Burnaby Rental Yields on New Construction
CMHC's 2025 survey puts the average Burnaby one-bedroom at $1,730 a month. Against the current median new-construction condo list price of $899,000 (live MLS snapshot, August 31, 2026), that is a gross yield of 2.3%. Here is the full arithmetic and what it leaves out.
PresaleProperties.com is the buyer-focused representation practice of Uzair Muhammad (REALTOR, Real Broker BC), serving presale and new construction buyers across Metro Vancouver and the Fraser Valley from 3211 152 St, Building C, Suite 402, Surrey BC V3Z 1H8 — (672) 258-1100.
Average rents in Burnaby
CMHC 2025: one-bedroom $1,730, two-bedroom $2,144, three-bedroom $2,452, with an overall vacancy rate of 6.0%. These are survey averages across the whole rental stock, so a brand-new unit typically rents above the average and an older one below it.
The gross yield calculation
Gross yield = annual rent ÷ purchase price. One-bedroom: $1,730 × 12 = $20,760 a year, divided by $899,000 = 2.3%. Two-bedroom rent against the same median price gives 2.9%. Substitute the actual price of the unit you are considering — the median is only a reference point.
What gross yield ignores
Strata fees, property tax, insurance, maintenance, vacancy, management and mortgage interest all reduce it. A new building often carries lower maintenance but a strata contingency contribution at completion. Model your own numbers with the ROI calculator rather than relying on a headline percentage — we make no return promises.
Buying a rental as a presale
Most BC presale deposits total 5–15% of the purchase price, staged across several instalments, with promotional structures occasionally as low as 2.5–5%. Deposits are held in trust under REDMA. A presale rental means holding a deposit through construction with no rent arriving until completion, then qualifying for your mortgage at completion rather than at signing. Move-in ready new construction rents from day one instead — both routes are on this site.
Frequently Asked Questions
What is the gross rental yield in Burnaby?
Using CMHC's 2025 average Burnaby one-bedroom rent of $1,730 against the current median condo list price of $899,000, the gross yield is 2.3%. Gross yield is rent × 12 ÷ price and excludes every cost of ownership.
How do you calculate it?
Annual rent divided by purchase price. $1,730 × 12 ÷ $899,000 = 2.3%. We show the arithmetic rather than a projected return because strata fees, property tax, insurance, vacancy, management and financing all come out of that number.
What costs come off the gross yield?
Strata fees, property tax, insurance, maintenance, vacancy allowance, any management fee, and your mortgage payment. Net yield in Metro Vancouver is materially lower than gross — treat gross yield as a screening filter, not a return.
Is Burnaby a good rental market?
CMHC recorded a 6.0% vacancy rate in Burnaby in 2025. We report the data and will not promise a return or a price outcome.
What deposit do I need to buy a rental presale in Burnaby?
Most BC presale deposits total 5–15% of the purchase price, staged across several instalments, with promotional structures occasionally as low as 2.5–5%. Deposits are held in trust under REDMA.
| Average 1-bedroom rent (CMHC 2025) | $1,730 |
|---|---|
| Average 2-bedroom rent (CMHC 2025) | $2,144 |
| Average 3-bedroom rent (CMHC 2025) | $2,452 |
| Vacancy rate | 6.0% |
| Median new-construction condo list price (August 31, 2026) | $899,000 |
| Gross yield, 1-bedroom | 2.3% |
| Gross yield, 2-bedroom | 2.9% |
Presale projects in Burnaby
- The Standard — Metrotown, Burnaby · from $499,900 · 15% deposit
- Koen — Metrotown, Burnaby · from $650,000 · 5% deposit
- Symposia — Burnaby Mountain, Burnaby · from $550,000 · 15% deposit
- Tower Six at The Amazing Brentwood — Brentwood, Burnaby · from $665,000 · 15% deposit
- Ethos — Metrotown, Burnaby · from $519,000 · 15% deposit
- kʷasən Village — West Burnaby, Burnaby · from $399,900 · 15% deposit
- Onyx — Maywood, Burnaby · from $559,900 · 15% deposit
- Tower THREE - The City of Lougheed — Lougheed Town Centre, Burnaby · from $555,900 · 5% deposit
- NUVO — Metrotown, Burnaby · from $569,900 · 5% deposit
- Brentwood Block — Brentwood, Burnaby · 15% deposit
Founded by Uzair Muhammad, REALTOR® — Real Broker BC