CAN YOU STILL FIND REAL ESTATE BARGAINS IN BURNABY...THIS REPORT SAYS YES...

A real estate bargain in Burnaby isn’t always just about how low the price is. In this mid-month roundup of Burnaby’s bargain listings by roomvu , these are listed well below government assessed value, are under $1 million, and fresh on the market. A real estate bargain in Burnaby isn’t always just about how low the price is.In this mid-month roundup of Burnaby’s bargain listings by roomvu, these are listed well below government assessed value, are under $1 million, and fresh on the market.It’s the cream of the crop of home deals.How it works is the B.C. government analyzes and gives a price based on each property’s factors like size, layout, shape, age, neighbourhood, the condition of the property and more.When listing prices appear lower than as compared to government value, these incredible value-for-money homes set off alarm bells, demanding to be seen and bought.The first one on the list, for example, is listed at 20% below assessed value.So here the bargains listed between Nov. 1-17 in Burnaby:

1802 2388 MADISON AVENUE: $629K (20% below assessed value)
This is a 2 bedrooms, 2 bathroom Condo is listed for sale by agent Victor Beiof Royal Pacific Realty (Kingsway) Ltd. . They are asking $629900 while the assessed value for this property is $789000 .This property features:Fulton House By Polygon is located in a quiet area of Brentwood in North Burnaby but near the Brand-new Brentwood town center and sky train station. This south facing unit has plenty of light, great floor plan that includes 2 bedrooms and 2 bathrooms area side from each other. Custom cabinetry, 5 burner gas cook top, as well as gas stove, A convenient island in the gourmet kitchen. The larger balcony with panoramic view all the way to the Metrotown is also a plus. The Fulton Club features a 28000 sqft fitness area, yoga studio, outdoor pool, hot tub, sauna, lough, BBQ and more. It has everything you wish for, come check it out. Price to sell.

4001 4880 BENNETT STREET: $899K (11% below assessed value)This is a 2 bedrooms, 2 bathroom Condo is listed for sale by agent Zoe Yuan PREC*of Pacific Evergreen Realty Ltd. . They are asking $899000 while the assessed value for this property is $1008000 .This property features:luxurious high-rise living built by polygon in Metrotown centre location. two bedroom plus den with two full bathroom and two big balconies corner unit has perfect 270 degree views as mountain, city and lake.

2401 2388 MADISON AVENUE: $845K (7% below assessed value)This is a 2 bedrooms, 2 bathroom Condo is listed for sale by agent Nancy Wei PREC*of Royal Pacific Realty Corp. They are asking $845900 while the assessed value for this property is $914000 .This property features:Fulton House by Polygon in Brentwood Mall area, Southeast facing corner unit features 2 bedrooms,2bathrooms with gorgeous view. High ceilings in living areas. Gourmet kitchens features gleaming engineered stone countertops, S/S appliances and a functional central island. Enjoy a resort-inspired swimming pool and hot tub, Steps to restaurants, shoppings, theatre and more. A few minutes walk to skytrain station. Bright corner unit with unobstructed views east from one patio and south from the other patio. City view- Brentwood and Metrotown; Mountain view- SFU and Mt. Baker. Large parking spot by the elevator Upgraded closets 1 locker; Large storage.

9 4033 DOMINION STREET: $749K (7% below assessed value)This is a 2 bedrooms, 3 bathroom Condo is listed for sale by agent Frederick Moyof Sutton Centre Realty . They are asking $749900 while the assessed value for this property is $809000 .This property features:Welcome to Parkview townhouse development located in the popular yet private Burnaby Hospital/Cascade heights location. Situated next to Broadview Park at the end of the cul de sac, Parkview is for those who enjoy their privacy yet still have the amenities, elementary & high schools all close to home. 18 strata titled homes in a 1 & 2 level configuration, 9' ceilings in the main living area, SS appliance package, private H/W tank, R/I alarm system, electric fire place and a lively bright decor that highlights the entire home. This incredibly well laid out 2 level home is townhouse living at its finest & facing quiet Dominion St. Ready to move in today and available for showings at any time with reasonable notice.

2803 9888 CAMERON STREET: $488K (4% below assessed value)This is a 1 bedrooms, 1 bathroom Condo is listed for sale by agent Diana Amorosoof Sutton Group-West Coast Realty. They are asking $488800 while the assessed value for this property is $511000.This property features:Look no further, prestigious SILHOUETTE. Perfectly nestled between Burnaby and the Coquitlam border. Close to transit including Skytrain, shopping, golf course, restaurants and much more. This is the perfect unit from the stunning180* views that can be enjoyed from the lovely west facing balcony to the open concept layout with kitchen and breakfast island overlooking large dining and living room. Bedroom is spacious and offers slider doors to balcony and cheater ensuite. Unit offers one parking and one storage locker. Amenities include; gym, club house, caretaker and a guest suite. 

Burnaby Now Nov 21, 2020 Ref Staff Reporter