3 3940 Eton Street

20% down at 4.44% fixed (Ratehub.ca), 25 years.

rent

$2,770/mo

after all costs

−$4,127/mo

cap rate

1.9%

yearly net rent ÷ price

Costs: mortgage $6,500 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in North Burnaby, Burnaby: CMHC's average there ($2,345) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% 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.

Catchment schools, Burnaby School District 41

• Elementary Gilmore Community Elementaryhomes in this catchment

  400 m away · 50 S Gilmore Ave, Burnaby · 604-296-9013

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.