Open houseCondo
$549,000
4705 1955 ALPHA WAY
Burnaby8 days on market
MLS® R3171103
1 / 20
1 bath · 400 sq ft · 1 parking
Condo · Single Family · built 2015 · 88 days on market
Listed by Eric Cheng, 1NE Collective Realty Inc.
Realtor's description
SOVEREIGN built by BOSA. South facing unit with unobstructed view of the city and plenty of natural light exposure. Modern kitchen with Miele kitchen appliances & Kohler fixtures. Air conditioned for all year round comfort. Located in the Heart of Metrotown! Just steps away from Skytrain, Crystal Mall, Metropolis, many supermarkets and restaurants. Comes with 1 parking 1 storage locker.
Property details
- Type
- Condo, Single Family
- Bathrooms
- 1
- Living area
- 400 sq ft
- Parking
- 1
- Year built
- 2015
- Property tax
- $1,470 / yr
- Strata fee
- $286 / mo ($0.72 / sq ft)
- Strata rules
- Pets not Allowed, Rentals Allowed With Restrictions
- Days on market
- 88
- MLS®
- R3145628
Features
- Central location
- Elevator
- Gated community
- Pets not Allowed
- Rentals Allowed With Restrictions
- All
Monthly cost
$2,368/mo
Mortgage $1,960 · Tax $122 · Strata $286
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
- $1,561/mo
- After all costs
- −$967/mo
- Cap rate
- 2.6%
- yearly net rent ÷ price
Costs: mortgage $1,960 · tax $122 · strata $286 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a studio 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
400 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.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
