Property Type: Condo / ApartmentOwnership: Strata

408 7138 COLLIER STREET

Burnaby, BC V5E0A2

$849,000

2 bed2 bath1 parking1,255 sqftBuilt 2005
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$737/mo
Annual property tax
$2,642.96 (2025)

Interior

Heating
Baseboard heaters
Fireplace
None
Appliances
All

Exterior & Lot

View
View
Lot features
Central location, Elevator

Building

Parcel ID (PID)
026-403-773

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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®
R3131322
Listed
June 2, 2026
Time on market
On the market for 90 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: One Percent Realty Ltd. · Data source: CREA DDF.

Description

Welcome to this meticulously maintained 1,255 sq. ft. home in a quality Bosa-built concrete community. Offering 2 spacious bedrooms + a X-lrg den (easily suitable as a 3rd bedroom), this bright south-facing residence overlooks peaceful greenspace & feat a generous covered balcony to enjoy the view. Recent upgrades incl brand new vinyl plank flooring, baseboards, fresh paint, & contemporary light fixtures. The well-appointed kitchen boasts granite countertops & stainless steel appliances incl a gas cooktop. Ideally located steps to Save-On-Foods, Shoppers, Starbucks, Club16, shops, restaurants, parks, library, & Edmonds Community Centre. Easy walk to Edmonds SkyTrain w/excellent transit along Kingsway. School catchments: Morley Elemen & Brantford Elemen. Open House Saturday Aug 30th -2-4pm (id:63159)

Values & Trends

This listing

$676/sqft

Building average

$674/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

74

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 ElementaryElementary710 m
St. Francis de Sales(Independent)Elementary778 m
Brantford ElementaryElementary884 m
Stride Avenue Community ElementaryElementary1.1 km
Edmonds Community ElementaryElementary1.2 km
Windsor ElementaryElementary1.3 km
Lakeview ElementaryElementary1.3 km
Byrne Creek Community 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
Southbound Salisbury Ave @ Elwell St114 m
Southbound Salisbury Ave @ Arcola St188 m
Northbound Salisbury Ave @ Kingsway197 m
Northbound Salisbury Ave @ McBride St233 m
Eastbound Kingsway @ Salisbury Ave242 m

Nearby Places

Restaurants (5+)

  • Fresh Box Sushi154 m
  • Rice & Noodle · 7155 Kingsway154 m
  • Mr. Greek Donair Shop · 7155 Kingsway172 m
  • Me-n-Ed's · 7229 Kingsway193 m
  • Cora212 m

Cafes (5+)

  • Tealips Cafe · 7139 Arcola Way108 m
  • Starbucks204 m
  • Waves Coffee House · 101-7315 Edmonds Street389 m
  • Macao Imperial Tea · 7337 Edmonds Street433 m
  • Mostafa Coffee House · 7411 Edmonds Street566 m

Grocery (5+)

  • Jumbo Super Market · 7119 Arcola Way116 m
  • Save-On-Foods · 7155 Kingsway183 m
  • Grand Food Mart · 7351 Edmonds Street461 m
  • PriceSmart Foods · 7380 Edmonds Street492 m
  • Persia Food · 6791 Kingsway523 m

Parks (5+)

  • Unnamed70 m
  • Edmonds Park489 m
  • Powerhouse Park560 m
  • Poplar Park616 m
  • Unnamed646 m

Gyms (2)

  • Club 16 Fitness Club164 m
  • Weight/Cardio Room592 m

Pharmacies (3)

  • Shoppers Drug Mart187 m
  • Edmonds Pharmacy · 7315 Edmonds Street399 m
  • Apoteka Pharmacy · 7487 Edmonds Street777 m

Banks & ATMs (5+)

  • TD217 m
  • BMO229 m
  • Unnamed244 m
  • CIBC249 m
  • Scotiabank · 7188 Kingsway256 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.)$1,019.92
Total monthly cost$5,401.88
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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