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New buildInvestment signal

$2,349,000

1 7061 PAULUS CRESCENT

Save this home

Beds

7

Baths

6

Sqft

Year

2026

Type

Single Family

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

Welcome to 7061 Paulus Crescent - a statement of modern luxury! This custom side-by-side duplex residence is crafted by Dema Developments + curated by Kenzi Design. Pre-sale opportunity w/completion in May, secure your home early + be a part of the design process to tailor the home to your preferences. Expansive functional floor plans 2,900+sf w/7 beds + 6 baths + auth rental suite, premium appliance package, radiant floor heat, AC heatpump, spa-like ensuites + 2car garage. Located in the Montecito enclave, close proximity to top-rated schools, parks, Burnaby Mtn Golf Course + Pickleball Courts, recreation + quick access to Lougheed Hwy. This is your chance to secure a designer home where top-tier construction + elevated interiors come together. Contact us for your site tour! (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
Duplex
Common interest
Freehold
Living area
2,940 square feet
Lot dimensions
0
Parking
2 total
Condo/HOA fee
$0 monthly
On market
Feb 25, 2026
Status changed
Apr 16, 2026
Annual tax
$0 (2026)
Photos
7
MLS#
R3093638
Area
BURNABY

Features and systems

Parking

Garage

Basement

FullUnknownUnknown

Appliances

All

Heating

Heat PumpRadiant heat

Cooling

Air Conditioned

Lot

Central location

Security

Security systemSmoke Detectors
Negative cash flow ~$2,452/mo at these assumptions

Cash on cash

-6.26%

Cap rate

3.61%

GRM

16.7

Break-even rent

$14,331

Financing

Down payment$469,800
Loan amount$1,879,200
Mortgage$9,522/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,077
Insurance$80
Maintenance$1,958
CapEx reserve$979
Vacancy loss$588

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 $9,522/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 16, 2026.

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