Condo
$749,900
1309 4890 LOUGHEED HIGHWAY
Burnaby1 day on market
MLS® R3173683
1 / 40
3 bed · 2 bath · 1,264 sq ft · 2 parking
Condo · Single Family · built 1999 · 39 days on market
Listed by Yilun Jiang, Magsen Realty Inc.
Realtor's description
Welcome to unit #1701 at The Monarch by BOSA, a turnkey, extensively updated and spacious residence located in the heart of Metrotown. This true family home offers 1,264 SF of thoughtfully designed living space with 3 large bedrooms, 2 bathrooms, and 3 separate balconies. Perched on the northeast corner, the home is flooded with natural light and features generous 9´ ceilings throughout. The brand-new custom kitchen is beautifully appointed with premium Miele and KitchenAid appliances. Both bathrooms have been tastefully renovated, complemented by engineered hardwood flooring throughout. Enjoy fantastic mountain, city, and lake views from multiple rooms, while the three balconies create a wonderful cross-breeze on warm summer days. The building has newer piping and a new roof, offering added peace of mind. Quiet yet centrally located, this home is just steps from parks, transit, restaurants, and shopping. Complete with 2 side-by-side parking stalls and a storage locker. Hurry! September 12 2-4 PM
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,264 sq ft
- Parking
- 2
- Year built
- 1999
- Property tax
- $2,850 / yr
- Strata fee
- $666 / mo ($0.53 / sq ft)
- Strata rules
- Pets not Allowed, Rentals Allowed With Restrictions
- Days on market
- 39
- MLS®
- R3160046
Features
- Central location
- Elevator
- Wheelchair access
- Pets not Allowed
- Rentals Allowed With Restrictions
- Washer & Dryer
Floor plans
Found among the listing photos.
Monthly cost
$5,142/mo
Mortgage $4,239 · Tax $238 · Strata $666
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
- −$2,798/mo
- Cap rate
- 1.8%
- yearly net rent ÷ price
Costs: mortgage $4,239 · tax $238 · strata $666 · insurance ~$35 · 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 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.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
