Property Type: Condo / ApartmentOwnership: Strata

2001 7178 COLLIER STREET

Burnaby, BC V5E4N7

$522,000

1 bed1 bath1 parking632 sqftBuilt 2005
Get Directions

Amenities

Gym

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
$276/mo
Annual property tax
$1,608.87 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
1 — uncovered indicated
Features
Underground, 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®
R3148380
Listed
July 21, 2026
Time on market
On the market for 41 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Crest Realty · Data source: CREA DDF.

Description

Welcome to Arcadia East in Highgate, Burnaby. This bright 1 bed, 1 bath condo sits on the 20th floor and offers stunning 180 degree city, water and mountain views. The open layout feels warm and welcoming with large windows that fill the home with natural light. The home is equipped with a natural gas stove, in-suite washer & dryer, 1 parking and 1 storage locker. Living here means being part of the Highgate neighbourhood where everything you need is close by. Highgate Village has shops, cafes, and groceries. You are only minutes from Edmonds Skytrain for quick access around the city. Parks, Community Centres and Metrotown are also nearby making it easy to to enjoy both relaxation and activity. This home is a great choice for first time home buyers, downsizers or investors. Don't miss out! (id:63159)

Values & Trends

This listing

$826/sqft

Building average

$754/sqft

2 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

78

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
Morley ElementaryElementary782 m
St. Francis de Sales(Independent)Elementary847 m
Brantford ElementaryElementary973 m
Stride Avenue Community ElementaryElementary997 m
Edmonds Community ElementaryElementary1.1 km
Lakeview ElementaryElementary1.3 km
Byrne Creek Community SecondarySecondary1.4 km
Windsor ElementaryElementary1.4 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
Northbound Salisbury Ave @ Kingsway199 m
Southbound Salisbury Ave @ Arcola St199 m
Southbound Salisbury Ave @ Elwell St203 m
Eastbound Kingsway @ Salisbury Ave223 m
Westbound Kingsway @ Walker Ave225 m

Nearby Places

Restaurants (5+)

  • Me-n-Ed's · 7229 Kingsway107 m
  • Fresh Box Sushi122 m
  • Mr. Greek Donair Shop · 7155 Kingsway138 m
  • Cora147 m
  • Rice & Noodle · 7155 Kingsway151 m

Cafes (5+)

  • Tealips Cafe · 7139 Arcola Way103 m
  • Starbucks168 m
  • Waves Coffee House · 101-7315 Edmonds Street300 m
  • Macao Imperial Tea · 7337 Edmonds Street349 m
  • Mostafa Coffee House · 7411 Edmonds Street496 m

Grocery (5+)

  • Jumbo Super Market · 7119 Arcola Way128 m
  • Save-On-Foods · 7155 Kingsway165 m
  • Grand Food Mart · 7351 Edmonds Street380 m
  • PriceSmart Foods · 7380 Edmonds Street409 m
  • Persia Food · 6791 Kingsway573 m

Parks (5+)

  • Unnamed67 m
  • Edmonds Park445 m
  • Powerhouse Park549 m
  • Poplar Park558 m
  • Sample's Pathway663 m

Gyms (2)

  • Club 16 Fitness Club93 m
  • Weight/Cardio Room526 m

Pharmacies (3)

  • Shoppers Drug Mart135 m
  • Edmonds Pharmacy · 7315 Edmonds Street311 m
  • Apoteka Pharmacy · 7487 Edmonds Street722 m

Banks & ATMs (5+)

  • Scotiabank · 7188 Kingsway194 m
  • CIBC202 m
  • TD207 m
  • RBC · 7297 Kingsway219 m
  • BMO232 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($27,200) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$417,600.00
Periodic payment — Principal & Interest (monthly)$2,694.21
Additional monthly expenses (strata, tax, utilities, etc.)$441.77
Total monthly cost$3,135.99
Interest paid over 5-yr term$119,685.36
Balance at end of term$375,632.55

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,200
Stress test qualifying rate8.09%
Payment you must qualify for$3,804.84

Cash Needed at Closing

Minimum down payment$27,200
Estimated BC PTT$8,440
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,140

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