901 7388 Kingsway, Burnaby, BC, MLS® R3042417

$575,000
Est. Mortgage /mo

$575,000
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
$ 341.28 Maint. Fee
609 sqft
2020 built
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Map
Street view
Schools
Crime
Commute
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901 7388 Kingsway, Burnaby, BC | MLS® R3042417 Property Details

Welcome to Kings Crossing by Cressey Development an architectural statement where refined living meets urban convenience. This luminous 1 Bed 1 Bath home, offers high ceilings, & a private balcony overlooking the beautiful garden courtyard. Thoughtfully designed with year-round comfort in mind, it is enhanced by AC and expansive windows that bathe the home in natural light. At the heart of the home lies the signature Cressey Kitchen — a culinary masterpiece boasting quartz countertops, a sleek double fridge, gas cooktop, and built-in wall oven, curated for those who value both form and function. Residents are immersed in resort-inspired amenities, including a 2 Level fitness centre, indoor basketball & squash courts, sauna & steam rooms, a rooftop garden retreat and much more. Call today

General Info

Price $575,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 609
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2020
Age Of Building 5
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Recreation Facilities, Concierge, Caretaker, Maintenance Grounds, Gas, Heat, Hot Water, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3042417
Area Burnaby East
Neighbourhood Edmonds BE
City Burnaby
Gross Taxes $1,738.42
Ownership Type Freehold Strata
Maintenance Fee $341.28
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Recreation Facilities, Concierge, Caretaker, Maintenance Grounds, Gas, Heat, Hot Water, Management

Heating & Cooling

Fireplace -
Heating Type Heat Pump
Cooling Central Air

Utilities

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

Parking

Parking Type Garage Under Building, Lane Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning APT
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
Interior Features Elevator
Locker 1
View -
View Description -
Units In Development 258
Exterior Features Playground, Balcony
Sewer Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Oakwyn Realty Northwest & Oakwyn Realty Northwest & Oakwyn Realty Northwest

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 901 7388 Kingsway, Burnaby, BC, a vibrant community with a mix of family-friendly neighborhoods and urban amenities. As your trusted realtor, I'm excited to share with you the unique features and benefits of this area.

Education

First, let's talk about the schools. Morley Elementary School, located just 1.08 km from 901 7388 Kingsway, has a reputation for its caring teachers and engaging curriculum. According to our research, the school has a rating of No Rating, but families love this area because of its proximity to top-notch educational institutions. In fact, Byrne Creek Community School is just a short walk away, and Our Lady of Mercy School, an independent elementary school, is highly rated with a 10/10 rating, located 1.04 km from this home. For secondary education, St. Thomas More Collegiate is a top choice, with a No Rating, but located conveniently close to this address.

Safety

When it comes to safety, statistics show that the area around 901 7388 Kingsway has a Below Average crime rate compared to other Canadian cities, with 6,145.56 incidents per 100,000 population in 2020. According to Statistics Canada's 2020 report, the neighborhood experienced a -11.13% year-over-year decrease in crime rates. This means you can enjoy peace of mind, knowing that the area is generally safe.

Demographics

Let's take a closer look at the demographics of the area. With a median household income of $61,120, which is Below Average compared to the British Columbia average, you'll find a mix of families and professionals living in this community. In fact, 25.8% of residents hold a university certificate or degree, which is Above Average in comparison to other BC neighborhoods. However, 16.3% of the population has no certificate or degree, which is Below Average.

Transit

Convenience is key when it comes to transportation. The Eastbound Edmonds St @ Linden Ave bus station is just 0.1 km away from 901 7388 Kingsway, making it easy to get around the city. With a 6.9% unemployment rate, which is Below Average compared to other provinces, you can feel confident in your career prospects.

Lifestyle Amenities

Now, let's talk about the lifestyle amenities that make this area so attractive. With an average dwelling value of $881,914, which is High compared to other areas in British Columbia, you'll have access to a range of amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The average family size in the area is 3.1, which is Above Average, and 73.6% of families have children, making it an ideal place to raise a family.

Real Estate Context

As a homeowner in this area, you can expect to pay an average owner payment of $1,745 per month, which is High compared to other cities. However, tenants are paying an average of $1,090 per month, which is Average. With a 54.6% renter population, which is High compared to other BC cities, you'll have a range of options to choose from.

Additional Insights

In addition to the above information, I'd like to highlight a few more insights about the area. With a population density per square kilometer of 6,158.9, which is High, you'll experience a lively community atmosphere. The average age of the population is 37.4, which is Low compared to other BC cities, indicating a youthful and vibrant community. The unemployment rate is 6.9%, which is Below Average, and the population change between 2011 and 2016 was -0.4%, which is Below Average.

Conclusion

In conclusion, 901 7388 Kingsway, Burnaby, BC, MLS® R3042417, offers a unique blend of family-friendly neighborhoods, urban amenities, and excellent educational institutions. With a Below Average crime rate, a mix of families and professionals, and a range of lifestyle amenities, this area is an attractive choice for anyone looking for a vibrant community to call home.

I hope this information has been helpful in giving you a better understanding of the area. If you have any further questions or would like to schedule a viewing, please don't hesitate to contact me.

Best regards,

[Your Name]

Realtor, [Your Company]

[Your Contact Information]

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 $575,000
Burnaby $618,915
Edmonds BE $676,400
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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