Welcome to The Newmark! This spacious 3br 2bth corner unit is offered by the original owner & has been meticulously maintained in its original condition. Featuring a functional & well designed layout, this home offers generous living spaces, abundant natural light, excellent privacy, GAS fp & LAUNDRY . Located at Metrotown’s most prestigious neighborhood just steps to Restaurant Row, Metrotown Shopping Mall, Silver City Metropolis, Crystal Mall, Central Park, library & SkyTrain and all essential amenities this neighborhood has to offer. A fantastic opportunity to own a well cared for home in a highly convenient & sought after location. Excellent value for a small family, ideal for first-time home buyers & investors. 1 parking & 1 locker included.
Central Location, Near Golf Course, Recreation Nearby
Interior features
Elevator, Storage
Laundry
In Unit
Community
Shopping Nearby
Additional details
Common interest
Condominium
Main floor (ground)
1,155 ft²
Tax year
2025
Listed by RE/MAX City Realty. Data from BCRES. Last updated Jul 9, 2026, 7:50 AM.
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $139,980 down (20%) on $699,900, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Inventory mix
What this area trades in
Within 3 km of this listing · 900 listings
Condo / Apartment
534
59.3%
Detached
188
20.9%
Townhouse
93
10.3%
Duplex
46
5.1%
Half-duplex
29
3.2%
Other
10
1.1%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Burnaby · 445 dwellings
High-rise apartment390 · 87.6%
Low-rise apartment50 · 11.2%
Single-detached5 · 1.1%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59153495· Burnaby· Transit 90/100 (516m to rapid)· 0.07 km²
Median rent here
$1,740
Owner shelter cost
$830
Renters
37.2%
30%+ on shelter
33.7%
Population (2021)
954
Median age
39.2
Avg household size
2.1
Avg household income
$96,400
Renters
37.2%
Owners
62.8%
Immigrants
65.8%
Post-secondary
64.9%
Avg home value
$725,000
Single status
28.5%
Not in labour force
35.1%
Households with kids
28.9%
Median rent
$1,740
Owner shelter cost
$830
30%+ on shelter
33.7%
Breakdown
Under $5,000
25
5.5%
$5,000 to $9,999
10
2.2%
$10,000 to $14,999
10
2.2%
$15,000 to $19,999
15
3.3%
$20,000 to $24,999
15
3.3%
$25,000 to $29,999
20
4.4%
$30,000 to $34,999
25
5.5%
$35,000 to $39,999
20
4.4%
$40,000 to $44,999
15
3.3%
$45,000 to $49,999
30
6.6%
$50,000 to $59,999
35
7.7%
$60,000 to $69,999
35
7.7%
$70,000 to $79,999
20
4.4%
$80,000 to $89,999
25
5.5%
$90,000 to $99,999
15
3.3%
$100,000 to $124,999
45
9.9%
$125,000 to $149,999
35
7.7%
$150,000 to $199,999
35
7.7%
$200,000 and over
25
5.5%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59153495).
Market story
Rent in Burnaby
Census 2021 avg $1,740/mo here · Vancouver 3BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
