Home Burnaby, BC Capitol Hill BN Cedarwood 402 5340 Hastings Street

402 5340 Hastings St, Burnaby BC V5B 1R1 – Condo for Sale – MLS® R3138013

402 5340 Hastings Street, Burnaby, British Columbia V5B 1R1

Burnaby Condos for Sale

150 days on the market

$425,000

Est. monthly cost $2,352/mo

Updated with MLS® - Nov 13, 2026 at 06:45am

Cedarwood

2 Beds

1 Baths

865 sqft

491 $ /sqft

495 $ Maint. fee

1975 built

11.5% price reduction 15% cheaper than comps

Photos

Top-floor corner unit sharing only one wall! Spacious and functional layout with updated kitchen, bathroom, and flooring, plus a cozy wood-burning fireplace. Large 22'6 x 5'9 east-facing balcony. Walk to Capital Hill Elementary and Burnaby North Secondary, on the bus route, short drive to Holdom SkyTrain, and close to Kensington Mall. Heat and hot water included. Well-maintained complex with healthy CRF; repiped in 2003, roof replaced in 2011, exterior painted in 2016 per strata. Laundry on 1st and 4th floors. Includes 1 parking 1 rented parking for $20/mo and 1 locker. 1 cat or dog allowed, no size restrictions. Professionally measured 890 sq. ft .; strata plan 865 sq. ft.

Building 26 fields Inside & out 13 fields Lot & land 7 fields

Building Details

Price	$425,000
Total Bedrooms	2
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	865
Year Built	1975
Age Of Building	51
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Penthouse
Stories	1
Building Amenities	Exercise Centre, Heat, Hot Water, Management, Snow Removal
Building Name	Cedarwood
Ownership Type	Freehold Strata
Maintenance Fee	$495
Community Features	Shopping Nearby
Amenities Nearby	Exercise Centre, Heat, Hot Water, Management, Snow Removal
Utility Type	Community, Electricity Connected
Utility Sewer	Sanitation, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building, Guest, Asphalt
Total Parking Spaces	2
Strata Restrictions	Pets Allowed w/Rest.
Pet Restrictions	Cats OK, Dogs OK, Yes With Restrictions
Rental Suites	None

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
Laundry	Common Area
# of Kitchens	1
Flooring	Laminate, Mixed, Vinyl, Carpet
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
Roof	Asphalt
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3138013
Area	Burnaby North
Neighbourhood	Capitol Hill BN
City	Burnaby
Postal Code	V5B 1R1
Gross Taxes	$1,725.48
Zoning	RM3

Property Timeline

Status	Date	Price
R3138013 / Active	06-16-2026	$425,000

Rooms

Floor	Type	Dimensions
Basement Level	Kitchen	7'4 x 7'4 ft
Main Level	Dining Room	7'4 x 7'4 ft
Main Level	Living Room	12'11 x 12'11 ft
Main Level	Primary Bedroom	14'7 x 14'7 ft
Above Level	Bedroom	10'11 x 10'11 ft
Above Level	Other	22'6 x 22'6 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: Real Broker B.C. 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: Cedarwood

5340 Hastings Street, Capitol Hill BN, Burnaby

Cedarwood building details

Building

Built: 1975
Homes: 45
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: NWS342
Managed by: Ascent
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: Recreation FacilityManagementHot WaterHeatGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 1
Rentals: Allowed

Market at Cedarwood

For sale: 1
Median ask: $425K
Median $/sqft: $491
Days on market: 150
Sold, past year: 3

This home

$491/sqft, in line with the building median of $491.

Homes for sale at Cedarwood, Burnaby Recent sold listings in Cedarwood, Burnaby

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

Map, sell speed & climate

SkyTrain 1.73 km · Burnaby North Secondary School 7.7/10 · 0.94 km · crime below average · sell-speed score 69/100 (likely within weeks) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (12 nearby)

La forchetta · 245 m · Restaurant
Hotspot pizza · 261 m · Fast Food
Sushi giwa · 273 m · Restaurant

Groceries (5 nearby)

Burnaby liquor store · 200 m · Beverages
Punk rock pastries · 201 m · Bakery
Hill's bakery · 290 m · Bakery

Shopping (5 nearby)

Muckabout gift gallery · 741 m · Gift Shop
Fresh cuts barber academy · 770 m · Hairdresser
Adele rae floral art & design · 838 m · Florist

Cafes (2 nearby)

Tim hortons · 766 m · Cafe
Chez christophe · 821 m · Cafe

Healthcare (1 nearby)

Capitol hill pharmacy · 949 m · Healthcare

Transit (1 nearby)

Bus stop southbound delta ave @ northlawn dr · 971 m · Transit

Public Schools

Secondary
Burnaby North Secondary School: Above Average 0.94 km 7.7/10
Elementary
Capitol Hill Elementary School: Above Average 0.39 km 7.2/10

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

Private Schools

Elementary
St. Helen's: Above Average 0.69 km 8.7/10
Elementary,Secondary
Fawkes Academy: 1.16 km

Closest Transit

Bus Stop
Westbound Hastings St @ Howard Ave: 0.08 km
Skytrain
Skytrain @ Holdom Stn: 1.73 km

Crime Rate

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

Demographics

Post-Secondary Education: Average 29.2%
No Certificate/Degree: Average 13.6%
Owner Occupied: Below Average 43%
Employment Rate: Above Average 70.1%

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

69 / 100

Overall sell-speed score

Likely within weeks

Price competition grade

Avg comparable: $500,000

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.73 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 CAPITOL HILL BN compares

This property

150 DOM

Slower than area

Capitol Hill BN avg

41 DOM

Average

Burnaby avg

41 DOM

Faster market

402 5340 Hastings Street has a sell-speed score of 69/100, placing it in the "Expected to sell within weeks" band. The listing is priced 15% below comparable active properties in Capitol Hill BN, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 12.7% and an area average of 41 days on market — conditions are balanced. With 551 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V5B 1R1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5B 1R1, 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 µg/m³ — meets WHO 2021 guideline. Nearest station: Burnaby Kensington Park, Burnaby (~1.1 km). Annual avg AQHI 1.9 — 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.

Schools NearBy

21 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Capitol Hill Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.2 / 10	Distance 391 m
St. Helen's	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 686 m
Aubrey Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 801 m
Confederation Park Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 895 m
Burnaby North Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	7.7 / 10	Distance 944 m
Alpha Secondary	Public	Grades Served —	Catchment Info —	7.0 / 10	Distance 970 m
Burnaby Continuing Education	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 1.01 KM
Brentwood Park Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.10 KM
Holy Cross Elementary School	Independent	Grades Served K-7	Catchment Info —	10.0 / 10	Distance 1.12 KM
Holy Cross School	Independent	Grades Served —	Catchment Info —	7.1 / 10	Distance 1.12 KM
Fawkes Academy	Independent	Grades Served —	Catchment Info —	N/A	Distance 1.16 KM
Parkcrest Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.41 KM
Rosser Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.62 KM
Westridge Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.72 KM
Fawkes Academy DL	Independent	Grades Served —	Catchment Info —	9.5 / 10	Distance 1.95 KM
Lochdale Community Elementary	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 1.95 KM
Gilmore Community Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.10 KM
Kitchener Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 2.28 KM
Sperling Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.37 KM
Montecito Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.96 KM
Sir John Franklin Community School	Public	Grades Served K-7	Catchment Info —	6.7 / 10	Distance 2.98 KM

Pre-computed routes from 402 5340 Hastings St, Burnaby, BC

402 5340 Hastings St, Burnaby, BC Holdom 1.7 km

43 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Holdom → Waterfront
43 min
Metrotown, Burnaby via Holdom → Metrotown
43 min
SFU Burnaby via Holdom → Production Way
30 min
Richmond Centre via Holdom → Brighouse
68 min
YVR Airport via Holdom → YVR-Airport
69 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
11 min
Metrotown, Burnaby via Lougheed Hwy
7 min
SFU Burnaby via Gaglardi Way
7 min
Richmond Centre via No. 3 Rd
20 min
YVR Airport via Bridgeport / Sea Island
20 min

Calculate your commute

402 5340 Hastings St, Burnaby, BC is ideally located for commuters. The property is 1.7 km from Holdom, with a 43 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Hastings St @ Howard Ave (0.08 km). Walk Score Transit rating: Good Transit (53/100).

Walkability & Transit Near 402 5340 Hastings Street

Somewhat Walkable 69

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Good Transit 53

Transit Score - Good Transit

Many nearby public transportation options

Somewhat Bikeable 36

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $2,352/month · rent estimate $1,717/month · owning catches up with renting by year 15 · cash flow if rented −$770/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 402 5340 Hastings Street

$2,352 /month

Principal & Interest $1,713

Property Taxes $144

Maintenance fee $495

The estimated monthly cost of 402 5340 Hastings Street, Burnaby is $2,352: $1,713 principal and interest with 20% down over 30 years at 4.45%, plus $144 property tax and $495 strata 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

−$770 /month

Mortgage Payment $1,713

Monthly Cash Flow −$770

Break Even Down Payment 56%

Cap Rate -2.2%

Cash on Cash -10.9%

If 402 5340 Hastings Street, Burnaby were rented at $1,717 a month with 5% vacancy, it would fall $770 a month short of the mortgage and carrying costs; about 56% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 402 5340 Hastings Street, Burnaby

$1,717 / month

Rent $1,717

Own $2,352

Principal: $551/mo Interest, tax, insurance, fees: $1,801/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$461/mo (year 1) → ~$1,072/mo (year 20) → ~$1,599/mo (year 29).

Net cost to own at year 5 ~$1,801/mo About $84/mo more than renting

EstateBlock estimates 402 5340 Hastings Street, Burnaby would rent for about $1,717 a month.

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.

Rent vs own: 402 5340 Hastings Street

Rent vs own

Owning catches up by year 15

With 20% down ($85,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $30,299

Principal paid off by year 10 $68,132

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 402 5340 Hastings Street, Burnaby is cheaper at first, but owning catches up by year 15, with $30,299 of principal paid off by year 5 and $68,132 by year 10.