7240 16th Ave, Burnaby BC - Single Family Residence for Sale - MLS# R3023636

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Listing updated:
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3 Beds
1 Baths
1540 sqft
1168 $ /sqft
1918 built
Closed
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This property sold for
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Listing updated:
EstateBlock checked:

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Sold price & sold date
Original list price & price changes
Full photo gallery - 40 photos
Days on market & listing history

Map & Neighbourhood

Public Schools

Elementary
Stride Avenue Community School
0.62 km
Secondary
Byrne Creek Community School
0.85 km

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

Private Schools

Elementary
Our Lady of Mercy School
0.96 km
Secondary
St.Thomas More Collegiate
0.8 km

Closest Transit

Bus Stop
Westbound 14 Ave @ 15 St
0.2 km
Skytrain
Skytrain @ Edmonds Stn
0.81 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

40 / 100
Overall sell-speed score
May take longer
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.81 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
341 DOM
Slower than area
Edmonds BE avg
66 DOM
Average
Burnaby avg
66 DOM
Faster market

7240 16th Avenue has a sell-speed score of 40/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 7.4% and an area average of 66 days on market — buyers have more leverage. With only 54 competing homes currently listed, this property has moderate competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3N 1N5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3N 1N5, 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 (~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 (42 nearby)

  • Sala floral · 340 m · Florist
  • F45 · 343 m · Clothes
  • Gulf & fraser · 371 m · Bank

Restaurants (40 nearby)

  • Pizza hut · 345 m · Restaurant
  • Arisu authentic korean bbq · 385 m · Restaurant
  • Noodlebox · 396 m · Restaurant

Groceries (18 nearby)

  • Cobs bread · 395 m · Bakery
  • Pricesmart foods · 420 m · Supermarket
  • Grand food mart · 448 m · Supermarket

Cafes (9 nearby)

  • Waves coffee house · 393 m · Cafe
  • Macao imperial tea · 419 m · Cafe
  • Mostafa coffee house · 546 m · Cafe

Healthcare (3 nearby)

  • Edmonds pharmacy · 400 m · Healthcare
  • Shoppers drug mart · 601 m · Healthcare
  • Apoteka pharmacy · 754 m · Healthcare

Transit (2 nearby)

  • Skytrain @ edmonds stn station · 810 m · Transit
  • Bus stop eastbound edmonds st @ new vista place · 982 m · Transit

Gyms (1 nearby)

  • Fred randall pool · 626 m · Gym

Schools NearBy

29 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

837 m

Twelfth Avenue Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

1.12 KM

Taylor Park Elementary School

Public

Grades Served

K-7

Catchment Info

7.7 / 10

Distance

1.18 KM

Lord Tweedsmuir Elementary

Public

Grades Served

Catchment Info

6.1 / 10

Distance

1.19 KM

St. Francis de Sales

Independent

Grades Served

K-7

Catchment Info

8.7 / 10

Distance

1.34 KM

Morley Elementary School

Public

Grades Served

K-7

Catchment Info

4.4 / 10

Distance

1.38 KM

Connaught Heights Elementary

Public

Grades Served

Catchment Info

6.9 / 10

Distance

1.47 KM

Lord Kelvin Elementary School

Public

Grades Served

K-5

Catchment Info

5.7 / 10

Distance

1.47 KM

New Westminster Secondary School

Public

Grades Served

9-12

Catchment Info

6.7 / 10

Distance

1.50 KM

Sigma

Public

Grades Served

Catchment Info

4.6 / 10

Distance

1.59 KM

New Westminster Continuing Education

Public

Grades Served

Catchment Info

6.7 / 10

Distance

1.63 KM

Brantford Elementary School

Public

Grades Served

K-7

Catchment Info

7.7 / 10

Distance

1.64 KM

Lakeview Elementary School

Public

Grades Served

K-7

Catchment Info

7.4 / 10

Distance

1.66 KM

Windsor Elementary School

Public

Grades Served

K-7

Catchment Info

5.5 / 10

Distance

1.96 KM

Buckingham Elementary School

Public

Grades Served

K-7

Catchment Info

7.4 / 10

Distance

2.01 KM

Clinton Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.13 KM

John Knox Christian - Secondary Campus

Independent

Grades Served

Catchment Info

9.2 / 10

Distance

2.26 KM

Our Lady of Mercy

Independent

Grades Served

Catchment Info

10.0 / 10

Distance

2.29 KM

Glenwood Elementary School

Public

Grades Served

K-7

Catchment Info

5.4 / 10

Distance

2.38 KM

John Knox Christian - Elementary Campus

Independent

Grades Served

Catchment Info

9.3 / 10

Distance

2.41 KM

Burnaby South Secondary

Public

Grades Served

Catchment Info

5.2 / 10

Distance

2.57 KM

Herbert Spencer Elementary School

Public

Grades Served

K-5

Catchment Info

6.9 / 10

Distance

2.57 KM

Royal City Alternate Program

Public

Grades Served

8-11

Catchment Info

0

Distance

2.62 KM

Fraser River Middle

Public

Grades Served

Catchment Info

5.8 / 10

Distance

2.68 KM

POWER Alternate Secondary School

Public

Grades Served

10-12

Catchment Info

4.8 / 10

Distance

2.75 KM

Ecole Glenbrook Middle School

Public

Grades Served

Catchment Info

6.5 / 10

Distance

2.85 KM

Al-Hidayah School

Independent

Grades Served

Catchment Info

4.0 / 10

Distance

2.96 KM

F W Howay Elementary

Public

Grades Served

Catchment Info

7.8 / 10

Distance

2.96 KM

Compass Christian New West

Independent

Grades Served

Catchment Info

6.4 / 10

Distance

2.99 KM

Pre-computed routes from 7240 16th Ave, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Edmonds → Waterfront
    36 min
  • Metrotown, Burnaby via Edmonds → Metrotown
    18 min
  • SFU Burnaby via Edmonds → Production Way
    28 min
  • Richmond Centre via Edmonds → Brighouse
    61 min
  • YVR Airport via Edmonds → YVR-Airport
    62 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
    18 min
  • YVR Airport via Bridgeport / Sea Island
    20 min

Calculate your commute

7240 16th Ave, Burnaby, BC is ideally located for commuters. The property is 0.8 km from Edmonds, with a 36 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound 14 Ave @ 15 St (0.2 km). Walk Score Transit rating: Excellent Transit (77/100).

Walkability & Transit Near 7240 16th Avenue

Walk Score Badge
Car-Dependent 78

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
70

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 7240 16th Avenue

/month
Principal & Interest
Property Taxes $556
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($359,800), the estimated monthly payment for this listing is $7,427/month — $6,871 principal & interest, $556 property tax.
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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $4,488/month, this property runs a $3,126/month shortfall after mortgage and carrying costs. Break-even requires approximately 57% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 7240 16th 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 — Edmonds BE, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home
Burnaby Loading...
Edmonds BE Loading...
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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

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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 7240 16th Avenue

Walk Score Badge
Car-Dependent 78

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
70

Bike Score - Very Bikeable

Biking is convenient for most trips

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