Condo
$749,900
1309 4890 LOUGHEED HIGHWAY
Burnaby1 day on market
MLS® R3173683
1 / 26
2 bed · 2 bath · 918 sq ft · 1 parking
Condo · Single Family · built 2023 · 505 days on market
Listed by Ken Li, Magsen Realty Inc.
Realtor's description
CITY OF LOUGHEED - TOWER 1: This 27th-floor NW corner unit features 2 bedrooms with ensuites, a den, and a 350 sq. ft. wraparound balcony. The space offers high ceilings, large windows, and premium finishes including quartz countertops, Bosch appliances, and a Panasonic microwave. Enjoy stunning views of the city, mountains, and water, from downtown to SFU and Metrotown. Amenities include A/C, a 3-floor, 18,000 sq.ft. clubhouse with indoor/outdoor spaces, a fitness center, yoga studio, game rooms, and more. The building also features 24-hour concierge services, 5 high-speed elevators, a dog park, and easy access to shopping, dining, and banking.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 918 sq ft
- Parking
- 1
- Year built
- 2023
- Property tax
- $2,807 / yr
- Strata fee
- $511 / mo ($0.56 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 505
- MLS®
- R3005618
Features
- Central location
- Pets Allowed With Restrictions
- All
Monthly cost
$4,662/mo
Mortgage $3,917 · Tax $234 · Strata $511
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
- $1,824/mo
- After all costs
- −$3,019/mo
- Cap rate
- 1.2%
- yearly net rent ÷ price
Costs: mortgage $3,917 · tax $234 · strata $511 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Southeast Burnaby, 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 Cameron Elementaryhomes in this catchment
400 m away · 9540 Erickson Dr, Burnaby · 604-296-9005
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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