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Investment signal

$1,799,000

6257 BERWICK STREET

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Beds

Baths

Sqft

—

Year

1954

Type

Single Family

Suite

Investment signal

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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 opportunity to build in a prime Burnaby location! This 53 ft x 125 ft lot (6,648 sq ft) offers flexible development potential. Build up to 4 units, each approximately 1,994 square ft over 3 levels, or a duplex with up to 3,489 square ft per side, or 2,829 square ft per side with single-car garages. Ideal for builders, investors, or end users looking to create a custom multi-family project. Walk to Deer Lake, École Brantford Elementary, and Kisbey Park. Convenient access to Burnaby Lake and the Trans-Canada Highway. Short drive to Kingsway with shopping at Metrotown, Crystal Mall, and Highgate Village. School Catchment: Windsor Elementary, Burnaby Central Secondary. French Immersion: Marlborough Elementary & Moscrop Secondary. (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 2,443 square feet
Lot size: 6,648.87 square feet
Lot dimensions: 6648.87
Parking: 2 total
On market: Apr 22, 2026
Status changed: Apr 26, 2026
Annual tax: $6,689.22 (2025)
Photos: 39
MLS#: R3114754
Area: BURNABY

Features and systems

Parking

CarportTandem

Basement

UnfinishedUnknownUnknown

Appliances

All

Heating

Natural gas

Lot

Central location

Negative cash flow ~$1,896/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.32%

Cap rate

3.60%

GRM

16.7

Break-even rent

$10,995

Financing

Down payment$359,800

Loan amount$1,439,200

Mortgage$7,292/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$825

Insurance$80

Maintenance$1,499

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 $7,292/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 26, 2026.