Open houseCondo
$599,000
1006 5987 WILSON AVENUE
Burnaby46 days on market
MLS® R3158347
1 / 15
1 bed · 1 bath · 610 sq ft
Condo · Single Family · built 2017 · 73 days on market
Listed by Leah Niu, RE/MAX Crest Realty
Open house · Sunday, October 11, 2pm–4pm
Realtor's description
Welcome to The Park at Metrotown. This bright and well-designed 610 sqft. one-bedroom home offers a functional open-concept layout with contemporary finishes, quartz countertops, stainless steel appliances, floor-to-ceiling windows, and in-suite laundry. Enjoy low strata fees and outstanding amenities, including a fitness centre, hot tub, sauna, rooftop residents´ lounge with view, shared EV charging stalls, Bluebox parcel, and beautifully landscaped gardens. Ideally situated just steps from Metrotown, SkyTrain, Bonsor Recreation Complex, Central Park, Crystal Mall, restaurants, cafés, and everyday conveniences. An excellent opportunity for first-time buyers, downsizers, or investors seeking exceptional value in Burnaby´s premier urban centre. Open House: Sun Sept 27th from 2-4pm, welcome!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 610 sq ft
- Parking
- 0
- Year built
- 2017
- Property tax
- $1,752 / yr
- Strata fee
- $280 / mo ($0.46 / sq ft)
- Days on market
- 73
- MLS®
- R3150475
Features
- Central location
- Elevator
- All
Monthly cost
$2,770/mo
Mortgage $2,344 · Tax $146 · Strata $280
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
- −$1,137/mo
- Cap rate
- 2.7%
- yearly net rent ÷ price
Costs: mortgage $2,344 · tax $146 · strata $280 · 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
400 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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