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Legal suite

$2,299,000

5433 ELSOM AVENUE

Beds

6

Baths

4

Sqft

Year

1986

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Legal Suite! New Roof in 2026, new furnace in 2025! renovated in 2015! Welcome to the desirable Forest Glen neighborhood!This stunning 2-story home,tastefully renovated in 2015,is a true gem.Enjoy the convenience of being just steps away from the renowned Metrotown Shopping Center,Crystal Mall,library,and BCIT.With its ideal layout,the main floor boasts 3 spacious bedrooms,while the legal suite downstairs offers an additional 3 bedrooms,perfect for extended family or rental income potential.The breathtaking open view of the majestic mountains adds an extra touch of serenity to your living experience.Located within the sought-after Moscrop School catchment,this property offers the best of both worlds-proximity to amenities and a peaceful suburban setting.Don't miss this real gem. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
2,974 square feet
Lot size
4,860 square feet
Lot dimensions
4860
Parking
3 total
Fireplace
1
On market
Mar 30, 2026
Status changed
Apr 13, 2026
Annual tax
$6,848.81 (2025)
Photos
37
MLS#
R3104651
Area
BURNABY

Features and systems

Parking

GarageCarport

Appliances

All

Heating

Forced air

Lot

Central location

View

View
Negative cash flow ~$2,181/mo at these assumptions

Cash on cash

-5.69%

Cap rate

4.75%

GRM

13.9

Break-even rent

$16,096

Financing

Down payment$459,800
Loan amount$1,839,200
Mortgage$11,283/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,054
Insurance$80
Maintenance$1,916
CapEx reserve$958
Vacancy loss$690

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Burnaby. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $11,283/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.

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