2 bed · 2 bath · 974 sq ft · 1 parking
Condo · Single Family · built 1993 · 65 days on market
Listed by Dave Liu, Metro Edge Realty
Realtor's description
Stunning south-facing 2 bed, 2 bath home at sought-after Strathmore Towers! This bright and spacious 974 SF condo features large windows with breathtaking unobstructed city, mountain & Keswick Park views, an open functional layout, and abundant closet & storage space. Includes 1 secured parking stall & 1 storage locker. Enjoy unbeatable convenience just steps to Lougheed Town Centre, SkyTrain, shopping, restaurants, parks & more, while tucked away in a quiet setting. Major building upgrades include plumbing & roof (within the last 5 years) and exterior painting completed this year. Excellent opportunity for both homeowners and investors. Currently tenanted with rental income of over $2K/month.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 974 sq ft
- Parking
- 1
- Year built
- 1993
- Strata fee
- $437 / mo ($0.45 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 65
- MLS®
- R3152820
Features
- Central location
- Elevator
- Pets Allowed
- All
Floor plans
Found among the listing photos.
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $1,824/mo
- After all costs
- −$1,317/mo
- Cap rate
- 2.5%
- yearly net rent ÷ price
Costs: mortgage $2,523 · strata $437 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-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
500 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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