Home Burnaby, BC Metrotown Park Place Ii 309 7368 Royal Oak Avenue

309 7368 Royal Oak Ave, Burnaby BC - Apartment/Condo for Sale - MLS# R3116737

131 days on the market

$625,000

Est. Mortgage $2,765/mo

Listing updated: May 4, 2026 at 02:24pm

EstateBlock checked: Sep 6, 2026 at 07:30am

Parkview Place Ii

2 Beds

2 Baths

1045 sqft

598 $ /sqft

488.16 $ Maint. fee

1989 built

131 days on the market

$625,000

Est. $2,765/mo with 20% down

Listing updated: May 4, 2026 at 02:24pm

EstateBlock checked: Sep 6, 2026 at 07:30am

Photos

Exterior Front Photo of 309 7368 Royal Oak Avenue, Burnaby, BC

Exterior Rear Photo of 309 7368 Royal Oak Avenue, Burnaby, BC

Living Room Photo of 309 7368 Royal Oak Avenue, Burnaby, BC

Family Room Photo of 309 7368 Royal Oak Avenue, Burnaby, BC

Dining Area Photo of 309 7368 Royal Oak Avenue, Burnaby, BC

Kitchen Photo of 309 7368 Royal Oak Avenue, Burnaby, BC

Kitchen Island Photo of 309 7368 Royal Oak Avenue, Burnaby, BC

Pantry Photo of 309 7368 Royal Oak Avenue, Burnaby, BC

Breakfast Nook Photo of 309 7368 Royal Oak Avenue, Burnaby, BC

Primary Bedroom Photo of 309 7368 Royal Oak Avenue, Burnaby, BC

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. & 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.

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 (FEMA/BC)

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

131 DOM

Slower than area

Metrotown avg

44 DOM

Average

Burnaby avg

44 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 16.2% and an area average of 44 days on market — conditions are balanced. With only 506 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 (BC ENV 2024). 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

309 7368 Royal Oak Ave, Burnaby, BC Royal Oak 0.4 km

27 min

Downtown Vancouver Waterfront Station

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

Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot

Some Transit 79

Transit Score - Excellent Transit

Transit is convenient for most trips

Somewhat
Bikeable 74

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 309 7368 Royal Oak Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $154

Maintenance fee 0

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.

Listing data last synced: May 4, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

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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

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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.