Condo
$459,000
34% less per sq ft705 6055 Nelson Avenue
Burnaby36 days on market
MLS® R3161785
1 / 31
2 bed · 2 bath · 877 sq ft · 1 parking
Condo · Single Family · built 2021 · 88 days on market
Listed by Heidi Lin, Real Broker
Realtor's description
Terraces at the Peak by Intergulf! This exceptional ground level 2 Bed/2 Bath home offers 877 sqft of thoughtfully designed living space with an expansive private patio overlooking lush greenery. The open concept layout features a modern kitchen with quartz countertops and quality stainless steel appliances. The well-separated bedrooms provide added privacy, ideal for families or professionals. Includes 1 parking stall and 1 locker. Strata fees includes gas, heat and hot water (heated by hot water baseboards.) Enjoy luxurious building amenities including a gym, large library, and over 3,000 sqft of shared spaces. Located in UniverCity, steps to Nester's Market, restaurants, Starbucks, SFU, transit, parks, and trails. Within a 15-minute drive to Brentwood Town Centre and Lougheed Town Centr
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 877 sq ft
- Parking
- 1
- Year built
- 2021
- Property tax
- $2,195 / yr
- Strata fee
- $620 / mo ($0.71 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 88
- MLS®
- R3146068
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,373/mo
Mortgage $2,570 · Tax $183 · Strata $620
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
- $2,110/mo
- After all costs
- −$1,466/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $2,570 · tax $183 · strata $620 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-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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