508 7325 Arcola St, Burnaby BC - Apartment/Condo for Sale - MLS# R3115588

$739,000
Est. Mortgage $3,269/mo
Esprit 2
2 Beds
2 Baths
960 sqft
770 $ /sqft
551.44 $ Maint. fee
2009 built
$739,000
Est. $3,269/mo with 20% down
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

Photos

Property Details for 508 7325 Arcola Street

Beautiful 2 bed, 2 bath NW corner unit at Esprit 2 by Bosa (2008)! Featuring newer laminate flooring throughout and a functional open layout, this home offers a bright living space with a gas stove and great flow. The spacious primary bedroom includes ample closet space. Step outside to an incredible 451 sq ft patio—perfect for entertaining or relaxing. Located in the heart of Highgate, steps to Burnaby Public Library and Waves Coffee, and a short walk to Highgate Village with Save-On-Foods, Shoppers Drug Mart, restaurants, shops and more. Walking distance to Edmonds Community Centre, PriceSmart Foods, and under 10 minutes transit to Edmonds SkyTrain. School Catchment: Morley Elementary & Byrne Creek Secondary. FRENCH: Brantford Elem, Armstrong Elem & Cariboo Hill Sec.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
View Description VIEW
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $739,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 960
Year Built 2009
Age Of Building 17
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Building Name Esprit 2
Ownership Type Freehold Strata
Maintenance Fee $551.44
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Utility Type Community
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Underground
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Rental Suites None
Units In Development 149

Lot & Land

MLS® # R3115588
Area Burnaby South
Neighbourhood Highgate
City Burnaby
Postal Code V5E 0A8
Gross Taxes $2,297.63
Zoning RM5

Property Timeline

Status Date Price
R3115588 / Active 04-24-2026 $739,000
Rooms
Floor Type Dimensions
Main Level Living Room 11'4 x 11'4 ft
Main Level Dining Room 11'4 x 11'4 ft
Main Level Kitchen 8'7 x 8'7 ft
Main Level Foyer 7' x 7' ft
Main Level Primary Bedroom 12'3 x 12'3 ft
Main Level Bedroom 9'11 x 9'11 ft
Main Level Patio 22'9 x 22'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #4

Listed by: RE/MAX Crest Realty

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.

Map & Neighbourhood

Public Schools

Secondary
Byrne Creek Community School
1.33 km
Elementary
Morley Elementary School
0.83 km

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
Above Average
0.9 km
9/10
Secondary
St.Thomas More Collegiate
1.23 km

Closest Transit

Bus Stop
Westbound Kingsway @ Walker Ave
0.13 km
Skytrain
Skytrain @ Edmonds Stn
0.92 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average
32.1%
No Certificate/Degree
Average
14.7%
Owner Occupied
Below Average
59.7%
Employment Rate
Average
57.8%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

41 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $628,889
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.92 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How HIGHGATE compares
This property
77 DOM
Listed
Highgate avg
Burnaby avg

508 7325 Arcola Street has a sell-speed score of 41/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 14.9% above comparable active properties in Highgate. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V5E 0A8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5E 0A8, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.4 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Burnaby South, Burnaby (~2.3 km). Annual avg AQHI 2.2 — Low Risk.

Heat Moderate

Burnaby currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~7 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.4 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1393 mm (1981–2010 baseline), projected ~1445 mm by the 2050s. Extreme 1-day rainfall: ~47.8 mm baseline, ~53.3 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~24 days baseline, ~25 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 508 7325 Arcola Street

Pre-computed routes from 508 7325 Arcola St, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Edmonds → Waterfront
    37 min
  • Metrotown, Burnaby via Edmonds → Metrotown
    19 min
  • SFU Burnaby via Edmonds → Production Way
    29 min
  • Richmond Centre via Edmonds → Brighouse
    62 min
  • YVR Airport via Edmonds → YVR-Airport
    63 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    16 min
  • Metrotown, Burnaby via Lougheed Hwy
    4 min
  • SFU Burnaby via Gaglardi Way
    5 min
  • Richmond Centre via No. 3 Rd
    17 min
  • YVR Airport via Bridgeport / Sea Island
    20 min

Calculate your commute

508 7325 Arcola St, Burnaby, BC is ideally located for commuters. The property is 0.9 km from Edmonds, with a 37 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Kingsway @ Walker Ave (0.13 km). Walk Score Transit rating: Excellent Transit (74/100).

Walkability & Transit Near 508 7325 Arcola Street

Walk Score Badge
Car-Dependent 87

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 74

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
80

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 508 7325 Arcola Street

/month
Principal & Interest
Property Taxes $191
Maintenance fee 551.44
A 20% down payment of $147,800 on this $739,000 listing yields an estimated mortgage of $2,822/month (30-year fixed, 4%). Total estimated housing cost: $3,564/month, $191 property tax, $551 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $2,623/month in estimated rental income against $3,624/month in mortgage payments, the monthly cashflow is -$1,001/month. A 49% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Highgate, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $739,000
Burnaby Loading...
Highgate Loading...

Based on 45 comparable active apartments/condos in Highgate, the average asking price is $674,059. This listing is priced 9.6% above the neighbourhood average.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 508 7325 Arcola Street

Walk Score Badge
Car-Dependent 87

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 74

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
80

Bike Score - Very Bikeable

Biking is convenient for most trips

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