In the month of August, a total of 303 properties were sold in Burnaby, including 44 single-family homes, 52 townhouses, and 207 apartments. This indicates a slight decrease in the number of properties sold compared to the peak month of May, which recorded a total of 466 sales. The median selling price for homes in August was $809,000, with an average price of nearly $1.04 million.
Let’s start by analyzing the most and least expensive properties sold last month in Burnaby. The most expensive single-family home sold in August was located at 7533 Haszard St. Situated in the Buckingham Heights neighborhood, this property was sold for $4.31 million. It was originally listed for $4.288 million and had an assessed value of $3.89 million. This European-style mansion, built in 2003, features five bedrooms, seven bathrooms, and a living area of 5,743 square feet on a 15,374 square feet lot.
On the other hand, the least expensive single-family home sold in Burnaby last month was located at 7822 Willard St. Situated in the Big Bend neighborhood, this property was sold for $1.365 million. It was originally listed for $1.385 million and had an assessed value of $1.22 million. Built in 1936, this home offers two bedrooms, one bathroom, and a living area of 809 square feet on an 11,340 square feet lot.
Moving on to townhouses, the most expensive one sold in August was located at 4643 Bond St. in the Forest Glen neighborhood. This townhouse was sold for $2.15 million, with an original listing price of $2.28 million. Unfortunately, the assessed value of this property is not available. Built in 2023, this new duplex townhouse offers four bedrooms, four bathrooms, and a living area of 2,108 square feet.
On the more affordable side, the least expensive townhouse sold in Burnaby in August was located at 103-9134 Capella Dr. in the Simon Fraser Hills neighborhood. This townhouse was sold for $499,999, the same as its original price. Its assessed value was $539,000. Built in 1976, this townhouse features three bedrooms, one bathroom, and a living area of 1,064 square feet.
Lastly, let’s talk about condominiums. The most expensive condo sold in Burnaby in August was located at 4102-4711 Hazel St. in the Forest Glen neighborhood. This condo was sold for $2.069 million, with an original listing price of $2.85 million. Its assessed value was $1.82 million. Built in 2022, this condo offers two bedrooms, three bathrooms, and a living area of 1,605 square feet. Its notable features include a private rooftop terrace and panoramic views.
On the other hand, the least expensive condo sold in Burnaby last month was located at 201-5450 Empire Dr. in the Capitol Hill neighborhood. This condo was sold for $412,500, slightly below its original price of $419,000. Its assessed value was $338,200. Built in 1974, this condo features one bedroom, one bathroom, and a living area of 612 square feet with views of a peaceful courtyard.
These figures provide insight into the real estate market in Burnaby during the month of August, showcasing the range of prices and types of properties that were sold.
Sources:
– Zealty.ca