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$688,888

506 6688 ARCOLA STREET

Burnaby BC V5E 0B3 - Highgate
2 bd
2 ba
875 sqft
Built 2011

About This Property

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…

Features

Elevator
Storage
Garden
Balcony
Underground
Shopping Nearby
Room measurements6 rooms
FoyerMain · 10'2 × 7'1
KitchenMain · 8'7 × 8'4
Dining RoomMain · 9'11 × 10'9
Living RoomMain · 11'5 × 10'9
BedroomMain · 9'9 × 9'1
Primary BedroomMain · 11'11 × 9'9

Property Details

MLS NumberR3120253
Property TypeApartment/Condo
Bedrooms2
Bathrooms2
Square Feet875
Year Built2011
Parking Spaces1
HeatingElectric
Strata Fee$420.38/mo
StatusClosed
Listed ByOakwyn Realty Ltd.

School Catchment

Elementary Windsor
Secondary Burnaby South

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$690,000Median home value
$75,500Median household income
63.3%Owner-occupied
3.7%Single-detached homes
2.3Avg household size
37.6Median age
48.7%Bachelor's degree or higher (25-64)
52.2%Commute under 30 min
67.3%Drive to work
58.3%Foreign-born residents
7,333Neighbourhood population

Age

Under 15: 13.8%15 to 64: 72.2%65 and over: 14%
  • Under 1513.8%
  • 15 to 6472.2%
  • 65 and over14%

Household size

  • 1 person30.5%
  • 233.9%
  • 318.3%
  • 412.1%
  • 5 or more5.2%

Language spoken at home

31.5% English mother tongue

  • Mandarin15.7%
  • Cantonese14.9%
  • English + other5.9%
  • Tagalog4.7%
  • Korean3.3%
  • Spanish2.2%
  • All others21.8%

Mother tongue, share of 7,335 residents.

How this pocket differs

  • fewer seniors 65+ than Highgate 14% vs 18.5%
  • more Cantonese speakers than Highgate 14.9% vs 11.7%
  • Median dwelling value is notably lower than Metro Vancouver $690,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Monthly Cost Calculator

Estimated monthly cost $3,889
Mortgage payment$3,246
Strata fee$420
Property tax$173
Home insurance$50
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Sep 10

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