Properties for Sale with Mortgage Helpers in Burnaby

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House for sale: 4599 SUNLAND PLACE, Burnaby

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$1,933,000

4599 Sunland Place, Burnaby, British Columbia V5J 3A3

6 beds
3 baths
1 day

Burnaby - South Slope with View, Located on High Side of Quiet Street, off Marine Drive close to Nelson Ave. over 7300 sf rectangular lot( 55 x 133) and 2500sf of living area, feature 6 Bedrooms (3 Up and 3 Down) 3 full bathroom, with Mortgage Helper. Amazing South Facing View from Living

Duplex for sale: 5182 LORRAINE AVENUE, Burnaby

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$1,859,000

5182 Lorraine Avenue, Burnaby, British Columbia V5G 2S4

4 beds
4 baths
4 days

Welcome to this well-kept Duplex in the Central Park Area of Burnaby. It offers 2 levels with 4 bedrooms & 4 full bathrooms. High ceiling in part of Living Room area, 9' ceiling on all G/F rooms. Well equipped with Air Conditioning & HRV system Radiant heating and Security Camera System. Engineer

Apartment for sale: 603 8940 UNIVERSITY CRESCENT, Burnaby

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$699,990

603 8940 University Crescent, Burnaby, British Columbia V5A 4Y8

2 beds
2 baths
180 days

Terrace at the Peak -A great community development by Intergulf. This south-facing 886 SF 2 bedroom+ 2 bathroom LOCKOFF unit with 2 entries is a perfect investment for a homeowner looking for a mortgage helper. The unique layout is divided into two complete sections - 1 bedroom with full kitchen,

House for sale: 4152 PENDER STREET, Burnaby

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$3,380,000

4152 Pender Street, Burnaby, British Columbia V5C 2M2

9 beds
9 baths
141 days

Famous area of Willingdon Heights at Burnaby North behind Brentwood Mall! This brand new house sits on a flat 33x122 lot with finishing 3 levels plus 3 beds lane way house at over 4200sqft indoor size North-South facing! It features: wide open entrance, radiant heat through all levels, air-conditioning,

House for sale: 8023 BURNFIELD CRESCENT, Burnaby

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$2,880,000

8023 Burnfield Crescent, Burnaby, British Columbia V5E 2B8

7 beds
8 baths
136 days

Quality built 4484sf executive home in Burnaby lake area on a level 61x124=7564sf property. Large principle rooms on the main w/an extra tall vaulted high ceiling living room, top of the line appliances in both western and wok kitchens, bonus one ensuited bdrm on the main. Top floor has four

Duplex for sale: 6893 BURNS STREET, Burnaby

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$2,168,000

6893 Burns Street, Burnaby, British Columbia V5E 1T5

4 beds
4 baths
3 days

Welcome to this luxury, 1/2 duplex on a large corner lot in prestigious Upper Deer Lake Burnaby! This 2094 sqft home is beautifully designed featuring 9ft ceilings on the main floor. The modern kitchen offers high end Jenn Air Stainless steel appliances including a Gas cooktop, a large island

Duplex for sale: 7633 ROSEWOOD STREET, Burnaby

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$2,058,888

7633 Rosewood Street, Burnaby, British Columbia V5E 2G8

4 beds
4 baths
52 days

Custom Built Half Duplex! Bright and spacious with 12ft ceilings. 3 bedrooms upstairs with & potential for the 4th bedroom on second level. Main floor has large living/dining area & electric fireplace. White & wood cabinetry in the modern kitchen with quartz countertops. HRV system, hot water

House for sale: 6555 DENBIGH AVENUE, Burnaby

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$3,990,000

6555 Denbigh Avenue, Burnaby, British Columbia V5H 3R7

5 beds
4 baths
129 days

DEVELOPER AND BUILDER ALERT! This property is centrally located in Metrotown, Burnaby, conveniently close to shopping centers, restaurants, schools and amenities. It presents exciting development potential and an unique opportunity for future expansion or redevelopment. Basement provides a

House for sale: 1461 SHERLOCK AVENUE, Burnaby

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$3,780,000

1461 Sherlock Avenue, Burnaby, British Columbia V5A 2M9

8 beds
6 baths
52 days

Investor, builder alert - big potential, Rare, Rare opportunity!!!!!! 1.Huge, huge, huge lot - 14200 sft, 100' x 142' 2.lot subdivideable: can build 8+ units after subdivision if you like to , verify with city as needed 3.Big house in good condition: 4660 sft house, partially renovated. you

House for sale: 7921 BURNFIELD CRESCENT, Burnaby

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$2,150,000

7921 Burnfield Crescent, Burnaby, British Columbia V5E 2B8

6 beds
3 baths
112 days

BEAUTIFULLY RENOVATED HOME in most desirable neighbourhood in BURNABY LAKE by BURNABY SOUTH. 2,733 sq.ft living space sits on a HUGE LOT 9,577 sq.ft. Features 5 or 6 bedrooms, 2.5 baths, gourmet kitchen with granite counter top & high-end appliances like WOLF STOVE & MIELE DISHWASHER, extensive

Duplex for sale: 6585 HALIFAX STREET, Burnaby

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$2,099,000

6585 Halifax Street, Burnaby, British Columbia V5B 2P9

5 beds
4 baths
74 days

Located in the desirable Parkcrest neighborhood, this luxurious 1/2 Duplex offers an efficient layout, that could satisfy two families needs. Open concept space with open-to-above foyer, beautiful living room with fireplace & French doors open to the front yard. Gourmet kitchen featuring a

House for sale: 4313 PENDER STREET, Burnaby

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$2,199,900

4313 Pender Street, Burnaby, British Columbia V5C 2M5

7 beds
4 baths
99 days

Mortgage helper On the Ground floor an authorize suite 3 bed 2 baths suite the current rental of $3,000 per month with separate entrance. Radiant heat, engineer hardwood with high-end built. Fantastic Large Patio with cover perfect for BBQ& entertain with access to the backplane & extra

Duplex for sale: 7635 ROSEWOOD STREET, Burnaby

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$1,899,999

7635 Rosewood Street, Burnaby, British Columbia V5E 2G8

4 beds
4 baths
74 days

Custom Built Half Duplex! Bright and spacious with 12ft ceilings. 3 bedrooms upstairs with & potential for the 4th bedroom on second level. Main floor has large living/dining area & electric fireplace. White & wood cabinetry in the modern kitchen with quartz countertops. HRV system, hot water

Duplex for sale: 7531 MARY AVENUE, Burnaby

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$2,199,000

7531 Mary Avenue, Burnaby, British Columbia V3N 3G4

6 beds
4 baths
3 days

Introducing an unparalleled opportunity in Burnaby-luxurious, first-of-its-kind 3 level 1/2 duplex with a 2-bedroom legal suite. Perfect for multi-generational living, investors, and first-time buyers, offering a tension-free mortgage helper & maximizing investment potential. The unit boasts

House for sale: 6192 ELGIN AVENUE, Burnaby

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$3,990,000

6192 Elgin Avenue, Burnaby, British Columbia V5H 3S4

7 beds
8 baths
135 days

Welcome to this rarely available customized luxury home in Primary Upper Deer Lake of Burnaby. It offers the finest attention to detail and master craftsmanship with 4729 SF living space. Upfloor features 4 generous ensuite bedrooms with gorgeous mountain views. Main floor is open and inviting

House for sale: 6693 CANADA WAY, Burnaby

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$1,949,000

6693 Canada Way, Burnaby, British Columbia V5E 3P9

9 beds
4 baths
51 days

A stunning home in the sought-after Highgate neighborhood, boasting a rare availability on a 7400 sqft lot with over 2500 sqft of living space. This spacious abode features 9 bedrooms and 4 bathrooms. Highlights include a tile roof, hardwood flooring throughout. Additionally, there's a downstairs

House for sale: 5680 CEDARWOOD STREET, Burnaby

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$3,188,800

5680 Cedarwood Street, Burnaby, British Columbia V5G 2K6

7 beds
5 baths
84 days

Welcome to this rarely available home in the most prestigious Deer Lake Place Area. Magnificent custom designed 7 bedrooms 5 bathrooms on huge 10,143sqft lot. Original owner very well maintained. Impressive high ceiling grand foyer, spacious open concept living space with an abundance of natural

Duplex for sale: 7697 ULSTER STREET, Burnaby

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$1,760,000

7697 Ulster Street, Burnaby, British Columbia V5E 2G1

4 beds
4 baths
78 days

BURNABY AMAZING LOCATION! Southeast facing 1/2 Duplex built in 2018. This 1,874 sqft, 4 Bedroom 4 Bathroom beautiful home features high quality finishes, in-floor radiant heat, engineered flooring throughout the main floor, quartz counters, and with 12 ft ceilings, a luxury home with everything

House for sale: 3847 PARKER STREET, Burnaby

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$1,375,000

3847 Parker Street, Burnaby, British Columbia V5C 3B5

3 beds
2 baths
73 days

COURT ORDER SALE! Excellent opportunity to acquire a South facing home in The Heights at this price. Charming character home with a potential mortgage helper and sun soaked back yard for the hobbyist gardener. Updated through the years, large sundeck, private fenced yard, original oak floors,

House for sale: 7768 18TH AVENUE, Burnaby

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$1,888,000

7768 18th Avenue, Burnaby, British Columbia V3N 1J2

6 beds
3 baths
73 days

The fully renovated home sits on a 6,000 SF flat lot (50 x 120). the property boasts close to $300K in upgrades, including a new roof, appliances, flooring, fireplace, on demand water tank and more in 2018. The functional layout offers 3 bedrooms upstairs and 3 bedrooms downstairs, which

House for sale: 6307 BRYANT STREET, Burnaby

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$3,148,888

6307 Bryant Street, Burnaby, British Columbia V5E 1S4

7 beds
7 baths
71 days

This stunning custom home in Upper Deer Lake offers breathtaking mountain and city views. Brand new and quality-built, this luxurious three level residence spans 4,271 sqft. It features an expansive gourmet kitchen with built in Fisher & Paykel appliances and with a large wok kitchen. The

Duplex for sale: 7329 ETHEL AVENUE, Burnaby

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$1,880,000

7329 Ethel Avenue, Burnaby, British Columbia V3N 2C6

4 beds
4 baths
63 days

New luxury duplex located in East Burnaby facing Ernie Winch Park. Stunning features & high end finishings are the best you will see. Features include A/C, Fire Sprinklers, Security and smoke alarms, Heated Garage, beautiful laminate & porcelain flooring, granite countertops. Front and back

House for sale: 8030 11TH AVENUE, Burnaby

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$2,499,000

8030 11th Avenue, Burnaby, British Columbia V3N 2N7

7 beds
6 baths
60 days

Welcome to this charming single-family home, fantastic opportunity for those looking to live in family oriented neighborhood. This property features a spacious layout with ample living space across multiple levels. Apart from 4 bedrooms on above level, 1 den is good size to be extra bedroom.

Duplex for sale: 2 4212 MACDONALD AVENUE, Burnaby

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$2,500,000

2 4212 Macdonald Avenue, Burnaby, British Columbia V5M 2K2

7 beds
1 baths
59 days

This brand-new (still in the midst of construction) boasts a custom-built 3-level duplex with a total of 3,355 sq. ft. of living space, including 5 bedrooms and 4 bathrooms across the top two floors, plus a 2/3-bedroom mortgage helper in the basement. The upper level has a bonus 133 sf covered

Duplex for sale: 1 4212 MACDONALD AVENUE, Burnaby

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$2,500,000

1 4212 Macdonald Avenue, Burnaby, British Columbia V5M 2K2

7 beds
6 baths
59 days

This brand-new (still in the midst of construction) boasts a custom-built 3-level duplex with a total of 3,355 sq. ft. of living space, including 5 bedrooms and 4 bathrooms across the top two floors, plus a 2/3-bedroom mortgage helper in the basement. The upper level has a bonus 133 sf covered

Duplex for sale: 8055 18TH AVENUE, Burnaby

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$2,349,999

8055 18th Avenue, Burnaby, British Columbia V3N 1J9

7 beds
7 baths
59 days

Welcome to this custom 3 Level 1/2 duplex nestled on a quiet street in East Burnaby! This 3137 sqft home is beautifully designed featuring 10 ft ceilings on the main floor. The modern kitchen offers gas cooking and a large island perfect for entertaining. The open concept dining and living

House for sale: 7370 PANDORA STREET, Burnaby

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$3,180,000

7370 Pandora Street, Burnaby, British Columbia V5A 1B9

10 beds
6 baths
57 days

Beautiful Burrard Inlet & Mountain/City View at Capital Hill neighbour! This gorgeous home sits on almost 10,000sqft lot, huge & flat backyard space, indoor size about 5000sqft 3 level finishing with great layout! Very well maintained, huge interior space, lots of characters, separate access

House for sale: 7373 2ND STREET, Burnaby

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$3,488,000

7373 2nd Street, Burnaby, British Columbia V3N 3P8

8 beds
7 baths
44 days

Step right into this exquisite new luxury home featuring a splendid LANEWAY house. The main floor boosts soaring 10' ceiling, elegant engineered wood floors, a stunning kitchen with seperate wok kitchen, top of line high end appliances, a versatile bedroom/office, a cozy family room and a

House for sale: 7865 ROSEWOOD STREET, Burnaby

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$2,988,000

7865 Rosewood Street, Burnaby, British Columbia V5E 2H2

7 beds
6 baths
94 days

Rare to find 50 x 214 LOT, over 10,000 sqft. Well-Maintained Beautiful custom built home. Top level comes with 4 bedrooms & 3 bathrooms. Master bedroom features 2 way gas fireplace, bright bathroom with jacuzzi & standup shower. High ceilings in the entrance of main floor. Huge size living

House for sale: 7520 6TH STREET, Burnaby

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$1,999,900

7520 6th Street, Burnaby, British Columbia V3N 3M1

4 beds
2 baths
32 days

Attention all investors! FULLY RENOVATED 4 BED 2 BATH HOME with 2 BED MORTGAGE HELPER! New Floors, Kitchen, Bathrooms, Paint and more! An exceptional opportunity awaits in this burgeoning location, ripe for development and investment. Situated amidst a wave of new construction, the Sixth Street

House for sale: 8288 12TH AVENUE, Burnaby

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$1,499,000

8288 12th Avenue, Burnaby, British Columbia V3N 2L4

4 beds
2 baths
31 days

INVESTORS OR FIRST TIME BUYERS ALERT! This Solid 4 Bedroom bungalow Located in East Burnaby/ Situated On a 4653 sqft R-1 lot (33 X 141) with A Back Lane. Upper floor has 2 beds and 1 bath. Nice Sized Yard! Downstairs Has a Mortgage helper with 2 bedrooms & 1 bathroom suite! Steps to John Knox

Duplex for sale: 6150 NAPIER STREET, Burnaby

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$2,499,000

6150 Napier Street, Burnaby, British Columbia V5B 2C1

6 beds
5 baths
43 days

GORGEOUS 3-Level 1/2 Duplex in the Popular Parkcrest Neighborhood! 2,896 square ft home is beautifully designed, 9 ft ceilings on the main floor. The modern kitchen offers gas cooking, and an island-perfect for entertaining. The open-concept dining and living areas are enhanced by a cozy gas

House for sale: 7312 BROADWAY, Burnaby

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$2,499,000

7312 Broadway, Burnaby, British Columbia V5A 1S2

7 beds
6 baths
29 days

This 7-bed, 6-bath rancher with a walk-out suite in North Burnaby blends modern elegance with functionality.Renovated with high-end finishes,it´s move-in ready. Car enthusiasts will love the Triple, Double, and Single garages-perfect for collections, projects, or RVs.The open-concept main

House for sale: 6671 WOODVALE CRESCENT, Burnaby

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$2,299,000

6671 Woodvale Crescent, Burnaby, British Columbia V5B 2R6

5 beds
4 baths
25 days

Location! Location! Location! Most desirable North Burnaby Montecito, this beautiful home siting on a very Large lot over 8,900 sq ft. R2 zoning allows to build Legal mortgage helper. Currently one bed room rental suite in basement and another potential one bed room rental suite with separate

House for sale: 7707 BURGESS STREET, Burnaby

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$2,488,000

7707 Burgess Street, Burnaby, British Columbia V3N 3J1

6 beds
8 baths
11 days

Welcome to this BRAND NEW custom 3 level home built by experienced builder, Dream Casa Development Ltd with 2-5-10 New Home Warranty. Features an open concept main floor with bedroom and ensuite as well as a Wok Kitchen. Upstairs you have 3 spacious bedrooms each with their own private ensuite

Duplex for sale: 7734 16TH AVENUE, Burnaby

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$1,788,000

7734 16th Avenue, Burnaby, British Columbia V3N 1P9

6 beds
4 baths
11 days

The best side by side layout of 1/2 duplex built in a quiet street of burnaby east neighbour; it features spacious living room with 3 beds in main with 2 separate kitchens in separate entry, the 2 beds can be considered as mortgage helper; above has another 3 beds w/2 full bathroom and enclosed

House for sale: 4378 BRIARWOOD CRESCENT, Burnaby

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$2,480,000

4378 Briarwood Crescent, Burnaby, British Columbia V5G 2M6

5 beds
3 baths
10 days

Renovated 2 level home with back lane at the heart of Burnaby close to Metrotown! Features w/3 bedrooms on the main floor & mortgage helper in basement with separate entry. Situated on the high side of the street taking advantage of the Mountain VIEW. South-facing backyard with 170SF covered

Duplex for sale: 305 STRATFORD AVENUE, Burnaby

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$1,499,000

305 Stratford Avenue, Burnaby, British Columbia V5B 3X7

5 beds
4 baths
10 days

Top quality built side by side 1/2 duplex in highly desirable Burnaby Capitol Hill area with beautiful mountain view. Main floor living room, dining room, kitchen & one bedroom. Plus one bedroom suite for mortgage helper. Upstairs 3 bedrooms and 2 bathrooms. Close to schools (Capitol Hill

House for sale: 14780 78 AVE AVENUE, Surrey

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$1,999,000

14780 78 Ave Avenue, Surrey, British Columbia V3S 8Z4

8 beds
6 baths
44 days

Beautiful well kept home in Chimney Heights Area in Surrey, this stunning 4940 sq feet Basement entry home, 8 bedrooms and 6 Bathrooms, on 7000 sq feet lot with designer colors & elegant concept. Upstairs features 5 bedrooms & 3 Bathrooms. Main floor features living room, family room,

House for sale: 13661 60 AVENUE, Surrey

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$2,199,000

13661 60 Avenue, Surrey, British Columbia V3X 2M7

11 beds
8 baths
99 days

Luxury living in Panorama Ridge in Surrey with mortgage helper suites with a functional floorplan. Finished area of approx 5,000 square feet and the home features a total of 11 bedrooms, 8 bathrooms, and substantially updated in recent renovations. Main floor featuring a Living, Dining, Family,

House for sale: 11258 LOUGHREN AVENUE, Surrey

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$1,499,000

11258 Loughren Avenue, Surrey, British Columbia V3R 4Z2

5 beds
3 baths
217 days

Located in quiet yet central location this house is ideal for a family members working in different parts of the city. Located in Guildford, it is 30 minute drive to Downtown Vancouver, 15 minute to Burnaby, 35 minute drive to Abbotsford. The ground level suite can be rented out as a mortgage

Duplex for sale: 2 3320 E 44TH AVENUE, Vancouver

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$1,549,000

2 3320 E 44th Avenue, Vancouver, British Columbia V5R 3B4

5 beds
5 baths
30 days

Brand NEW back duplex in sought-after Killarney area. This 1758sf home offers 3 beds, 3 and half baths & open kitchen w/quartz countertops, high-end s/s appliances. Basement is fully finished with a 2-bed suite that can be great mortgage helper. Features include 9´ ceilings, stunning accent

House for sale: 8817 STEGAVIK COURT, Delta

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$2,199,000

8817 Stegavik Court, Delta, British Columbia V4C 0C6

6 beds
6 baths
323 days

An executive custom built home in Stegavik Court, one of Deltas MOST sought after neighbourhood. This beautiful home sits on a nicely situated lot that offers breathtaking 180 degree unobstructed panoramic view from the MASTER of the Fraser River. This open concept 6 bed, 6 bath home boasts

Understanding Mortgage Helpers in Burnaby

In the bustling city of Burnaby, the concept of a mortgage helper has gained significant traction among homeowners. With the rising cost of living and real estate prices, many are seeking innovative ways to make homeownership more affordable. A mortgage helper is essentially a secondary suite or rental unit within a property that generates rental income, helping to offset mortgage payments. This concept is not only popular in Burnaby but also in other parts of British Columbia, such as Richmond and Nanaimo.

The Appeal of Mortgage Helpers

The primary appeal of mortgage helpers is their ability to provide homeowners with a steady stream of income. This additional income can be a game-changer, especially for first-time buyers or those with tight budgets. In areas like Canada Way, Burnaby, where property prices are high, having a mortgage helper can make the difference between affording a home or not.

Moreover, mortgage helpers can increase the overall value of a property. Homes with legal suites are often more attractive to potential buyers, as they offer the possibility of rental income. This is evident in other regions as well, such as Langley and Ladysmith, where properties with mortgage helpers are in high demand.

Legal Considerations and Zoning

Before diving into the world of mortgage helpers, it's crucial to understand the legal considerations and zoning regulations in Burnaby. The city has specific guidelines regarding the creation and use of secondary suites. Homeowners must ensure that their suites comply with local building codes and zoning bylaws. This includes having proper permits and ensuring the suite meets safety standards.

In some cases, homeowners may need to make significant renovations to bring their suites up to code. However, the investment can be worthwhile, as compliant suites can command higher rental rates. For those interested in exploring properties with existing mortgage helpers, areas like Central Saanich and Deep Cove, Saanich offer numerous options.

Financial Benefits of Mortgage Helpers

The financial benefits of having a mortgage helper are undeniable. By renting out a secondary suite, homeowners can significantly reduce their monthly mortgage payments. This additional income can also be used to pay off the mortgage faster, saving thousands in interest over the life of the loan.

Furthermore, mortgage helpers can provide a financial cushion during economic downturns or personal financial hardships. In uncertain times, having a reliable source of rental income can offer peace of mind. This is particularly relevant in high-demand areas like Gastown and Van Anda, where rental properties are always in demand.

Design and Functionality

When designing a mortgage helper, functionality and appeal are key. A well-designed suite can attract quality tenants and command higher rental rates. Considerations such as private entrances, soundproofing, and modern amenities can enhance the appeal of a rental unit.

Additionally, it's essential to consider the target tenant demographic. For instance, a suite designed for students may differ from one intended for young professionals or families. Understanding the needs and preferences of potential tenants can guide design decisions and maximize rental income.

Challenges and Considerations

While mortgage helpers offer numerous benefits, they also come with challenges. Managing a rental property requires time and effort, from finding and vetting tenants to handling maintenance and repairs. Homeowners must be prepared to take on the responsibilities of being a landlord.

Moreover, there may be periods of vacancy, which can impact the expected rental income. It's essential to have a financial plan in place to cover mortgage payments during these times. Additionally, homeowners should be aware of the potential for tenant disputes and the need for clear rental agreements.