Property Type: Condo / ApartmentOwnership: StrataNEW LISTING

1903 6688 ARCOLA STREET

Burnaby, BC V5E0B3

$649,900

2 bed2 bath1 parking840 sqftBuilt 2011
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment
Frontage
0 feet

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$292/mo
Annual property tax
$2,256.01 (2025)

Interior

Heating
Baseboard heaters, Forced air
Fireplace
None
Appliances
All

Exterior & Lot

View
View
Lot features
Central location, Private setting, Elevator

Building

Parcel ID (PID)
028-547-659

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®
R3159567
Listed
August 28, 2026
Time on market
On the market for 4 days
Tax assessment year
2025
Data last synced
August 29, 2026

Listing provided by: Nu Stream Realty Inc. · Data source: CREA DDF.

Description

LUMA by Polygon a stylish 2-bedroom, 2-bathroom home situated on a higher floor with expansive North, West, and South-facing views of the city and mountains. Floor-to-ceiling windows fill the home with natural light, creating a bright and inviting living space. The spacious primary bedroom features a generous walk-in closet and ensuite with dual sinks. Additional highlights include granite countertops, stainless steel appliances, and a gas cooktop, with gas included in the strata fees. Enjoy convenient location within walking distance to schools, groceries, restaurants, and everyday amenities, plus just a 5-minute drive to Edmonds SkyTrain Station and Metrotown. Residents have access to excellent building amenities including a fully equipped fitness centre, yoga room, clubhouse, and garden (id:63159)

Values & Trends

This listing

$774/sqft

Building average

No other active listings in this building

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

Mostly Cloudy

18°C

Mostly Cloudy

Humidity 93%

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

52

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
St. Francis de Sales(Independent)Elementary131 m
Brantford ElementaryElementary617 m
Windsor ElementaryElementary645 m
Morley ElementaryElementary1.0 km
Clinton ElementaryElementary1.2 km
Stride Avenue Community ElementaryElementary1.2 km
Taylor Park ElementaryElementary1.4 km
Burnaby South SecondarySecondary1.4 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 Kingsway @ Sperling Ave69 m
Eastbound Kingsway @ Arcola St126 m
Westbound Kingsway @ Arcola St248 m
Westbound Kingsway @ Griffiths Ave325 m
Eastbound Kingsway @ Gilley Ave415 m

Nearby Places

Restaurants (5+)

  • Singapore Hawker · 7150 Sperling Avenue96 m
  • Pearl Hot Pot · 7154 Sperling Avenue99 m
  • Sushi Garden99 m
  • Pho Century Fine Vietnamese Cuisine · 6701 Kingsway118 m
  • Mr. Ho Wonton House144 m

Cafes (5+)

  • Tim Hortons · 6641 Kingsway62 m
  • Kea's Meat & Deli · 6616 Beresford Street261 m
  • CoCo Fresh Tea & Juice · 6231 Kingsway569 m
  • Tealips Cafe · 7139 Arcola Way680 m
  • Starbucks689 m

Grocery (4)

  • Persia Food · 6791 Kingsway213 m
  • King's Market · 6218 Kingsway537 m
  • Jumbo Super Market · 7119 Arcola Way652 m
  • Save-On-Foods · 7155 Kingsway659 m

Parks (5+)

  • Unnamed147 m
  • Burnaby South Memorial Park172 m
  • Rene Memorial Park182 m
  • Highland Park201 m
  • Unnamed427 m

Gyms (1)

  • Club 16 Fitness Club766 m

Pharmacies (1)

  • Shoppers Drug Mart727 m

Banks & ATMs (5+)

  • Unnamed563 m
  • BMO588 m
  • TD626 m
  • CIBC715 m
  • Scotiabank · 7188 Kingsway761 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($39,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$519,920.00
Periodic payment — Principal & Interest (monthly)$3,354.35
Additional monthly expenses (strata, tax, utilities, etc.)$521.83
Total monthly cost$3,876.18
Interest paid over 5-yr term$149,010.57
Balance at end of term$467,669.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,689.99

Cash Needed at Closing

Minimum down payment$39,990
Estimated BC PTT$10,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,488

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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