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$529,000

608 3809 EVERGREEN PLACE

Burnaby · MLS® R3162714

1 bed · 1 bath · 574 sq ft · 1 parking

Condo · Single Family · built 2023 · 28 days on market

Listed by Steven Tse, Macdonald Realty

Welcome to The City of Lougheed Tower One by SHAPE Properties! This bright East-facing 1 bedroom home features a modern kitchen with Bosch appliances, quartz counters, gas cooktop, and island. Enjoy A/C, laminate flooring plus a spacious balcony. Expansive windows provide exceptional natural light. Side-by-side insuite laundry, storage locker and upgraded full-size EV parking stall on P1 are included. Over 22,000 sq.ft. of resort-style amenities: gym, lounges, rooftop BBQ, games room, concierge, and more. Steps to Lougheed Mall, SkyTrain, dining, and cafes. Ideal for first time buyers and investors! OPEN HOUSE : Saturday, OCT 10th, 2PM - 4PM

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 574 sq ft
Parking: 1
Year built: 2023
Property tax: $1,787 / yr
Strata fee: $343 / mo ($0.60 / sq ft)
Strata rules: Pets Allowed
Days on market: 28
MLS®: R3162714

Typical for the area (+6.0%)

2026 assessment: $540,000 · asking is -2.0%
Price per sq ft: $922 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
Elevator
Pets Allowed

On market 28 days

Listed now: 55 days; median for 992 condos for sale; this one 28 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 Maps can be out of date or miss a lot line; confirm with the municipality.

$2,797/mo

Mortgage $2,305 · Tax $149 · Strata $343

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

estimated payment

$2,305/ monthly

loan $423,200

25-year amortization

down payment20% · $105,80020%+ 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: $268,241
property transfer tax: $8,580; BC general rate
cash to close: $114,380; down + PTT
total paid: $691,441

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: $1,564/mo
After all costs: −$1,393/mo
Cap rate: 2.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,305 · tax $149 · strata $343 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-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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