Welcome to The Arcadia in the heart of Highgate Village! Built by renowned Bosa, this well-maintained concrete high-rise offers a bright southwest corner suite in move-in condition. This spacious home features 2 bedrooms, a den/flex space, and 2 full bathrooms, and includes a gas stove, an electric fireplace, and expansive windows showcasing spectacular south views and breathtaking sunsets. Enjoy beautifully landscaped gardens and excellent amenities including a gym, yoga studio, and residents' lounge. 1 parking stall and 1 storage locker. Reasonable maintenance fees. Just steps to Save-On-Foods, Shoppers Drug Mart, Starbucks, Club16, restaurants, shops, and everyday conveniences. Close to transit with approximately a 15-minute walk to Edmonds SkyTrain and the Edmonds Community Centre.
Listed by RE/MAX Crest Realty. Data from BCRES. Last updated Jul 9, 2026, 5:52 PM.
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 $153,800 down (20%) on $769,000, 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 · 796 listings
Condo / Apartment
381
47.9%
Detached
220
27.6%
Townhouse
101
12.7%
Duplex
42
5.3%
Half-duplex
36
4.5%
Other
16
2.0%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Census 2021 dwelling structural-type mix · Burnaby · 1,150 dwellings
High-rise apartment980 · 85.2%
Low-rise apartment120 · 10.4%
Apartment in duplex25 · 2.2%
Single-detached20 · 1.7%
Semi-detached5 · 0.4%
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 #59151338· Burnaby· Transit 82/100 (893m to rapid)· 0.10 km²
Median rent here
$1,550
Owner shelter cost
$1,390
Renters
36.8%
30%+ on shelter
37.0%
Population (2021)
2,466
Median age
39.2
Avg household size
2.2
Avg household income
$84,000
Renters
36.8%
Owners
63.6%
Immigrants
66.9%
Post-secondary
66.7%
Avg home value
$726,000
Single status
29.8%
Not in labour force
36.6%
Households with kids
28.7%
Median rent
$1,550
Owner shelter cost
$1,390
30%+ on shelter
37.0%
Breakdown
Under $5,000
45
3.9%
$5,000 to $9,999
15
1.3%
$10,000 to $14,999
20
1.8%
$15,000 to $19,999
25
2.2%
$20,000 to $24,999
50
4.4%
$25,000 to $29,999
50
4.4%
$30,000 to $34,999
50
4.4%
$35,000 to $39,999
60
5.3%
$40,000 to $44,999
50
4.4%
$45,000 to $49,999
40
3.5%
$50,000 to $59,999
95
8.3%
$60,000 to $69,999
85
7.5%
$70,000 to $79,999
90
7.9%
$80,000 to $89,999
85
7.5%
$90,000 to $99,999
50
4.4%
$100,000 to $124,999
110
9.6%
$125,000 to $149,999
80
7.0%
$150,000 to $199,999
95
8.3%
$200,000 and over
45
3.9%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59151338).
Market story
Rent in Burnaby
Census 2021 avg $1,550/mo here · Vancouver 2BR rent 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
