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$545,000

1706 5051 IMPERIAL STREET

Burnaby · MLS® R3138100

All units at 5051 Imperial St →

1 bed · 1 bath · 546 sq ft · 1 parking

Condo · Single Family · built 2019 · 112 days on market

Listed by Lucius Xie, Youlive Realty

Open house · Saturday, October 10, 2pm–4pm

Realtor's description

Open House: Sat October 10 2-4PM.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 546 sq ft
Parking: 1
Year built: 2019
Strata fee: $362 / mo ($0.66 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 112
MLS®: R3138100

Features

Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All
Refrigerator
Oven - Built-In

Price check

Above typical for the area (+15%)

2026 assessment: $560,000 · asking is -2.7%
Price per sq ft: $998 vs $870 median for condos in Burnaby for sale (975)

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.

Property insights

On market 112 days · no price changes so far

The market here

Listed now: 51 days; median for 1047 condos for sale; this one 112 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$560,000	$1,839

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.

Monthly cost

$2,736/mo

Mortgage $2,375 · Strata $362

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

estimated payment

$2,375/ monthly

loan $436,000

25-year amortization

down payment20% · $109,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $276,354
property transfer tax: $8,900; BC general rate
cash to close: $117,900; down + PTT
total paid: $712,354

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.

If you rented it out

Rent: $1,813/mo
After all costs: −$1,103/mo
Cap rate: 2.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,375 · strata $362 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-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

The building's lot: 3,264 m² (35,133 sq ft) · PID 030-847-699. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

BurnabyGoogle Maps ↗

Location

BurnabyGoogle Maps ↗

Schools

Catchment schools, Burnaby School District 41

Elementary Maywood Community Elementaryhomes in this catchment
600 m away · 4567 Imperial St, Burnaby · 604-296-9022

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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