Parkhill

7108 Edmonds Street, Burnaby, BC
Built 1992
58 units
Highrise
1 active

About Parkhill

Parkhill is a concrete highrise residential building located in the Edmonds neighbourhood of Burnaby, constructed in 1992 and containing 58 units under strata plan LMS428. The building features a bike room, clubhouse, exercise centre, and recreation facilities for resident use. Essential services include on-site caretaker and management, grounds maintenance, snow removal, and trash collection. The building is gated for security and provides utilities including gas, hot water, water, and sewer services.

Amenities

Bike Room
Clubhouse
Exercise Centre
Sauna/Steam Room
Recreation Facilities

School Catchment

Investor Insights — Condos in Edmonds BE

Estimated rental yields based on MLS data for condos in Edmonds BE.

Type Beds Avg Rent Avg List Price Strata Net Yield
Condo 1 $2,266/mo $553,547 $322/mo 3.7%
Condo 2 $2,720/mo $750,040 $424/mo 3.2%

Net yield accounts for strata fees, property tax, and insurance. View full analysis

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$680,000Median home value
$91,000Median household income
61.3%Owner-occupied
5.9%Single-detached homes
2.6Avg household size
38Median age
46%Bachelor's degree or higher (25-64)
45.7%Commute under 30 min
63.3%Drive to work
60.6%Foreign-born residents
8,225Neighbourhood population

Age

Under 15: 14.1%15 to 64: 74.4%65 and over: 11.5%
  • Under 1514.1%
  • 15 to 6474.4%
  • 65 and over11.5%

Household size

  • 1 person22.8%
  • 232.4%
  • 320.2%
  • 414.7%
  • 5 or more9.9%

Language spoken at home

31.2% English mother tongue

  • Mandarin13.3%
  • Cantonese10.7%
  • Tagalog7.7%
  • English + other7.1%
  • Spanish2.2%
  • Korean2.1%
  • All others25.7%

Mother tongue, share of 8,225 residents.

How this pocket differs

  • fewer seniors 65+ than Burnaby East 11.5% vs 16.2%
  • fewer 5+ person households than Burnaby East 10% vs 13%
  • more Tagalog speakers than Burnaby East 7.7% vs 5.7%
  • more Mandarin speakers than Burnaby East 13.3% vs 10.4%
  • Median dwelling value is notably lower than Metro Vancouver $680,000 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.

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