Condo
$699,900
30% less per sq ft1705 6240 McKay Avenue
Burnabylisted today
listed by Sutton Group-West Coast Realty
MLS® R3178611
1305 4505 Hazel Street
111
736 sq ft · Condo · Single Family · built 1998 · 82 days on market
listed by Jatinder Grewal, Sutton Premier Realty
realtor's description
Bright and spacious 1-bedroom & den condo at The Dynasty by Bosa! Enjoy stunning city views through expansive windows and an open-concept layout with in-suite laundry and large private patio. Includes 1 parking and 1 storage locker. Prime location steps to Metrotown shopping, SkyTrain, Central Park, and Burnaby's best dining and entertainment. Quality Bosa construction in a well-maintained building. Updates include stainless steel appliances, quartz counters, laminate flooring, light fixtures, and new roller blinds.
property details
- type
- Condo, Single Family
- bedrooms
- 1
- bathrooms
- 1
- living area
- 736 sq ft
- parking
- 1
- year built
- 1998
- property tax
- $1,741 / yr
- strata fee
- $371 / mo ($0.50 / sq ft)
- strata rules
- Pets not Allowed, Rentals Allowed With Restrictions
- days on market
- 82
- MLS®
- R3152501
features
- Central location
- Cul-de-sac
- Pets not Allowed
- Rentals Allowed With Restrictions
- All
monthly cost
$3,130/mo
Mortgage $2,614 · Tax $145 · Strata $371
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
- $2,080/mo
- after all costs
- −$1,252/mo
- cap rate
- 2.7%
- yearly net rent ÷ price
Costs: mortgage $2,614 · tax $145 · strata $371 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Central Park/Metrotown, Burnaby: CMHC's average there ($1,813) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% 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.
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 ↗
Rapid transit: Metrotown SkyTrain station, 600 m (about 9 min walk); Patterson SkyTrain station, 700 m (about 11 min walk).
schools
Catchment schools, Burnaby School District 41
- Elementary Chaffey-Burke Elementaryhomes in this catchment
400 m away · 4404 Sardis St, Burnaby · 604-296-9008
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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