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$2,098,000

1 7061 PAULUS CRESCENT

Burnaby · MLS® R3171317

7 bed · 6 bath · 2,940 sq ft · 3 parking

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

Listed by Manny Bal, Angell, Hasman & Associates Realty Ltd.

Realtor's description

Welcome to a statement of modern duplex luxury in Montecito! Built by Dema Developments + curated by Kenzi Design, this custom 2,900+ SF side-by-side residence with 7 beds 6 baths + auth rental suite is ideal for growing families, multi-gen living + added income. Walk inside to a large foyer, home office, full powder room + tasteful colour palette with premium appliances, wine fridge, radiant floor heat + AC heatpump, full laundry room with side by side W/D, spa-inspired ensuites, flex rec room + security system. Outside features beautiful curb appeal, landscaping, fenced yards, rare 2-car garage + add'l outdoor parking included! Quiet family-friendly neighbourhood close to schools of all levels, parks/trails, Burnaby Mtn Golf Course, tennis/pickleball courts + quick access to Lougheed Hwy.

Property details

Type: House, Single Family
Bedrooms: 7
Bathrooms: 6
Living area: 2,940 sq ft
Parking: 3
Year built: 2026
Days on market: 6
MLS®: R3171317

Features

Central location
All

Floor plans

Found among the listing photos.

Price check

Typical for the area (-1.5%)

2026 assessment: $2,309,000 · asking is -9.1%
Price per sq ft: $714 vs $724 median for houses in Burnaby for sale (563)
Last sold: $2,050,000 · Nov 14, 2024

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

$9,141/mo

Mortgage $9,141

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

estimated payment

$9,141/ monthly

loan $1,678,400

25-year amortization

down payment20% · $419,60020%+ 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: $1,063,835
property transfer tax: $40,940; BC general rate
cash to close: $460,540; down + PTT
total paid: $2,742,235

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: $1,710/mo
Your cost after the suite: $7,743/mo; vs $9,316 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $9,141 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) in North Burnaby, 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 ↗

Good to know

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas