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$380,000

319 7377 SALISBURY AVENUE

Burnaby · MLS® R3167788

1 bath · 478 sq ft · 1 parking

Condo · Single Family · built 1977 · 16 days on market

Listed by Mick McLennan, RE/MAX All Points Realty

This Bosa-built building offers a community that centers around lots of green space & is located within an easy walk to shops, restaurants, the Edmonds Skytrain & the Byrne Creek trails. The Interior has recently been renovated & fully updated, featuring all-new appliances, cabinets with soft-close features, all-new window coverings, a newly remodelled bath & vinyl flooring throughout. The spacious living room area may be divided to have a separate bedroom area. Sliding door to a good-sized, private deck overlooking a greenbelt. The building is well maintained and offers an exercise room, a sauna & recreational room. Strata fees include heat and hot water. 1 dog (approx 20" at shoulder) or 2 cats permitted. There is 1 secure, underground parking and a storage locker.

Type: Condo, Single Family
Bathrooms: 1
Living area: 478 sq ft
Parking: 1
Year built: 1977
Property tax: $1,101 / yr
Strata fee: $338 / mo ($0.71 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 16
MLS®: R3167788

Below typical for the area (-8.6%)

2026 assessment: $376,700 · asking is +0.9%
Price per sq ft: $795 vs $869 median for condos in Burnaby for sale (992)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Elevator
Pets Allowed With Restrictions
Refrigerator
Dishwasher
Stove

On market 16 days

Listed now: 55 days; median for 992 condos for sale; this one 16 days

Condos in Burnaby. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$2,086/mo

Mortgage $1,656 · Tax $92 · Strata $338

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$1,656/ monthly

loan $304,000

25-year amortization

down payment20% · $76,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $192,687
property transfer tax: $5,600; BC general rate
cash to close: $81,600; down + PTT
total paid: $496,687

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $1,429/mo
After all costs: −$806/mo
Cap rate: 2.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,656 · tax $92 · strata $338 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a studio in Southeast 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

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