Open houseTownhouse
$949,900
20% less per sq ft2 8745 GOVERNMENT STREET
Burnaby3 days on market
MLS® R3173172
1 / 34
2 bed · 2 bath · 843 sq ft · 1 parking
Condo · Single Family · built 2026 · 66 days on market
Listed by Ellie Pashandi, Behroyan & Associates Real Estate Services
Open house · Sunday, October 11, 2pm–4pm
Realtor's description
Experience elevated living in this brand-new 24th-floor 2 bed + den, 2 bath residence at O2 Metrotown. This thoughtfully designed home offers spectacular panoramic views of the city, mountains & surrounding skyline. The open-concept layout features premium finishes, a modern kitchen with high-end appliances, air conditioning & a versatile den ideal for a home office. The spacious primary bedroom boasts a spa-inspired ensuite complete with a luxurious steam shower. Includes 1 parking stall & 1 storage locker. Located just steps from Metropolis at Metrotown, SkyTrain & the beautiful trails & green space of Central Park, you'll enjoy the perfect blend of urban convenience and nature. An exceptional opportunity to own in one of Burnaby's most sought-after new homes. Open House Sunday 2-4pm.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 843 sq ft
- Parking
- 1
- Year built
- 2026
- Strata fee
- $557 / mo ($0.66 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 66
- MLS®
- R3152631
Features
- Elevator
- Wheelchair access
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- Washer & Dryer
Floor plans
Found among the listing photos.
Monthly cost
$6,038/mo
Mortgage $5,481 · Strata $557
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $2,325/mo
- After all costs
- −$3,934/mo
- Cap rate
- 1.5%
- yearly net rent ÷ price
Costs: mortgage $5,481 · strata $557 · 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 Maywood Community Elementaryhomes in this catchment
200 m away · 4567 Imperial St, Burnaby · 604-296-9022
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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