$1,799,999

1 6070 ELGIN AVENUE

Burnaby · MLS® R3171571

7 bed · 7 bath · 3,345 sq ft · 1 parking

House · Single Family · built 2026 · 6 days on market

Listed by Jevan Basra, RA Realty Alliance Inc.

Realtor's description

Welcome to the Elgin Residences, uniquely designed homes in the Deer Lake area, unlike anything you've seen before! The high tech home automation system built in to control lights, blinds, temperature, humidity and more. 30 advanced sensors throughout the home that can monitor motion, detect security breaches & more. 3,345 square feet on 3 floors, showcasing 10-foot ceilings with premium engineered hardwood floors and tile, featuring a different design in each bathroom. The hidden pantry and room add an element to the home which is rare to find on the market. Touch controls built into the island, with high-end finishes and appliances. Including a private back yard space, 3-bedroom, 2 bathroom in law suite, and a single-car garage. You will be blown away by the quality & extra features!

Property details

Type: House, Single Family
Bedrooms: 7
Bathrooms: 7
Living area: 3,345 sq ft
Parking: 1
Year built: 2026
Days on market: 6
MLS®: R3171571

Features

Dishwasher
Stove
Washer & Dryer

Price check

Below typical for the area (-26%)

2026 assessment: $3,692,000 · asking is -51%
Price per sq ft: $538 vs $724 median for houses in Burnaby for sale (563)
Last sold: $1,970,000 · Dec 3, 2023

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 6 days

The market here

Listed now: 57 days; median for 564 houses for sale; this one 6 days

Houses in Burnaby. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$7,842/mo

Mortgage $7,842

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$7,842/ monthly

loan $1,439,999

25-year amortization

down payment20% · $360,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $912,728
property transfer tax: $34,000; BC general rate
cash to close: $394,000; down + PTT
total paid: $2,352,727

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Suite rent: $1,813/mo
Your cost after the suite: $6,349/mo; vs $8,017 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $7,842 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) in Central Park/Metrotown, Burnaby (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

Location

BurnabyGoogle Maps ↗

Location

BurnabyGoogle Maps ↗

Schools

Catchment schools, Burnaby School District 41

Elementary Windsor Elementaryhomes in this catchment
1.0 km away · 6166 Imperial St, Burnaby · 604-296-9038

From the Burnaby School District 41's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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