Property Type: Condo / ApartmentOwnership: Strata

220 7288 ACORN AVENUE

Burnaby, BC V5E4H6

$458,800

1 bed2 bath1 parking875 sqftBuilt 1990
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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
$441/mo
Annual property tax
$1,655.36 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Parking

Total spaces
1

Restrictions & Policies

Pets
Not allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3157748
Listed
August 20, 2026
Time on market
On the market for 11 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Exceptional value meets stylish updates in this spacious 1-bedroom, 1.5-bath home, offering a functional layout, quality finishings, and impressive storage throughout. Enjoy a large wraparound south-facing balcony overlooking a peaceful greenbelt, perfect for relaxing or entertaining. The generous primary bedroom connects to a versatile den, ideal as a walk-in closet, home office, or extra storage. The stylish updated kitchen features sleek black quartz countertops, stainless steel appliances, and a rare window above the sink that fills the space with natural light. In-suite laundry and a convenient powder room add everyday functionality. Close to shopping, restaurants, transit, amenities, and Highland Park Line Trail. (id:63159)

Values & Trends

This listing

$524/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

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

67

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
Stride Avenue Community ElementaryElementary699 m
St. Francis de Sales(Independent)Elementary903 m
Byrne Creek Community SecondarySecondary1.1 km
Morley ElementaryElementary1.1 km
Taylor Park ElementaryElementary1.1 km
Brantford ElementaryElementary1.2 km
Edmonds Community ElementaryElementary1.2 km
St. Thomas More Collegiate(Independent)Secondary1.3 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 Edmonds St @ 16 St153 m
Westbound Edmonds St @ Kingsway159 m
Eastbound Kingsway @ Hall Ave179 m
Eastbound Kingsway @ Salisbury Ave185 m
Westbound Kingsway @ Walker Ave203 m

Nearby Places

Restaurants (5+)

  • Cora153 m
  • Mr. Greek Donair Shop · 7155 Kingsway200 m
  • Me-n-Ed's · 7229 Kingsway212 m
  • Fresh Box Sushi216 m
  • B&D Viet Cuisine · 7090 Kingsway217 m

Cafes (5+)

  • Starbucks174 m
  • Tealips Cafe · 7139 Arcola Way266 m
  • Waves Coffee House · 101-7315 Edmonds Street294 m
  • Macao Imperial Tea · 7337 Edmonds Street387 m
  • Mostafa Coffee House · 7411 Edmonds Street594 m

Grocery (5+)

  • Save-On-Foods · 7155 Kingsway209 m
  • Jumbo Super Market · 7119 Arcola Way278 m
  • Grand Food Mart · 7351 Edmonds Street441 m
  • PriceSmart Foods · 7380 Edmonds Street449 m
  • Persia Food · 6791 Kingsway585 m

Parks (5+)

  • Poplar Park259 m
  • Unnamed294 m
  • Powerhouse Park359 m
  • Stride Avenue Ravine Park381 m
  • Sample's Pathway517 m

Gyms (2)

  • Club 16 Fitness Club206 m
  • Weight/Cardio Room634 m

Pharmacies (2)

  • Shoppers Drug Mart177 m
  • Edmonds Pharmacy · 7315 Edmonds Street322 m

Banks & ATMs (5+)

  • Scotiabank · 7188 Kingsway107 m
  • CIBC123 m
  • TD211 m
  • RBC · 7297 Kingsway227 m
  • BMO242 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,940) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$367,040.00
Periodic payment — Principal & Interest (monthly)$2,368.02
Additional monthly expenses (strata, tax, utilities, etc.)$622.48
Total monthly cost$2,990.49
Interest paid over 5-yr term$105,194.72
Balance at end of term$330,153.67

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,940
Stress test qualifying rate8.09%
Payment you must qualify for$3,351.61

Cash Needed at Closing

Minimum down payment$22,940
Estimated BC PTT$7,176
Legal / closing costs (typical estimate)$1,500
Total cash needed$31,616

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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