2 bed · 2 bath · 1,092 sq ft · 1 parking
Condo · Single Family · built 1997 · 1 day on market
Listed by Leah James, Oakwyn Realty Ltd.
Open house · Monday, October 12, 2pm–4pm
Realtor's description
Welcome to Gibraltar, a quality Bosa-built residence in Burnaby's desirable Highgate neighbourhood! This well maintained 2-bedroom, 2-bathroom corner suite offers a spacious, functional layout with generous living and dining areas, a cozy gas fireplace, and a separate kitchen and a bright eating area. The primary bedroom includes a private ensuite, while the lovely covered patio offers a peaceful outdoor retreat. Enjoy excellent building amenities including a fitness centre, hot tub, and residents' lounge. Tucked away in a quiet, established neighbourhood, just steps from walking trails and tennis courts, with Highgate Shopping Centre, restaurants, SkyTrain, and transit conveniently nearby. A wonderful combination of comfort, space, and location! Open House, Monday, OCT 12th, 2-4pm.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,092 sq ft
- Parking
- 1
- Year built
- 1997
- Property tax
- $2,329 / yr
- Strata fee
- $545 / mo ($0.50 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 1
- MLS®
- R3173738
Features
- Central location
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
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
- $1,824/mo
- After all costs
- −$2,037/mo
- Cap rate
- 1.6%
- yearly net rent ÷ price
Costs: mortgage $2,941 · tax $194 · strata $545 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Southeast 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
Schools
Catchment schools, Burnaby School District 41
- Elementary Windsor Elementaryhomes in this catchment
600 m away · 6166 Imperial St, Burnaby · 604-296-9038
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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