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Investment signal

$1,129,000

605 4538 KINGSWAY

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Beds

Baths

Sqft

Year

1998

Type

Office

Suite

Investment signal

Location 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.

About this home

Excellent Owner-User or Investment Opportunity ' 1138 sq.ft. professional office in the highly sought-after Crystal Mall Office Tower, facing Kingsway with mountain views. Improved with 5 private offices, open work space, kitchenette and reception and client area. Long-term owner since 1999 operating a well-established accounting practice. Direct access to Crystal Mall retail, food court and parking, steps to Metrotown SkyTrain. Unit 606 (633 sqft) also available for purchase. Owner upsized to bigger location. (id:65958)

Subtype
Office
Living area
1,138 square feet
Condo/HOA fee
$1,101.48 monthly
On market
Oct 18, 2025
Status changed
Apr 28, 2026
Annual tax
$10,552.62 (2025)
Zoning
RM5
Photos
22
MLS#
C8073091
Area
BURNABY
Negative cash flow ~$1,218/mo at these assumptions

Cash on cash

-6.47%

Cap rate

3.57%

GRM

16.7

Break-even rent

$6,932

Financing

Down payment$225,800
Loan amount$903,200
Mortgage$4,576/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$517
Insurance$80
Maintenance$941
CapEx reserve$470
Vacancy loss$283

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Location 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 $4,576/mo at 4.5% with 20% down, 30-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 28, 2026.

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