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$754,999

37 7428 14TH AVENUE

Burnaby · MLS® R3155122

All units at 7428 14th Ave →

2 bed · 2 bath · 1,014 sq ft · 1 parking

Townhouse · Single Family · built 2009 · 58 days on market

Listed by Uday Kinger, Nationwide Realty Corp.

Realtor's description

Welcome to Kingsgate Gardens! This bright and spacious 2-bedroom, 2-bathroom townhome offers comfortable living in a highly convenient location. Perfect for families, first-time buyers, or investors, this well-maintained home is within walking distance to schools, grocery stores, restaurants, and public transit. Enjoy easy access to Edmonds Community Centre, Highgate Village, Metrotown Shopping Centre, and frequent bus service along Kingsway. Offering a functional layout, generous living space, and an unbeatable central location, this is an excellent opportunity to own in one of Burnaby's most desirable and connected communities. Don't miss out!

Property details

Type: Townhouse, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,014 sq ft
Parking: 1
Year built: 2009
Property tax: $2,341 / yr
Strata fee: $312 / mo ($0.31 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 58
MLS®: R3155122

Features

Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions

Floor plans

Found among the listing photos.

Price check

Typical for the area (+2.7%)

2026 assessment: $774,000 · asking is -2.5%
Price per sq ft: $745 vs $725 median for townhouses in Burnaby for sale (196)

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.

Property insights

On market 58 days · no price changes so far

The market here

Listed now: 44 days; median for 204 townhouses for sale; this one 58 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$774,000	$2,542

The listing shows $2,341 a year in property tax.

Estimate: the BC Assessment value times Burnaby's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$3,796/mo

Mortgage $3,289 · Tax $195 · Strata $312

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

estimated payment

$3,289/ monthly

loan $603,999

25-year amortization

down payment20% · $151,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $382,838
property transfer tax: $13,100; BC general rate
cash to close: $164,100; down + PTT
total paid: $986,837

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.

If you rented it out

Rent: $1,824/mo
After all costs: −$2,293/mo
Cap rate: 1.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,289 · tax $195 · strata $312 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom 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

Location

The building's lot: 5,876 m² (63,249 sq ft) · PID 028-114-281. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

BurnabyGoogle Maps ↗

Location

BurnabyGoogle Maps ↗

Schools

Catchment schools, Burnaby School District 41

Elementary Twelfth Avenue Elementaryhomes in this catchment
600 m away · 7622 12th Ave, Burnaby · 604-296-9035

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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