The Newmark — 4888 HAZEL STREET, Forest Glen BS, Burnaby, BC

The Newmark is a 21-storey concrete high-rise condominium located at 4888 Hazel Street in the Forest Glen neighbourhood of Burnaby, BC. Built in 1998 under Strata Plan LMS3131, the building contains 154 suites and offers residents a practical set of amenities including an exercise centre, elevator access, and in-suite laundry. Gas and hot water are included in the strata fees, along with caretaker services, garbage pickup, gardening, management, and access to the recreation facility — making monthly costs relatively predictable. Rentals are permitted with restrictions, which makes The Newmark an option for investors as well as owner-occupiers. The strata does not permit pets under its current bylaws. With its concrete construction and mid-to-late 1990s build quality, The Newmark offers a solid, well-established option for buyers looking for a high-rise condominium in South Burnaby.

Forest Glen is a residential neighbourhood in South Burnaby, situated near Metrotown and a short distance from the Patterson SkyTrain Station on the Expo Line, making it practical for commuters heading into Vancouver or Surrey. The area is close to Central Park, which offers walking trails, tennis courts, and green space, as well as the retail options along Kingsway and the larger Metropolis at Metrotown shopping centre nearby. Local schools, grocery stores, and community services are all within reasonable reach, giving the neighbourhood a well-rounded, established character.

Note: Strata documents including full meeting minutes, the depreciation report, and bylaws are available to serious buyers upon request. Saeed can obtain and review these as part of your due diligence.

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