Condo
$459,000
34% less per sq ft705 6055 Nelson Avenue
Burnaby36 days on market
MLS® R3161785
1 / 30
2 bed · 2 bath · 817 sq ft · 1 parking
Condo · Single Family · built 2010 · 31 days on market
Listed by Jennifer Ricci, Macdonald Realty
Realtor's description
PENTHOUSE LEVEL, COURTYARD FACING HOME AT MEMENTO BY LEDINGHAM MCALLISTER! This bright 2 bedroom & 2 bathroom home offers the perfect urban lifestyle. The open and efficient floorplan with separated bedrooms offers no wasted space with a spacious living/dining area, large windows & a fireplace. Generous primary bed with ensuite and walk-in closet. Perfect for investors, down sizers & growing families. Includes 1 secure parking stall. Enjoy the lush, courtyard exposure on your 86 square ft balcony - ideal for entertaining. Prime location steps to Amazing Brentwood shopping, SkyTrain station, dining & entertainment yet slightly removed to enjoy some calm. This is modern city living balanced perfectly with convenience. INCREDIBLE VALUE, SCHEDULE YOUR SHOWING TODAY! OPEN SAT, OCT 10, 12-2PM
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 817 sq ft
- Parking
- 1
- Year built
- 2010
- Property tax
- $2,117 / yr
- Strata fee
- $379 / mo ($0.46 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 31
- MLS®
- R3163481
Features
- Central location
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,278/mo
Mortgage $2,723 · Tax $176 · Strata $379
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
- $2,110/mo
- After all costs
- −$1,372/mo
- Cap rate
- 2.6%
- yearly net rent ÷ price
Costs: mortgage $2,723 · tax $176 · strata $379 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-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 Brentwood Park Elementaryhomes in this catchment
700 m away · 1455 Delta Ave, Burnaby · 604-296-9003
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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