309 7588 16th St, Burnaby, BC, MLS® R3077240

$718,000
Est. Mortgage /mo

$718,000
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
2 Beds
2 Baths
1 Stories
$ 374.1 Maint. Fee
783 sqft
2023 built
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Schools
Crime
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309 7588 16th St, Burnaby, BC | MLS® R3077240 Property Details

Welcome to Cedar Creek by Ledingham McAllister, a proud addition to Burnaby’s fast-growing Southgate community — where modern living meets thoughtful urban design. Built by one of BC’s most reputable developers with over a century of proven excellence, Cedar Creek reflects the craftsmanship and reliability that homeowners trust. This 2-bedroom, 2-bathroom home features a highly functional floor plan with generous living spaces and 9-foot ceilings, creating an airy, open feel ideal for both relaxing and entertaining. Nestled in a vibrant master-planned neighbourhood, residents enjoy tree-lined walkways, new parks, and convenient access to the Edmonds SkyTrain, making Southgate one of Burnaby’s most exciting up-and-coming destinations. 1 EV parking stall and 6'x4' storage. OPENHOUSE: sun 2-4

General Info

Price $718,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 783
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2023
Age Of Building 3
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3077240
Area Burnaby East
Neighbourhood Edmonds BE
City Burnaby
Gross Taxes $2,212.14
Ownership Type Freehold Strata
Maintenance Fee $374.1
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Underground, Guest, Rear Access, Concrete
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Zoning CD
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Carpet
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View Description -
Units In Development -
Exterior Features Garden, Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Sutton Group - 1st West Realty & Sutton Group - 1st West Realty

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
0.67 km
Elementary
Stride Avenue Community School
0.49 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
0.94 km
10/10
Excellent
Secondary
St.Thomas More Collegiate
0.79 km

Closest Transit

Bus Stop
Westbound 14 Ave @ 15 St
0.14 km
Skytrain
Skytrain @ Edmonds Stn
0.76 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 309 7588 16th Street in the vibrant community of Burnaby, BC. As your trusted realtor, I'm excited to share with you the excellent features of this property. Let's start with the schools that serve this area.

Located just a short 0.49 km from home is Stride Avenue Community School, which has a strong reputation for providing quality education. Families love this area because of the school's excellent rating and the short walking distance to campus. In addition to Stride Avenue Community School, this home is also serviced by Byrne Creek Community School, which is just 0.67 km away.

For families looking for a private school option, Our Lady of Mercy School is just a 0.94 km away from 309 7588 16th Street. This school boasts an impressive 10/10 rating and provides an excellent education for its students. St. Thomas More Collegiate, a secondary independent school, is also nearby, with a location just 0.79 km from home.

Now, let's talk about the safety of the area. According to the latest crime data from Statistics Canada (2020), this neighborhood has a below-average crime rate, with 15,851 incidents reported in the area. The overall crime rate near 309 7588 16th Street is 6,145.56, which is significantly lower than the national average. This means that you can feel safe and secure in this community.

In terms of demographics, 33.6% of residents in this area have a university certificate or degree, which is a high percentage compared to other BC neighborhoods. On the other hand, 12.9% of the population in this area have no certificate or degree, which is below average compared to the rest of the province.

The median household income in this area is $69,427, which is average compared to other areas in British Columbia. However, the median personal income is $29,472, which is below average compared to the rest of the province. The area also has a high percentage of households with a mortgage, with 79.9% of homes being owner-occupied.

In terms of transportation, the area is well-connected, with a bus station just 0.14 km away from home. The Westbound 14 Ave @ 15 St bus stop is a convenient option for commuters, making it easy to get around the city.

Now, let's talk about the lifestyle amenities in the area. This home is close to several parks, beaches, and trails, making it an ideal location for outdoor enthusiasts. The area also has a variety of shopping malls, grocery stores, restaurants, and coffee shops, providing plenty of options for shopping and dining.

In terms of real estate, the average dwelling value in this area is $581,353, which is high compared to other areas in British Columbia. The average owner payments are also high, with homeowners spending an average of $1,588 per month on their mortgage. Tenants, on the other hand, pay an average of $1,232 per month, which is above average compared to other cities.

Finally, let's talk about the transportation options in the area. 38.2% of residents use public transportation, which is a high percentage compared to other areas. 58% of residents use cars, which is a low percentage compared to other areas. Only 0.2% of residents use bicycles, and 2.7% of residents walk, which is below average.

In conclusion, 309 7588 16th Street in Burnaby, BC is an excellent choice for families and individuals looking for a safe, convenient, and well-connected community. With excellent schools, a low crime rate, and a variety of lifestyle amenities, this home offers the perfect blend of quality and convenience. As your trusted realtor, I highly recommend this property to anyone looking for a great place to call 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 $718,000
Burnaby $851,018
Edmonds BE $797,638
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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