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Investment signal

$1,799,900

5571 CLAUDE AVENUE

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Beds

7

Baths

4

Sqft

Year

1971

Type

Single Family

Suite

Suite potential

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

Situated in a highly sought-after Burnaby South neighborhood with easy access to Highway #1 and Canada Way, this very solid, family-sized 7-bedroom home has been extensively renovated with over $100,000 in quality upgrades by the current owner. All bedrooms are generously sized, offering comfort and flexibility for growing families. The lower level boasts two suite for potential rental income. Located just 0.17km (2-minute walk) to transit. Under 10 minutes on foot to Deer Lake, Burnaby Lake Regional Lake Regional Nature Park, Lubbock's Wood Park, and Burnaby Lake Sprots Complex. Only 8 minutes' walk to Buckingham Elementary (K-7) and 20 minutes to Burnaby Central Secondary (8-12). Fenced 66 x 122 south-facing lot with lane access. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
2,573 square feet
Lot size
8,052 square feet
Lot dimensions
8052
Parking
6 total
Fireplace
2
On market
Apr 8, 2026
Status changed
Apr 19, 2026
Annual tax
$6,246.17 (2025)
Photos
40
MLS#
R3108738
Area
BURNABY

Features and systems

Basement

FinishedUnknownUnknown

Appliances

All

Heating

Forced airNatural gas

Lot

Central location

View

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Negative cash flow ~$1,901/mo at these assumptions

Cash on cash

-6.34%

Cap rate

3.60%

GRM

16.7

Break-even rent

$11,001

Financing

Down payment$359,980
Loan amount$1,439,920
Mortgage$7,296/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$825
Insurance$80
Maintenance$1,500
CapEx reserve$750
Vacancy loss$450

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.

Mortgage estimate

Estimated $7,296/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 19, 2026.

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