Condo
$499,000
2005 2378 ALPHA AVENUE
Burnabylisted today
MLS® R3174340
1 / 17
2 bed · 2 bath · 915 sq ft · 1 parking
Condo · Single Family · built 1984 · 130 days on market
Listed by Michael Lee, Vanhaus Gruppe Realty Inc.
Realtor's description
Very Charming, Large, Bright 2 Bed & 2 Bath condo in a great Concrete Building in the heart of Burnaby. Just steps from Metrotown with its stores, restaurants and services. Community Center, Library and Central Park at your door steps. Excellent location near skytrain station and buses & close to all level of schools.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 915 sq ft
- Parking
- 1
- Year built
- 1984
- Property tax
- $1,932 / yr
- Strata fee
- $407 / mo ($0.44 / sq ft)
- Strata rules
- Rentals Allowed With Restrictions
- Days on market
- 130
- MLS®
- R3130123
Features
- Elevator
- Rentals Allowed With Restrictions
Monthly cost
$3,090/mo
Mortgage $2,523 · Tax $161 · Strata $407
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
- $2,325/mo
- After all costs
- −$986/mo
- Cap rate
- 3.2%
- yearly net rent ÷ price
Costs: mortgage $2,523 · tax $161 · strata $407 · 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
Location
BurnabyGoogle Maps ↗
Schools
Catchment schools, Burnaby School District 41
- Elementary Maywood Community Elementaryhomes in this catchment
900 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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