Property Type: Condo / ApartmentOwnership: Strata

705 7225 ACORN AVENUE

Burnaby, BC V5E0A9

$629,990

2 bed2 bath2 parking830 sqftBuilt 2009
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$361/mo
Annual property tax
$1,989.85 (2025)

Interior

Heating
Electric
Fireplace
None

Parking

Total spaces
2

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®
R3152970
Listed
August 5, 2026
Time on market
On the market for 26 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Real Broker · Data source: CREA DDF.

Description

Welcome to AXIS! This rare southeast-facing corner unit offers 830 sq. ft. of bright and functional living space with 2 bedrooms, 2 bathrooms, and 2 parking stalls. Thoughtfully designed with minimal wasted space. well maintained strata with low maintenance fees. It has large windows that fill the space with lots of natural light. The spacious primary ensuite includes both a relaxing soaker tub and a separate walk-in shower for added comfort. Located in the heart of Highgate, you'll enjoy unbeatable convenience just steps from Highgate Village Shopping Centre, Save-On-Foods, the library, schools, restaurants, cafés, parks, and community amenities. Edmonds SkyTrain Station is approximately a 9-minute walk away. Great for first time home buyers or investors. (id:63159)

Values & Trends

This listing

$759/sqft

Building average

$779/sqft

1 active listing(s)

Burnaby average

$865/sqft

1019 active listing(s)

Parking: 2 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
Stride Avenue Community ElementaryElementary801 m
St. Francis de Sales(Independent)Elementary805 m
Morley ElementaryElementary968 m
Brantford ElementaryElementary1.0 km
Byrne Creek Community SecondarySecondary1.2 km
Taylor Park ElementaryElementary1.2 km
Edmonds Community ElementaryElementary1.2 km
Windsor ElementaryElementary1.3 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 Kingsway @ Salisbury Ave72 m
Northbound Salisbury Ave @ Kingsway122 m
Westbound Kingsway @ Salisbury Ave135 m
Southbound Salisbury Ave @ Arcola St145 m
Eastbound Kingsway @ Hall Ave213 m

Nearby Places

Restaurants (5+)

  • Cora86 m
  • Mr. Greek Donair Shop · 7155 Kingsway91 m
  • Fresh Box Sushi108 m
  • B&D Viet Cuisine · 7090 Kingsway116 m
  • Rice & Noodle · 7155 Kingsway127 m

Cafes (5+)

  • Starbucks60 m
  • Tealips Cafe · 7139 Arcola Way158 m
  • Waves Coffee House · 101-7315 Edmonds Street333 m
  • Macao Imperial Tea · 7337 Edmonds Street418 m
  • Mostafa Coffee House · 7411 Edmonds Street614 m

Grocery (5+)

  • Save-On-Foods · 7155 Kingsway92 m
  • Jumbo Super Market · 7119 Arcola Way164 m
  • Grand Food Mart · 7351 Edmonds Street468 m
  • PriceSmart Foods · 7380 Edmonds Street484 m
  • Persia Food · 6791 Kingsway494 m

Parks (5+)

  • Unnamed193 m
  • Powerhouse Park348 m
  • Poplar Park355 m
  • Stride Avenue Ravine Park478 m
  • Sample's Pathway486 m

Gyms (2)

  • Club 16 Fitness Club131 m
  • Weight/Cardio Room651 m

Pharmacies (2)

  • Shoppers Drug Mart83 m
  • Edmonds Pharmacy · 7315 Edmonds Street357 m

Banks & ATMs (5+)

  • CIBC17 m
  • Scotiabank · 7188 Kingsway58 m
  • TD94 m
  • BMO128 m
  • Unnamed150 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Other Listings in This Building

Other units currently listed in the same building. 705 7225 ACORN AVENUE

View building profile →
Built 2009

Mortgage & Ownership Cost Calculator

Minimum required: 6.0% ($37,999) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$503,992.00
Periodic payment — Principal & Interest (monthly)$3,251.59
Additional monthly expenses (strata, tax, utilities, etc.)$568.37
Total monthly cost$3,819.96
Interest paid over 5-yr term$144,445.56
Balance at end of term$453,342.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$37,999
Stress test qualifying rate8.09%
Payment you must qualify for$4,552.20

Cash Needed at Closing

Minimum down payment$37,999
Estimated BC PTT$10,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$50,099

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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