2602 5685 Halley Avenue

Burnaby · MLS® R3180063

all units at 5685 Halley Ave →

221

907 sq ft · Condo · Single Family · built 2025 · listed today

listed by David Tam, Royal Pacific Realty Corp.

realtor's description

Welcome to ARTESIA. BRAND NEW 2 bed, 2 bath + flex home offers 907 sq.ft. of thoughtfully designed living space, complemented by a spacious balcony and bright NE exposure. Features include central A/C, Italian Cellini cabinetry, Fisher & Paykel appliances, heated towel warmer in ensuite, wide-plank wood laminate flooring, floor to ceiling windows, 1 parking and 1 storage locker. AMENITES: concierge service, guest suite, fitness centre, infrared sauna, formal dining room w/chef's kitchen, lounge, business centre, outdoor hot tub, & BBQ courtyard. Low strata fee $467.48, incl heating, cooling, gas, & hot water. Steps to Skytrain, Metrotown & Crystall Mall. Book your private viewing with Leah

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 907 sq ft
parking: 1
year built: 2025
property tax: $3,346 / yr
strata fee: $467 / mo ($0.52 / sq ft)
days on market: 0
MLS®: R3180063

features

Elevator
All

the market here

listed now: 58 days; median for 955 condos for sale; this one listed today

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

monthly cost

$5,095/mo

Mortgage $4,348 · Tax $279 · Strata $467

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$4,348/ monthly

loan $790,400

25-year amortization

down payment20% · $197,60020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 30, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $514,097
property transfer tax: $0; $17,760 less $17,760 newly built exemption
cash to close: $197,600; down + PTT
total paid: $1,304,497

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent: $2,630/mo
after all costs: −$2,710/mo
cap rate: 2.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,348 · tax $279 · strata $467 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Central Park/Metrotown, Burnaby: CMHC's average there ($2,325) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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

the building's lot: 3,789 m² (40,784 sq ft). from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

BurnabyGoogle Maps ↗

Rapid transit: Patterson SkyTrain station, 400 m (about 7 min walk); Metrotown SkyTrain station, 900 m (about 14 min walk).

schools

Catchment schools, Burnaby School District 41

Elementary Chaffey-Burke Elementaryhomes in this catchment
400 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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