Property Type: TownhouseOwnership: Strata

216 7001 ROYAL OAK AVENUE

Burnaby, BC V5J0H2

$849,000

2 bed3 bath1 parking955 sqftBuilt 2018
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$269/mo
Annual property tax
$2,744.62 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

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®
R3135048
Listed
June 11, 2026
Time on market
On the market for 81 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Grand Central Realty · Data source: CREA DDF.

Description

Presenting Me-Anta: a rare opportunity to own in an exclusive gated complex at the heart of the Royal Oak Community Plan. Location is everything !! Only steps away from Royal Oak Skytrain Station for a 20-minute commute to Downtown Vancouver, a short stroll to Bonsor Community Centre, Metrotown Mall and Burnaby South Secondary. This bright, upper-level corner home gets year round natural light from North, West and South. The interior features 9-foot ceiling throughout, with a modern open-concept layout on the main floor centered around a massive island and a convenient powder room - perfect for daily life or hosting guests. Separated by the stairs, enjoy total privacy with two well-sized bedrooms, each featuring its own private bathroom. Don't miss out on this rare gem. (id:63159)

Values & Trends

This listing

$889/sqft

Building average

No other active listings in this building

Burnaby average

$740/sqft

177 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.

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

17°C

Clear

Humidity 100%

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

48

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
Burnaby South SecondarySecondary457 m
Burnaby Youth Hub Secondary ProgramElementary623 m
Nelson ElementaryElementary646 m
Maywood Community ElementaryElementary866 m
Clinton ElementaryElementary1.1 km
South Slope ElementaryElementary1.1 km
Windsor ElementaryElementary1.1 km
École Marlborough ElementaryElementary1.2 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
Royal Oak Station @ Platform 258 m
Westbound Beresford St @ Royal Oak Ave62 m
Royal Oak Station @ Platform 169 m
Northbound Royal Oak Ave @ Sidley St204 m
Southbound Royal Oak Ave @ Sidley St259 m

Nearby Places

Restaurants (5+)

  • Something Sweet · 6888 Royal Oak Avenue203 m
  • Tenen Restaurant · 7569 Royal Oak Avenue456 m
  • Sasaya Bistro · 7538 Royal Oak Avenue457 m
  • Jia Wei Restaurant · 4854 Imperial Street484 m
  • Alvin Garden · 4850 Imperial Street493 m

Cafes (5+)

  • Ki Tea House Cafe · 6888 Royal Oak Avenue159 m
  • La Forêt · 6958 Palm Avenue181 m
  • D² Tea Lab · 6868 Royal Oak Avenue227 m
  • Sweet Puffin · 5252 Imperial Street248 m
  • BenGong's Tea · 5308 Grimmer Street454 m

Grocery (5+)

  • Hannam Supermarket · 5609 Imperial Street533 m
  • Smart N Save Grocery & Cafe · 7600 Royal Oak Avenue546 m
  • Boemma Euro Foods & Deli · 5172 Kingsway566 m
  • Buy-Low Foods · 7641 Royal Oak Avenue569 m
  • Wholesale Club · 5335 Kingsway630 m

Parks (5+)

  • BC Parkway224 m
  • Lewarne Park502 m
  • Unnamed543 m
  • Lewarne Park594 m
  • Ledingham Park · 7298 Jubilee Avenue612 m

Gyms (4)

  • Uplift Fitness · 7542 Royal Oak Avenue470 m
  • Fitness World · 5500 Kingsway483 m
  • Anytime Fitness · 7643 Royal Oak Avenue592 m
  • Playground619 m

Pharmacies (5+)

  • Imperial Remedy's Rx Pharmacy · 5262 Imperial Street255 m
  • South Slope Pharmacy · 5203 Rumble Street513 m
  • Imperial Neighbourhood Pharmacy · 4648 Imperial Street767 m
  • London Drugs · 4970 Kingsway775 m
  • Bonsor Pharmacy & Medical Supplies776 m

Banks & ATMs (3)

  • Vancity · 5064 Kingsway679 m
  • RBC754 m
  • TD · 4994 Kingsway765 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($59,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$679,200.00
Periodic payment — Principal & Interest (monthly)$4,381.97
Additional monthly expenses (strata, tax, utilities, etc.)$545.78
Total monthly cost$4,927.75
Interest paid over 5-yr term$194,660.67
Balance at end of term$610,942.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,067.90

Cash Needed at Closing

Minimum down payment$59,900
Estimated BC PTT$14,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,380

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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