1003 7325 Arcola St, Burnaby, BC, MLS® R3032978

$715,000
Est. Mortgage /mo

$715,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
2 Baths
1 Stories
$ 428.99 Maint. Fee
849 sqft
2009 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1003 7325 Arcola St, Burnaby, BC | MLS® R3032978 Property Details

ESPRIT 2 by reputable builder-BOSA. CORNER 2 BDRM/2 BATH AT POPULAR HIGHGATE VILLAGE. Designed with sophistication, it features high-end finishes throughout, including a functional layout, gourmet kitchen with premium stainless steel appliances, granite countertops, under mount sinks & modern cabinetry. Both bedrooms are generously sized & the unit includes two full baths & a large private balcony. Newly painted. Almost $600K CRF. Amenities: Gated garden, gym, sauna, steam room, library, party room & bike storage. One parking & one locker. Convenient location by civic library, Edmonds Comm.Centre, Highgate Village shopping & restaurants, mins to Edmonds Skytrain, Metrotown, close to BCIT & SFU & HWYl Open House: Sat & Sun Aug 9/10, both at 1:30-3:30pm.

General Info

Price $715,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 849
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2009
Age Of Building 16
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Exercise Centre, Sauna/Steam Room, Caretaker, Maintenance Grounds, Gas, Hot Water, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R3032978
Area Burnaby South
Neighbourhood Highgate
City Burnaby
Gross Taxes $2,030.93
Ownership Type Freehold Strata
Maintenance Fee $428.99
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Sauna/Steam Room, Caretaker, Maintenance Grounds, Gas, Hot Water, Management

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Asphalt
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning CD
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed
Foundation Block, Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description Mountain and City
Units In Development -
Exterior Features Balcony
Sewer Public Sewer

Property History

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Status Date Price
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Listed by: Nu Stream Realty Inc.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
Byrne Creek Community School
1.3 km
No Rating
Elementary
Morley Elementary School
0.89 km
No Rating

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Francis de Sales
1.03 km
Rating 9/10
Secondary
St.Thomas More Collegiate
1.1 km
No Rating

Closest Transit

Translink
Westbound Kingsway @ Walker Ave
0.13 km

Welcome to this fantastic home at 1003 7325 Arcola Street, Burnaby, BC, MLS® R3032978. As we step inside, you'll notice the excellent location and the abundance of amenities that this property has to offer.

Let's start with the schools. Morley Elementary School, located just 0.89 km away, is a great option for families. This school has a rating of No Rating, but it's a great starting point for children to learn and grow. Additionally, Byrne Creek Community School is nearby, situated 1.3 km from this home, also with a rating of No Rating.

If you're looking for alternative school options, you'll be pleased to know that St. Francis de Sales, an Elementary independent school, is just 1.03 km from this home. With a rating of 9/10, it's an excellent choice for families who value a high-quality education. For Secondary independent school options, St. Thomas More Collegiate is just 1.1 km away, although it currently has no rating.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighbourhood has a crime rate of 6,145.56, which is considered Below Average compared to other Canadian cities. This indicates a peaceful and secure environment for you and your loved ones. Specifically, the drug crime rate is also Below Average, with a rating of 126.78, and there were 327 illegal substances lawbreaking disturbances in this city in 2020.

When it comes to property crimes, the neighbourhood is considered Average, with a property misconduct rating of 3,691.76, and 9,522 incidents in 2020. However, the violent crime rate is Low, with 893.28 incidents in 2020, making it a safe and secure area to live.

Now, let's explore the lifestyle amenities available in this neighbourhood. The closest Bus station is Westbound Kingsway @ Walker Ave, just 0.13 km away from this listing with MLS® R3032978. You'll have easy access to public transportation, making it convenient to get around the city.

In terms of demographics, this neighbourhood is home to a diverse range of residents. With 26.8% of the population holding a university certificate or degree, it's Above Average compared to other BC neighbourhoods. Additionally, 62.9% of households in this area have a mortgage, making it an attractive option for homebuyers.

The median household income in this neighbourhood is $38,891, which is considered Low compared to the British Columbia average. However, the median personal income is $20,599, also Low compared to the BC average. Unemployment rates in this area are Average, at 8%, and the population change between 2011 and 2016 was 0.7%, which is Average in comparison to the region.

As we explore the community, you'll notice a mix of family sizes and lifestyles. The average size of families in this area is 2.9, which is Average compared to the whole region. However, 62.1% of families in this area have children, making it an excellent choice for families. The average age of the population is 45.6, which is Above Average in comparison to other BC cities.

In terms of real estate, the average value of dwellings in this neighbourhood is $963,277, which is High compared to other areas in British Columbia. The average owner payments are also High, at $1,576, while tenants are paying $872, which is Below Average.

Lastly, let's talk about transportation. With 61.4% of the population in this area being renters, it's a popular choice for those who value flexibility. The percentage of English and French speakers is Low, at 3.9%, and the percentage of English speakers only is Below Average, at 85.9%. However, 33.3% of the population in this area uses Public Transport, which is High.

As you can see, this home at 1003 7325 Arcola Street, Burnaby, BC, MLS® R3032978, offers an excellent combination of location, amenities, and lifestyle. Whether you're a family or an individual, this property has something to offer. So why not schedule a viewing today and experience it for yourself?

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $715,000
Burnaby $694,750
Highgate $687,093
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
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