705 7225 Acorn Ave, Burnaby BC V5E 0A9 – Condo for Sale – MLS® R3152970

705 7225 Acorn Avenue, Burnaby, British Columbia V5E 0A9

97 days on the market
$499,000
Est. monthly cost $2,538/mo
Updated with MLS® -
Axis
2 Beds
2 Baths
830 sqft
601 $ /sqft
360.55 $ Maint. fee
2009 built
20.8% price reduction 21.3% cheaper than comps
97 days on the market
$499,000
$629,990
Est. $2,538/mo with 20% down
Updated with MLS® -

Property Details for 705 7225 Acorn Avenue

20.8% price reduction 21.3% cheaper than comps

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.

Building Details

Price $499,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 830
Year Built 2009
Age Of Building 17
Building Type Apartment/Condo
Unit Style Corner unit
Property Type Residential
Stories 1
Building Amenities Clubhouse, Exercise Centre, Caretaker, Trash, Hot Water, Management, Recreation Facilities, Snow Removal
Building Name Axis
Ownership Type Freehold Strata
Maintenance Fee $360.55
Amenities Nearby Clubhouse, Exercise Centre, Caretaker, Trash, Hot Water, Management, Recreation Facilities, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Under Building
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Number Limit (Two), Yes With Restrictions
Units In Development 102

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Elevator
Heating Type Electric
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Playground, Balcony
Roof Torch-On
Structures Multi Family, Residential Attached

Lot & Land

MLS® # R3152970
Area Burnaby South
Neighbourhood Highgate
City Burnaby
Postal Code V5E 0A9
Gross Taxes $1,989.85
Zoning RM5

Property Timeline

Status Date Price
R3152970 / Active 08-05-2026 $499,000
Rooms
Floor Type Dimensions
Main Level Primary Bedroom 11'11 x 11'11 ft
Main Level Bedroom 8'8 x 8'8 ft
Main Level Kitchen 9'0 x 9'0 ft
Main Level Living Room 12'9 x 12'9 ft
Main Level Dining Room 13'7 x 13'7 ft
Main Level Foyer 8'9 x 8'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #3

Listed by: Real Broker

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.

About the building: Axis

7225 Acorn Avenue, Highgate, Burnaby

Axis building details

Building

Built
2009
Homes
102 in 15 storeys
Construction
Concrete Frame, Concrete
Title
Freehold Strata
Strata plan
BCS3378
Managed by
AA Property Management
Parking
Garage: Underground, Garage Underbuilding
Lockers
Limited
Strata fee covers
Recreation FacilityManagementHot WaterGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Axis

For sale
2
Median ask
$554K
Median $/sqft
$665
Days on market
67
Sold, past year
2
This home

$601/sqft, 9.6% below the building median of $665.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 0.72 km · crime below average · sell-speed score 73/100 (likely within weeks) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (42 nearby)

  • Subway · 76 m · Fast Food
  • Cora · 86 m · Restaurant
  • Mr. greek donair shop · 91 m · Restaurant

Shopping (34 nearby)

  • Cibc · 17 m · Bank
  • Scotiabank · 57 m · Bank
  • Shoppers drug mart · 83 m · Pharmacy

Groceries (15 nearby)

  • Save-on-foods · 92 m · Supermarket
  • Bc liquor store · 118 m · Beverages
  • Jumbo super market · 165 m · Supermarket

Cafes (8 nearby)

  • Starbucks · 60 m · Cafe
  • Tealips cafe · 158 m · Cafe
  • Waves coffee house · 332 m · Cafe

Healthcare (3 nearby)

  • Shoppers drug mart · 83 m · Healthcare
  • Edmonds pharmacy · 356 m · Healthcare
  • Apoteka pharmacy · 862 m · Healthcare

Transit (2 nearby)

  • Skytrain @ edmonds stn station · 720 m · Transit
  • Bus stop eastbound 14 ave @ kingsway · 980 m · Transit

Gyms (1 nearby)

  • Fred randall pool · 644 m · Gym

Public Schools

Elementary
Taylor Park Elementary School
Above Average 1.23 km 7.7/10

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 0.77 km 8.7/10
Secondary
St. Thomas More Collegiate
Above Average 1.37 km 8.3/10

Closest Transit

Bus Stop
Eastbound Kingsway @ Salisbury Ave
0.07 km
Skytrain
Skytrain @ Edmonds Stn
0.72 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

73 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $633,697
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.72 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
97 DOM
Slower than area
Highgate avg
50 DOM
Average
Burnaby avg
50 DOM
Faster market

705 7225 Acorn Avenue has a sell-speed score of 73/100, placing it in the "Expected to sell within weeks" band. The listing is priced 21.3% below comparable active properties in Highgate, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 16% and an area average of 50 days on market — conditions are balanced. With 470 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V5E 0A9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5E 0A9, 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. Nearest station: Burnaby South, Burnaby (~2.2 km). Annual avg AQHI 2.2 — Low Risk.

Heat Moderate

Burnaby currently sees ~1 day 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.

Schools NearBy

23 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

St. Francis de Sales

Independent

Grades Served

K-7

Catchment Info

—
8.7 / 10

Distance

771 m

Morley Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.4 / 10

Distance

938 m

Brantford Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

1.07 KM

Taylor Park Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.7 / 10

Distance

1.23 KM

St. Thomas More Collegiate

Independent

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

1.37 KM

Windsor Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.5 / 10

Distance

1.39 KM

Lakeview Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

1.54 KM

Twelfth Avenue Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.9 / 10

Distance

1.60 KM

Buckingham Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

1.67 KM

Lord Tweedsmuir Elementary

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

1.69 KM

Connaught Heights Elementary

Public

Grades Served

—

Catchment Info

—
6.9 / 10

Distance

1.71 KM

Clinton Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

1.72 KM

New Westminster Secondary School

Public

Grades Served

9-12

Catchment Info

—
6.7 / 10

Distance

2.01 KM

Lord Kelvin Elementary School

Public

Grades Served

K-5

Catchment Info

—
5.7 / 10

Distance

2.04 KM

Burnaby South Secondary

Public

Grades Served

—

Catchment Info

—
5.2 / 10

Distance

2.08 KM

New Westminster Continuing Education

Public

Grades Served

—

Catchment Info

—
6.7 / 10

Distance

2.08 KM

Sigma

Public

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

2.09 KM

Glenwood Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.4 / 10

Distance

2.12 KM

Our Lady of Mercy

Independent

Grades Served

—

Catchment Info

—
10.0 / 10

Distance

2.35 KM

John Knox Christian - Elementary Campus

Independent

Grades Served

—

Catchment Info

—
9.3 / 10

Distance

2.74 KM

Nelson Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

2.83 KM

John Knox Christian - Secondary Campus

Independent

Grades Served

—

Catchment Info

—
9.2 / 10

Distance

2.84 KM

Burnaby Youth Hub Secondary Program

Public

Grades Served

—

Catchment Info

—
2.7 / 10

Distance

2.97 KM

Pre-computed routes from 705 7225 Acorn Ave, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Edmonds → Waterfront
    35 min
  • Metrotown, Burnaby via Edmonds → Metrotown
    17 min
  • SFU Burnaby via Edmonds → Production Way
    27 min
  • Richmond Centre via Edmonds → Brighouse
    60 min
  • YVR Airport via Edmonds → YVR-Airport
    61 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
    6 min
  • Richmond Centre via No. 3 Rd
    17 min
  • YVR Airport via Bridgeport / Sea Island
    20 min

Calculate your commute

705 7225 Acorn Ave, Burnaby, BC is ideally located for commuters. The property is 0.7 km from Edmonds, with a 35 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Kingsway @ Salisbury Ave (0.07 km). Walk Score Transit rating: Excellent Transit (78/100).

Walkability & Transit Near 705 7225 Acorn Avenue

Walk Score Badge
Very Walkable 87

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Excellent Transit 78

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Very Bikeable 76

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $2,538/month · rent estimate $2,015/month · owning nets $19/month less than renting · cash flow if rented −$682/month

Mortgage Calculator for 705 7225 Acorn Avenue

30-year fixed
$2,538 /month
Principal & Interest $2,011
Property Taxes $166
Maintenance fee $361

The estimated monthly cost of 705 7225 Acorn Avenue, Burnaby is $2,538: $2,011 principal and interest with 20% down over 30 years at 4.45%, plus $166 property tax and $361 strata fee.

or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$682 /month
Mortgage Payment $2,011
Monthly Cash Flow −$682
Break Even Down Payment 48%
Cap Rate -1.6%
Cash on Cash -8.2%

If 705 7225 Acorn Avenue, Burnaby were rented at $2,015 a month with 5% vacancy, it would fall $682 a month short of the mortgage and carrying costs; about 48% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 705 7225 Acorn Avenue, Burnaby

$2,015 / month
Rent $2,015
Own $2,538
Principal: $647/mo Interest, tax, insurance, fees: $1,891/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$541/mo (year 1) → ~$1,259/mo (year 20) → ~$1,878/mo (year 29).

Net cost to own at year 5 ~$1,891/mo About $124/mo less than renting

EstateBlock estimates 705 7225 Acorn Avenue, Burnaby would rent for about $2,015 a month.

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Rent vs own: 705 7225 Acorn Avenue

Rent vs own

Owning nets $19/mo less than renting

With 20% down ($99,800) at 4.45%: $1,996/mo net cost to own in year 1 vs $2,015/mo rent

Principal paid off by year 5 $35,574
Principal paid off by year 10 $79,995

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Owning 705 7225 Acorn Avenue, Burnaby nets about $19 a month less than renting it in year 1, with $35,574 of principal paid off by year 5 and $79,995 by year 10.

Price vs Neighbourhood Average — Highgate, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $499,000
Burnaby Loading...
Highgate Loading...

Based on 33 comparable active apartments/condos in Highgate, the average asking price is $633,697. This listing is priced 21.3% below the neighbourhood average. This property is flagged as a Hot Deal (20.8% price reduction, 21.3% cheaper than comparables) based on its competitive pricing and market demand.

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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 705 7225 Acorn Avenue

Walk Score Badge
Very Walkable 87

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Excellent Transit 78

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Very Bikeable 76

Bike Score - Very Bikeable

Biking is convenient for most trips

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