Condo
$695,000
1801 1955 ALPHA WAY
Burnaby1 day on market
MLS® R3173840
1 / 2
3 bed · 2 bath · 1,302 sq ft · 2 parking
Condo · Single Family · built 2005 · 1 day on market
Listed by Judy Cheng, Interlink Realty
Realtor's description
The Presidia by BOSA. Highly sought-after 3 bedroom- 2 bathrooms condo, corner big unit facing Northwest, in the heart of Metrotown. A beautiful, spacious, seamless flow floor plan maximizes every square foot. Move in condition. Building amenities includes: hot tub, sauna, well equipped gym & yoga room, meeting room. Unbeatable location. You can stroll to the best restaurants nearby, Public Library, Community Centre, banks, supermarket, theatre, Metropolis the biggest shopping Mall, Central Park, Skytrain/Canada Line, bus, everything near you. Unit in this boutique building seldom come on the market -- schedule your viewing today before it's gone. School Catchment:K-7,Chaffey-Burke Elem./or Inman Elem & Cascade Heights (French Immersion) 8-12, Burnaby South, Moscrop Secondary (French)
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,302 sq ft
- Parking
- 2
- Year built
- 2005
- Property tax
- $2,963 / yr
- Strata fee
- $716 / mo ($0.55 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 1
- MLS®
- R3173870
Features
- Central location
- Treed
- Elevator
- Wheelchair access
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Monthly cost
$5,093/mo
Mortgage $4,130 · Tax $247 · Strata $716
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
- $2,586/mo
- After all costs
- −$2,749/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $4,130 · tax $247 · strata $716 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ 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 Chaffey-Burke Elementaryhomes in this catchment
700 m away · 4404 Sardis St, Burnaby · 604-296-9008
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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