Property Type: Detached HouseOwnership: Freehold

7209 ELWELL STREET

Burnaby, BC V5E1K7

$1,749,000

5 bed3 bath2 parking2,060 sqftBuilt 1949
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Property Details

Property & Lot

Sub-type
House
Lot size
6,600 square feet
Frontage
55 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,137.18 (2025)

Interior

Basement
Finished, Unknown, Unknown
Heating
Forced air
Fireplace
None

Parking

Total spaces
2

Listing Information

MLS®
R3152381
Listed
August 4, 2026
Time on market
On the market for 27 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

A well maintained family home on a 6,600 square ft lot with lane access, close to parks, schools, Highgate Village, Edmonds Community Centre, shops, restaurants and SkyTrain. Many important repairs and improvements have been completed over the past five years, including a new roof in 2025, two stage furnace in 2021 and upgraded drainage in 2020 & EV Charger. The basement suite provides flexible space for extended family or potential rental income. A comfortable home with a large lot, practical updates and a convenient Burnaby location. Open house, Sunday, August 23rd, 2pm-4pm! Book your showing today! (id:63159)

Values & Trends

This listing

$849/sqft

Building average

No other active listings in this building

Burnaby average

$826/sqft

466 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.

Detached (House) Market Stats — Burnaby

Monthly figures from the Fraser Valley Real Estate Board for Burnaby detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,863,900

Jul 2026

Average Sale Price

$1,987,969

Jul 2026

Monthly Sales

49

Jul 2026

Active Listings

463

Jul 2026

Sales-to-Active Ratio

11.0%

Jul 2026

Median Days to Contract

37 days

Jul 2026

MLS® HPI Benchmark Price

$2,170,100
$1,800,300
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

56

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 ElementaryElementary632 m
St. Francis de Sales(Independent)Elementary883 m
Brantford ElementaryElementary916 m
Edmonds Community ElementaryElementary1.1 km
Stride Avenue Community ElementaryElementary1.2 km
Lakeview ElementaryElementary1.2 km
Buckingham ElementaryElementary1.3 km
Windsor ElementaryElementary1.4 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 St203 m
Northbound Salisbury Ave @ McBride St211 m
Southbound Salisbury Ave @ Imperial St281 m
Southbound Salisbury Ave @ Arcola St331 m
Northbound Salisbury Ave @ Kingsway339 m

Nearby Places

Restaurants (5+)

  • Me-n-Ed's · 7229 Kingsway261 m
  • Fresh Box Sushi281 m
  • Rice & Noodle · 7155 Kingsway294 m
  • Mr. Greek Donair Shop · 7155 Kingsway299 m
  • Cora315 m

Cafes (5+)

  • Tealips Cafe · 7139 Arcola Way244 m
  • Starbucks331 m
  • Waves Coffee House · 101-7315 Edmonds Street397 m
  • Macao Imperial Tea · 7337 Edmonds Street410 m
  • Mostafa Coffee House · 7411 Edmonds Street491 m

Grocery (5+)

  • Jumbo Super Market · 7119 Arcola Way257 m
  • Save-On-Foods · 7155 Kingsway318 m
  • Grand Food Mart · 7351 Edmonds Street421 m
  • PriceSmart Foods · 7380 Edmonds Street456 m
  • Persia Food · 6791 Kingsway652 m

Parks (5+)

  • Unnamed200 m
  • Edmonds Park377 m
  • Powerhouse Park701 m
  • Poplar Park725 m
  • Malvern Park757 m

Gyms (2)

  • Club 16 Fitness Club261 m
  • Weight/Cardio Room510 m

Pharmacies (3)

  • Shoppers Drug Mart302 m
  • Edmonds Pharmacy · 7315 Edmonds Street397 m
  • Apoteka Pharmacy · 7487 Edmonds Street673 m

Banks & ATMs (5+)

  • RBC · 7297 Kingsway340 m
  • TD356 m
  • Scotiabank · 7188 Kingsway362 m
  • CIBC369 m
  • BMO372 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($349,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,399,200.00
Periodic payment — Principal & Interest (monthly)$9,027.16
Additional monthly expenses (strata, tax, utilities, etc.)$614.43
Total monthly cost$9,641.60
Interest paid over 5-yr term$401,014.74
Balance at end of term$1,258,584.93

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$349,800
Stress test qualifying rate8.09%
Payment you must qualify for$10,759.36

Cash Needed at Closing

Minimum down payment$349,800
Estimated BC PTT$32,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$384,280

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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