506 6688 Arcola St, Burnaby, BC, MLS® R3048671

$729,900
Est. Mortgage /mo

$729,900
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
$ 420.38 Maint. Fee
875 sqft
2011 built
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Photos
Map
Street view
Schools
Crime
Commute
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506 6688 Arcola St, Burnaby, BC | MLS® R3048671 Property Details

Welcome to this bright and functional 2 bed, 2 bath corner unit in the heart of Highgate Village! Enjoy mountain views right from your balcony, a split-bedroom layout, and large windows that flood the space with natural light. Open concept with laminate flooring throughout the home. Just steps to Highgate Shopping Centre, groceries, cafes, and transit. This home is priced well for any end-user looking for value in a walkable, growing community. Includes 1 parking + 1 locker. Don’t miss this opportunity!

General Info

Price $729,900
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 875
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2011
Age Of Building 14
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Exercise Centre, Caretaker, Trash, Hot Water, Management, Recreation Facilities
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3048671
Area Burnaby South
Neighbourhood Highgate
City Burnaby
Gross Taxes $2,073.89
Ownership Type Freehold Strata
Maintenance Fee $420.38
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Caretaker, Trash, Hot Water, Management, Recreation Facilities
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Electric

Utilities

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

Parking

Parking Type Underground
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning CD
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker -
View -
View Description -
Units In Development 180
Exterior Features Garden, Balcony
Sewer Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Oakwyn 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.

Neighborhood Info

Public Schools

Secondary
Byrne Creek Community School
1.68 km
Elementary
Windsor Elementary School
0.7 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
0.12 km
9/10
Excellent
Secondary
St.Thomas More Collegiate
2.03 km

Closest Transit

Bus Stop
Westbound Kingsway @ Sperling Ave
0.07 km
Skytrain
Skytrain @ Edmonds Stn
0.93 km

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

Welcome to 506 6688 Arcola Street, a beautiful home located in the heart of Burnaby, BC.

As you step into this charming community, you'll be greeted by the proximity to excellent schools, safe neighborhoods, and a strong sense of community. Let me take you on a tour of the area and highlight some of the key features that make this home a standout.

Schools:

The property at 506 6688 Arcola Street is serviced by Windsor Elementary School, which is just a 0.7 km walk away. Windsor Elementary has a rating of No Rating, but families love this area because of its strong sense of community and excellent educational opportunities. Just down the road, you'll also find Byrne Creek Community School, which is a 1.68 km drive away. Byrne Creek has a rating of No Rating, but its proximity to the community makes it an attractive option for families.

For those seeking a more independent education, St. Francis de Sales Elementary School is the closest option, with a rating of 9/10 and located just 0.12 km from home. This Catholic school offers a unique learning experience and a strong sense of community.

For secondary education, St. Thomas More Collegiate is the closest option, with a rating of No Rating and located 2.03 km from home. This Catholic school offers a comprehensive education and a wide range of extracurricular activities.

Crime Rates:

According to the latest data from Statistics Canada (2020), this neighborhood has a Below Average crime rate compared to other Canadian cities. With a total crime rate of 6,145.56, this community is considered to be a safe and secure place to live. The rate is the amount of incidents per 100,000 population, and it's a testament to the strong sense of community and low crime rates in the area.

Demographics:

This neighborhood is home to a diverse population, with 33.6% of residents holding a university certificate or degree. This is High compared to other BC neighborhoods. However, 12.7% of the population has no certificate or degree, which is Below Average compared to the average in BC.

The median household income in this neighborhood is $55,723, which is Below Average compared to the British Columbia average. However, the median personal income is $27,840, which is also Below Average. The percentage of households with a mortgage is 72%, which is High.

Transit:

The closest bus station is Westbound Kingsway @ Sperling Ave, which is just 0.07 km away from the property with MLS® R3048671. This convenient transit option makes it easy to get around the city without a car.

Lifestyle Amenities:

This neighborhood is surrounded by a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The average value of dwellings in this neighborhood is $536,746, which is Above Average compared to other areas in British Columbia.

Real Estate Context:

The average owner payments in this area are Above Average, with owners spending an average of $1,451 per month. Tenants are also paying Above Average rents, with an average of $1,135 per month. The percentage of renters in this neighborhood is 36.6%, which is Above Average compared to other BC cities and areas.

Commuting:

The unemployment rate in this area is 6.1%, which is Below Average compared to other province neighborhoods. The population density per square kilometer is 4,590.5, which is High. The average size of families in this area is 2.7, which is Below Average compared to the whole region.

Community:

This neighborhood is a vibrant and diverse community, with a strong sense of belonging and connection. The average age of the population is 40.1, which is Below Average compared to other BC cities. The percentage of married or living common-law couples is 54.6%, which is Below Average.

Conclusion:

506 6688 Arcola Street, Burnaby, BC MLS® R3048671 is a beautiful home located in a safe and secure neighborhood with a strong sense of community. With excellent schools, convenient transit options, and a range of lifestyle amenities, this property is an attractive option for families and individuals alike. Don't miss out on this opportunity to own a piece of this wonderful community.

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 $729,900
Burnaby $804,066
Highgate $734,333
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
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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