203 7178 Collier Street

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

rent

$2,060/mo

after all costs

−$1,872/mo

cap rate

2.1%

yearly net rent ÷ price

Costs: mortgage $3,076 · tax $191 · strata $466 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Southeast Burnaby, Burnaby: CMHC's average there ($1,824) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Rapid transit: Edmonds SkyTrain station, 1 km (about 15 min walk); 22nd Street SkyTrain station, 2.3 km (about 36 min walk).

Estimated tax up 7.0% from 2025 to 2026.

The listing shows $2,294 a year in property tax.

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.

listed now

58 days

median for 963 condos for sale; this one listed today

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

the building's lot: 2,592 m² (27,900 sq ft) · PID 026-391-872. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Rapid transit: Edmonds SkyTrain station, 1 km (about 15 min walk); 22nd Street SkyTrain station, 2.3 km (about 36 min walk).