House
$1,420,000
3 7864 WELSLEY DRIVE
Burnaby10 days on market
MLS® R3170738
1 / 32
2 bed · 2 bath · 1,190 sq ft · 1 parking
Condo · Single Family · built 1991 · 37 days on market
Listed by Tatum Fitton, ComFree
Realtor's description
Welcome to this spacious 1,190 sq. ft. corner residence in the heart of Metrotown, featuring 2 bedrooms and 2 full bathrooms with panoramic views of the North Shore Mountains, Downtown Vancouver and Richmond. The well-maintained building offers an indoor pool, recreation centre, sauna/steam room and billiards room. Recent building upgrades include a newer roof, redone piping, an upgraded pool, two new elevators, fob-operated automatic entry doors and ongoing window replacement. The home includes 1 parking stall and 1 storage locker. Conveniently located near Central Park, Metrotown shopping, restaurants, transit and SkyTrain, with easy access to everyday amenities, walking trails and major routes throughout Burnaby and Vancouver.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,190 sq ft
- Parking
- 1
- Year built
- 1991
- Property tax
- $1,729 / yr
- Strata fee
- $522 / mo ($0.44 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 37
- MLS®
- R3161057
Features
- Central location
- Elevator
- Wheelchair access
- Pets Allowed With Restrictions
- Refrigerator
- Dishwasher
Floor plans
Found among the listing photos.
Monthly cost
$5,581/mo
Mortgage $4,915 · Tax $144 · Strata $522
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
- $2,325/mo
- After all costs
- −$3,477/mo
- Cap rate
- 1.5%
- yearly net rent ÷ price
Costs: mortgage $4,915 · tax $144 · strata $522 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-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 Chaffey-Burke Elementaryhomes in this catchment
500 m away · 4404 Sardis St, Burnaby · 604-296-9008
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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