2 bed · 2 bath · 825 sq ft · 1 parking
Condo · Single Family · built 2021 · 213 days on market
Listed by Blair Wang, LeHomes Realty Premier
Realtor's description
Located in the heart of SFU, Fraser by Mosaic is steps from cafes, markets, and eateries. This 2-bedroom corner unit features an efficient open layout, herringbone floors, a quartz countertop kitchen with stainless steel appliances, and radiant floor heating. The building offers amenities like an on-site manager, visitor parking, bike storage, and a garden. Pets and rentals are allowed, enhancing flexibility for residents. It's zoned for University Highlands Elementary and Burnaby Mountain Secondary, making it ideal for modern living in a prime location.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 825 sq ft
- Parking
- 1
- Year built
- 2021
- Property tax
- $1,666 / yr
- Strata fee
- $581 / mo ($0.70 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 213
- MLS®
- R3098250
Features
- Elevator
- Pets Allowed With Restrictions
- All
- Dishwasher
- Dryer
Monthly cost
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
- −$1,332/mo
- Cap rate
- 2.5%
- yearly net rent ÷ price
Costs: mortgage $2,518 · tax $139 · strata $581 · 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
Schools
Catchment schools, Burnaby School District 41
- Elementary University Highlands Elementaryhomes in this catchment
200 m away · 9388 Tower Rd, Burnaby · 604-296-9036
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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