1 bed · 1 bath · 689 sq ft · 1 parking
Condo · Single Family · built 1977 · 128 days on market
Listed by Brian Kirkwood, Century 21 Coastal Realty Ltd.
Realtor's description
SE CORNER UNIT at Edgewood Place - a concrete building with 21 floors. Amenities include a guest suite, a community room for your larger gatherings equipped with a kitchen, beautiful gardens, outdoor swimming pool, sauna, bike storage, workshop/hobby room & a car wash station. Strata fees include an onsite caretaker, heat & hot water. No pets allowed except 2 small birds or fish. Comes with 1 underbuilding parking & 1 storage locker. Located within walking distance to the Lougheed Mall, parks, restaurants, the bus loop & the SkyTrain station. SFU, Hwy 1 & Burnaby Lake minutes away. This 1 bed/1 bath southeast facing unit comes with a large 14´3 x 10´6 bedroom, in-suite laundry hook-ups, very spacious living room, nice kitchen and laminate floors.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 689 sq ft
- Parking
- 1
- Year built
- 1977
- Property tax
- $1,336 / yr
- Strata fee
- $336 / mo ($0.49 / sq ft)
- Strata rules
- Pets not Allowed
- Days on market
- 128
- MLS®
- R3130480
Features
- Central location
- Cul-de-sac
- Treed
- Elevator
- Pets not Allowed
- All
Floor plans
Found among the listing photos.
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
- $1,564/mo
- After all costs
- −$699/mo
- Cap rate
- 3.0%
- yearly net rent ÷ price
Costs: mortgage $1,655 · tax $111 · strata $336 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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
Schools
Catchment schools, Burnaby School District 41
- Elementary Cameron Elementaryhomes in this catchment
300 m away · 9540 Erickson Dr, Burnaby · 604-296-9005
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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