Property Type: Condo / ApartmentOwnership: Strata

2807 7088 18TH AVENUE

Burnaby, BC V3N0A2

$699,000

2 bed2 bath1 parking884 sqftBuilt 2007
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Amenities

Gym

Also listed: Recreation Centre

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$468/mo
Annual property tax
$2,374.41 (2026)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
1

Restrictions & Policies

Pets
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®
R3123184
Listed
May 13, 2026
Time on market
On the market for 110 days
Tax assessment year
2026
Data last synced
August 28, 2026

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

Description

Park 360 built by Cressey Development Group. This stunning 28th-floor corner unit offers spectacular city and water views through floor-to-ceiling windows, with high ceilings. Featuring 2 bedrooms, 2 bathrooms, and 870 square ft of bright, open-concept living space with a modern layout. Excellent amenities include gym/exercise centre, hot tub, sauna & steam room, clubhouse/recreation room, theatre room, library/lounge area, garden area, pool table room, and caretaker/management onsite. Located directly across from Edmonds SkyTrain Station and close to Highgate Shopping Centre, Byrne Creek trails and parks, with easy access to SFU, Metrotown, and downtown Vancouver. School catchment: Taylor Park Elementary and Byrne Creek Secondary. Includes 1 parking and 1 storage locker. (id:63159)

Values & Trends

This listing

$791/sqft

Building average

$809/sqft

4 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

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

41

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 ElementaryElementary307 m
Byrne Creek Community SecondarySecondary701 m
Taylor Park ElementaryElementary714 m
St. Francis de Sales(Independent)Elementary1.1 km
Connaught Heights ElementaryElementary1.2 km
St. Thomas More Collegiate(Independent)Secondary1.3 km
Lord Tweedsmuir ElementaryElementary1.3 km
Our Lady of Mercy(Independent)Elementary1.4 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
Eastbound Edmonds St @ 18 St208 m
Westbound Edmonds St @ Salisbury Ave219 m
Edmonds Station @ Bay 2221 m
Northbound Griffiths Dr @ Southpoint Dr225 m
Edmonds Station @ Bay 6229 m

Nearby Places

Restaurants (5+)

  • Watt's For Lunch Cafe · 6911 Southpoint Drive327 m
  • B&D Viet Cuisine · 7090 Kingsway539 m
  • Twinkle Thai554 m
  • Anatolia's Gate · 7084 Kingsway555 m
  • Nao Sushi · 7060 Kingsway557 m

Cafes (4)

  • Starbucks569 m
  • Waves Coffee House · 101-7315 Edmonds Street645 m
  • Tealips Cafe · 7139 Arcola Way666 m
  • Macao Imperial Tea · 7337 Edmonds Street730 m

Grocery (5+)

  • Kim's Mart · 6837 Station Hill Drive367 m
  • Save-On-Foods · 7155 Kingsway595 m
  • Jumbo Super Market · 7119 Arcola Way669 m
  • Persia Food · 6791 Kingsway769 m
  • PriceSmart Foods · 7380 Edmonds Street775 m

Parks (5+)

  • Stride Avenue Ravine Park61 m
  • Poplar Park162 m
  • Powerhouse Park385 m
  • City in the Park · Station Hill Drive465 m
  • Unnamed504 m

Gyms (1)

  • Club 16 Fitness Club624 m

Pharmacies (2)

  • Shoppers Drug Mart587 m
  • Edmonds Pharmacy · 7315 Edmonds Street671 m

Banks & ATMs (5+)

  • CIBC522 m
  • Scotiabank · 7188 Kingsway524 m
  • TD574 m
  • BMO585 m
  • Unnamed589 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,200.00
Periodic payment — Principal & Interest (monthly)$3,607.77
Additional monthly expenses (strata, tax, utilities, etc.)$709.63
Total monthly cost$4,317.40
Interest paid over 5-yr term$160,268.33
Balance at end of term$503,002.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,029.80

Cash Needed at Closing

Minimum down payment$44,900
Estimated BC PTT$11,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,380

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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