Condo
$448,800
501 6055 NELSON AVENUE
Burnaby1 day on market
MLS® R3173665
1 / 34
1 bed · 1 bath · 609 sq ft · 1 parking
Condo · Single Family · built 2021 · listed today
Listed by Preston Chin, Sutton Premier Realty
Realtor's description
Stand out from the crowd at POLARIS at METROTOWN. Striking architecture and sophisticated exterior design. Step inside the grand lobby and discover a beautiful library & fireside lounge, where attentive 24/7 concierge service welcomes you home. High above the city on the 29th floor, this luxurious east-facing ONE BEDROOM PLUS DEN residence offers amazing views, pristine laminate flooring, air conditioning, 9-foot ceilings, Miele appliances, with high-end cabinetry and fixtures throughout. Exceptional amenities include a meeting room, games room, golf simulator, fitness center, guest suite, outdoor spaces and a grand hall for private parties and BBQs. Visitor parking & EV charging stations add convenience. Complete with parking & storage, all in an incredibly walkable Metrotown location!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 609 sq ft
- Parking
- 1
- Year built
- 2021
- Property tax
- $2,179 / yr
- Strata fee
- $352 / mo ($0.58 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 0
- MLS®
- R3173644
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,147/mo
Mortgage $2,614 · Tax $182 · Strata $352
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
- $1,813/mo
- After all costs
- −$1,514/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $2,614 · tax $182 · strata $352 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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
500 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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