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$879,000

7 5132 CANADA WAY

Burnaby · MLS® R3151288

3 bed · 3 bath · 1,122 sq ft · 1 parking

Townhouse · Single Family · built 2018 · 70 days on market

Listed by Chen Zhao, Sutton Group - Vancouver First Realty

Realtor's description

Located in the heart of pristine Deer Lake, this stunning 3-bed, 2.5-bath townhouse by award-winning GBL Architects offers modern luxury in a historic setting. The bright, open-concept layout features 9' ceilings, polished quartz counters, and premium S/S appliances. Steps from the scenic trails of Deer Lake Park and the heritage charm of Burnaby Village Museum, it's the ultimate family location. Residents enjoy a private gym, kids' play area, and clubhouse w/BBQ. Situated in the coveted Buckingham Elementary and Burnaby Central catchments with direct HWY #1 access and quick transit to Metrotown and Brentwood. Includes a large storage locker. Experience the perfect blend of nature and urban convenience. Call now to book your private showing!

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 1,122 sq ft
Parking: 1
Year built: 2018
Property tax: $2,950 / yr
Strata fee: $397 / mo ($0.35 / sq ft)
Strata rules: Pets Allowed
Days on market: 70
MLS®: R3151288

Features

Central location
Elevator
Pets Allowed
All

Price check

Above typical for the area (+8.2%)

2026 assessment: $920,000 · asking is -4.5%
Price per sq ft: $783 vs $724 median for townhouses in Burnaby for sale (196)
Last sold: $955,000 · Apr 29, 2024

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 70 days · no price changes so far

The market here

Listed now: 44 days; median for 204 townhouses for sale; this one 70 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$920,000	$3,021

The listing shows $2,950 a year in property tax.

Estimate: the BC Assessment value times Burnaby's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$4,473/mo

Mortgage $3,830 · Tax $246 · Strata $397

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

estimated payment

$3,830/ monthly

loan $703,200

25-year amortization

down payment20% · $175,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $445,716
property transfer tax: $15,580; BC general rate
cash to close: $191,380; down + PTT
total paid: $1,148,916

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: −$2,970/mo
Cap rate: 1.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,830 · tax $246 · strata $397 · 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

The building's lot: 18,020 m² (193,965 sq ft) · PID 030-634-920. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

BurnabyGoogle Maps ↗

Location

BurnabyGoogle Maps ↗

Schools

Catchment schools, Burnaby School District 41

Elementary Buckingham Elementaryhomes in this catchment
800 m away · 6066 Buckingham Ave, Burnaby · 604-296-9004

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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