2 bed · 2 bath · 897 sq ft · 1 parking
Condo · Single Family · built 1999 · 43 days on market
Listed by Kevin Li, LeHomes Realty Premier
Realtor's description
THE MONARCH - Quality built by BOSA. Bright and spacious 2-bedroom home with panoramic mountain and city views, ideally located in the heart of Metrotown. This south-east corner unit features a large balcony, a smart layout with bedrooms separated by the living area, and a separate kitchen with gas stove. The living room offers expansive wall-to-wall windows, maximizing natural light and showcasing spectacular views. Well-maintained and upgraded building, situated on a quiet cul-de-sac .Exceptional location with a short walk to Metrotown Mall, Crystal Mall, SkyTrain Station, Superstore, Station Square, Library, Bonsor Recreation Complex, Central Park, plus banks and restaurants. Close to BCIT and all levels of schools, with all amenities within walking distance.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 897 sq ft
- Parking
- 1
- Year built
- 1999
- Property tax
- $2,082 / yr
- Strata fee
- $484 / mo ($0.54 / sq ft)
- Strata rules
- Pets not Allowed
- Days on market
- 43
- MLS®
- R3159160
Features
- Elevator
- Pets not Allowed
- All
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,325/mo
- After all costs
- −$1,595/mo
- Cap rate
- 2.5%
- yearly net rent ÷ price
Costs: mortgage $3,041 · tax $174 · strata $484 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom 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
Schools
Catchment schools, Burnaby School District 41
- Elementary Chaffey-Burke Elementaryhomes in this catchment
400 m away · 4404 Sardis St, Burnaby · 604-296-9008
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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