112 3901 Carrigan Court

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

rent

$2,060/mo

after all costs

−$1,187/mo

cap rate

2.4%

yearly net rent ÷ price

Costs: mortgage $2,200 · tax $151 · strata $696 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Southeast Burnaby, Burnaby: CMHC's average there ($1,824) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Rapid transit: Lougheed Town Centre SkyTrain station, 500 m (about 7 min walk); Production Way–University SkyTrain station, 1.2 km (about 19 min walk).

Estimated tax up 14.1% from 2025 to 2026.

The listing shows $1,812 a year in property tax.

Estimate: the BC Assessment value times Burnaby's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

listed now

57 days

median for 977 condos for sale; this one 68 days

Condos in Burnaby. Sale prices register 1 to 3 months after a sale closes.

the building's lot: 12,229 m² (131,632 sq ft) · PID 001-177-362. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Rapid transit: Lougheed Town Centre SkyTrain station, 500 m (about 7 min walk); Production Way–University SkyTrain station, 1.2 km (about 19 min walk).