Open houseHouse
$1,408,800
39% under assessed1 7087 MARY AVENUE
Burnaby13 days on market
4 bd4 ba2,330 sq ft
MLS® R31693511 / 26
$1,200,000
404 5535 HASTINGS STREET
Burnaby · MLS® R3130923
3 bed · 2 bath · 1,180 sq ft · 1 parking
Condo · Single Family · built 2024 · 127 days on market
Listed by Han Lee, JULY Realty
Realtor's description
BRAND NEW! Air Conditioned Rare PENTHOUSE Home! Absolutely Best Unit in the Whole Complex with STUNNING PANORAMIC VIEW! Move in Ready, Very Functional Open concept 1,180 SF, 3 King Sized Bedrooms + 2 Full Bath Luxury condo located in the Prestigious Capitol Hill in North Burnaby.Modern & Comtemporary design with quality finishing throughout the whole unit with Quality Bloomberg Stainless Steel appliance packages. Walkingdistance to Capitol Hill Elementary, Burnaby North Secondary schools & Kensington Park. 2-min drive to Kensington Square Shopping Centre & 5 minuteproximity to SFU is a Big Bonus. This residence transcends the ordinary, offering both accessibility and cultural vibrancy. 1 Locker and 1 Parking ALLincluded. BONUS: Additional Parking may available. A/C option Avail. This is a Must See!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,180 sq ft
- Parking
- 1
- Year built
- 2024
- Property tax
- $2,951 / yr
- Strata fee
- $627 / mo ($0.53 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 127
- MLS®
- R3130923
Features
- Central location
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- Washer
- Refrigerator
- Dishwasher
Monthly cost
$6,101/mo
Mortgage $5,228 · Tax $246 · Strata $627
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
- $2,345/mo
- After all costs
- −$3,978/mo
- Cap rate
- 1.2%
- yearly net rent ÷ price
Costs: mortgage $5,228 · tax $246 · strata $627 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ bedroom in North 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
BurnabyGoogle Maps ↗
Schools
Catchment schools, Burnaby School District 41
- Elementary Capitol Hill Elementaryhomes in this catchment
300 m away · 350s Holdom Ave, Burnaby · 604-296-9006
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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