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About this home

One of 3 buildings at the Strathmore Towers, centrally located, close to Lougheed Town Center, Shopping, Skytrain Station, yet quiet and away from the crowd. Well looked after complex with ongoing updates, presently on the building exterior repairs. 2 spacious bedrooms and bathrooms, floor to ceiling windows capturing open city views and a large balcony for your outdoor enjoyment. Amenities include outdoor pool, exercise center hot tub, and concierge service. Open house Sun May 31 2-4pm.

Property details

Beds

2 full

Baths

930 ft²

Floor area

1993

Year built

Parking

$421/mo

Strata fee

$1,854/yr

Gross tax

Location & structure

Single Family

Type

Listed

May 15, 2026

Structure

Apartment

PID

018-485-855

Property highlights

City view

Balcony

Gym

Pool

Concierge

Hot tub

Building amenities

In-suite laundry

Features & inclusions

Appliances

All

Heating

Hot Water

Parking

Underground

Lot

Central location, Elevator

Community

Rentals Allowed With Restrictions

Additional details

Common interest

Condo/Strata

Tax year

2025

Listed by Royal LePage Sussex. Last updated Jun 1, 2026, 8:11 AM.

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.

Mortgage estimate

Using listing data

Est. monthly total

$3,538

/mo

Rate

Amortization

Principal and interest

$2,812

Property tax

$155

Strata fee

$421

P&I

Tax

Strata

Down payment

$121,600 (20%)

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $121,600 down (20%) on $608,000, 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 · 834 listings

Condo / Apartment	504	60.4%
Detached	200	24.0%
Townhouse	81	9.7%
Duplex	25	3.0%
Half-duplex	15	1.8%
Other	9	1.1%

Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.

Housing stock here

What this neighbourhood is built of

Census 2021 dwelling structural-type mix · Burnaby · 995 dwellings

Low-rise apartment540 · 54.3%

High-rise apartment380 · 38.2%

Row house75 · 7.5%

Source: Statistics Canada · 2021 Census of Population

Property analysisScored Jun 2

Buyer view7–10 year horizon

10.3% below nearby asking prices

$654/sqft vs area comp median $729/sqft (10.3% below, 20 comps). ⚠ Comp set is older than 60 days. Used area-level comps (sub-area had <5 matches).

On a 7 to 10 year hold, the entry price relative to nearby listings sets the floor for appreciation. This listing is 10.3% below the median asking price nearby today.

In line with market, score 69 of 100Based on 4 of 9 signals · score likely 55.1 to 82.9

Stale compsNo HPI coveragePrice history accruingRound-number price anchor

Price comparisons use asking prices from nearby active and recently removed listings. Sold prices are not available through public listing feeds.

Scores weight nine signals across price, market, carrying cost, and location data. Sources: BCRES listing feed, GVR MLS® HPI, TransLink, BC Geographic Warehouse, Vancouver Open Data, Statistics Canada (2021 Census). One input among many, not advice.

Market story

Rent in Burnaby

Census 2021 avg $1,570/mo here · Vancouver 2BR rent trend below

$2,696

latest · Jan 2025

↑16.0%

CMHC · 2025 Rental Market ReportForecast: CMHC supply-shortages report · rent growth scenarios

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

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 #59153353· Burnaby· Transit 90/100 (489m to rapid)· 0.70 km²

Median rent here

$1,570

Owner shelter cost

$1,590

Renters

42.5%

30%+ on shelter

29.6%

Population (2021)

2,110

Median age

38.0

Avg household size

2.1

Avg household income

$90,800

Renters

42.5%

Owners

57.5%

Immigrants

51.4%

Post-secondary

66.3%

Avg home value

$530,000

Single status

36.1%

Not in labour force

32.0%

Households with kids

33.2%

Median rent

$1,570

Owner shelter cost

$1,590

30%+ on shelter

29.6%

Breakdown

Under $5,000	25	2.5%
$5,000 to $9,999	15	1.5%
$10,000 to $14,999	5	0.5%
$15,000 to $19,999	15	1.5%
$20,000 to $24,999	40	4.0%
$25,000 to $29,999	25	2.5%
$30,000 to $34,999	40	4.0%
$35,000 to $39,999	40	4.0%
$40,000 to $44,999	35	3.5%
$45,000 to $49,999	50	5.0%
$50,000 to $59,999	90	9.0%
$60,000 to $69,999	80	8.0%
$70,000 to $79,999	75	7.5%
$80,000 to $89,999	70	7.0%
$90,000 to $99,999	65	6.5%
$100,000 to $124,999	150	15.0%
$125,000 to $149,999	65	6.5%
$150,000 to $199,999	75	7.5%
$200,000 and over	40	4.0%

Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59153353).

#1108 – 9623 MANCHESTER Drive

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About this home

Property details

Location & structure

Additional details

10.3% below nearby asking prices

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10.3% below nearby asking prices