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

The Terraces is a four-storey wood-frame strata building located at 5335 Hastings Street in the Capitol Hill neighbourhood of Burnaby, BC. Built in 1986 and registered under Strata Plan NWS2370, the building comprises 47 suites across four storeys. Managed by Ascent Strata Management, The Terraces offers a practical set of amenities including an elevator, bike room, in-suite laundry, and storage. The strata's monthly fees cover garbage pickup, gardening, hot water, and professional management. Rentals are permitted with restrictions, which can make suites here of interest to investors as well as owner-occupiers. The pet policy does not permit pets under current strata bylaws, so prospective buyers with animals should take note. The Terraces suits buyers looking for a well-established, mid-size strata building in a residential pocket of Burnaby close to transit and everyday conveniences along the Hastings Street corridor.

Capitol Hill is a quiet, established residential neighbourhood in north Burnaby, situated on the slopes above Hastings Street with views toward the North Shore mountains. The Hastings Street corridor offers transit access via TransLink bus routes connecting residents to downtown Vancouver and Burnaby's commercial centres, while Confederation Park and its recreation facilities are a short distance to the west. Nearby amenities include grocery stores, cafés, and schools, making the area well suited to families and commuters alike.

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 TERRACES complex — buildings share common neighbourhood amenities.

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