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$729,000

3705 4900 LENNOX LANE

Burnaby · MLS® R3162322

2 bed · 2 bath · 780 sq ft · 1 parking

Condo · Single Family · built 2017 · 29 days on market

Listed by Angela Pan, Sutton Group - Vancouver First Realty

Unbeatable CORNER unit with breathtaking Deer Lake and mountain views! Perched on the 37th floor, this elegant NE corner home offers sweeping panoramic views stretching from Deer Lake and the mountains to the Fraser River. Featuring 2 bedrooms and 2 bathrooms, the thoughtfully designed layout offers an excellent balance of space, functionality and natural light. Move-in ready with fresh paint throughout and brand-new carpets in both bedrooms. Enjoy an unbeatable location with Bonsor Community Centre right across the street, while Metropolis at Metrotown, Crystal Mall and SkyTrain are just steps away. Surrounded by shopping, dining, recreation and transit, this is city living at its finest. Nothing to do but move in and enjoy!OPEN HOUSE OCT 3 12:00-1:30PM

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 780 sq ft
Parking: 1
Year built: 2017
Property tax: $2,336 / yr
Strata fee: $344 / mo ($0.44 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 29
MLS®: R3162322

Above typical for the area (+7.5%)

2026 assessment: $740,000 · asking is -1.5%
Price per sq ft: $935 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
Rentals Allowed With Restrictions
All
Hot Tub

On market 29 days

Listed now: 55 days; median for 992 condos for sale; this one 29 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 Maps can be out of date or miss a lot line; confirm with the municipality.

$3,714/mo

Mortgage $3,176 · Tax $195 · Strata $344

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

estimated payment

$3,176/ monthly

loan $583,200

25-year amortization

down payment20% · $145,80020%+ 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: $369,655
property transfer tax: $12,580; BC general rate
cash to close: $158,380; down + PTT
total paid: $952,855

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: $2,325/mo
After all costs: −$1,610/mo
Cap rate: 2.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,176 · tax $195 · strata $344 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-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

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