7546 12th Avenue

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$1,536,666

7546 12th Avenue

Burnaby · MLS® R3178553

533

2,303 sq ft · House · Single Family · built 1997 · listed today

listed by John Yao, Royal Pacific Realty (Kingsway) Ltd.

realtor's description

A rare duplex on a 5,644 sq. ft. lot, offering over 2,300 sq. ft. of living space with 5 bedrooms and 3 bathrooms, ideal for a growing family. The practical layout with 3 bedrooms and 2 bathrooms on the main floor. Downstairs features one flexible bedroom for personal use, office, or recreation, plus a separate fully contained 1-bedroom suite with private entrance, perfect as a mortgage helper. Main floor highlights include hardwood flooring and a renovated kitchen opening onto a spacious backyard balcony overlooking a fruit-filled back yard and neighbouring Mary Avenue Park. Conveniently located just steps to the community centre, tennis courts, top private schools, a popular produce market, and other local convenience. Book your showing today.

property details

type: House, Single Family
bedrooms: 5
bathrooms: 3
living area: 2,303 sq ft
parking: 3
year built: 1997
property tax: $5,564 / yr
days on market: 0
MLS®: R3178553

features

Central location
Private setting
Treed
All

the market here

listed now: 66 days; median for 561 houses for sale; this one listed today

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

monthly cost

$7,159/mo

Mortgage $6,695 · Tax $464

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

estimated payment

$6,695/ monthly

loan $1,229,333

25-year amortization

down payment20% · $307,33320%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 26, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $779,199
property transfer tax: $28,733; BC general rate
cash to close: $336,066; down + PTT
total paid: $2,008,532

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

suite rent: $1,800/mo
your cost after the suite: $5,678/mo; vs $7,334 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $6,695 · tax $464 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 1-bedroom in Southeast Burnaby, Burnaby: CMHC's average there ($1,564) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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