Townhouse
$699,800
12% under assessed2757 ELLERSLIE AVENUE
Burnaby50 days on market
MLS® R3157562
1 / 20
1 bed · 1 bath · 589 sq ft · 1 parking
Condo · Single Family · built 2020 · 50 days on market
Listed by Michael Mak, Metro Edge Realty
Realtor's description
Welcome to Kings Crossing One built by Cressey. This bright and spacious south east facing one bedroom unit overlooking the city and water. The unit offers open concept floor plan, higher ceiling, A/C, custom cabinets, large size double door fridge, laminate floor all through. Fantastic building amenities including concierge, steam/sauna, squash court, basketball court party room and multipurpose gym. This convenient location is steps away to public transportation, shops, grocery, cafe, library community center and much more. Don't miss the opportunity to live in or invest at Edmonds.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 589 sq ft
- Parking
- 1
- Year built
- 2020
- Property tax
- $1,818 / yr
- Strata fee
- $341 / mo ($0.58 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 50
- MLS®
- R3157536
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Monthly cost
$3,055/mo
Mortgage $2,562 · Tax $151 · Strata $341
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
- $1,564/mo
- After all costs
- −$1,651/mo
- Cap rate
- 1.9%
- yearly net rent ÷ price
Costs: mortgage $2,562 · tax $151 · strata $341 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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 Morley Elementaryhomes in this catchment
1.1 km away · 7355 Morley St, Burnaby · 604-296-9024
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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