Secondary ProgramElementary821 m
South Slope ElementaryElementary1.0 km
Chaffey-Burke ElementaryElementary1.0 km
École Marlborough ElementaryElementary1.3 km
Suncrest ElementaryElementary1.3 km
Nelson ElementaryElementary1.4 km
Champlain Heights Community ElementaryElementary1.6 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
Metrotown Station @ Bay 10225 m
Metrotown Station @ Bay 11243 m
Metrotown Station @ Platform 2243 m
Northbound Willingdon Ave @ Maywood St250 m
Metrotown Station @ Platform 1250 m

Nearby Places

Restaurants (5+)

  • Fortune Katsu · 4386 Beresford Street163 m
  • bb.q Chicken · 4418 Beresford Street171 m
  • L'OTUS Cake Boutique · 4352 Beresford Street245 m
  • Neptune Seafood Restaurant267 m
  • Neptune Noodle Bar · 4405 Central Boulevard274 m

Cafes (5+)

  • Hey I am Yogost · 4438 Beresford Street179 m
  • Sharetea185 m
  • Coffee Loft · 4462 Beresford Street219 m
  • Estea Cafe · 4466 Beresford Street231 m
  • Tim Hortons · 6200 McKay Avenue254 m

Grocery (5+)

  • 大統華 T&T Supermarket · 4800 Kingsway511 m
  • Real Canadian Superstore · 4700 Kingsway514 m
  • Walmart Supercentre · 4545 Central Boulevard515 m
  • PriceSmart Foods · 4650 Kingsway577 m
  • Save-On-Foods · 4469 Kingsway718 m

Parks (5+)

  • Maywood Park97 m
  • Kinnee Park260 m
  • Burnaby Civic Square334 m
  • Unnamed · 5848 Olive Avenue740 m
  • Bonsor Park789 m

Shopping (3)

  • Unnamed · 4500 Kingsway493 m
  • Metropolis at Metrotown · 4700 Kingsway589 m
  • Muji · 4700 Kingsway692 m

Gyms (5+)

  • Vivian Beauty Spa · 4500 Kingsway442 m
  • Physio Collective · 6055 Silver Drive463 m
  • Unnamed465 m
  • Orangetheory Fitness · 6076 McKay Avenue478 m
  • Lin Spa · 4500 Kingsway496 m

Pharmacies (5+)

  • Pharmasave · 4390 Beresford Street163 m
  • Rexall · 6200 McKay Avenue301 m
  • Crystal Pharmacy · 4500 Kingsway452 m
  • Walmart Pharmacy · 4545 Central Boulevard522 m
  • Shoppers Drug Mart · 4800 Kingsway546 m

Banks & ATMs (5+)

  • Beem Credit Union · 6200 McKay Avenue291 m
  • Instacoin ATM352 m
  • CIBC · 4700 Kingsway386 m
  • BMO · 6023 Silver Drive510 m
  • Unnamed546 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($29,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$438,400.00
Periodic payment — Principal & Interest (monthly)$2,828.41
Additional monthly expenses (strata, tax, utilities, etc.)$450.13
Total monthly cost$3,278.53
Interest paid over 5-yr term$125,646.70
Balance at end of term$394,342.22

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,800
Stress test qualifying rate8.09%
Payment you must qualify for$3,984.78

Cash Needed at Closing

Minimum down payment$29,800
Estimated BC PTT$8,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,260

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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