Welcome to modern living at its finest in this beautifully designed 3-bed, 2-bath ground-level townhouse at Element 1. This unit is perfect for a family, couple or downsizer. Thoughtfully crafted with a sleek, contemporary aesthetic, premium European appliances (Fulgor & Blomberg), two-ton cabinets in a functional kitchen and laminate flooring throughout the unit. Primary bedroom is spacious and has a full ensuite. Unit features full accessibility and an expansive 248sf patio. Unit includes 2 side by side underground parking, 1 storage locker plus a generous in-suite storage crawlspace (145sf). Walking distance to Taylor Park Elementary, Byrne Creek Secondary & close to Our Lady of Mercy. Open Sunday, July 12 2-4pm
Property details
3
Beds
2 full
Baths
977 ft²
Floor area
2020
Year built
1
Storey
2
Parking
$447/mo
Strata fee
$2,831/yr
Gross tax
Location & structure
Townhouse
Type
Crawl Space
Basement
Yes
Garage
No
Carport
Burnaby East
Area
Edmonds BE
Sub-area
Basement
Crawl Space
Structure
Residential Attached
Property highlights
In-suite laundry
Patio
Underground parking
Storage locker
Bike storage
Building amenities
Gas included
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Baseboard, Electric
Parking
Underground, Guest, Side Access
Interior features
Storage
Laundry
In Unit
Additional details
Common interest
Condominium
Levels
One
Main floor (ground)
977 ft²
Tax year
2025
Listed by Oakwyn Realty Encore. Data from BCRES. Last updated Jul 8, 2026, 7:17 AM.
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.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $163,600 down (20%) on $818,000, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Inventory mix
What this area trades in
Within 3 km of this listing · 837 listings
Condo / Apartment
409
48.9%
Detached
228
27.2%
Townhouse
111
13.3%
Duplex
38
4.5%
Half-duplex
34
4.1%
Other
17
2.0%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Burnaby · 320 dwellings
Row house145 · 45.3%
Low-rise apartment115 · 35.9%
Apartment in duplex45 · 14.1%
Single-detached10 · 3.1%
High-rise apartment5 · 1.6%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59151255· Burnaby· Transit 90/100 (518m to rapid)· 0.07 km²
Median rent here
$1,800
Owner shelter cost
$1,820
Renters
16.1%
30%+ on shelter
15.9%
Population (2021)
831
Median age
38.4
Avg household size
2.7
Avg household income
$120,000
Renters
16.1%
Owners
82.3%
Immigrants
61.0%
Post-secondary
61.2%
Avg home value
$820,000
Single status
33.6%
Not in labour force
24.5%
Households with kids
45.2%
Median rent
$1,800
Owner shelter cost
$1,820
30%+ on shelter
15.9%
Breakdown
$20,000 to $24,999
10
3.3%
$25,000 to $29,999
10
3.3%
$30,000 to $34,999
5
1.7%
$35,000 to $39,999
5
1.7%
$40,000 to $44,999
10
3.3%
$45,000 to $49,999
5
1.7%
$50,000 to $59,999
15
5.0%
$60,000 to $69,999
15
5.0%
$70,000 to $79,999
20
6.7%
$80,000 to $89,999
25
8.3%
$90,000 to $99,999
15
5.0%
$100,000 to $124,999
60
20.0%
$125,000 to $149,999
35
11.7%
$150,000 to $199,999
40
13.3%
$200,000 and over
30
10.0%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59151255).
Market story
Rent in Burnaby
Census 2021 avg $1,800/mo here · Vancouver 3BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
