Condo
$499,000
2005 2378 ALPHA AVENUE
Burnabylisted today
MLS® R3174340
1 / 22
1 bed · 1 bath · 605 sq ft · 1 parking
Condo · Single Family · built 2016 · 133 days on market
Listed by Maddie Chen, RE/MAX Crest Realty
Realtor's description
CENTRE BLOCK by renowned Liberty Homes-newer living in the heart of SFU´s UniverCity! This bright south-facing 1-bedroom home offers 605 sq.ft. of functional living space and an unbeatable campus location. Just steps to SFU, University Highlands Elementary, childcare, shops, restaurants, banks and transit. An ideal home for SFU students, parents looking to purchase for their children, or investors seeking a property in a highly convenient university community. Walk to class, daily essentials and transit-everything is right at your doorstep. No pets allowed.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 605 sq ft
- Parking
- 1
- Year built
- 2016
- Property tax
- $1,466 / yr
- Strata fee
- $326 / mo ($0.54 / sq ft)
- Strata rules
- Pets not Allowed, Rentals Allowed With Restrictions
- Days on market
- 133
- MLS®
- R3129671
Features
- Central location
- Elevator
- Pets not Allowed
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$2,408/mo
Mortgage $1,960 · Tax $122 · Strata $326
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
- $1,710/mo
- After all costs
- −$870/mo
- Cap rate
- 2.9%
- yearly net rent ÷ price
Costs: mortgage $1,960 · tax $122 · strata $326 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom in North 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 University Highlands Elementaryhomes in this catchment
100 m away · 9388 Tower Rd, Burnaby · 604-296-9036
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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