Metrotown · Burnaby
1 Bedroom Apartment for Rent in Metrotown
$1,200 / month
A 400 ft² one-bedroom in Metrotown, asking $1,200 a month. The listing mentions basement suite. It leaves 4 obvious questions unanswered, starting with: when is it available?
At $1,200 for 400 square feet, the asking rent works out to $3.00 per square foot.
That is $952 below the middle of the 114 comparable rentals we are tracking in Metrotown, where most ask between $1,844 and $2,300.
The details
Highlights
Ask before you view
The advertisement doesn’t say, and it matters:
- Which way does it face?
- Is parking included or extra?
- Are pets allowed?
- When is it available?
Roughly where it is
Approximate — listings rarely give an exact address, so treat this as the block, not the door.
Renting in Metrotown
Metrotown is the closest thing Burnaby has to a downtown. Roughly thirty residential towers are packed into about a kilometre around the region's second-largest mall and its SkyTrain station.
How this compares
Location
13 min on foot to Metrotown (Expo Line), about 39 min to Waterfront.
Scored from the map pin alone — rapid transit, town centres and parks, in straight lines. It knows nothing about the street, the hill, the building or the neighbours, and buses and the SeaBus are not in it, so places served by those score lower here than they deserve.
Against the ones next to it
$1,200 is $952 below the middle of the 114 one-bedrooms we are tracking in Metrotown right now ($2,152). Most of them ask between $1,844 and $2,300.
A straight count of asking prices in the area, with nothing adjusted for — it does not care that this one may be bigger, smaller or better placed than the rest.
What the estimate cannot see
Floor, view, condition, noise and everything inside the walls are missing from all but a handful of the advertisements we index, so none of them are priced in above. Two identical floor plans, one renovated and one not, get the same estimate from us.
The advertisement doesn’t say, and it matters:
- Which way does it face?
- Is parking included or extra?
- Are pets allowed?
- When is it available?
Counted from the listings on this site, not a market survey, and from asking rents — what a home is advertised at, not what it lets for.
Similar in Metrotown
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