Property Type: Condo / ApartmentOwnership: Strata

1205 7328 ARCOLA STREET

Burnaby, BC V5E0A7

$599,900

2 bed2 bath1 parking850 sqftBuilt 2009
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$411/mo
Annual property tax
$2,127.23 (2025)

Interior

Heating
Baseboard heaters, Natural gas
Fireplace
None
Appliances
Refrigerator, Stove, Oven - Built-In, Washer & Dryer

Exterior & Lot

View
View

Building

Security
Smoke Detectors, Sprinkler System-Fire
Parcel ID (PID)
027-800-717

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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®
R3158185
Listed
August 24, 2026
Time on market
On the market for 7 days
Tax assessment year
2025
Data last synced
August 31, 2026

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

Description

PRICED TO SELL! 2+ 2 South East Corner Unit with a view. Best Price to get into Edmonds. Quality BOSA builds. 1 parking + 1 locker. Close to Highgate Mall, right on Kingsway. Gym, Party Room, Garden, Theatre + Waves Coffee on the 1st floor. (id:63159)

Values & Trends

This listing

$706/sqft

Building average

$797/sqft

5 active listing(s)

Burnaby average

$865/sqft

1019 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.

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

70

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
Edmonds Community ElementaryElementary880 m
Stride Avenue Community ElementaryElementary909 m
Morley ElementaryElementary982 m
St. Thomas More Collegiate(Independent)Secondary1.1 km
St. Francis de Sales(Independent)Elementary1.1 km
Byrne Creek Community SecondarySecondary1.2 km
Our Lady of Mercy(Independent)Elementary1.2 km
Brantford 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
Westbound Edmonds St @ Linden Ave87 m
Westbound Kingsway @ Walker Ave121 m
Eastbound Kingsway @ Hall Ave144 m
Eastbound Edmonds St @ Linden Ave146 m
Westbound Edmonds St @ Kingsway200 m

Nearby Places

Restaurants (5+)

  • NoodleBox · 104-7315 Edmonds Street39 m
  • Chicko Chicken · 7343 Edmonds Street66 m
  • Watashi Sushi · 7341 Edmonds Street83 m
  • Arisu Authentic Korean BBQ · 7328 Edmonds Street95 m
  • Pho 68 · 7360 Edmonds Street123 m

Cafes (5+)

  • Waves Coffee House · 101-7315 Edmonds Street46 m
  • Macao Imperial Tea · 7337 Edmonds Street74 m
  • Mostafa Coffee House · 7411 Edmonds Street273 m
  • Edmonds Cafe326 m
  • Starbucks344 m

Grocery (4)

  • Grand Food Mart · 7351 Edmonds Street122 m
  • PriceSmart Foods · 7380 Edmonds Street140 m
  • Save-On-Foods · 7155 Kingsway371 m
  • Jumbo Super Market · 7119 Arcola Way384 m

Parks (5+)

  • Edmonds Park335 m
  • Unnamed339 m
  • Poplar Park531 m
  • Stride Avenue Ravine Park633 m
  • Powerhouse Park676 m

Gyms (2)

  • Club 16 Fitness Club264 m
  • Weight/Cardio Room312 m

Pharmacies (3)

  • Edmonds Pharmacy · 7315 Edmonds Street35 m
  • Shoppers Drug Mart304 m
  • Apoteka Pharmacy · 7487 Edmonds Street529 m

Banks & ATMs (5+)

  • Waves - Edmonds - Bitcoin Well ATM · 7315 Edmonds Street45 m
  • Bitcoin ATM Coinsite · 7329 Edmonds Street58 m
  • Gulf & Fraser · 7310 Kingsway82 m
  • RBC · 7297 Kingsway101 m
  • Scotiabank · 7188 Kingsway288 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,920.00
Periodic payment — Principal & Interest (monthly)$3,096.28
Additional monthly expenses (strata, tax, utilities, etc.)$630.95
Total monthly cost$3,727.23
Interest paid over 5-yr term$137,546.45
Balance at end of term$431,689.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,343.96

Cash Needed at Closing

Minimum down payment$34,990
Estimated BC PTT$9,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,488

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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