Condo
$779,000
809 6461 TELFORD AVENUE
Burnaby12 days on market
MLS® R3169730
1 / 14
$720,000
805 5885 OLIVE AVENUE
Burnaby · MLS® R3159765
2 bed · 2 bath · 1,093 sq ft · 1 parking
Condo · Single Family · built 1991 · 40 days on market
Listed by Mira Gataric, Selmak Realty Limited
Realtor's description
Welcome to The Metropolitan, a luxury high-rise offering a bright, spacious, and move-in-ready 2-bedrooms, 2-bathrooms home on the quiet side of the building with desirable south exposure and beautiful views. Features include in-suite laundry, modern updates, floor-to-ceiling windows, and abundant natural light. Well maintained building with indoor pool, gym, sauna/steam room, bike room, and wheelchair accessibility. Includes 1 parking stall and 1 storage locker. Prime Metrotown location, just steps to Patterson SkyTrain, Central Park, Metrotown, Crystal Mall, shopping, and restaurants. A rare combination of space, views, privacy, and convenience-an excellent opportunity to own in one of the most desirable locations.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,093 sq ft
- Parking
- 1
- Year built
- 1991
- Property tax
- $2,129 / yr
- Strata fee
- $558 / mo ($0.51 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 40
- MLS®
- R3159765
Features
- Central location
- Elevator
- Wheelchair access
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$3,872/mo
Mortgage $3,137 · Tax $177 · Strata $558
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
- −$1,768/mo
- Cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $3,137 · tax $177 · strata $558 · 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 Chaffey-Burke Elementaryhomes in this catchment
500 m away · 4404 Sardis St, Burnaby · 604-296-9008
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.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
