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$998,000

6 7488 SALISBURY AVENUE

Burnaby · MLS® R3158961

3 bed · 3 bath · 1,845 sq ft · 1 parking

Townhouse · Single Family · built 1996 · 42 days on market

Listed by Ayaka Aoki, RE/MAX City Realty

Realtor's description

Winston Gardens - A well managed private gated complex, located in the desirable Highgate area. Only two homes Unit 6 and Unit 7. Combined as a Duplex style Townhouse. Welcome to this cozy, large size townhouse with both big front & back fenced yards. New upgraded renovation done in Kitchen and washrooms. Spacious master bedroom situated on the top floor for privacy with full ensuite bath, walk-in closet and a private balcony. Central location, walking distance to Edmonds Skytrain Station, Transit and Highgate Mall. Underground gated secured parking with easy access from the basement. 5 min drive to parks & schools. Call today!

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 1,845 sq ft
Parking: 1
Year built: 1996
Property tax: $3,238 / yr
Strata fee: $430 / mo ($0.23 / sq ft)
Days on market: 42
MLS®: R3158961

Buying in a building from 1982 to 2000: what to read first

Features

Central location
All

Price check

Below typical for the area (-25%)

2026 assessment: $1,066,000 · asking is -6.4%
Price per sq ft: $541 vs $724 median for townhouses in Burnaby for sale (199)

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.

Property insights

On market 42 days

The market here

Listed now: 43 days; median for 199 townhouses for sale; this one 42 days

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

Monthly cost

$5,048/mo

Mortgage $4,348 · Tax $270 · Strata $430

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

estimated payment

$4,348/ monthly

loan $798,400

25-year amortization

down payment20% · $199,60020%+ 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: $506,057
property transfer tax: $17,960; BC general rate
cash to close: $217,560; down + PTT
total paid: $1,304,457

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.

If you rented it out

Rent: $1,824/mo
After all costs: −$3,545/mo
Cap rate: 1.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,348 · tax $270 · strata $430 · insurance ~$175 · 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

BurnabyGoogle Maps ↗

Location

BurnabyGoogle Maps ↗

Good to know

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