Buildings›Highgate›Esprit 1

171 Units28 StoreysBuilt 2009CONCRETE4 Active

Esprit 1 — 7328 ARCOLA STREET, Highgate, Burnaby, BC

28-storey concrete high-rise in Burnaby's Highgate neighbourhood, built in 2009

Avg Sold Price

$957K

Avg $/sq ft

$619,392

Avg Days on Market

16d

Homes For Sale (4)

Listed	Unit / Address	Beds	Baths	Price	Tier	$/sqft	Sqft	DOM	Strata Fee	Tax	Listed By
Aug 24, 26	1205 7328 ARCOLA STREET	2	2	$630,000	Lowest	$741	850	40d	$411/mo	$2,127/yr	Saba Realty Ltd.
Sep 18, 26	504 7328 ARCOLA STREET	2	2	$638,000		$748	853	15d	$411/mo	$2,089/yr	Sutton Premier Realt…
Jul 13, 26	1805 7328 ARCOLA STREET	2	2	$685,000		$806	850	82d	$411/mo	$2,169/yr	Oakwyn Realty Ltd.
Jun 27, 25	2207 7328 ARCOLA STREET	2	2	$868,000	Top-Tier	$780	1,113	463d	$535/mo	$2,575/yr	Royal Pacific Realty…
Median (4 units)				$661,500		$764	852	61d	$411/mo	$2,148/yr

Sold History at Esprit 1

2 units have sold at Esprit 1 in the past 6 months, with an average sale price of $956,500 ($619,392/sq ft).

Date	Unit / Address	Beds	Baths	vs Asking	Sold Price	$/sqft	Sqft	DOM	Strata Fee	Tax	Listed By
Jul 8, 26	PH2 7328 ARCOLA STREET	3	3	View →	View Sold Price →	—	1,608	2d	$775/mo	$4,131/yr	Oakwyn Realty Ltd.
Apr 14, 26	303 7328 ARCOLA STREET	2	2	View →	View Sold Price →	—	862	29d	$416/mo	$2,217/yr	RE/MAX Crest Realty
Median (2 units)				—	—	—	1,235	16d	$595/mo	$3,174/yr

Market Summary

There are currently 4 active homes for sale at Esprit 1 at 7328 ARCOLA STREET, ranging from $630K to $868K. Recent sold units have averaged $957K, selling in about 16 days on average (≈$619,392/sq ft). Esprit 1 is a concrete building of 171 units built in 2009 located in Highgate.

Building Details

Address	7328 ARCOLA STREET, Burnaby
Total Units	171
Units in Strata	171
Storeys	28
Year Built	2009
Construction	CONCRETE
Strata Plan	BCS3295
Pet Policy	No pets permitted

About This Building

Esprit 1 is a 28-storey concrete high-rise strata building located at 7328 Arcola Street in the Highgate neighbourhood of Burnaby, BC. Completed in 2009 under Strata Plan BCS3295, the building comprises 171 residential suites. Esprit 1 is constructed of concrete, which is typical of the mid-to-late 2000s high-rise development that transformed the Highgate area. Residents have access to an exercise centre, elevator service, and in-suite laundry in each home. Monthly strata fees cover a broad range of services, including a caretaker, garbage pickup, gardening, gas, hot water, management, and use of the recreation facility. Regarding pets, the strata bylaws do not permit pets, so prospective buyers with animals should factor this into their decision. Rentals are permitted, making Esprit 1 an option for investors as well as owner-occupiers. The building sits within walking distance of Highgate Village shopping and public transit connections serving the broader Burnaby South area.

Location & Neighbourhood

Highgate is a residential neighbourhood in South Burnaby centred around Highgate Village, an open-air shopping centre with grocery, pharmacy, dining, and everyday retail options within easy walking distance of Esprit 1. The area is well served by TransLink bus routes connecting residents to Edmonds SkyTrain Station on the Expo Line, providing direct access to downtown Vancouver and Surrey. Nearby green space includes Ron McLean Park and the broader trail network along Byrne Creek Ravine Park, offering accessible outdoor recreation for residents.

Building Market Stats

Avg Asking Price

$705K

Sold in 6 Months

2 units

Avg Sold Price

$957K

Avg $/SqFt

$619,392

Avg DOM

16 days

Sale-to-List

95.3%

Amenities & Bylaws

Bylaw Restrictions

PetsNot Permitted

No pets permitted

RentalsAllowed

PETS ALLOWED W/REST.,RENTALS ALLOWED

Short-Term RentalsCheck Bylaws

Confirm with strata before listing short-term.

Amenities

✓ELEVATOR

✓EXERCISE CENTRE

✓IN SUITE LAUNDRY

Features

A Stylish Impression

✓Contemporary architectural styling by Lawrence Doyle Architects
✓Solid concrete Bosa Wall™ exterior wall construction
✓Large exterior balconies or terraces
✓Expansive windows to showcase spectacular views
✓Dramatic entry foyer with porcelain flooring

Refined Interiors

✓Smart and functional home office workspace
✓Imported 18" x 18" porcelain tiled entries
✓Cozy and energy-efficient electric fireplace
✓Polished chrome door hardware
✓Durable plush carpeting throughout
✓Wood door casings and baseboards
✓Designer vertical blinds for privacy throughout
✓Decora-style rocker light switches
✓Full-size stacking laundry centre
✓Two contemporary interior design palettes by Portico Design Group

Lavish Ensuites

✓Natural woodgrain cabinetry
✓Designer stone countertops
✓Contemporary square undermount sink with polished chrome single-lever designer faucets
✓Full-height imported tile shower and soaker tub surround
✓Deep soaker tub with single-lever pressure balanced shower control
✓Vanity with framed mirror and recessed lighting
✓Pull-out storage drawer in vanity in most suites
✓Brushed chrome accessories

Smart Main Bathrooms

✓Imported ceramic tile surround and showersplash
✓High pressure laminate cabinetry in second bathrooms
✓Designer stone countertops
✓Deep soaker tub with single-lever pressure balanced shower control
✓Brushed chrome accessories
✓Pull-out storage drawer in vanity

Inspired Kitchens

✓Designer composite stone countertops with polished edging
✓Natural woodgrain cabinetry with signature etched-glass and aluminum door
✓Contemporary halogen track lighting and glass pendant lights over breakfast bar
✓Convenient breakfast bar in most homes
✓Energy-efficient appliances
✓Premium integrated stainless steel dishwasher
✓Stylish 30" Samsung or 24" LG bottom-mount refrigerator
✓Electrolux Icon natural gas range
✓Electrolux Icon integrated electric wall oven
✓Stainless steel combination microwave and hoodfan
✓In-sink waste disposal
✓Undermount stainless steel sink with polished edging
✓European single-lever faucet with telescopic vegetable spray
✓Imported 18" x 18" porcelain tile fl ooring
✓Dramatic easy-care porcelain tile backsplash

Safe, Sound & Energy-efficient

✓Protection from the elements with the solid concrete exterior Bosa Wall™
✓Fully-secured parking
✓Individually secured living fl oors
✓Safety conscious remote parking door opener
✓Enterphone outside main lobby with security camera
✓Sprinklers in all homes and common areas
✓Double glazed, thermally broken aluminum windows
✓Central gas-fired hot water system
✓Electric baseboard heating throughout with individual thermostat controls
✓10-Year Lombard Structural Warranty plus Two-Year Delivery and Distribution Systems Warranty
✓Bosa Properties One-Year In Home Labour and Materials Warranty

Strata Fee Includes

✓CARETAKER

✓GARBAGE PICKUP

✓GARDENING

✓GAS

✓HOT WATER

✓MANAGEMENT

✓RECREATION FACILITY

Strata Information

Financial Health

Strata Plan No.BCS3295

Contingency Reserve FundContact agent for details

CRF Per UnitContact agent for details

Special LeviesInquire with strata

Depreciation ReportAvailable on request

Management & Meetings

AGM ScheduleAnnual — contact strata

Council MembersElected owners

Insurance CoverageFull building replacement

Bylaw Last UpdatedContact strata for date

Note: Strata documents including full meeting minutes, the depreciation report, and bylaws are available to serious buyers upon request. Saeed can obtain and review these as part of your due diligence.

Quick Answers

What building is at 7328 ARCOLA STREET?

Esprit 1 is the strata complex located at 7328 ARCOLA STREET, Highgate, Burnaby, BC. Built in 2009. It has 171 residential units.

Are pets allowed at Esprit 1?

No. The strata bylaws at Esprit 1 do not permit pets.

How many units are in Esprit 1?

Esprit 1 (7328 ARCOLA STREET) has 171 residential units built in 2009. Strata Plan BCS3295.

When was Esprit 1 built?

Esprit 1 at 7328 ARCOLA STREET was built in 2009. It is a concrete construction building.

What amenities does Esprit 1 have?

Esprit 1 amenities include: ELEVATOR, EXERCISE CENTRE, IN SUITE LAUNDRY.

What has sold at 7328 ARCOLA STREET recently?

In the past 6 months, 2 units have sold at Esprit 1, with an average sale price of $956,500.

What is the average sold price at Esprit 1?

Recent units at Esprit 1 have sold for an average of $956,500, typically in 16 days on market.

Who is the best realtor to sell my unit at Esprit 1?

Esprit 1 units have recently sold for an average of $956,500 in about 16 days. Saeed Farahani is a Highgate specialist at Re/Max Crest Realty — contact Saeed for a free building valuation.

How long does it take to sell a unit at Esprit 1?

Recent units at Esprit 1 have sold in an average of 16 days on market, with units typically selling at 95.3% of asking price.

Frequently Asked Questions

What is Esprit 1?+

Esprit 1 is a 28-storey concrete strata high-rise at 7328 Arcola Street in the Highgate neighbourhood of Burnaby, BC. The building was completed in 2009 and contains 171 residential suites registered under Strata Plan BCS3295.

Where is Esprit 1 located?+

Esprit 1 is located at 7328 Arcola Street in the Highgate neighbourhood of Burnaby, BC, in Metro Vancouver's Lower Mainland. The building is within walking distance of Highgate Village and transit connections to Edmonds SkyTrain Station.

When was Esprit 1 built?+

Esprit 1 was built in 2009. The building is constructed of concrete, which is a common material for high-rise strata developments from that era in Burnaby.

How many suites does Esprit 1 have?+

Esprit 1 has 171 residential suites spread across 28 storeys.

Is Esprit 1 pet-friendly?+

No, pets are not permitted under the current strata bylaws at Esprit 1. Prospective buyers or renters with pets should be aware of this restriction before proceeding.

What amenities does Esprit 1 have?+

Esprit 1 offers an exercise centre, elevator service, and in-suite laundry in each home. These amenities are included as part of the building's standard offerings for residents.

What do the maintenance fees at Esprit 1 cover?+

Strata fees at Esprit 1 include caretaker services, garbage pickup, gardening, gas, hot water, professional management, and access to the recreation facility. This is a relatively comprehensive package that covers several utilities owners would otherwise pay separately.

Are rentals allowed at Esprit 1?+

Yes, rentals are permitted at Esprit 1 according to the strata bylaws. This makes the building suitable for investors in addition to owner-occupiers.

What suites are currently available at Esprit 1?+

There are currently 4 active listings at Esprit 1, all of which are two-bedroom suites. Prices range from $599,900 to $868,000 CAD.

What is the average sold price at Esprit 1?+

Based on 2 sales over the past 12 months, the average sold price at Esprit 1 was $956,500 CAD, at an average of $619,392 per square foot, with an average of 16 days on market. Note that a small sample size can significantly influence averages.

Other Buildings in This Complex

Part of the ESPRIT complex — buildings share common neighbourhood amenities.

Esprit

7328 ARCOLA STREET

Built

2009

Units

171

Active Now

4 homes

View Building

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Location

📍7328 ARCOLA STREET, Burnaby, Burnaby, Highgate, BCOpen in Google Maps →

What's Nearby

50/100

Walk Score

Somewhat Walkable

40/100

Transit Score

Some Transit

40/100

Bike Score

Some Biking

Scores are estimates based on local amenities and transit access. Actual walkability may vary.

🏫

Local Elementary School

Catchment school · < 1.5 km

🏫

Local Middle School

< 2 km

🏫

Local Secondary School

< 3 km

🏫

Nearby Private School

Independent option · < 5 km

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Luma	6688 ARCOLA STREET	26	2011	1 home
Highgate Place	7489 16TH STREET	—	2011	—
7012 Griffiths Avenue	7012 GRIFFITHS AVENUE	—	2010	1 home
Axis	7225 ACORN AVE	15	2009	2 homes
Bella	7655 EDMONDS STREET	4	2009	—
Esprit	7328 ARCOLA STREET	1	2009	4 homes
Esprit 2	7325 ARCOLA STREET	25	2009	1 home
Highgate Ridge	6708 ARCOLA STREET	3	2009	—
6708 Arcola	0 ARCOLA STREET	3	2009	—