This gorgeous duplex on a quiet street off Elwell and Canada Way features functional floor plan, 3 bedrooms plus an Enclosed balcony converted into bright solarium which can be used as the 4th bedroom upstairs, one rental suite on main for the mortgage helper. 4 bathrooms, radiant heat, gourmet kitchen with granite tiles and countertops, maple wood cabinet, tile roof, Extra-Large Private fenced yard! Steps to School, Highgate Shopping Plaza library, community center. Close to transportation, minutes drive to Metrotown. Easy access to everything!
Property details
4
Beds
3 full + 1 half
Baths
1,966 ft²
Floor area
2007
Year built
2
Storeys
2
Parking
$4,613/yr
Gross tax
Location & structure
Half Duplex
Type
None
Basement
Yes
Garage
No
Carport
Burnaby South
Area
Highgate
Sub-area
Basement
None
Structure
Duplex
Property highlights
Balcony
Private yard
Radiant heat
Features & inclusions
Heating
Radiant
Parking
Garage Single, Lane Access
Additional details
Levels
Two
Main floor (ground)
1,136 ft²
Tax year
2026
Listed by Multiple Realty Ltd.. Data from BCRES. Last updated Jul 8, 2026, 1:19 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 $317,600 down (20%) on $1,588,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this 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.
Inventory mix
What this area trades in
Within 3 km of this listing · 691 listings
Condo / Apartment
278
40.2%
Detached
222
32.1%
Townhouse
106
15.3%
Duplex
37
5.4%
Half-duplex
34
4.9%
Other
14
2.0%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
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
Market story
Vancouver 4BR rent (est)
Estimated from the 2BR average · 4BR ≈ 2BR × 1.50 (CMHC RMR typical ratio)
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
