Condo
$524,900
2208 4650 BRENTWOOD BOULEVARD
Burnaby12 days on market
1 bd1 ba540 sq ft
MLS® R31696741 / 28
$414,900
512 9888 UNIVERSITY CRESCENT
Burnaby · MLS® R3114967
1 bed · 1 bath · 624 sq ft
Condo · Single Family · built 2022 · 168 days on market
Listed by Matt Lee, Rennie & Associates Realty Ltd.
Realtor's description
READY FOR IMMINENT POSSESSION! Incredible turnkey value atop Burnaby Mountain at Oslo by Eighth Avenue. This bright, modern 1-bedroom home features an open-concept layout with wide-plank flooring, premium quartz counters, and energy-efficient appliances that flow seamlessly onto a private balcony. Perfect for car-free university living or a high-yield student rental: features direct access to the secure common bike storage room PLUS your own private out-of-suite storage locker. Steps from Simon Fraser University campus, Nesters Market, and the SFU Transit Exchange for seamless commuting. Under BC law, long-term rentals are fully permitted with zero rental caps. Transit passes, car-share programs, and monthly campus parking options are readily available. Do not miss the best-priced 1-bed on the mountain!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 624 sq ft
- Parking
- 0
- Year built
- 2022
- Property tax
- $1,665 / yr
- Strata fee
- $351 / mo ($0.56 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 168
- MLS®
- R3114967
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Monthly cost
$2,297/mo
Mortgage $1,808 · Tax $139 · Strata $351
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
- −$759/mo
- Cap rate
- 3.0%
- yearly net rent ÷ price
Costs: mortgage $1,808 · tax $139 · strata $351 · 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 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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