Open houseHouse
$1,408,800
39% under assessed1 7087 MARY AVENUE
Burnaby13 days on market
4 bd4 ba2,330 sq ft
MLS® R31693511 / 40
$1,199,000
160 7388 MACPHERSON AVENUE
Burnaby · MLS® R3167807
4 bed · 3 bath · 1,651 sq ft · 2 parking
Townhouse · Single Family · built 2006 · 16 days on market
Listed by Phil Moore, RE/MAX Crest Realty
Realtor's description
The Largest and the ONLY ONE like it in the complex! Approx. 1,651 square ft on 3 levels with an additional large storage space on the ground floor. Spacious living/dining area with an open-concept kitchen. 4 bedrooms with 3 very spacious closets plus a den/flex area on the 3rd level, 2 & 1/2 baths, a large private sundeck for summer barbecues, and a balcony with a view on the top floor. Features include granite countertops with a bar-stool eating area, newer stainless steel appliances, shaker-style cabinets, slate flooring in the kitchen, an electric fireplace, 9' ceilings, and window screens. Well-kept condition, original owner. Comes with 1 storage locker, 2 secured underground parking stalls with EV charging available in the common parking, bike storage, exercise center & playground.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 4
- Bathrooms
- 3
- Living area
- 1,651 sq ft
- Parking
- 2
- Year built
- 2006
- Property tax
- $3,860 / yr
- Strata fee
- $624 / mo ($0.38 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 16
- MLS®
- R3167807
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Monthly cost
$6,170/mo
Mortgage $5,224 · Tax $322 · Strata $624
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
- $2,586/mo
- After all costs
- −$3,966/mo
- Cap rate
- 1.3%
- yearly net rent ÷ price
Costs: mortgage $5,224 · tax $322 · strata $624 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ 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
BurnabyGoogle Maps ↗
Schools
Catchment schools, Burnaby School District 41
- Elementary Clinton Elementaryhomes in this catchment
500 m away · 5858 Clinton St, Burnaby · 604-296-9009
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.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
