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Investment signal

$3,698,000

4479 CARSON STREET

Beds

Baths

Sqft

—

Year

2023

Location

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About this home

Luxurious mansion in prestigious south slope location with panoramic southern views. Exclusively one of the largest homes ever built in the area. Enjoy the breathtaking views while living through the back 6 parking spots with much lower elevation to access home. Opulent features include large Roof-top deck with amazing views, spacious steam room, sauna, and even two Golf putting greens! Other noteable features include a massive kitchen island, 10 foot main floor ceiling, 9 foot third floor ceiling, a variety of unique and stunning accent walls, and a very private front and back yard. Good rental income from basement is a great mortgage helper. House also comprises of 5 outdoor decks to enjoy the outdoors right in the comfort of your own home! Almost brand new, yet no GST! Contact now (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 5,891 square feet
Lot size: 9,042 square feet
Lot dimensions: 9042
Parking: 6 total
Fireplace: 3
On market: Nov 12, 2025
Status changed: Apr 14, 2026
Annual tax: $12,867.03 (2025)
Photos: 40
MLS#: R3066579
Area: BURNABY

Features and systems

Parking

GarageGarageCarport

Basement

FinishedFullSeparate entrance

Heating

Radiant heatNatural gasHot Water

Cooling

Air Conditioned

View

Negative cash flow ~$6,972/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.31%

Cap rate

3.63%

GRM

16.7

Break-even rent

$25,839

Financing

Down payment$739,600

Loan amount$2,958,400

Mortgage$18,150/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,695

Insurance$80

Maintenance$3,082

CapEx reserve$1,541

Vacancy loss$925

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 $18,150/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 14, 2026.