Condo
$499,000
1207 2186 GILMORE AVENUE
Burnaby12 days on market
1 bd1 ba544 sq ft
MLS® R31696541 / 24
$450,000
209 7337 MACPHERSON AVENUE
Burnaby · MLS® R3161583
1 bed · 1 bath · 745 sq ft · 1 parking
Condo · Single Family · built 2008 · 33 days on market
Listed by Walker Adair, Keller Williams Bold Realty
Realtor's description
Priced $125,000 UNDER Assessment! The best deal in Metrotown/Royal Oak! Welcome home to Cadence - just a 10 minute walk to Royal Oak Station. Live within the reach of the conveniences of Metrotown without all the noise. This incredibly spacious north facing, 745 square foot one bedroom home features an open kitchen with granite countertops, overlooking a spacious dining and living area with a bay-window for ease of entertaining, large bedroom with room for your home office, large walk-in closet + a bonus bedroom closet and spacious patio with access from bedroom and Living Room. Your new home comes with 1 parking and 1 extra large storage locker. Pet friendly for 1 dog or 1 cat. Book your private showing today! Come stop by our Open House Saturday and Sunday Oct 10th&11th from 2PM to 4PM
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 745 sq ft
- Parking
- 1
- Year built
- 2008
- Property tax
- $1,811 / yr
- Strata fee
- $378 / mo ($0.51 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 33
- MLS®
- R3161583
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$2,490/mo
Mortgage $1,961 · Tax $151 · Strata $378
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
- $1,813/mo
- After all costs
- −$857/mo
- Cap rate
- 2.9%
- yearly net rent ÷ price
Costs: mortgage $1,961 · tax $151 · strata $378 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom in Central Park/Metrotown, 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 Nelson Elementaryhomes in this catchment
800 m away · 4850 Irmin St, Burnaby · 604-296-9025
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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