1 bed · 1 bath · 517 sq ft · 1 parking
Condo · Single Family · built 2015 · 106 days on market
Listed by Jordan Chan, RE/MAX Select Properties
Realtor's description
Discover this beautifully maintained one bedroom home at SILVER, perfectly situated in the heart of Metrotown. Enjoy the convenience of being just a one minute walk to Metrotown SkyTrain Station; Metropolis at Metrotown, Crystal Mall, Bonsor Comm Centre, restaurants, parks, and everyday amenities just steps away. This bright east facing home offers a functional layout with plenty of natural light, large open balcony, and peaceful outlooks. Lovingly cared for and first time on the market. Complete with one parking stall and one storage locker, this is an excellent opportunity for first time buyers, investors, or those looking to enjoy one of Burnaby's most convenient locations.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 517 sq ft
- Parking
- 1
- Year built
- 2015
- Property tax
- $1,609 / yr
- Strata fee
- $258 / mo ($0.50 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 106
- MLS®
- R3139950
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Monthly cost
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
- $1,813/mo
- After all costs
- −$1,090/mo
- Cap rate
- 2.8%
- yearly net rent ÷ price
Costs: mortgage $2,331 · tax $134 · strata $258 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom in Central Park/Metrotown, 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
Schools
Catchment schools, Burnaby School District 41
- Elementary Maywood Community Elementaryhomes in this catchment
600 m away · 4567 Imperial St, Burnaby · 604-296-9022
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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