Condo
$499,000
2005 2378 ALPHA AVENUE
Burnabylisted today
MLS® R3174340
1 / 20
1 bed · 1 bath · 617 sq ft · 1 parking
Condo · Single Family · built 2023 · 45 days on market
Listed by Po Ling Mah, Sutton Group-West Coast Realty
Realtor's description
Cedar Creek - An immaculately Clean Penthouse living offers privacy, better views, more light and an elevated lifestyle. Spacious 1-bedroom plus den. A breathtaking 180 degree panoramic views. Enjoy abundant natural light ( SE )and a peaceful, private outlook from this exceptional penthouse home. Conveniently located near schools, parks, shopping, and everyday amenities, with Edmonds SkyTrain Station just a 10-minute walk away for an easy commute. The unit comes with 1 EV parking stall and a (L size) storage locker. GYM , 1 big secured Bike Room for Residents. Visitor parking available, Car Wash Bay available, 1 x Guest Suite. Proactive Strata. Open House: Sunday, October 4 , 1-3 pm - Email offer: polingmah8@gamil.com
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 617 sq ft
- Parking
- 1
- Year built
- 2023
- Property tax
- $1,911 / yr
- Strata fee
- $301 / mo ($0.49 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 45
- MLS®
- R3158674
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Intercom
- Oven - Built-In
Monthly cost
$2,900/mo
Mortgage $2,440 · Tax $159 · Strata $301
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
- $1,564/mo
- After all costs
- −$1,496/mo
- Cap rate
- 2.0%
- yearly net rent ÷ price
Costs: mortgage $2,440 · tax $159 · strata $301 · 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
Location
BurnabyGoogle Maps ↗
Schools
Catchment schools, Burnaby School District 41
- Elementary Stride Avenue Community Elementaryhomes in this catchment
500 m away · 7014 Stride Ave, Burnaby · 604-296-9032
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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