Condo
$598,800
4406 4720 Lougheed Highway
Burnaby110 days on market
MLS® R3138838
1 / 24
2 bed · 2 bath · 969 sq ft · 1 parking
Townhouse · Single Family · built 1993 · 30 days on market
Listed by Claire LeLacheur, Sotheby's International Realty Canada
Realtor's description
Rarely does a turnkey home like this come to market. This 969 sq.ft. 2 bed, 2 bath townhome has undergone a studs-out reconstruction in 2026, offering the feel of a new home in established Burnaby Heights. Set over 3 levels with a private street entrance, new plumbing, electrical, flooring, kitchen, baths, custom blinds and fireplace. The showstopper: a 320 sq.ft. south-facing rooftop deck with open views. Professionally completed with permits, City occupancy approval and a 2-year warranty. Fully rainscreened complex. Parking, storage & NO GST. Steps to Hastings shops, cafés and restaurants, with easy access to Downtown Vancouver. Open Sun Sept 20, 2-4
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 969 sq ft
- Parking
- 1
- Year built
- 1993
- Property tax
- $2,215 / yr
- Strata fee
- $473 / mo ($0.49 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 30
- MLS®
- R3163944
Features
- Pets Allowed
- All
Monthly cost
$4,135/mo
Mortgage $3,477 · Tax $185 · Strata $473
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
- $2,110/mo
- After all costs
- −$2,368/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $3,477 · tax $185 · strata $473 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in North Burnaby, 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 Gilmore Community Elementaryhomes in this catchment
700 m away · 50 S Gilmore Ave, Burnaby · 604-296-9013
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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