1 bed · 1 bath · 603 sq ft · 1 parking
Condo · Single Family · built 2010 · 74 days on market
Listed by Geo Lim, eXp Realty of Canada Inc.
Realtor's description
Welcome to this bright and well-maintained top-floor penthouse offering 603 square ft of thoughtfully designed living space with no wasted space. This 1 bed, 1 bath home features a functional open-concept layout, large windows that fill the home with natural light, and a private balcony to relax and unwind. Complete with in-suite laundry, 1 secured parking stall, and 1 storage locker, this home offers comfort and convenience with low strata fees. Ideally located just minutes from Royal Oak SkyTrain, Metrotown, Bonsor Recreation Complex, T&T Supermarket, Crystal Mall, parks, cafés, and restaurants. A fantastic opportunity for first-time buyers, downsizers, or investors!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 603 sq ft
- Parking
- 1
- Year built
- 2010
- Property tax
- $1,565 / yr
- Strata fee
- $313 / mo ($0.52 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 74
- MLS®
- R3149994
Features
- Elevator
- Pets Allowed With Restrictions
- All
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
- $1,813/mo
- After all costs
- −$770/mo
- Cap rate
- 3.2%
- yearly net rent ÷ price
Costs: mortgage $1,960 · tax $130 · strata $313 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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
Schools
Catchment schools, Burnaby School District 41
- Elementary Maywood Community Elementaryhomes in this catchment
1000 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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