Property Type: Condo / ApartmentOwnership: Strata

501 6220 MCKAY AVENUE

Burnaby, BC V5H4M8

$799,000

2 bed2 bath2 parking1,307 sqftBuilt 1991
Get Directions

Property Details

Property & Lot

Sub-type
Apartment
Frontage
0 feet

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$453/mo
Annual property tax
$2,393.02 (2025)

Interior

Heating
Electric
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3156786
Listed
August 18, 2026
Time on market
On the market for 13 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: LeHomes Realty Premier · Data source: CREA DDF.

Description

GREAT LOCATION IN HEART OF METROTOWN PLUS BONUS 2 PARKING SPOTS. FULLY RENOVATED IN APRIL 2018: NEW HARDWOOD FLOOR, NEW KITCHEN AND BATHROOM, NEW PAINTING. GRANDE CORNICHE II. LARGE CORNER UNIT WITH 2 BEDROOMS PLUS DEN. INCLUDES 4 PIECE EN-SUITE, IN SUITE LAUNDRY, WOOD FLOORS IN THE MAIN LIVING AREA, 2 PARKING SPOTS SIDE BY SIDE PLUS STORAGE LOCKER. LOTS OF SHOPPING AT YOUR DOOR STEP, BURNABY LIBRARY, CENTRAL PARK, METROTOWN AND CRYSTAL MALL, BONSOR COMMUNITY CENTER, SKYTRAIN, BUS HUB. VERY CENTRALLY LOCATED. MUST SEE. (id:63159)

Values & Trends

This listing

$611/sqft

Building average

$606/sqft

1 active listing(s)

Burnaby average

$865/sqft

1019 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Burnaby

Monthly figures from the Fraser Valley Real Estate Board for Burnaby apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$704,600

Jul 2026

Average Sale Price

$660,187

Jul 2026

Monthly Sales

170

Jul 2026

Active Listings

1,097

Jul 2026

Sales-to-Active Ratio

16.0%

Jul 2026

Median Days to Contract

30 days

Jul 2026

MLS® HPI Benchmark Price

$805,900
$700,500
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Vancouver

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

249,125

(2021 Census)

+7% since 2016

Density: 2,750.6/km²

Dwellings: 107,046

Median household income: $83,000

After-tax: $73,500

Immigrant population: 50.4%

Top countries of origin (% of total population)

  • China12.4% · 30,860
  • Philippines4.5% · 11,235
  • Hong Kong4.4% · 11,010
  • Taiwan3.1% · 7,750
  • India3% · 7,540
  • Korea, South2.6% · 6,380
  • Viet Nam1.4% · 3,380
  • Iran1.3% · 3,210

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

85

8/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Maywood Community ElementaryElementary616 m
Chaffey-Burke ElementaryElementary727 m
Burnaby Youth Hub Secondary ProgramElementary832 m
École Marlborough ElementaryElementary947 m
South Slope ElementaryElementary1.3 km
Nelson ElementaryElementary1.5 km
École Inman ElementaryElementary1.6 km
Suncrest ElementaryElementary1.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Northbound McKay Ave @ Kingsborough St68 m
Southbound McKay Ave @ Kingsborough St72 m
Metrotown Station @ Bay 10150 m
Metrotown Station @ Bay 1157 m
Metrotown Station @ Bay 8167 m

Nearby Places

Restaurants (5+)

  • Pür & Simple · 6096 McKay Avenue47 m
  • Tendon Kohaku · 6063 Silver Drive50 m
  • Cactus Club Cafe · 6090 Silver Drive52 m
  • Pokerrito · 6059 Silver Drive73 m
  • 囍·澳门特色打边炉 The Dolar Shop · 6078 Silver Drive75 m

Cafes (5+)

  • JJ Bean · 6067 Silver Drive33 m
  • Sunshine · 4500 Kingsway100 m
  • Bubble Waffle Cafe · 4500 Kingsway110 m
  • Choo Tea · 4500 Kingsway112 m
  • Tim Hortons · 6200 McKay Avenue118 m

Grocery (5+)

  • PriceSmart Foods · 4650 Kingsway207 m
  • Real Canadian Superstore · 4700 Kingsway215 m
  • Save-On-Foods · 4469 Kingsway398 m
  • Walmart Supercentre · 4545 Central Boulevard419 m
  • 大統華 T&T Supermarket · 4800 Kingsway420 m

Parks (5+)

  • Burnaby Civic Square146 m
  • Kinnee Park402 m
  • Maywood Park468 m
  • Unnamed · 5848 Olive Avenue567 m
  • Old Orchard Park625 m

Shopping (3)

  • Unnamed · 4500 Kingsway175 m
  • Metropolis at Metrotown · 4700 Kingsway372 m
  • Muji · 4700 Kingsway507 m

Gyms (5+)

  • Physio Collective · 6055 Silver Drive92 m
  • Vivian Beauty Spa · 4500 Kingsway107 m
  • Orangetheory Fitness · 6076 McKay Avenue110 m
  • Unnamed121 m
  • Lin Spa · 4500 Kingsway203 m

Pharmacies (5+)

  • Rexall · 6200 McKay Avenue71 m
  • Crystal Pharmacy · 4500 Kingsway118 m
  • Pharmasave · 4390 Beresford Street209 m
  • Metrocare Pharmacy · 4649 Kingsway292 m
  • Shoppers Drug Mart · 4800 Kingsway394 m

Banks & ATMs (5+)

  • Beem Credit Union · 6200 McKay Avenue119 m
  • BMO · 6023 Silver Drive139 m
  • TD · 4630 Kingsway218 m
  • CIBC · 4700 Kingsway230 m
  • Unnamed231 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Other Listings in This Building

Other units currently listed in the same building. 501 6220 MCKAY AVENUE

View building profile →
Built 1990

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,200.00
Periodic payment — Principal & Interest (monthly)$4,123.90
Additional monthly expenses (strata, tax, utilities, etc.)$717.05
Total monthly cost$4,840.95
Interest paid over 5-yr term$183,196.56
Balance at end of term$574,962.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,721.87

Cash Needed at Closing

Minimum down payment$54,900
Estimated BC PTT$13,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,380

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information