Condo
$499,000
2005 2378 ALPHA AVENUE
Burnabylisted today
MLS® R3174340
1 / 36
1 bed · 1 bath · 591 sq ft · 1 parking
Condo · Single Family · built 2023 · 66 days on market
Listed by Derek Chiu, Multiple Realty Ltd.
Realtor's description
Make SFU your serenity and home. This sub-penthouse, 1 bedroom, newly built by Mosaic, in UniverCity is on the 10th floor, southwest facing with an amazing view. Finishes include quartz countertops, undermount stainless sink, pantry counter dept fridge/freezer, microwave and stacked washer and dryer. On the 12th floor experience the roof top skyview of the city overlooking the Burrard Inlet and BBQ amenities to throw parties. On the 3rd floor is a quiet, modern co-work area for an extension of your office. This is a mini community accessible to everything you need including great restaurants (BierCraft UniverCity, Pho 99, Steve's Poke Bar, banks, Nester grocery, and SFU swimming pool/gym (discount rate). Includes 1 parking +1 storage.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 591 sq ft
- Parking
- 1
- Year built
- 2023
- Property tax
- $1,750 / yr
- Strata fee
- $383 / mo ($0.65 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 66
- MLS®
- R3152550
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Intercom
Floor plans
Found among the listing photos.
Monthly cost
$2,773/mo
Mortgage $2,244 · Tax $146 · Strata $383
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
- $1,710/mo
- After all costs
- −$1,234/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $2,244 · tax $146 · strata $383 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom 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 ↗
Schools
Catchment schools, Burnaby School District 41
- Elementary University Highlands Elementaryhomes in this catchment
300 m away · 9388 Tower Rd, Burnaby · 604-296-9036
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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