Property Type: TownhouseOwnership: Strata

11 7488 SALISBURY AVENUE

Burnaby, BC V5E3A3

$1,068,000

3 bed3 bath2 parking1,887 sqftBuilt 1995
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$441/mo
Annual property tax
$3,375.09 (2025)

Interior

Basement
Finished, Unknown, Unknown
Heating
Baseboard heaters, Electric, Natural gas
Fireplace
None

Parking

Total spaces
2 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
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®
R3066076
Listed
November 10, 2025
Time on market
On the market for 294 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal Pacific Tri-Cities Realty · Data source: CREA DDF.

Description

Almost 1900 sqft townhome with the primary bedroom and ensuite occupying the entire top level plus its own private balcony, well layout floor plan, gas fireplace in the living room, direct access from the lower level to the 2 parking stalls. Ten minutes drive to Metrotown with plenty of eateries and services along the way. Short walk to Edmonds transit hub with a skytrain station and connecting buses. (id:63159)

Values & Trends

This listing

$566/sqft

Building average

$541/sqft

1 active listing(s)

Burnaby average

$742/sqft

177 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.

Townhouse Market Stats — Burnaby

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

MLS® HPI Benchmark Price

$897,400

Jul 2026

Average Sale Price

$889,311

Jul 2026

Monthly Sales

35

Jul 2026

Active Listings

197

Jul 2026

Sales-to-Active Ratio

18.0%

Jul 2026

Median Days to Contract

14 days

Jul 2026

MLS® HPI Benchmark Price

$1,002,100
$815,000
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Vancouver

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 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

56

7/9 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
Stride Avenue Community ElementaryElementary547 m
St. Francis de Sales(Independent)Elementary885 m
Taylor Park ElementaryElementary927 m
Byrne Creek Community SecondarySecondary934 m
Brantford ElementaryElementary1.2 km
Morley ElementaryElementary1.2 km
St. Thomas More Collegiate(Independent)Secondary1.4 km
Edmonds Community ElementaryElementary1.4 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
Westbound Edmonds St @ Salisbury Ave30 m
Eastbound Edmonds St @ 18 St37 m
Eastbound Kingsway @ Salisbury Ave302 m
Eastbound Edmonds St @ 16 St315 m
Westbound Edmonds St @ Kingsway332 m

Nearby Places

Restaurants (5+)

  • B&D Viet Cuisine · 7090 Kingsway296 m
  • Twinkle Thai313 m
  • Anatolia's Gate · 7084 Kingsway314 m
  • Nao Sushi · 7060 Kingsway317 m
  • Cora345 m

Cafes (5+)

  • Starbucks331 m
  • Tealips Cafe · 7139 Arcola Way428 m
  • Waves Coffee House · 101-7315 Edmonds Street488 m
  • Macao Imperial Tea · 7337 Edmonds Street580 m
  • Kea's Meat & Deli · 6616 Beresford Street746 m

Grocery (5+)

  • Save-On-Foods · 7155 Kingsway354 m
  • Jumbo Super Market · 7119 Arcola Way429 m
  • Kim's Mart · 6837 Station Hill Drive508 m
  • Persia Food · 6791 Kingsway569 m
  • Grand Food Mart · 7351 Edmonds Street635 m

Parks (5+)

  • Poplar Park118 m
  • Powerhouse Park223 m
  • Stride Avenue Ravine Park226 m
  • Sample's Pathway390 m
  • Unnamed466 m

Gyms (1)

  • Club 16 Fitness Club397 m

Pharmacies (2)

  • Shoppers Drug Mart355 m
  • Edmonds Pharmacy · 7315 Edmonds Street516 m

Banks & ATMs (5+)

  • CIBC288 m
  • Scotiabank · 7188 Kingsway299 m
  • TD331 m
  • BMO342 m
  • Unnamed347 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Other Listings in This Building

Other units currently listed in the same building. 11 7488 SALISBURY AVENUE

View building profile →
Built 1995

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($81,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$854,400.00
Periodic payment — Principal & Interest (monthly)$5,512.30
Additional monthly expenses (strata, tax, utilities, etc.)$816.15
Total monthly cost$6,328.45
Interest paid over 5-yr term$244,873.50
Balance at end of term$768,535.56

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$81,800
Stress test qualifying rate8.09%
Payment you must qualify for$7,583.53

Cash Needed at Closing

Minimum down payment$81,800
Estimated BC PTT$19,360
Legal / closing costs (typical estimate)$1,500
Total cash needed$102,660

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.

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