309 7368 Royal Oak Ave, Burnaby BC – Condo for Sale – MLS® R3116737

309 7368 Royal Oak Avenue, Burnaby, British Columbia V5J 4J6

176 days on the market
$625,000
Est. Mortgage $2,765/mo
Listing updated:
EstateBlock checked:
Parkview Place Ii
2 Beds
2 Baths
1045 sqft
598 $ /sqft
488.16 $ Maint. fee
1989 built
176 days on the market
$625,000
Est. $2,765/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 309 7368 Royal Oak Avenue

TOP FLOOR! Welcome to this spacious 2 Bed, 2 Bath home offering 1,045 sq ft of bright, functional living in the heart of Metrotown. Featuring open concept, large living and dining area, laminate flooring, NEW stove, NEW fridge, recent dishwasher, very generous sized bedrooms on opposite sides of the home, and full laundry laundry room with in-suite storage/pantry. Relax or entertain on your private sunny balcony. The primary bedroom easily fits a king bed and includes a walk-in closet and ensuite. Just steps to Royal Oak SkyTrain, Metrotown, T&T, Bonsor, parks, and schools. 1 parking & 1 storage included. MUST SEE VIRTUAL TOUR!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Fireplace 1
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $625,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1045
Year Built 1989
Age Of Building 37
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse
Stories 1
Building Amenities Trash, Maintenance Grounds, Gas, Management
Building Name Parkview Place Ii
Ownership Type Freehold Strata
Maintenance Fee $488.16
Community Features Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Gas, Management
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Units In Development 30

Lot & Land

Lot Size Depth Feet
MLS® # R3116737
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5J 4J6
Gross Taxes $1,849.82
Zoning CD RM3

Property Timeline

Status Date Price
R3116737 / Active 04-28-2026 $625,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 13'9 x 13'9 ft
Main Level Dining Room 13'9 x 13'9 ft
Main Level Kitchen 9'1 x 9'1 ft
Main Level Primary Bedroom 9'7 x 9'7 ft
Main Level Walk-In Closet 5'3 x 5'3 ft
Main Level Bedroom 9'1 x 9'1 ft
Main Level Laundry 7'11 x 7'11 ft
Main Level Foyer 5'3 x 5'3 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #3

Listed by: Rennie & Associates Realty Ltd.

NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

About the building: Park Place Ii

7368 Royal Oak Avenue, Metrotown, Burnaby

Park Place Ii building details

Building

Built
1989
Homes
30
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
NWS3099
Managed by
Condex
Parking
Garage: Underground
Lockers
Limited
Strata fee covers
ManagementGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Park Place Ii

For sale
1
Median ask
$625K
Median $/sqft
$598
Days on market
176
Sold, past year
1
This home

$598/sqft, in line with the building median of $598.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map & Neighbourhood

Public Schools

Secondary
Burnaby South Secondary School
0.24 km
Elementary
Nelson Elementary School
Average 0.52 km 6.8/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Francis de Sales
Above Average 1.62 km 9/10
Elementary, Secondary
Deer Lake School
2.76 km

Closest Transit

Bus Stop
Southbound Royal Oak Ave @ Sidley St
0.05 km
Skytrain
Skytrain @ Royal Oak Stn
0.35 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average 33.4%
No Certificate/Degree
Below Average 11.9%
Owner Occupied
Average 62.1%
Employment Rate
Above Average 67.9%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

57 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $656,250
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.35 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How METROTOWN compares
This property
176 DOM
Slower than area
Metrotown avg
50 DOM
Average
Burnaby avg
50 DOM
Faster market

309 7368 Royal Oak Avenue has a sell-speed score of 57/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 5% below comparable active properties in Metrotown, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 16% and an area average of 50 days on market — conditions are balanced. With only 470 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5J 4J6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5J 4J6, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.4 µg/m³ — meets WHO 2021 guideline. Nearest station: Burnaby South, Burnaby (~0.3 km). Annual avg AQHI 2.2 — Low Risk.

Heat Moderate

Burnaby currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~7 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.4 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1393 mm (1981–2010 baseline), projected ~1445 mm by the 2050s. Extreme 1-day rainfall: ~47.8 mm baseline, ~53.3 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~24 days baseline, ~25 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (40 nearby)

  • Sasaya bistro · 158 m · Restaurant
  • Stem japanese eatery · 213 m · Restaurant
  • Makoto sushi · 213 m · Restaurant

Shopping (37 nearby)

  • Mj's barber shop · 164 m · Hairdresser
  • Royal oak dry cleaning · 176 m · Laundry
  • South slope pharmacy · 213 m · Pharmacy

Cafes (17 nearby)

  • Single v coffee · 154 m · Cafe
  • Adam's crepes · 213 m · Cafe
  • It's tea · 242 m · Cafe

Groceries (12 nearby)

  • Smart n save grocery & cafe · 245 m · Supermarket
  • Buy-low foods · 281 m · Supermarket
  • West coast liquor company · 332 m · Beverages

Healthcare (3 nearby)

  • South slope pharmacy · 213 m · Healthcare
  • Imperial remedy's rx pharmacy · 545 m · Healthcare
  • Imperial neighbourhood pharmacy · 951 m · Healthcare

Transit (2 nearby)

  • Skytrain @ royal oak stn station · 351 m · Transit
  • Bus stop eastbound kingsway @ marlborough ave · 997 m · Transit

Schools NearBy

18 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Burnaby South Secondary

Public

Grades Served

—

Catchment Info

—
5.2 / 10

Distance

251 m

Nelson Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.1 / 10

Distance

523 m

Burnaby Youth Hub Secondary Program

Public

Grades Served

—

Catchment Info

—
2.7 / 10

Distance

829 m

Clinton Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

849 m

Windsor Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.5 / 10

Distance

1.11 KM

BC Provincial School For The Deaf Elementary

Public

Grades Served

—

Catchment Info

—
6.2 / 10

Distance

1.13 KM

South Slope Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

1.17 KM

Glenwood Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.4 / 10

Distance

1.36 KM

St. Francis de Sales

Independent

Grades Served

K-7

Catchment Info

—
8.7 / 10

Distance

1.62 KM

Brantford Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

1.76 KM

Suncrest Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

2.20 KM

Chaffey-Burke Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

2.28 KM

Taylor Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

2.32 KM

Morley Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.4 / 10

Distance

2.43 KM

Our Lady of Mercy

Independent

Grades Served

—

Catchment Info

—
10.0 / 10

Distance

2.63 KM

Connaught Heights Elementary

Public

Grades Served

—

Catchment Info

—
6.9 / 10

Distance

2.87 KM

Champlain Heights Community Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.5 / 10

Distance

2.89 KM

Gilpin Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

2.98 KM

Pre-computed routes from 309 7368 Royal Oak Ave, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Royal Oak → Waterfront
    27 min
  • Metrotown, Burnaby via Royal Oak → Metrotown
    9 min
  • SFU Burnaby via Royal Oak → Production Way
    25 min
  • Richmond Centre via Royal Oak → Brighouse
    52 min
  • YVR Airport via Royal Oak → YVR-Airport
    53 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    14 min
  • Metrotown, Burnaby via Lougheed Hwy
    2 min
  • SFU Burnaby via Gaglardi Way
    8 min
  • Richmond Centre via No. 3 Rd
    15 min
  • YVR Airport via Bridgeport / Sea Island
    17 min

Calculate your commute

309 7368 Royal Oak Ave, Burnaby, BC is ideally located for commuters. The property is 0.4 km from Royal Oak, with a 27 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Royal Oak Ave @ Sidley St (0.05 km). Walk Score Transit rating: Excellent Transit (79/100).

Walkability & Transit Near 309 7368 Royal Oak Avenue

Walk Score Badge
Car-Dependent 86

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 79

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
71

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 309 7368 Royal Oak Avenue

/month
Principal & Interest
Property Taxes $154
Maintenance fee 488.16
Financing 80% of the $625,000 asking price over 30 years at 4% results in approximately $3,029/month in total estimated carrying costs, $154 property tax, $488 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $2,218/month in rental income, leaving a -$862/month cashflow at current carrying costs. Investors targeting break-even would need roughly 49% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 309 7368 Royal Oak Avenue, Burnaby

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Metrotown, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $625,000
Burnaby Loading...
Metrotown Loading...

Based on 43 comparable active apartments/condos in Metrotown, the average asking price is $657,677. This listing is priced 5% below the neighbourhood average.

Data is based on list prices of similar active listings. 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 309 7368 Royal Oak Avenue

Walk Score Badge
Car-Dependent 86

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 79

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
71

Bike Score - Very Bikeable

Biking is convenient for most trips

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