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$937,000

2502 5987 WILSON AVENUE

Burnaby · MLS® R3113304

2 bed · 2 bath · 781 sq ft · 1 parking

Condo · Single Family · built 2025 · 170 days on market

Listed by Alan Tsai, Royal Pacific Realty Corp.

Realtor's description

***OPEN HOUSE JULY 19th Sunday 2-4***Location, Location and Location! Central Park House, Bosa Properties newest offering from The Bosa Properties Collection is set to become a landmark at the gateway to Vancouver & Metrotown. Located 1 block west of Burnaby's largest urban park, Central Park, this striking, 41-story tower was designed by Gensler, a world-renowned architecture firm. Residences are enclosed with an energy-efficient curtain wall & floor-to-ceiling glass windows. 15,000 sf of indoor & outdoor amenity space. Multi-level amenity pavilion has 2,000sf fitness center, with views of the park & cityscape, lounge with pool table, catering kitchen, Indoor Heated Lap Pool, Hot Tub, his & hers sauna & steam room, wellness studio. 24-hour concierge/security service.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 781 sq ft
Parking: 1
Year built: 2025
Strata fee: $538 / mo ($0.69 / sq ft)
Strata rules: Pets Allowed
Days on market: 170
MLS®: R3113304

Features

Central location
Golf Course Development
Pets Allowed
Dishwasher
Washer & Dryer

Price check

Price per sq ft: $1,200 vs $868 median for condos in Burnaby for sale (988)

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.

Property insights

On market 170 days

The market here

Listed now: 54 days; median for 988 condos for sale; this one 170 days

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

Monthly cost

$4,620/mo

Mortgage $4,082 · Strata $538

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

estimated payment

$4,082/ monthly

loan $749,600

25-year amortization

down payment20% · $187,40020%+ 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: $475,126
property transfer tax: $16,740; BC general rate
cash to close: $204,140; down + PTT
total paid: $1,224,726

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.

If you rented it out

Rent: $2,325/mo
After all costs: −$2,516/mo
Cap rate: 2.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,082 · strata $538 · 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 ↗

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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