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$549,000

203 4307 HASTINGS STREET

Burnaby · MLS® R3157550

1 bed · 1 bath · 624 sq ft · 1 parking

Condo · Single Family · built 2015 · 48 days on market

Listed by Simon Abraham, Sutton Group-West Coast Realty

Madison excellent location with lifestyle located in the popular Burnaby heights neighbourhood. Filled with natural light, this south facing 624 SF 1 Bed + 1 Bath condo unit boasts a functional floor plan w/9' ceiling & a Large 235 SF patio, it even has a gas outlet for BBQ. High end chef's kitchen with granite counters & blacksplash, Fulgor gas cooktop. Modern Italian interiors, laminate flooring throughout, expansive windows, roller shades, elegant bathroom. Live in this super convenient location & walk out from your front door to countless number of restaurants, groceries, coffee shop. 1Parking stall & 1 storage locker.

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 624 sq ft
Parking: 1
Year built: 2015
Property tax: $1,959 / yr
Strata fee: $397 / mo ($0.64 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 48
MLS®: R3157550

Typical for the area (+1.3%)

Price per sq ft: $880 vs $869 median for condos in Burnaby for sale (991)

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.

Central location
Pets Allowed With Restrictions
All

On market 48 days

Listed now: 55 days; median for 991 condos for sale; this one 48 days

Condos 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 Maps can be out of date or miss a lot line; confirm with the municipality.

$2,952/mo

Mortgage $2,392 · Tax $163 · Strata $397

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

estimated payment

$2,392/ monthly

loan $439,200

25-year amortization

down payment20% · $109,80020%+ 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: $278,382
property transfer tax: $8,980; BC general rate
cash to close: $118,780; down + PTT
total paid: $717,582

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: $1,710/mo
After all costs: −$1,414/mo
Cap rate: 2.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,392 · tax $163 · strata $397 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-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

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