1606 7088 18TH AVENUE
Burnaby, BC V3N0A2
$499,000
Amenities
Also listed: Recreation Centre, Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $329/mo
- Annual property tax
- $1,610.14 (2024)
Interior
- Heating
- Baseboard heaters, Electric
- Fireplace
- None
Exterior & Lot
- View
- View
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®
- R3152101
- Listed
- August 4, 2026
- Time on market
- On the market for 27 days
- Tax assessment year
- 2024
- Data last synced
- August 28, 2026
Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.
Description
Well-maintained 1 bed and 1 bath unit at Park360 by Cressey with stunning panoramic City and Mountain views from the 16th floor. Features 9´ ceilings, gas stove, granite counters, SS appliances, and floor-to-ceiling windows. Spacious layout with large balcony and walk-through closet to ensuite. Comes with 1 parking and 1 locker. Amenities: gym, hot tub, sauna, games room, and party room. Pet-friendly & rental-friendly. Just a 3-min walk to Edmonds SkyTrain, connecting you to Downtown Vancouver in 24 minutes. Highgate Village, with Save-On-Foods, Shoppers, and Club 16, is only a 10-min walk away. Parks and trails close by. (id:63159)
Values & Trends
This listing
$802/sqft
Building average
$806/sqft
4 active listing(s)
Burnaby average
$865/sqft
1019 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Vancouver
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
41
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
| School | Type | Distance |
|---|---|---|
| Stride Avenue Community Elementary | Elementary | 310 m |
| Taylor Park Elementary | Elementary | 676 m |
| Byrne Creek Community Secondary | Secondary | 708 m |
| St. Francis de Sales(Independent) | Elementary | 1.1 km |
| Connaught Heights Elementary | Elementary | 1.2 km |
| Lord Tweedsmuir Elementary | Elementary | 1.4 km |
| St. Thomas More Collegiate(Independent) | Secondary | 1.4 km |
| Brantford Elementary | Elementary | 1.4 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
| Stop | Type | Distance |
|---|---|---|
| Edmonds Station @ Bay 2 | — | 170 m |
| Edmonds Station @ Bay 6 | — | 177 m |
| Edmonds Station @ Bay 3 | — | 184 m |
| Edmonds Station @ Bay 5 | — | 191 m |
| Edmonds Station @ Bay 4 | — | 198 m |
Nearby Places
Restaurants (5+)
- Watt's For Lunch Cafe · 6911 Southpoint Drive290 m
- B&D Viet Cuisine · 7090 Kingsway552 m
- Twinkle Thai563 m
- Anatolia's Gate · 7084 Kingsway564 m
- Nao Sushi · 7060 Kingsway565 m
Cafes (4)
- Starbucks591 m
- Tealips Cafe · 7139 Arcola Way688 m
- Waves Coffee House · 101-7315 Edmonds Street689 m
- Macao Imperial Tea · 7337 Edmonds Street775 m
Grocery (4)
- Kim's Mart · 6837 Station Hill Drive314 m
- Save-On-Foods · 7155 Kingsway615 m
- Jumbo Super Market · 7119 Arcola Way689 m
- Persia Food · 6791 Kingsway757 m
Parks (5+)
- Stride Avenue Ravine Park113 m
- Poplar Park200 m
- Powerhouse Park370 m
- City in the Park · Station Hill Drive415 m
- Sample's Pathway489 m
Gyms (1)
- Club 16 Fitness Club653 m
Pharmacies (2)
- Shoppers Drug Mart613 m
- Edmonds Pharmacy · 7315 Edmonds Street716 m
Banks & ATMs (5+)
- CIBC547 m
- Scotiabank · 7188 Kingsway552 m
- TD591 m
- BMO599 m
- Unnamed601 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($24,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.





