Open houseCondo
$599,000
1006 5987 WILSON AVENUE
Burnaby46 days on market
MLS® R3158347
1 / 21
1 bed · 1 bath · 484 sq ft · 1 parking
Condo · Single Family · built 2020 · 191 days on market
Listed by Marshall Zalik, Royal LePage Westside
Realtor's description
This stylish unit has high ceilings, air conditioning and gets lots of natural light. Sleek kitchen has stone counters, fridge, gas range, oven, dishwasher, and microwave. Bedroom has walk-in closet. Suite has in-suite laundry and a small outdoor area. Building has extensive common area and amenities including roof top deck with pool, and large recreation center. The location is a short walk to sky train, Winners, Save-On Foods. Brentwood Mall and provides easy access to BCIT and SFU. Cats and dogs are accepted with some restrictions. This unit has a good Tenant in place that might be appealling to an investor.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 484 sq ft
- Parking
- 1
- Year built
- 2020
- Property tax
- $1,503 / yr
- Strata fee
- $323 / mo ($0.67 / sq ft)
- Strata rules
- Rentals Allowed With Restrictions
- Days on market
- 191
- MLS®
- R3105877
Features
- Elevator
- Rentals Allowed With Restrictions
- All
- Dishwasher
Monthly cost
$2,535/mo
Mortgage $2,087 · Tax $125 · Strata $323
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
- $1,710/mo
- After all costs
- −$997/mo
- Cap rate
- 2.7%
- yearly net rent ÷ price
Costs: mortgage $2,087 · tax $125 · strata $323 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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 Kitchener Elementaryhomes in this catchment
600 m away · 1351 Gilmore Ave, Burnaby · 604-296-9017
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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