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$718,888

141 7388 MACPHERSON AVENUE

Burnaby · MLS® R3161500

2 bed · 2 bath · 1,013 sq ft · 2 parking

Townhouse · Single Family · built 2006 · 33 days on market

Listed by Benson Lee, Nu Stream Realty Inc.

Rarely available southwest-facing corner unit with excellent natural light and a bright, comfortable living environment year-round. Located in a quiet and friendly neighbourhood, ideal for families and pet owners. This home features 2 underground parking stalls, 1 storage locker, and 2 balconies, offering great indoor-outdoor living space. Steps to Clinton Elementary and Burnaby South Secondary. Only a 10-minute walk to Royal Oak Sky Train Station, 5 minutes by car to Metrotown, and about 30 minutes to Richmond, Downtown Vancouver, North Vancouver, and Coquitlam. Recent updates include a washer and dryer approximately 3.5 years old, as well as a gas stove and dishwasher replaced about 10 months ago.

Type: Townhouse, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,013 sq ft
Parking: 2
Year built: 2006
Property tax: $2,562 / yr
Strata fee: $406 / mo ($0.40 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 33
MLS®: R3161500

Typical for the area (-2.2%)

Price per sq ft: $710 vs $725 median for townhouses in Burnaby for sale (202)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Pets Allowed With Restrictions
All
Refrigerator
Dishwasher

On market 33 days

Listed now: 43 days; median for 202 townhouses for sale; this one 33 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$3,752/mo

Mortgage $3,132 · Tax $214 · Strata $406

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$3,132/ monthly

loan $575,110

25-year amortization

down payment20% · $143,77820%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $364,527
property transfer tax: $12,378; BC general rate
cash to close: $156,155; down + PTT
total paid: $939,638

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $2,325/mo
After all costs: −$1,788/mo
Cap rate: 2.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,132 · tax $214 · strata $406 · insurance ~$175 · 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

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