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Investment signal

$1,999,000

5955 FORGLEN DRIVE

Beds

5

Baths

3

Sqft

Year

2010

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

An exceptional Forest Glen offering designed for modern family living. This 4 bed, 3 bath ½ duplex showcases quality construction and timeless finishes throughout, including granite, marble and travertine surfaces, rich hardwood flooring, high-end appliances, HVAC, and Bosch hot water on demand. The spacious primary retreat features beautiful mountain views along with a spa-inspired ensuite complete with steam shower and jacuzzi tub. Thoughtfully designed with generous living spaces and refined details throughout. Other side (5957 Forglen) also available for purchase. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
Duplex
Common interest
Condo/Strata
Living area
2,176 square feet
Lot dimensions
0
Parking
2 total
Condo/HOA fee
$0 monthly
On market
Mar 6, 2026
Status changed
Apr 17, 2026
Annual tax
$5,907.64 (2025)
Photos
21
MLS#
R3097089
Area
BURNABY

Features and systems

Parking

Garage

Appliances

All

Heating

Forced airNatural gas

Lot

Central location

Community

Pets Allowed With RestrictionsRentals Allowed With Restrictions
Negative cash flow ~$3,806/mo at these assumptions

Cash on cash

-11.42%

Cap rate

3.60%

GRM

16.7

Break-even rent

$14,006

Financing

Down payment$399,800
Loan amount$1,599,200
Mortgage$9,811/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$916
Insurance$80
Maintenance$1,666
CapEx reserve$833
Vacancy loss$500

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 $9,811/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 17, 2026.

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