4940 Rumble Street

Burnaby · MLS® R3180070

768

7,494 sq ft · 1 sq ft lot · House · Single Family · built 2014 · listed today

listed by Morning Yu, Laboutique Realty

realtor's description

Here is the one buyers dream home, built in 2014 on a big corner lot in the heart of Burnaby's Royal Oak neighbourhood, with the upper level kept as a complete owner's residence and two main-level suites bringing in rental income with total of 3 kitchens. Life inside is comfortable all year: air conditioning for the summer, warm heated floors in the winter, a fresh-air system throughout, and a durable tile roof overhead. The location is hard to beat: only about 1.5 km to Metrotown, schools close by, and restaurants, cafés, supermarkets and parks all within easy reach, with Royal Oak SkyTrain Station close by. And the lot itself is a huge potential of the area's community plan points to apartment buildings of up to eight storeys in the future! Don't miss out!

property details

type: House, Single Family
bedrooms: 7
bathrooms: 6
living area: 7,494 sq ft
lot: 1 sq ft
parking: 8
year built: 2014
property tax: $8,570 / yr
days on market: 0
MLS®: R3180070

the market here

listed now: 64 days; median for 548 houses for sale; this one listed today

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

monthly cost

$10,784/mo

Mortgage $10,070 · Tax $714

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$10,070/ monthly

loan $1,830,400

25-year amortization

down payment20% · $457,60020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 30, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,190,541
property transfer tax: $46,640; BC general rate
cash to close: $504,240; down + PTT
total paid: $3,020,941

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

suite rent: $2,080/mo
your cost after the suite: $9,045/mo; vs $10,959 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $10,070 · tax $714 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 1-bedroom in Central Park/Metrotown, Burnaby: CMHC's average there ($1,813) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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

lot outline: 684 m² (7,363 sq ft) · PID 003-253-490. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

BurnabyGoogle Maps ↗

Rapid transit: Royal Oak SkyTrain station, 700 m (about 11 min walk); Metrotown SkyTrain station, 1.5 km (about 23 min walk).

schools

Catchment schools, Burnaby School District 41

Elementary Nelson Elementaryhomes in this catchment
100 m away · 4850 Irmin St, Burnaby · 604-296-9025

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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.