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New buildInvestment signal

$2,349,000

2 7061 PAULUS CRESCENT

Beds

Baths

Sqft

—

Year

2026

Location

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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: 2,956 square feet
Lot dimensions: 0
Parking: 2 total
On market: Feb 25, 2026
Status changed: Apr 16, 2026
Annual tax: $0 (2026)
Photos: 7
MLS#: R3093643
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 ~$4,459/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.39%

Cap rate

3.61%

GRM

16.7

Break-even rent

$16,444

Financing

Down payment$469,800

Loan amount$1,879,200

Mortgage$11,529/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: 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 $11,529/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 16, 2026.