2506 7388 Kingsway, Burnaby, BC, MLS® R3079717

$658,000
Est. Mortgage /mo

$658,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
1 Beds
1 Baths
1 Stories
$ 372.31 Maint. Fee
655 sqft
2020 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

2506 7388 Kingsway, Burnaby, BC | MLS® R3079717 Property Details

Welcome to the coveted 06 floor plan at Kings Crossing by Cressey—a rare opportunity to own one of the building’s most efficient and spacious one-bedroom + den homes. This 655 sq ft residence is thoughtfully laid out with abundant storage, a functional island, and space for both dining and a generous living area. Floor-to-ceiling windows showcase unobstructed ocean, mountain, and city views, while premium European appliances, a beverage cooler, air conditioning, and beautiful finishes elevate everyday living. Step onto your balcony overlooking the city skyline and enjoy resort-style amenities including a two-level gym, indoor sports court, table tennis, sauna, steam room, and rooftop garden. Groceries, restaurants, shopping, and the community centre are all just steps away.

General Info

Price $658,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 655
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2020
Age Of Building 6
Building Type Apartment/Condo
Property Type Residential
Architecture Style Other
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Trash, Gas, Management, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3079717
Area Burnaby East
Neighbourhood Edmonds BE
City Burnaby
Gross Taxes $1,969.04
Ownership Type Freehold Strata
Maintenance Fee $372.31
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Trash, Gas, Management, Water
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air
Cooling Central Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Underground
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning CD
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Locker 1
View 1
View Description OCEAN, CITY & MOUNTAIN
Units In Development -
Exterior Features Playground, Balcony
Sewer Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Royal LePage Sussex

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.

Neighborhood Info

Public Schools

Secondary
Byrne Creek Community School
1.19 km
Elementary
Morley Elementary School
1.08 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
1.04 km
10/10
Excellent
Secondary
St.Thomas More Collegiate
0.88 km

Closest Transit

Bus Stop
Eastbound Edmonds St @ Linden Ave
0.1 km
Skytrain
Skytrain @ Edmonds Stn
1.01 km

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

Welcome to 2506 7388 Kingsway, Burnaby, BC, MLS® R3079717

As I walk you through this beautiful community, I'm excited to share with you the many amenities and features that make this home stand out. Located in the heart of Burnaby, this property is perfect for families and individuals alike.

Education

Let's start with the schools. The property is serviced by Morley Elementary School, which is just a 1.08 km walk away. Morley Elementary School has a rating of No Rating, but it's a great choice for families who value a close-knit community. Additionally, Byrne Creek Community School is also nearby, located just 1.19 km from the property. Our Lady of Mercy School, a highly-rated elementary independent school, is just 1.04 km away, while St. Thomas More Collegiate, a popular secondary independent school, is a short 0.88 km walk from the property.

Safety

According to Statistics Canada's 2020 report, the neighbourhood surrounding 2506 7388 Kingsway, Burnaby, BC, has a total crime rate of 6,145.56, which is considered Below Average compared to other Canadian cities. The rate is based on the number of incidents per 100,000 population. The year-over-year change in the total crime rate is -11.13%, which is a positive trend. Drug crime rates are also Below Average, with a rating of 126.78 and 327 incidents in 2020. Property crimes are Average, with a rating of 3,691.76 and 9,522 incidents in 2020. Violent crime rates are Low, with 893.28 incidents in 2020.

Transit

Getting around is easy in this neighbourhood. The closest Bus station is Eastbound Edmonds St @ Linden Ave, just 0.1 km away from the property with MLS® R3079717. Whether you need to commute to work or school, or just want to run errands, public transportation is convenient and accessible.

Demographics

The neighbourhood surrounding 2506 7388 Kingsway, Burnaby, BC, is a diverse and vibrant community. According to the 2020 census, 25.8% of the population has a university certificate or degree, which is Above Average compared to other BC neighbourhoods. However, 16.3% of the population has no certificate or degree, which is Below Average compared to the average in BC. The median household income is $61,120, which is Below Average compared to the British Columbia average. The median personal income is $23,936, which is Low compared to the BC average.

Community

This neighbourhood is a great place to call home, with a population density of 6,158.9 people per square kilometre, which is High. The average family size is 3.1, which is Above Average, and 73.6% of families have children, which is High. However, 55.3% of residents are married or living common law, which is Below Average. The average age of the population is 37.4, which is Low compared to other BC cities.

Real Estate

The average value of dwellings in this neighbourhood is $881,914, which is High compared to other areas in British Columbia. The average owner payments are High, with an average of $1,745 spent on the dwelling. Tenants are paying an average of $1,090, which is Average compared to other cities. 54.6% of the population are renters, which is High compared to other BC cities and areas.

Lifestyle

This neighbourhood offers a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby. The neighbourhood is also close to major highways and public transportation routes.

Conclusion

In conclusion, 2506 7388 Kingsway, Burnaby, BC, MLS® R3079717, is a fantastic opportunity to own a home in a vibrant and diverse community. With its proximity to schools, public transportation, and lifestyle amenities, this property is perfect for families and individuals alike. Don't miss out on this chance to make 2506 7388 Kingsway, Burnaby, BC, your home.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $658,000
Burnaby $608,429
Edmonds BE $621,633
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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