Townhouse
$699,800
12% under assessed2757 ELLERSLIE AVENUE
Burnaby50 days on market
MLS® R3157562
1 / 24
1 bed · 2 bath · 753 sq ft · 1 parking
Condo · Single Family · built 1999 · 93 days on market
Listed by Tracy Niu, Nu Stream Realty Inc.
Realtor's description
1 bedroom price to get a 2 bedroom 2 bathroom North East corner condo. Gemini 1, a quality concrete high-rise built by Bosa. This spacious 1 bedroom plus large DEN (easily a 2nd bedroom) 2 bathroom condo features an open floorplan with a huge balcony to the East. Completely renovated and new appliances in 2023. Smart light and lock upgraded.Low maintenance fee includes hot water and gas fireplace. This unit comes with 1 parking and 1 locker. The building is conveniently situated in Highgate area on a quiet, cherry blossom lined street, steps to Nikkei Centre, tennis courts, Highgate Shopping. A short walk to Edmonds SkyTrain Station, close to Edmonds Community Centre, library, and Metrotown. Transit just one block away. Gym, hot tub, Sauna/Steam room, party room. Oct. 11 Sun. 2-4pm.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 753 sq ft
- Parking
- 1
- Year built
- 1999
- Property tax
- $1,640 / yr
- Strata fee
- $375 / mo ($0.50 / sq ft)
- Days on market
- 93
- MLS®
- R3143866
Features
- Central location
- Elevator
- All
Floor plans
Found among the listing photos.
Monthly cost
$2,903/mo
Mortgage $2,392 · Tax $137 · Strata $375
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
- $1,564/mo
- After all costs
- −$1,500/mo
- Cap rate
- 2.0%
- yearly net rent ÷ price
Costs: mortgage $2,392 · tax $137 · strata $375 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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
BurnabyGoogle Maps ↗
Schools
Catchment schools, Burnaby School District 41
- Elementary Windsor Elementaryhomes in this catchment
600 m away · 6166 Imperial St, Burnaby · 604-296-9038
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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