506 6659 SOUTHOAKS CRESCENT
Burnaby · MLS® R3137394
2 bed · 2 bath · 1,069 sq ft · 1 parking
Condo · Single Family · built 2003 · 111 days on market
Listed by Daniel Yeung, Oakwyn Realty Ltd.
Realtor's description
Bright 2-bed, 2 bath home at Gemini II by BOSA in Burnaby's Highgate area. This 1,069 square ft suite features city & mountain views, floor-to-ceiling windows, a gas fireplace, and an open layout with a spacious living & dining room plus a 4-piece ensuite off the primary bedroom. Eat-in kitchen with nook. Includes 1 underground parking stall and a storage locker. Resort-style amenities: exercise centre, sauna and steam room, bike room, in-suite laundry; landscaped courtyard gardens & children's playground. Well-maintained concrete building built in 2003. Pet-and rental-friendly, great for owners or investors. Steps to City public tennis courts, Edmonds SkyTrain Station, Highgate Village Mall, Metropolis at Metrotown, schools & Deer Lake Park, with easy Kingsway access to Vancouver, New Westminster & Richmond. Bonus: Southoaks Crescent is one of Burnaby's top cherry blossom hot spots, lined with blooming sakura each spring. Move-in ready - don't miss this opportunity! Open House Sat Sept 12 12:30-2:30pm
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,069 sq ft
- Parking
- 1
- Year built
- 2003
- Property tax
- $2,478 / yr
- Strata fee
- $474 / mo ($0.44 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 111
- MLS®
- R3137394
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Monthly cost
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
- $1,824/mo
- After all costs
- −$2,083/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $3,045 · tax $207 · strata $474 · 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
Schools
Catchment schools, Burnaby School District 41
- Elementary Windsor Elementaryhomes in this catchment
700 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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