2 bed · 2 bath · 893 sq ft · 1 parking
Condo · Single Family · built 2023 · 86 days on market
Listed by Kevin Jung, Sutton Group - 1st West Realty
Realtor's description
Experience elevated living in this stunning corner residence at The City of Lougheed by Shape Properties. This spacious 2-bedroom, 2-bathroom home features a large den, perfect for a home office or guest space. Enjoy panoramic city and mountain views from the impressive wrap-around balcony offering 270 degrees. Designed for comfort and style, this air-conditioned home boasts high ceilings, quartz countertops, and premium Bosch stainless steel appliances. Residents have exclusive access to over 18,000 sq.ft. of world-class amenities, including a fully equipped fitness centre, games room, co-working spaces, and an elegant party lounge. Ideally situated next to the SkyTrain station, with shopping, restaurants, and daily convenience. Includes 1 parking stall and 1 storage locker.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 893 sq ft
- Parking
- 1
- Year built
- 2023
- Property tax
- $2,740 / yr
- Strata fee
- $542 / mo ($0.61 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 86
- MLS®
- R3146313
Features
- Central location
- Pets Allowed With Restrictions
- Rentals 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
- $1,824/mo
- After all costs
- −$2,565/mo
- Cap rate
- 1.3%
- yearly net rent ÷ price
Costs: mortgage $3,438 · tax $228 · strata $542 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Southeast 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
Schools
Catchment schools, Burnaby School District 41
- Elementary Cameron Elementaryhomes in this catchment
400 m away · 9540 Erickson Dr, Burnaby · 604-296-9005
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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