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$728,000

416 6438 BYRNEPARK DRIVE

Burnaby · MLS® R3168488

2 bed · 2 bath · 880 sq ft · 1 parking

Condo · Single Family · built 2023 · 16 days on market

Listed by Sam Li, RE/MAX Crest Realty

Realtor's description

South-facing sub-penthouse at Byrnepark by Polygon, offering a spacious 880SF 2 Bed & 2 Bath layout. Features an efficient, open floor plan with 9' ceilings and thoughtfully bedrooms located on opposite side for extra privacy. The primary bedroom includes a walk-in closet and spa-inspired ensuite with double vanity. Modern kitchen with stainless steel appliances, large island, and ample storage. Expansive windows bring in abundant natural light. Centrally located with easy access to Edmonds SkyTrain, Market Crossing, Save-On-Foods, Metrotown, Vancouver & New West. Steps to parks, trails, dog park, Rec Centre, golf course & more. Includes 1 EV rough-in parking stall and 1 storage locker. School catchment: Taylor Park Elementary & Byrne Creek Secondary.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 880 sq ft
Parking: 1
Year built: 2023
Property tax: $2,428 / yr
Strata fee: $452 / mo ($0.51 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 16
MLS®: R3168488

Features

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Typical for the area (-5.0%)

2026 assessment: $754,000 · asking is -3.4%
Price per sq ft: $827 vs $870 median for condos in Burnaby for sale (975)
Last sold: $797,895 · Feb 19, 2023

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.

Property insights

On market 16 days · no price changes so far

The market here

Listed now: 51 days; median for 1044 condos for sale; this one 16 days

Condos in Burnaby. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$754,000	$2,476
2025	$813,000	$2,421

Estimated tax up 2.3% from 2025 to 2026.

The listing shows $2,428 a year in property tax.

Estimate: the BC Assessment value times Burnaby's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$3,826/mo

Mortgage $3,172 · Tax $202 · Strata $452

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

estimated payment

$3,172/ monthly

loan $582,400

25-year amortization

down payment20% · $145,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $369,148
property transfer tax: $12,560; BC general rate
cash to close: $158,160; down + PTT
total paid: $951,548

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.

If you rented it out

Rent: $1,824/mo
After all costs: −$2,183/mo
Cap rate: 1.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,172 · tax $202 · strata $452 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Southeast 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

The building's lot: 14,673 m² (157,939 sq ft). From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

BurnabyGoogle Maps ↗

Location

BurnabyGoogle Maps ↗

Schools

Catchment schools, Burnaby School District 41

Elementary Taylor Park Elementaryhomes in this catchment
600 m away · 7590 Mission Ave, Burnaby · 604-296-9034

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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