Home Burnaby, BC East Burnaby 8023 16th Avenue

8023 16th Ave, Burnaby BC - Single Family Residence for Sale - MLS# R2845597

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Listing updated: Jul 1, 2025 at 11:05am

EstateBlock checked: Sep 28, 2026 at 11:45pm

5 Beds

6 Baths

2730 sqft

878 $ /sqft

2019 built

Closed

VERIFIED ACCOUNT REQUIRED

This property sold for

$●●●,●●●

Listing updated: Jul 1, 2025 at 11:05am

EstateBlock checked: Sep 28, 2026 at 11:45pm

Photo

VERIFIED ACCOUNT REQUIRED

Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Public Schools

Elementary
Second Street Community School: Average 0.3 km 5.3/10
Secondary
Cariboo Hill Secondary School: 1.29 km

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

Private Schools

Elementary
John Knox Christian School: Above Average 0.64 km 9.2/10
Secondary
St.Thomas More Collegiate: 1.3 km

Closest Transit

Bus Stop
Northbound 6th St @ 15 Ave: 0.35 km
Skytrain
Skytrain @ Edmonds Stn: 2.64 km

Crime Rate

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

Demographics

Post-Secondary Education: Below Average 26.7%
No Certificate/Degree: Above Average 18%
Owner Occupied: Below Average 58.8%
Employment Rate: Above Average 71.9%

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

54 / 100

Overall sell-speed score

Moderate pace expected

—

Price competition grade

No comparable data

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.64 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 EAST BURNABY compares

This property

175 DOM

Slower than area

East Burnaby avg

27 DOM

Average

Burnaby avg

27 DOM

Faster market

8023 16th Avenue has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Balanced Market with a sales-to-active ratio of 18.5% and an area average of 27 days on market — conditions are balanced. With only 54 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 1R6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3N 1R6, 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 B / Good

Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~2.5 km). Annual avg AQHI 0 — 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 (25 nearby)

Lucent family eye care · 339 m · Optician
Care first pharmacy · 363 m · Pharmacy
Money's · 368 m · Hairdresser

Restaurants (21 nearby)

Indian bombay bistro · 339 m · Restaurant
Lr pizza & curry · 367 m · Fast Food
Scott hill pizza · 367 m · Fast Food

Groceries (12 nearby)

Shree supermarket · 344 m · Supermarket
Sabzi mandi supermarket · 367 m · Greengrocer
Baker's marvel · 369 m · Bakery

Cafes (5 nearby)

Handworks coffee studio · 460 m · Cafe
Tim hortons · 653 m · Cafe
Hiel cafe · 688 m · Cafe

Healthcare (3 nearby)

Care first pharmacy · 363 m · Healthcare
Burnaby square pharmacy · 663 m · Healthcare
Drugland pharmacy · 782 m · Healthcare

Transit (1 nearby)

Bus stop northbound 8th st @ 10 ave · 977 m · Transit

Schools NearBy

30 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
John Knox Christian - Elementary Campus	Independent	Grades Served —	Catchment Info —	9.3 / 10	Distance 623 m
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 694 m
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 955 m
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 976 m
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info —	6.7 / 10	Distance 1.04 KM
F W Howay Elementary	Public	Grades Served —	Catchment Info —	7.8 / 10	Distance 1.24 KM
Cariboo Hill Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.3 / 10	Distance 1.29 KM
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 1.29 KM
Lakeview Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 1.31 KM
Herbert Spencer Elementary School	Public	Grades Served K-5	Catchment Info —	6.9 / 10	Distance 1.40 KM
Ecole Glenbrook Middle School	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 1.50 KM
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info —	5.7 / 10	Distance 1.60 KM
Armstrong Elementary	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 1.78 KM
Buckingham Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.08 KM
Morley Elementary School	Public	Grades Served K-7	Catchment Info —	4.4 / 10	Distance 2.10 KM
Skwo:wech	Public	Grades Served —	Catchment Info —	7.2 / 10	Distance 2.11 KM
Lord Tweedsmuir Elementary	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 2.43 KM
Al-Hidayah School	Independent	Grades Served —	Catchment Info —	4.0 / 10	Distance 2.44 KM
Fraser River Middle	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 2.44 KM
New Westminster Online Schools	Public	Grades Served —	Catchment Info —	0	Distance 2.46 KM
Royal City Alternate Program	Public	Grades Served 8-11	Catchment Info —	0	Distance 2.49 KM
John Knox Christian - Secondary Campus	Independent	Grades Served —	Catchment Info —	9.2 / 10	Distance 2.49 KM
Compass Christian New West	Independent	Grades Served —	Catchment Info —	6.4 / 10	Distance 2.53 KM
St.Michaels School	Independent	Grades Served K-7	Catchment Info —	0	Distance 2.65 KM
Brantford Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.76 KM
St. Francis de Sales	Independent	Grades Served K-7	Catchment Info —	8.7 / 10	Distance 2.77 KM
POWER Alternate Secondary School	Public	Grades Served 10-12	Catchment Info —	4.8 / 10	Distance 2.80 KM
Purpose Independent Secondary School	Independent	Grades Served 8-12	Catchment Info —	4.0 / 10	Distance 2.88 KM
Home Learners Program	Public	Grades Served —	Catchment Info —	10.0 / 10	Distance 2.94 KM
Taylor Park Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.99 KM

Pre-computed routes from 8023 16th Ave, Burnaby, BC

8023 16th Ave, Burnaby, BC Edmonds 2.6 km

58 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Edmonds → Waterfront
58 min
Metrotown, Burnaby via Edmonds → Metrotown
40 min
SFU Burnaby via Edmonds → Production Way
50 min
Richmond Centre via Edmonds → Brighouse
83 min
YVR Airport via Edmonds → YVR-Airport
84 min

By car (off-peak)

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

Calculate your commute

8023 16th Ave, Burnaby, BC is ideally located for commuters. The property is 2.6 km from Edmonds, with a 58 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound 6th St @ 15 Ave (0.35 km).

Mortgage Calculator for 8023 16th Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $545

Maintenance fee 0

Based on a 30-year fixed at 4% interest with 20% down ($479,600), the estimated monthly payment for this listing is $9,704/month — $9,159 principal & interest, $545 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: Jul 1, 2025

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

At an estimated rental income of $6,891/month, this property runs a $3,028/month shortfall after mortgage and carrying costs. Break-even requires approximately 47% down.

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

Estateblock Rent Estimate for 8023 16th 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.