Property Type: TownhouseOwnership: Strata

111 7161 17TH AVENUE

Burnaby, BC V3N0K1

$555,000

1 bed1 bath1 parking626 sqftBuilt 2025
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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
$257/mo
Annual property tax
$1,900.23 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

Lot features
Central location

Building

Parcel ID (PID)
032-368-798

Parking

Total spaces
1 — 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®
R3146940
Listed
July 16, 2026
Time on market
On the market for 46 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

Discover Element 2, a boutique collection of just 27 move-in ready townhomes steps from Edmonds SkyTrain Station. These thoughtfully designed homes feature bright open-concept layouts with 9´ ceilings and large windows that maximize natural light. Gourmet kitchens offer quartz countertops, waterfall islands, sleek cabinetry, matching backsplashes, and integrated Italian appliances, perfect for everyday living or entertaining. Premium finishes include roller blinds and pot lights throughout, with an option to add air conditioning. Conveniently located near Taylor Park Elementary, Byrne Creek Secondary, parks, and minutes to Edmonds Community Centre, Highgate Village, plus shopping, dining, and transit along Kingsway. (id:63159)

Values & Trends

This listing

$887/sqft

Building average

$843/sqft

3 active listing(s)

Burnaby average

$740/sqft

177 active listing(s)

Parking: 1 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

48

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 ElementaryElementary405 m
Byrne Creek Community SecondarySecondary737 m
Taylor Park ElementaryElementary909 m
St. Thomas More Collegiate(Independent)Secondary1.1 km
St. Francis de Sales(Independent)Elementary1.2 km
Our Lady of Mercy(Independent)Elementary1.2 km
Edmonds Community ElementaryElementary1.2 km
Lord Tweedsmuir ElementaryElementary1.3 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
Eastbound Edmonds St @ 18 St249 m
Westbound Edmonds St @ Salisbury Ave278 m
Eastbound Edmonds St @ 16 St295 m
Westbound Edmonds St @ Kingsway319 m
Northbound Griffiths Dr @ Southpoint Dr389 m

Nearby Places

Restaurants (5+)

  • NoodleBox · 104-7315 Edmonds Street469 m
  • Cora476 m
  • Pizza Hut · 7350 Kingsway496 m
  • Arisu Authentic Korean BBQ · 7328 Edmonds Street511 m
  • Me-n-Ed's · 7229 Kingsway512 m

Cafes (5+)

  • Waves Coffee House · 101-7315 Edmonds Street459 m
  • Starbucks503 m
  • Macao Imperial Tea · 7337 Edmonds Street533 m
  • Tealips Cafe · 7139 Arcola Way595 m
  • Mostafa Coffee House · 7411 Edmonds Street721 m

Grocery (5+)

  • Save-On-Foods · 7155 Kingsway538 m
  • PriceSmart Foods · 7380 Edmonds Street568 m
  • Grand Food Mart · 7351 Edmonds Street582 m
  • Kim's Mart · 6837 Station Hill Drive600 m
  • Jumbo Super Market · 7119 Arcola Way608 m

Parks (5+)

  • Poplar Park169 m
  • Stride Avenue Ravine Park173 m
  • Powerhouse Park496 m
  • Unnamed550 m
  • Ernie Winch Park615 m

Gyms (2)

  • Club 16 Fitness Club525 m
  • Weight/Cardio Room761 m

Pharmacies (2)

  • Edmonds Pharmacy · 7315 Edmonds Street482 m
  • Shoppers Drug Mart505 m

Banks & ATMs (5+)

  • Scotiabank · 7188 Kingsway434 m
  • CIBC453 m
  • RBC · 7297 Kingsway456 m
  • Waves - Edmonds - Bitcoin Well ATM · 7315 Edmonds Street460 m
  • Gulf & Fraser · 7310 Kingsway484 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 5.5% ($30,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$444,000.00
Periodic payment — Principal & Interest (monthly)$2,864.54
Additional monthly expenses (strata, tax, utilities, etc.)$446.34
Total monthly cost$3,310.88
Interest paid over 5-yr term$127,251.68
Balance at end of term$399,379.44

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$30,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,033.22

Cash Needed at Closing

Minimum down payment$30,500
Estimated BC PTT$9,100
Legal / closing costs (typical estimate)$1,500
Total cash needed$41,100

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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