508 7178 Collier St, Burnaby, BC, MLS® R3078522

$775,000
Est. Mortgage /mo

$775,000
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
$ 466.37 Maint. Fee
1058 sqft
2005 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

508 7178 Collier St, Burnaby, BC | MLS® R3078522 Property Details

Bright South-East corner unit at the BOSA built Arcadia West in the heart of Highgate Village! 2-bedroom + den, 2-bath residence at 1,058 sq.ft. Open-concept living areas with expansive floor-to-ceiling windows; kitchen with quartz countertops, stainless-steel appliances, ample cabinets and two balconies - one off the kitchen and another accessible from both master and living room. Large Bedrooms positioned on opposite ends of the unit for added privacy. Residents enjoy access to a full suite of amenities, including a fitness centre, yoga studio, social lounge, landscaped garden, and EV parking. 2 Secure parking stalls, 1 large external storage. 1 Pet allowed. Open Sun Jan. 18th 2-4pm.

General Info

Price $775,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1058
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2005
Age Of Building 21
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3078522
Area Burnaby South
Neighbourhood Highgate
City Burnaby
Gross Taxes $2,374.09
Ownership Type Freehold Strata
Maintenance Fee $466.37
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Garage Under Building, Front Access
Total Parking Spaces 2

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed,Smoking Restrictions
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions -
Zoning RM5
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter
Interior Features Storage
Locker 1
View -
View Description -
Units In Development 187
Exterior Features Garden, Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property History

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Status Date Price
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Listed by: 2 Percent Realty West Coast

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
1.47 km
Elementary
Morley Elementary School
0.68 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
0.8 km
9/10
Excellent
Secondary
St.Thomas More Collegiate
1.37 km

Closest Transit

Bus Stop
Eastbound Kingsway @ Salisbury Ave
0.28 km
Skytrain
Skytrain @ Edmonds Stn
1.00 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 508 7178 Collier Street, a beautiful home nestled in the heart of Burnaby, BC!

As we walk through this charming community, I'll share with you the unique features that make this neighborhood so special. Let's start with the schools – a top priority for families.

You'll find

Morley Elementary School

just a 0.68 km stroll from 508 7178 Collier Street. This school has a rating of No Rating, but what families appreciate is its close proximity to their new home.

In addition to Morley Elementary, your child will also be served by

Byrne Creek Community School

, located an easy 1.47 km away. Again, the proximity to this new home is a bonus for families.

For those seeking a higher level of education,

St. Francis de Sales

, an independent elementary school with a stellar rating of 9/10, is just 0.8 km from 508 7178 Collier Street. And for older students,

St. Thomas More Collegiate

, a secondary independent school with No Rating, is only 1.37 km away.

Now, let's talk about safety. According to

Statistics Canada's 2020 report

, the neighborhood surrounding 508 7178 Collier Street, Burnaby, BC, has a crime rate of 6,145.56, which is considered Below Average compared to other Canadian cities. This means you can enjoy peace of mind knowing your family is living in a safe and secure community.

Breaking down the crime statistics, we see that:

  • The

    drug crime rate

    is Below Average, with a rating of 126.78 and 327 incidents in 2020.
  • Property crimes

    are Average, with a rating of 3,691.76 and 9,522 incidents in 2020.
  • Violent crime

    is Low, with a rate of 893.28 and 2,304 incidents in 2020.

Getting around is also a breeze, thanks to the convenient

Eastbound Kingsway @ Salisbury Ave

bus station, just 0.28 km away from 508 7178 Collier Street.

Now, let's dive into the demographics of this lovely neighborhood. You'll find that:

  • 32.1% of the population

    holds a university certificate or degree, which is Above Average in comparison to other BC neighborhoods.
  • 14.7% of the population

    has no certificate or degree, which is Below Average compared to the average in BC.
  • The

    median household income

    is $44,442, which is Low compared to the British Columbia average.
  • The

    median personal income

    is $24,236, also Low compared to the BC average.

You'll also appreciate the

59.7%

of households with a mortgage in this census subdivision, which is Average.

As you explore this community, you'll notice that the

unemployment rate

is 6.9%, which is Below Average in comparison to other province neighborhoods.

This real estate is located in the Highgate area, where the

population change

between 2011 and 2016 was -1.1%, which is Below Average in comparison to average growth rate of this region.

The

population density

per square kilometre in this community is 14,193.3, which is High.

Families will appreciate the

average size of families

in the area, which is 2.7, Below Average in comparison to the whole region.

57.8%

of families with children live in this neighborhood, which is Average.

50.6%

of the population is married or living common law, which is Below Average.

The

average age of the population

is 42.1, which is Average in comparison to other BC cities.

You'll also notice that the

average value of dwellings

in this neighborhood is $481,607, which is Above Average compared to other areas in British Columbia.

As for housing costs, the

average owner payments

are Average in the area, with $1,256 spent on average per dwelling.

Tenants

in this district pay $914 on average, which is Below Average compared to other cities.

52.7%

of the population in this district are renters, which is High compared to other BC cities and areas.

Finally,

4%

of the population speaks both English and French, which is Low.

87.1%

of the population speaks only English, which is Below Average.

9%

of the population speaks neither English nor French, which is High compared to other BC cities.

37.3%

of the population uses public transport, which is High.

56.6%

use cars, which is Low.

0.7%

use bicycles, which is Below Average. **

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 $775,000
Burnaby $780,490
Highgate $787,000
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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