98 7388 Macpherson Ave, Burnaby BC V5J 0A1 – Condo for Sale – MLS® R3182148

98 7388 Macpherson Avenue, Burnaby, British Columbia V5J 0A1

3 days on the market
$458,000
Est. monthly cost $2,204/mo
Updated with MLS® -
Acacia Gardens
1 Beds
1 Baths
596 sqft
768 $ /sqft
221.87 $ Maint. fee
2006 built
NEW
3 days on the market
$458,000
Est. $2,204/mo with 20% down
Updated with MLS® -

Property Details for 98 7388 Macpherson Avenue

3rd floor East-facing 1bed 1 bathroom apartment unit in popular complex Acadia Gardens built in 2006,in south Burnaby. Steps away Royal Oak Skytrain and Burnaby South Secondary School.5-10 min driving to Metrotown.Features:granite countertops, dark engineered laminate floors, natural stone tiles in the entrance way,fireplace,ensuite laundry,patio facing east for BBQ's or morning coffee in the sunshine; Stainless Steel appliances including Gas Range with built-in oven,fridge, dishwasher.9ft ceilings,open layout without waist of area,integrating the Kitchen,Dining & Living room.Proactive strata with low monthly maintenance fees.Pets and rentals allowed. Amenities incl.gym,playground,bike storage,lush courtyard,car wash bays. Ideal for first-time buyers, young families, and downsizers.

Building Details

Price $458,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 596
Year Built 2006
Age Of Building 20
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities
Building Name Acacia Gardens
Ownership Type Freehold Strata
Maintenance Fee $221.87
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Guest, Front Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Suites None
Units In Development 169

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 Laminate, Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Playground, Balcony
Roof Asphalt
Structures Multi Family, Residential Attached

Lot & Land

Lot Size Depth Feet
MLS® # R3182148
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5J 0A1
Gross Taxes $1,626.68
Zoning CD

Property Timeline

Status Date Price
R3182148 / Active 11-05-2026 $458,000
Rooms
Floor Type Dimensions
Main Level Living Room 11' x 11' ft
Main Level Dining Room 9' x 9' ft
Main Level Kitchen 11'9 x 11'9 ft
Main Level Bedroom 12'4 x 12'4 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Royal Regal Realty Ltd.

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: Acacia Gardens

7388 Macpherson Avenue, Metrotown, Burnaby

Acacia Gardens building details

Building

Built
2006
Homes
169 in 3 storeys
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
BCS1997
Managed by
Associa
Parking
Garage: Underground
Lockers
Limited
Strata fee covers
Recreation FacilityManagementGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Acacia Gardens

For sale
5
Median ask
$700K
Median $/sqft
$720
Days on market
45
Sold, past year
4
This home

$768/sqft, 6.7% above the building median of $720.

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

Map, sell speed & climate

SkyTrain 0.56 km · crime below average · sell-speed score 58/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (40 nearby)

  • Gaya korean restaurant · 448 m · Restaurant
  • Makoto sushi · 454 m · Restaurant
  • Quik bite · 455 m · Restaurant

Shopping (29 nearby)

  • Savva atelier · 410 m · Clothes
  • Creative hair design · 444 m · Hairdresser
  • Mj's barber shop · 460 m · Hairdresser

Cafes (15 nearby)

  • Single v coffee · 436 m · Cafe
  • Adam's crepes · 448 m · Cafe
  • It's tea · 451 m · Cafe

Groceries (12 nearby)

  • Zorba's bakery & foods · 397 m · Bakery
  • Smart n save grocery & cafe · 483 m · Supermarket
  • Buy-low foods · 562 m · Supermarket

Healthcare (2 nearby)

  • South slope pharmacy · 472 m · Healthcare
  • Imperial remedy's rx pharmacy · 675 m · Healthcare

Transit (2 nearby)

  • Skytrain @ royal oak stn station · 560 m · Transit
  • Bus stop westbound kingsway @ arcola st · 1000 m · Transit

Public Schools

Elementary
Clinton Elementary School
Above Average 0.56 km 7.3/10

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 1.21 km 8.7/10
Secondary
St. Thomas More Collegiate
Above Average 3.24 km 8.3/10

Closest Transit

Bus Stop
Northbound Antrim Ave @ Victory St
0.28 km
Skytrain
Skytrain @ Royal Oak Stn
0.56 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 33.4%
No Certificate/Degree
Below Average 11.9%
Owner Occupied
Average 62.1%
Employment Rate
Above Average 67.9%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

58 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $488,189
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.56 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How METROTOWN compares
This property
3 DOM
Very fast
Metrotown avg
50 DOM
Average
Burnaby avg
50 DOM
Slower market

98 7388 Macpherson Avenue has a sell-speed score of 58/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.2% below comparable active properties in Metrotown, 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 may take several weeks to attract serious offers.

Climate Risk for V5J 0A1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5J 0A1, 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 (~0.3 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

19 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Burnaby South Secondary

Public

Grades Served

—

Catchment Info

—
5.2 / 10

Distance

174 m

Clinton Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.3 / 10

Distance

562 m

Windsor Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.5 / 10

Distance

768 m

Nelson Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

925 m

Burnaby Youth Hub Secondary Program

Public

Grades Served

—

Catchment Info

—
2.7 / 10

Distance

1.17 KM

St. Francis de Sales

Independent

Grades Served

K-7

Catchment Info

—
8.7 / 10

Distance

1.21 KM

Glenwood Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.4 / 10

Distance

1.22 KM

Brantford Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

1.40 KM

BC Provincial School For The Deaf Elementary

Public

Grades Served

—

Catchment Info

—
6.2 / 10

Distance

1.55 KM

South Slope Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

1.59 KM

Taylor Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

1.96 KM

Morley Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.4 / 10

Distance

2.06 KM

Our Lady of Mercy

Independent

Grades Served

—

Catchment Info

—
10.0 / 10

Distance

2.41 KM

Chaffey-Burke Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

2.53 KM

Connaught Heights Elementary

Public

Grades Served

—

Catchment Info

—
6.9 / 10

Distance

2.54 KM

Suncrest Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

2.61 KM

Buckingham Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

2.68 KM

Gilpin Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

2.96 KM

Burnaby Central Secondary

Public

Grades Served

—

Catchment Info

—
6.6 / 10

Distance

2.99 KM

Pre-computed routes from 98 7388 Macpherson Ave, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Royal Oak → Waterfront
    30 min
  • Metrotown, Burnaby via Royal Oak → Metrotown
    12 min
  • SFU Burnaby via Royal Oak → Production Way
    28 min
  • Richmond Centre via Royal Oak → Brighouse
    55 min
  • YVR Airport via Royal Oak → YVR-Airport
    56 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    14 min
  • Metrotown, Burnaby via Lougheed Hwy
    2 min
  • SFU Burnaby via Gaglardi Way
    7 min
  • Richmond Centre via No. 3 Rd
    15 min
  • YVR Airport via Bridgeport / Sea Island
    17 min

Calculate your commute

98 7388 Macpherson Ave, Burnaby, BC is ideally located for commuters. The property is 0.6 km from Royal Oak, with a 30 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Antrim Ave @ Victory St (0.28 km). Walk Score Transit rating: Excellent Transit (74/100).

Walkability & Transit Near 98 7388 Macpherson Avenue

Walk Score Badge
Very Walkable 83

Walk Score - Very Walkable

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

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Very Bikeable 79

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $2,204/month · rent estimate $1,850/month · owning nets $143/month less than renting · cash flow if rented −$499/month

Mortgage Calculator for 98 7388 Macpherson Avenue

30-year fixed
$2,204 /month
Principal & Interest $1,846
Property Taxes $136
Maintenance fee $222

The estimated monthly cost of 98 7388 Macpherson Avenue, Burnaby is $2,204: $1,846 principal and interest with 20% down over 30 years at 4.45%, plus $136 property tax and $222 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

−$499 /month
Mortgage Payment $1,846
Monthly Cash Flow −$499
Break Even Down Payment 42%
Cap Rate -1.3%
Cash on Cash -6.5%

If 98 7388 Macpherson Avenue, Burnaby were rented at $1,850 a month with 5% vacancy, it would fall $499 a month short of the mortgage and carrying costs; about 42% 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 98 7388 Macpherson Avenue, Burnaby

$1,850 / month
Rent $1,850
Own $2,204
Principal: $594/mo Interest, tax, insurance, fees: $1,610/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$497/mo (year 1) → ~$1,156/mo (year 20) → ~$1,724/mo (year 29).

Net cost to own at year 5 ~$1,610/mo About $240/mo less than renting

EstateBlock estimates 98 7388 Macpherson Avenue, Burnaby would rent for about $1,850 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: 98 7388 Macpherson Avenue

Rent vs own

Owning nets $143/mo less than renting

With 20% down ($91,600) at 4.45%: $1,707/mo net cost to own in year 1 vs $1,850/mo rent

Principal paid off by year 5 $32,651
Principal paid off by year 10 $73,422

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 98 7388 Macpherson Avenue, Burnaby nets about $143 a month less than renting it in year 1, with $32,651 of principal paid off by year 5 and $73,422 by year 10.

Price vs Neighbourhood Average — Metrotown, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $458,000
Burnaby Loading...
Metrotown Loading...

Based on 14 comparable active apartments/condos in Metrotown, the average asking price is $488,189. This listing is priced 6.2% below 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 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 98 7388 Macpherson Avenue

Walk Score Badge
Very Walkable 83

Walk Score - Very Walkable

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

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Very Bikeable 79

Bike Score - Very Bikeable

Biking is convenient for most trips

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