Metro21 Metrotown

Metro21 Metrotown

6540 Marlborough Ave, Burnaby, Metrotown

A Comprehensive Overview

Introduction to Metro21 Metrotown by Shokai

Metro21, a 22-storey residential high-rise, is a significant addition to Burnaby‘s Metrotown neighbourhood. Developed by Shokai, this project offers a blend of 132 condominiums, 26 market rentals, and 30 non-market apartments. The condos, ranging from studios to 3-bedroom suites, include 28 adaptable units, catering to diverse living needs. The project is notable for its strategic location at 6540 Marlborough Avenue in the Marlborough neighbourhood of Burnaby, ensuring convenience and accessibility for its residents.

Metro21 by Shokai represents a unique opportunity for those seeking a modern, well-located, and amenity-rich living space in Burnaby. Its thoughtful design, range of floor plans, and comprehensive amenities make it an attractive option for a wide range of buyers.

Location and Accessibility

Situated in a vibrant residential area, Metro21 is just a 7-minute walk from Royal Oak Station, connecting residents to downtown Vancouver and Central Surrey in approximately 28 minutes. The proximity to BC Parkway also provides a car-free option for cyclists. The development’s location offers easy access to shopping, dining, and leisure facilities, including the Bonsor Recreation Complex and Central Park.

Design and Amenities

Metro21 stands out for its thoughtful design and extensive amenities. The project features approximately 9,000 sq ft of amenities, including a party room, gym, study, outdoor dining area, and a kids’ play space. The ground floor and Level 22 house these facilities, enhancing the living experience for residents. The development also includes an underground parking area accommodating 378 bicycles and 182 vehicles, all equipped with Level 2 EV charging outlets.

Floor Plans and Interiors

The development offers a variety of floor plans with interiors ranging from 399 to 916 square feet. The mix includes:

• 21 x Studios (399 – 453 sf)
• 14 x 1 Bedroom (539 – 559 sf)
• 14 x 1 Bedroom (539 – 566 sf) – adaptable
• 28 x 1 Bedroom + Den (603 – 641 sf)
• 27 x 2 Bedroom (756 – 780 sf)
• 10 x 2 Bedroom + Den (781 – 820 sf)
• 14 x 2 Bedroom + Den (793 – 797 sf) – adaptable
• 4 x 3 Bedroom (916 sf)

Pricing

• Studio | 398-452 SF | From Mid $500K
• 1 Bed | 539-549 SF | From Low $700K
• 1 Bed & Den | 603-623 SF | From Mid $700K
• 2 Bed | 754 SF | From High $800K
• 2 Bed & Den | 767-800 SF | From Mid $900K
• 3 Bed | 905 SF | From Low $1.2M

Deposit Structure

Metro21 Metrotown offers an incredible deposit structure for early registrants.

STRETCHED 5-5-5 Deposit Sturcture:

• 5% June 2024
• 5% June 2025
• 5% January 2027

Development Team

Shokai Canada, a subsidiary of Beijing Capital Development Holding (Group), leads the development of Metro21 Metrotown. With a global presence, Shokai specializes in residential property development and management. The architectural design is by Arcadis IBI Group , known for integrating design and technology in urban planning. Space 9 Interior Design, led by Sha Wang, is responsible for the interior design, offering bespoke services to ensure unique and personalized living spaces.

Completion and Registration

The expected completion of Metro21 Metrotown is slated for End of 2028 / Early 2029. Prospective buyers and investors are encouraged to register for priority access to updates and information about this promising development. With its completion on the horizon, Metro21 Metrotown is poised to become a prominent feature in Burnaby’s urban landscape.