Enjoy summer evenings on your private 300 sq ft Rooftop Patio with southern views! Welcome home to "The Monterey" by award-winning Adera. This south-facing, 2-bedroom, 2-bath, 2-level townhome features a bright, open-concept floorplan with over 1,000 sq/ft of living space, hardwood flooring, a gas fireplace, a functional kitchen, & powder room on the main level. Upstairs, you will find 2 generously sized bedrooms, a washer/dryer, & a full bath with a linen closet. 2 dogs & 2 cats allowed in this proactive strata. Steps to Edmonds Skytrain, Highgate shopping, & all levels of schools. 1 parking space and 1 locker are included, plus ample visitor parking. Call Today! OPEN HOUSE SAT JULY 11th, 1-2:30PM
Property details
2
Beds
1 full + 1 half
Baths
1,025 ft²
Floor area
2000
Year built
2
Storeys
1
Parking
$381/mo
Strata fee
$2,402/yr
Gross tax
Location & structure
Townhouse
Type
None
Basement
Yes
Garage
No
Carport
1
Fireplace
Burnaby South
Area
Highgate
Sub-area
Basement
None
Structure
Residential Attached
Property highlights
Rooftop deck
In-suite laundry
Patio
Golf course
Fireplace
Building amenities
Caretaker
Gas included
Hot water incl.
Features & inclusions
Heating
Baseboard, Electric
Parking
Underground, Side Access
Lot
Central Location, Near Golf Course, Private, Recreation Nearby
Interior features
Storage
Laundry
In Unit
Community
Gated, Shopping Nearby
Additional details
Common interest
Condominium
Levels
Two
Main floor (ground)
460 ft²
Tax year
2025
Listed by Oakwyn Realty Ltd.. Data from BCRES. Last updated Jul 7, 2026, 9:01 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 $147,800 down (20%) on $739,000, 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 · 784 listings
Condo / Apartment
384
49.0%
Detached
211
26.9%
Townhouse
99
12.6%
Duplex
42
5.4%
Half-duplex
32
4.1%
Other
16
2.0%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
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