Property Type: TownhouseOwnership: Strata

18 3788 LAUREL STREET

Burnaby, BC V5G1M7

$1,075,000

3 bed2 bath2 parking1,356 sqftBuilt 2009
Get Directions

Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$445/mo
Annual property tax
$3,540.74 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
2 — covered indicated
Features
Garage, Visitor Parking

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®
R3153355
Listed
August 6, 2026
Time on market
On the market for 25 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Promerita Realty Corp. · Data source: CREA DDF.

Description

Welcome to the best unit at LAURELS, built by reputable developer Listraor, boasting PANORAMIC VIEWS OF THE NORTH SHORE MOUNTAINS! This thoughtfully designed 3 BED + 2 BATH townhouse features ground floor entry, ATTACHED GARAGE with 2 parking spots and private ROOFTOP PATIO with stunning views perfect for entertaining. This bright home offers a south-facing kitchen with stainless steel appliances, granite countertops, hardwood flooring, new carpets and spacious living room with high 13 ft ceilings. Centrally located just steps away to restaurants, shopping, public transit, parks, Burnaby Hospital and quick access to HWY 1, Downtown Vancouver, North Shore slopes, BCIT. School catchment: Cascade Heights Elementary, Moscrop Secondary with French Immersion, and nearby Vancouver Christian School. (id:63159)

Values & Trends

This listing

$793/sqft

Building average

No other active listings in this building

Burnaby average

$741/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

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

63

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
Whytecliff Agile Learning Centre-Burnaby(Independent)Secondary67 m
Vancouver Christian(Independent)K-12448 m
Renfrew Community ElementaryElementary741 m
Cascade Heights ElementaryElementary907 m
Thunderbird šxʷəxʷaʔəs ElementaryElementary1.2 km
Outlook Secondary ProgramElementary1.3 km
Graham Bruce Community ElementaryElementary1.3 km
Windermere Community SecondarySecondary1.3 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 Canada Way @ Boundary Rd75 m
Westbound Canada Way @ Smith Ave110 m
Southbound Smith Ave @ Laurel St196 m
Northbound Smith Ave @ Linwood St214 m
Southbound Smith Ave @ Avondale St246 m

Nearby Places

Restaurants (5+)

  • Takara Sushi · 3726 Canada Way62 m
  • Simba's Grill68 m
  • Argo Greek143 m
  • Agra Tandoori Restaurant157 m
  • Nu Sushi Bar · 3787 Canada Way168 m

Cafes (1)

  • Starbucks72 m

Grocery (2)

  • Hanna Meats & Grocery · 3822 Sunset Street545 m
  • Walmart Supercentre · 3585 Grandview Highway658 m

Parks (3)

  • Avondale Park354 m
  • Broadview Park474 m
  • Falaise Park · 3434 Falaise Avenue492 m

Gyms (1)

  • Scienced Athletics · 3732 Canada Way56 m

Pharmacies (3)

  • Burnaby Guardian Pharmacy · 3300 Boundary Road84 m
  • Guardian · 3835 Sunset Street536 m
  • Sunset Pharmacy · 3818 Sunset Street542 m

Banks & ATMs (1)

  • TD300 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($82,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$860,000.00
Periodic payment — Principal & Interest (monthly)$5,548.43
Additional monthly expenses (strata, tax, utilities, etc.)$808.13
Total monthly cost$6,356.56
Interest paid over 5-yr term$246,478.47
Balance at end of term$773,572.78

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$82,500
Stress test qualifying rate8.09%
Payment you must qualify for$7,631.98

Cash Needed at Closing

Minimum down payment$82,500
Estimated BC PTT$19,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$103,500

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.

Request more information