BOSA Quality + Panoramic Views + Recent Renovations! Welcome to this stunning NW corner unit at The Monarch. Spanning 3 bdrms and 2 full baths, this bright home features massive floor-to-ceiling windows, a huge outdoor balcony, and expansive living areas that easily fit house-sized furniture. Extensively updated just one year ago, the property boasts brand-new countertops, new appliances, a fresh coat of paint, and updated bathroom vanities and faucets. The bright kitchen includes a lovely eating area for casual dining. Take advantage of fantastic building amenities (gym, hot tub, steam/sauna, garden) and a great location. You are steps from Metrotown, Crystal Mall, Central Park, SkyTrain, and top-tier schools (Chaffey-Burke Elementary & Moscrop Secondary). Move-in ready and easy to show!
Property details
3
Beds
2 full
Baths
1,222 ft²
Floor area
1998
Year built
2
Parking
$613/mo
Strata fee
$2,660/yr
Gross tax
Location & structure
Single Family
Type
Full
Basement
Listed
June 11, 2026
Basement
Full
Structure
Apartment
PID
024-334-758
Property highlights
Balcony
Gym
Hot tub
Sauna
Building amenities
In-suite laundry
Features & inclusions
Appliances
All
Heating
Baseboard heaters, Electric
Lot
Central location, Elevator
Community
Pets not Allowed, Pets Allowed With Restrictions
Additional details
Common interest
Condo/Strata
Tax year
2025
Listed by Royal Pacific Lions Gate Realty Ltd.. Last updated Jul 9, 2026, 9:05 PM.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $187,600 down (20%) on $938,000, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 910 listings
Condo / Apartment
524
57.6%
Detached
213
23.4%
Townhouse
89
9.8%
Duplex
46
5.1%
Half-duplex
28
3.1%
Other
10
1.1%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59153494· Burnaby· Transit 90/100 (521m to rapid)· 0.03 km²
Median rent here
$1,760
Owner shelter cost
$810
Renters
33.9%
30%+ on shelter
41.5%
Population (2021)
634
Median age
38.4
Avg household size
1.9
Avg household income
$68,000
Renters
33.9%
Owners
67.7%
Immigrants
63.0%
Post-secondary
70.2%
Avg home value
$775,000
Single status
31.9%
Not in labour force
37.5%
Households with kids
22.4%
Median rent
$1,760
Owner shelter cost
$810
30%+ on shelter
41.5%
Breakdown
Under $5,000
25
7.6%
$5,000 to $9,999
5
1.5%
$10,000 to $14,999
5
1.5%
$15,000 to $19,999
10
3.0%
$20,000 to $24,999
20
6.1%
$25,000 to $29,999
15
4.5%
$30,000 to $34,999
20
6.1%
$35,000 to $39,999
15
4.5%
$40,000 to $44,999
20
6.1%
$45,000 to $49,999
15
4.5%
$50,000 to $59,999
15
4.5%
$60,000 to $69,999
25
7.6%
$70,000 to $79,999
30
9.1%
$80,000 to $89,999
15
4.5%
$90,000 to $99,999
15
4.5%
$100,000 to $124,999
30
9.1%
$125,000 to $149,999
15
4.5%
$150,000 to $199,999
20
6.1%
$200,000 and over
15
4.5%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59153494).
Market story
Rent in Burnaby
Census 2021 avg $1,760/mo here · Vancouver 3BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
