507 7579 16th St, Burnaby BC - Apartment/Condo for Sale - MLS# R3173324

Today on the market
$565,000
Est. Mortgage $2,500/mo
Listing updated:
EstateBlock checked:
1 Beds
1 Baths
640 sqft
883 $ /sqft
283.93 $ Maint. fee
2022 built
NEW OPEN HOUSE
Today on the market
$565,000
Est. $2,500/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 507 7579 16th Street

Welcome to Cedar Creek, a premier 60-acre master-planned community by Ledingham McAllister! This North facing, open-concept 1 Bedroom + den is the perfect space to for young families. Enjoy a generous sized bedroom that can easily fit a king sized bed. Functional den ideal for home office, and large windows that invite abundant natural light. Kitchen with stainless steel appliances and a quartz wrap-around island. Spacious balcony to unwind with friends, family or pets. Amenities include a concierge, fitness centre, and guest suite. Quiet yet centrally located and just short stroll to Edmonds SkyTrain and under 10 min walk schools. Comes with 1 parking & 1 storage. Open house Saturday October 10th 1-3pm.

Open houses

10 Oct, 2026 (12:00 PM to 02:00 PM)

Interior Features

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

Exterior Features

Exterior Features Garden, Playground, Balcony
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $565,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 640
Year Built 2022
Age Of Building 4
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management
Ownership Type Freehold Strata
Maintenance Fee $283.93
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Garage Door Opener
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 Suites None
Units In Development 335

Lot & Land

Lot Size Depth Feet
MLS® # R3173324
Area Burnaby East
Neighbourhood Edmonds BE
City Burnaby
Postal Code V3N 0H7
Gross Taxes $1,946.25
Zoning RM4

Property Timeline

Status Date Price
R3173324 / Active 10-07-2026 $565,000
Rooms
Floor Type Dimensions
Main Level Living Room 15'6 x 15'6 ft
Main Level Dining Room 13'5 x 13'5 ft
Main Level Kitchen 14'1 x 14'1 ft
Main Level Bedroom 9'10 x 9'10 ft
Main Level Den 4'10 x 4'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3

Listed by: Royal Pacific Realty Corp.

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

Private Schools

Elementary
St. Francis de Sales
Above Average 1.43 km 8.7/10
Secondary
St. Thomas More Collegiate
Above Average 0.86 km 8.3/10

Closest Transit

Bus Stop
Westbound 14 Ave @ 15 St
0.18 km
Skytrain
Skytrain @ Edmonds Stn
0.73 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 33.6%
No Certificate/Degree
Average 12.9%
Owner Occupied
Above Average 79.9%
Employment Rate
Above Average 67.8%

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

56 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $579,125
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.73 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 EDMONDS BE compares
This property
0 DOM
Very fast
Edmonds BE avg
36 DOM
Average
Burnaby avg
36 DOM
Slower market

507 7579 16th Street has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 2.5% below comparable active properties in Edmonds BE, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 13.1% and an area average of 36 days on market — conditions are balanced. With only 61 competing homes currently listed, this property has moderate competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3N 0H7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3N 0H7, 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 (~2.6 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

Shopping (40 nearby)

  • Sala floral · 553 m · Florist
  • F45 · 555 m · Clothes
  • Gulf & fraser · 578 m · Bank

Restaurants (31 nearby)

  • Pizza hut · 556 m · Restaurant
  • Arisu authentic korean bbq · 594 m · Restaurant
  • Noodlebox · 595 m · Restaurant

Groceries (17 nearby)

  • Cobs bread · 593 m · Bakery
  • Pricesmart foods · 632 m · Supermarket
  • Grand food mart · 659 m · Supermarket

Cafes (8 nearby)

  • Waves coffee house · 590 m · Cafe
  • Macao imperial tea · 627 m · Cafe
  • Mostafa coffee house · 758 m · Cafe

Healthcare (4 nearby)

  • Edmonds pharmacy · 602 m · Healthcare
  • Shoppers drug mart · 749 m · Healthcare
  • Apoteka pharmacy · 958 m · Healthcare

Transit (2 nearby)

  • Skytrain @ edmonds stn station · 725 m · Transit
  • Bus stop eastbound 8th ave @ 18 st · 1000 m · Transit

Gyms (1 nearby)

  • Fred randall pool · 839 m · Gym

Schools NearBy

28 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

St. Thomas More Collegiate

Independent

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

860 m

Lord Tweedsmuir Elementary

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

997 m

Taylor Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

1.02 KM

Twelfth Avenue Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.9 / 10

Distance

1.18 KM

Connaught Heights Elementary

Public

Grades Served

—

Catchment Info

—
6.9 / 10

Distance

1.26 KM

Lord Kelvin Elementary School

Public

Grades Served

K-5

Catchment Info

—
5.7 / 10

Distance

1.41 KM

St. Francis de Sales

Independent

Grades Served

K-7

Catchment Info

—
8.7 / 10

Distance

1.43 KM

New Westminster Secondary School

Public

Grades Served

9-12

Catchment Info

—
6.7 / 10

Distance

1.53 KM

Morley Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.4 / 10

Distance

1.57 KM

Sigma

Public

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

1.63 KM

New Westminster Continuing Education

Public

Grades Served

—

Catchment Info

—
6.7 / 10

Distance

1.70 KM

Brantford Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

1.78 KM

Lakeview Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

1.87 KM

Windsor Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.5 / 10

Distance

2.04 KM

Clinton Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.10 KM

Our Lady of Mercy

Independent

Grades Served

—

Catchment Info

—
10.0 / 10

Distance

2.11 KM

John Knox Christian - Secondary Campus

Independent

Grades Served

—

Catchment Info

—
9.2 / 10

Distance

2.14 KM

Buckingham Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

2.22 KM

Glenwood Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.4 / 10

Distance

2.29 KM

Royal City Alternate Program

Public

Grades Served

8-11

Catchment Info

—
N/A

Distance

2.53 KM

John Knox Christian - Elementary Campus

Independent

Grades Served

—

Catchment Info

—
9.3 / 10

Distance

2.53 KM

Burnaby South Secondary

Public

Grades Served

—

Catchment Info

—
5.2 / 10

Distance

2.58 KM

Fraser River Middle

Public

Grades Served

—

Catchment Info

—
5.8 / 10

Distance

2.60 KM

Herbert Spencer Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.9 / 10

Distance

2.60 KM

POWER Alternate Secondary School

Public

Grades Served

10-12

Catchment Info

—
4.8 / 10

Distance

2.63 KM

Ecole Glenbrook Middle School

Public

Grades Served

—

Catchment Info

—
6.5 / 10

Distance

2.90 KM

Al-Hidayah School

Independent

Grades Served

—

Catchment Info

—
4.0 / 10

Distance

2.90 KM

Compass Christian New West

Independent

Grades Served

—

Catchment Info

—
6.4 / 10

Distance

2.93 KM

Pre-computed routes from 507 7579 16th St, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Edmonds → Waterfront
    35 min
  • Metrotown, Burnaby via Edmonds → Metrotown
    17 min
  • SFU Burnaby via Edmonds → Production Way
    27 min
  • Richmond Centre via Edmonds → Brighouse
    60 min
  • YVR Airport via Edmonds → YVR-Airport
    61 min

By car (off-peak)

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

Calculate your commute

507 7579 16th St, Burnaby, BC is ideally located for commuters. The property is 0.7 km from Edmonds, with a 35 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound 14 Ave @ 15 St (0.18 km). Walk Score Transit rating: Excellent Transit (77/100).

Walkability & Transit Near 507 7579 16th Street

Walk Score Badge
Car-Dependent 73

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 77

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
69

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 507 7579 16th Street

/month
Principal & Interest
Property Taxes $162
Maintenance fee 283.93
Based on a 30-year fixed at 4% interest with 20% down ($113,000), the estimated monthly payment for this listing is $2,604/month — $2,158 principal & interest, $162 property tax, $284 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
At an estimated rental income of $2,060/month, this property runs a $600/month shortfall after mortgage and carrying costs. Break-even requires approximately 43% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 507 7579 16th Street, 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 — Edmonds BE, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $565,000
Burnaby Loading...
Edmonds BE Loading...

Based on 27 comparable active apartments/condos in Edmonds BE, the average asking price is $579,511. This listing is priced 2.5% 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 507 7579 16th Street

Walk Score Badge
Car-Dependent 73

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 77

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
69

Bike Score - Bikeable

Some bike infrastructure

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