Condo
$799,000
31% less per sq ft2203 6240 MCKAY AVENUE
Burnaby66 days on market
MLS® R3152542
1 / 24
2 bed · 2 bath · 807 sq ft · 1 parking
Condo · Single Family · built 2023 · 155 days on market
Listed by Nick Dhillon, Royal LePage Global Force Realty
Realtor's description
University City Living with This Exceptional 2-Bed, 2-Bath Concrete Unit by MOSAIC. Experience the perfect blend of LOCATION AND VIEWS in this Newly constructed, modern 2-bedroom, 2-bathroom residence at the heart of SFU. Positioned as a corner unit, it showcases breathtaking views and features a contemporary open-concept layout flooded with natural light. benefiting from its prime location, this property is an ideal investment opportunity with convenient access to grocery stores, shopping, recreation, transit, and SFU. Included is one parking stall, making it a practical choice for both personal residence and investment purposes. Seize the opportunity-reach out for more details!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 807 sq ft
- Parking
- 1
- Year built
- 2023
- Property tax
- $2,195 / yr
- Strata fee
- $542 / mo ($0.67 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 155
- MLS®
- R3119899
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Floor plans
Found among the listing photos.
Monthly cost
$3,726/mo
Mortgage $3,001 · Tax $183 · Strata $542
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
- −$1,820/mo
- Cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $3,001 · tax $183 · strata $542 · 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
BurnabyGoogle Maps ↗
Schools
Catchment schools, Burnaby School District 41
- Elementary University Highlands Elementaryhomes in this catchment
300 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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