306 - 438 Gamma Avenue, Burnaby, V5C 0J7 — photo 1

$559,000

306 - 438 Gamma Avenue, Burnaby, V5C 0J7
Active
1 Bedrooms 1 Bathrooms 598 sqft Built 2016 Residential

About This Property

Asking $559,000 for an outright sale, or $579,000 with a rent back option providing a 4% net annual return base on the net purchase price, inclusive of tenant replacement, strata fee, internet, hydro, utilities and regular housekeeping. South facing view of Metro Town, close to public transportation and shopping. The property has been very well maintained, move in ready.Open House Mar 29th Sunday 2-4 PM

Storage Locker

Property Details

MLS #

R3069534

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Ownership

Freehold Strata

Zoning

RM3C2

Bedrooms

1

Full Baths

1

Half Baths

0

Kitchens

1

Fireplaces

0

Living Area

598 sqft

Main Floor

598 sqft

Basement

Yes

Stories

4

Year Built

2016

Age

10 years

Roof

Other, Torch-On

Construction

Frame Wood, Brick (Exterior), Concrete (Exterior), Metal Siding

Structure

Multi Family, Residential Attached

Parking Stalls

1

Parking Type

Underground, Guest, Garage Door Opener

Original Price

$579,000

Strata Fee

$454.8/mo

Taxes

$1,745.7/yr

Listed

2025-11-24

MLS Area

Capitol Hill BN

City

Burnaby

Postal Code

V5C 0J7

Subdivision

Gec Burnaby Heights

Features & Finishes

Heating

Electric

Flooring

Laminate · Mixed

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove · Microwave

Laundry

In Unit

Security

Smoke Detector(s)

Windows

Window Coverings

Interior Features

Elevator

Exterior Features

Balcony

Building & Community

Total Units

30

Pets

Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Restrictions

Pets Allowed w/Rest.

Strata Mgmt Co.

CITYVASE MANAGEMENT LTD

Strata Mgmt Phone

604-738-8998

Transit

CLOSE BY

Schools

CLOSE BY

Lot Features

Central Location

Water Source

Public

Sewer

Public Sewer

Utilities

Electricity Connected, Water Connected

Accessibility

Wheelchair Access

Community

Shopping Nearby

Building Amenities

Caretaker · Trash · Maintenance Grounds · Hot Water · Management · Snow Removal

Disclosures

Property Disclosure

Yes

Coordinates: 49.280696, -122.994118 · Map data © Google

5.7

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market19% above market — check if justified
Days on market162 days — significantly stale, strong negotiation position
Price historyPrice dropped 3% from original ask — seller showing motivation
Market conditionsMarket avg 97% — some negotiation room
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$533,537

4.6% below asking price

Negotiation Range

$519,562$541,922

$22,360 spread

$519,562$559,000 ask

Based on 35 recent sales, a starting offer around $533,537 (4.6% below ask) is reasonable. Your negotiation range is $519,562 – $541,922.

What's factored in

Market baseline35 recent Burnaby sales closed at median 97.3% of list price
Price already reducedSeller dropped from 3% off original ask — indicates motivation
Extended market time162 days listed — well above market avg of 148 days, increased negotiation leverage

Based on 35 residential sales in Burnaby (last 60 days) · Updated May 4

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