The Terrace — 5335 HASTINGS STREET, Capitol Hill BN, Burnaby, BC

The Terrace is a 3-storey wood-frame strata building located at 5335 Hastings Street in the Capitol Hill neighbourhood of Burnaby, BC. Built in 1986 under Strata Plan NWS2370, the building contains 47 suites and offers a practical set of amenities including a bike room, elevator, in-suite laundry, and storage. The Terrace is a pet-friendly building, welcoming both dogs and cats, though prospective buyers and renters should review the current bylaws for specific restrictions. Rentals are permitted with restrictions, making this an option worth considering for investors as well as owner-occupiers. Monthly strata fees cover garbage pickup, gardening, hot water, and management, which simplifies budgeting for owners. The building's construction type is wood frame, consistent with many Burnaby strata developments of its era. Capitol Hill is a well-established residential area situated above the commercial corridor of Hastings Street, offering easy access to both Burnaby and East Vancouver.

Capitol Hill sits on the northern slopes of Burnaby, just east of the Burnaby–Vancouver border along Hastings Street, with convenient access to bus routes connecting residents to downtown Vancouver, SFU, and Burnaby's commercial centres. The neighbourhood is close to Confederation Park, a large green space offering sports fields, a pool, and walking paths, as well as everyday amenities along the Hastings corridor including grocery stores, cafés, and local shops. École Confederation Park Elementary and Alpha Secondary serve the area, making Capitol Hill a practical choice for families.

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.

Part of the THE TERRACE complex — buildings share common neighbourhood amenities.

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