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$699,000

206 7908 15TH AVENUE

Burnaby · MLS® R3170948

2 bed · 2 bath · 856 sq ft · 1 parking

Condo · Single Family · built 2018 · 7 days on market

Listed by Lara Davis, Oakwyn Realty Northwest

Modern, bright and beautifully designed, this 2-bedroom 2-bathroom + den home offers an open-concept floor plan that makes excellent use of every inch of space. The versatile den can easily function as a home office or small third bedroom, & the bedrooms are positioned on opposite sides of the home for added privacy. High-quality finishes include white quartz countertops, modern cabinetry, laminate flooring, stainless steel appliances & in-suite laundry. Plenty of natural light and an over 200 sq. ft. partly covered balcony. Amenities are right at your doorstep, with groceries, restaurants, medical and dental services nearby, as well as Highgate Village, Edmonds Community Centre, transit, elementary and high schools. DT New West is 5 min away, Metrotown only 15. Parking, storage and Pets OK!

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 856 sq ft
Parking: 1
Year built: 2018
Property tax: $2,284 / yr
Strata fee: $228 / mo ($0.27 / sq ft)
Strata rules: Pets Allowed
Days on market: 7
MLS®: R3170948

Typical for the area (-6.0%)

2026 assessment: $717,000 · asking is -2.5%
Price per sq ft: $817 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
Wheelchair access
Pets Allowed
All

Found among the listing photos.

On market 7 days

Listed now: 55 days; median for 991 condos for sale; this one 7 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 Maps can be out of date or miss a lot line; confirm with the municipality.

$3,464/mo

Mortgage $3,045 · Tax $190 · Strata $228

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

estimated payment

$3,045/ monthly

loan $559,200

25-year amortization

down payment20% · $139,80020%+ 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: $354,443
property transfer tax: $11,980; BC general rate
cash to close: $151,780; down + PTT
total paid: $913,643

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: $1,824/mo
After all costs: −$1,821/mo
Cap rate: 2.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,045 · tax $190 · strata $228 · 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

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