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$538,000

508 9890 MANCHESTER DRIVE

Burnaby · MLS® R3077064

2 bed · 1 bath · 886 sq ft · 1 parking

Condo · Single Family · built 1981 · 273 days on market

Listed by Angela Pan, Sutton Group - Vancouver First Realty

Beautifully home with updated bathroom and a renovated kitchen featuring quartz countertops and sleek stainless steel appliances. This spacious home offers a functional layout with an enclosed balcony, in-suite laundry. Located in a well-maintained building that includes a fitness room. building itself also been upgraded a lot. Tucked away in a quiet yet ultra-convenient location-just minutes from Lougheed skytrain, Lougheed Mall and nearby parks. A fantastic opportunity for first-time buyers or investor alike!PARKING 26

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 1
Living area: 886 sq ft
Parking: 1
Year built: 1981
Property tax: $1,655 / yr
Strata fee: $429 / mo ($0.48 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 273
MLS®: R3077064

Below typical for the area (-30%)

Price per sq ft: $607 vs $869 median for condos in Burnaby for sale (992)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Treed
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

On market 273 days

Listed now: 55 days; median for 992 condos for sale; this one 273 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$2,911/mo

Mortgage $2,344 · Tax $138 · Strata $429

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,344/ monthly

loan $430,400

25-year amortization

down payment20% · $107,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $272,804
property transfer tax: $8,760; BC general rate
cash to close: $116,360; down + PTT
total paid: $703,204

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $1,824/mo
After all costs: −$1,268/mo
Cap rate: 2.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,344 · tax $138 · strata $429 · 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

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