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$999,000

7010 GRIFFITHS AVENUE

Burnaby · MLS® R3154731

3 bed · 3 bath · 1,336 sq ft · 1 parking

Townhouse · Single Family · built 2010 · 57 days on market

Listed by Bonney Bao, Nu Stream Realty Inc.

Realtor's description

Welcome to this exceptional 3-storey townhouse situated in an unbelievably convenient neighborhood close to transit, shopping, and everyday amenities. The standout highlight of this home is that it comes with NO STRATA FEE, offering a rare opportunity to enjoy complete independence while significantly saving on monthly living costs. The property features charming front and back yards for private outdoor relaxation, as well as a fully enclosed kitchen that effectively keeps cooking odors contained. The second floor features two spacious bedrooms perfect for family, guests, or a home office, while the entire third floor is dedicated to a private primary suite sanctuary, complete with its own attached garage for secure parking. Open house on Sep./20. 1:30-3:30pm.

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 1,336 sq ft
Parking: 1
Year built: 2010
Property tax: $3,820 / yr
Days on market: 57
MLS®: R3154731

Features

Central location
All

Price check

Typical for the area (+3.1%)

2026 assessment: $1,219,000 · asking is -18%
Price per sq ft: $748 vs $725 median for townhouses in Burnaby for sale (198)

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 57 days · no price changes so far

The market here

Listed now: 43 days; median for 198 townhouses for sale; this one 57 days

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

Monthly cost

$4,671/mo

Mortgage $4,353 · Tax $318

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

estimated payment

$4,353/ monthly

loan $799,200

25-year amortization

down payment20% · $199,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 8, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $506,564
property transfer tax: $17,980; BC general rate
cash to close: $217,780; down + PTT
total paid: $1,305,764

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: −$3,168/mo
Cap rate: 1.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,353 · tax $318 · 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 ↗

Schools

Catchment schools, Burnaby School District 41

Elementary Morley Elementaryhomes in this catchment
800 m away · 7355 Morley St, Burnaby · 604-296-9024

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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