2 bed · 2 bath · 980 sq ft · 1 parking
Condo · Single Family · built 1991 · 36 days on market
Listed by Sharnell Jaggard, Oakwyn Realty Encore
Open house · Saturday, October 10, 1pm–3pm
Realtor's description
Rarely available 2-bedroom 2-bath corner unit in a highly sought-after Metrotown location. This property offers an open floor plan with close to 1,000 square ft of living space, featuring a gas fireplace and in-suite laundry. The unit's corner design provides extra windows and privacy, and the expansive patio connects seamlessly to the entertainment-sized living and dining areas. Additional features include a huge storage locker and designated parking spot. With its unbeatable proximity to Royal Oak Skytrain, transit, shopping centers, and top-rated schools, this property is perfect for investors and families alike. Schedule a private viewing today to take advantage of this exceptional opportunity. Pets and rentals welcome. Open house this Saturday October 10th 1pm to 3pm.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 980 sq ft
- Parking
- 1
- Year built
- 1991
- Property tax
- $1,958 / yr
- Strata fee
- $387 / mo ($0.40 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 36
- MLS®
- R3161123
Features
- Central location
- Pets Allowed With Restrictions
- 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
- −$1,039/mo
- Cap rate
- 3.1%
- yearly net rent ÷ price
Costs: mortgage $2,592 · tax $163 · strata $387 · 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 Nelson Elementaryhomes in this catchment
600 m away · 4850 Irmin St, Burnaby · 604-296-9025
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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