Condo
$549,000
316 9150 University High Street
Burnaby41 days on market
listed by eXp Realty
MLS® R3165177
302 4900 Lennox Lane
11
610 sq ft · Condo · Single Family · built 2017 · 6 days on market
listed by Andrew Kuang, RE/MAX Crest Realty
Open house · Sunday, October 25, 2:30pm–4:30pm
realtor's description
Welcome to The Park at Metrotown. This well-designed 610 sqft one-bedrm home offers a spacious and bright open-concept layout with modern finishes, quartz countertops, integrated appliances, and East facing floor-to-ceiling windows overlooking garden. Enjoy low strata fees and outstanding amenities, including a fitness centre, hot tub, sauna, rooftop residents´ lounge with view, shared EV charging stalls, and Bluebox parcel. 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. Call for private showing! Open House Sun Oct 25, 2:30-4:30PM..
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
- $298 / mo ($0.49 / sq ft)
- days on market
- 6
- MLS®
- R3176595
features
- Central location
- Elevator
- All
monthly cost
$2,622/mo
Mortgage $2,178 · Tax $146 · Strata $298
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
- $2,080/mo
- after all costs
- −$743/mo
- cap rate
- 3.4%
- yearly net rent ÷ price
Costs: mortgage $2,178 · tax $146 · strata $298 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Central Park/Metrotown, Burnaby: CMHC's average there ($1,813) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% 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.
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
