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$1,598,900

5105 2186 GILMORE AVENUE

Burnaby · MLS® R3082975

2 bed · 2 bath · 1,005 sq ft · 2 parking

Condo · Single Family · built 2024 · 254 days on market

Listed by Bill Dritsas, Stonehaus Realty Corp.

Not your typical condo-this is true penthouse living on the 51st floor. A two-bedroom plus den, two-bath residence offering over 1,000 sq ft, soaring 14-foot ceilings, and unobstructed west-facing views as far as the eye can see. Gilmore Place offers access to a collection of renowned, life-enriching amenities totaling over 75,000 sq ft.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,005 sq ft
Parking: 2
Year built: 2024
Property tax: $3,765 / yr
Strata fee: $778 / mo ($0.77 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 254
MLS®: R3082975

Price per sq ft: $1,591 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
Private setting
Wet bar
Elevator
Pets Allowed With Restrictions
All

On market 254 days

Listed now: 55 days; median for 992 condos for sale; this one 254 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 Maps can be out of date or miss a lot line; confirm with the municipality.

$8,058/mo

Mortgage $6,966 · Tax $314 · Strata $778

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

estimated payment

$6,966/ monthly

loan $1,279,120

25-year amortization

down payment20% · $319,78020%+ 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: $810,756
property transfer tax: $29,978; BC general rate
cash to close: $349,758; down + PTT
total paid: $2,089,876

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: $2,110/mo
After all costs: −$6,152/mo
Cap rate: 0.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $6,966 · tax $314 · strata $778 · 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

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