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$499,000

704 6689 WILLINGDON AVENUE

Burnaby · MLS® R3165662

2 bed · 2 bath · 898 sq ft · 1 parking

Condo · Single Family · built 1976 · 22 days on market

Listed by Marty Majerski, RE/MAX Select Realty

Incredible VALUE in an incredible LOCATION! This spacious 2 bedroom home features a HUGE living room area with space for a workstation or full sized furniture in a variety of configurations; laminate flooring throughout, and a nearly 100 SqFt balcony. Both bedrooms are generously sized including a primary that can easily accommodate a king size bed, lots of closet space, and a 2pc ensuite. The building itself is well cared for and includes an INDOOR POOL. The location is hard to beat. With Central Park right across the street, walking distance to the Skytrain, Metrotown, great restaurants, and easy access to Boundary, Kingsway, HWY 1, and Marine Dr, you will love living at Kensington House. Includes PARKING & STORAGE; PETS allowed.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 898 sq ft
Parking: 1
Year built: 1976
Property tax: $1,629 / yr
Strata fee: $826 / mo ($0.92 / sq ft)
Strata rules: Pets Allowed
Days on market: 22
MLS®: R3165662

2026 assessment: $526,000 · asking is -5.1%
Price per sq ft: $556 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
Private setting
Elevator
Pets Allowed
Refrigerator
Dishwasher

On market 22 days

Listed now: 55 days; median for 992 condos for sale; this one 22 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 Maps can be out of date or miss a lot line; confirm with the municipality.

$3,136/mo

Mortgage $2,174 · Tax $136 · Strata $826

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

estimated payment

$2,174/ monthly

loan $399,200

25-year amortization

down payment20% · $99,80020%+ 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: $253,029
property transfer tax: $7,980; BC general rate
cash to close: $107,780; down + PTT
total paid: $652,229

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: $2,325/mo
After all costs: −$1,032/mo
Cap rate: 2.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,174 · tax $136 · strata $826 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-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

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