Metrotown · Metrotown
2 Bedroom Apartment for Rent in Metrotown
$2,675 / month
A 660 ft² two-bedroom in Metrotown, asking $2,675 a month. It leaves 5 obvious questions unanswered, starting with: are pets allowed?
At $2,675 for 660 square feet, the asking rent works out to $4.05 per square foot.
That is $175 below the middle of the 120 comparable rentals we are tracking in Metrotown, where most ask between $2,500 and $3,000.
The details
Ask before you view
The advertisement doesn’t say, and it matters:
- What floor is it on?
- 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
What we’d expect it to ask
$2,810 / month
8 times in ten the answer lands between $2,329 and $3,274. That is the width of what we actually know, measured against listings this model had never seen — not a margin we chose.
Asking $2,675 is 4.8% below it — inside the ±11.8% this model cannot tell apart, so it is priced about where we’d expect.
What moves that number
Each line is the difference this one thing makes, holding everything else where it is. They do not add up to the rent.
Location
2 min on foot to Metrotown (Expo Line), about 27 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
$2,675 is $175 below the middle of the 120 two-bedrooms we are tracking in Metrotown right now ($2,850). Most of them ask between $2,500 and $3,000.
A straight count of asking prices in the area, with nothing adjusted for — unlike the estimate above, it does not care that this one is bigger or closer to a station.
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:
- What floor is it on?
- Which way does it face?
- Is parking included or extra?
- Are pets allowed?
- When is it available?
Estimated 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
2 bed · 716 ft² · Metrotown
2 bed · 695 ft² · Metrotown
2 bed · 820 ft² · Metrotown
2 bed · 891 ft² · Metrotown
2 bed · 828 ft² · Metrotown
2 bed · 805 ft² · Metrotown
2 bed · 929 ft² · Metrotown
2 bed · 584 ft² · Metrotown
2 bed · 755 ft² · Metrotown
2 bed · 836 ft² · Metrotown
Posted by a third party on Craigslist. Firstlook is not affiliated with or endorsed by them, and does not reproduce advertisement text or landlord contact details. To have this removed, email [email protected].