418 7588 16th St, Burnaby BC - Apartment/Condo for Sale - MLS# R3114046

$699,900
Est. Mortgage $3,096/mo
Cedar Creek
2 Beds
2 Baths
782 sqft
895 $ /sqft
380.04 $ Maint. fee
2023 built
$699,900
Est. $3,096/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 418 7588 16th Street

Discover modern living at Cedar Creek Signature by Ledingham McAllister. This bright 2-bedroom, 2-bathroom home offers an open-concept layout with 9' ceilings, quartz countertops, stainless-steel appliances, and generous living space filled with natural light. Enjoy a private balcony, one secure parking stall, and a storage locker. Residents have access to excellent amenities including a fitness centre, guest suite, car wash, bike storage, and community garden. Ideally located in the vibrant Edmonds neighbourhood—just under a 10-minute walk to SkyTrain—and steps to shops, parks, and schools. Situated next to the master-planned South Gate City community, this home offers exceptional urban convenience and lifestyle.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Guest Suite
Fireplace 0
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $699,900
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 782
Year Built 2023
Age Of Building 3
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Building Name Cedar Creek
Ownership Type Freehold Strata
Maintenance Fee $380.04
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Utility Type Electricity Connected, Water Connected
Utility Sewer Community, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Rental Suites None
Units In Development 261

Lot & Land

MLS® # R3114046
Area Burnaby East
Neighbourhood Edmonds BE
City Burnaby
Postal Code V3N 0H8
Gross Taxes $2,221.07
Zoning RM4

Property Timeline

Status Date Price
R3114046 / Active 04-21-2026 $699,900
Rooms
Floor Type Dimensions
Main Level Living Room 10'6 x 10'6 ft
Main Level Dining Room 11'4 x 11'4 ft
Main Level Kitchen 11'3 x 11'3 ft
Main Level Primary Bedroom 9'8 x 9'8 ft
Main Level Walk-In Closet 3'8 x 3'8 ft
Main Level Bedroom 9'2 x 9'2 ft
Main Level Foyer 5'3 x 5'3 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #3

Listed by: Stonehaus Realty Corp. & Stonehaus Realty Corp.

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.

Map & Neighbourhood

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
Above Average
0.94 km
10/10
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

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 418 7588 16th Street

Mortgage Calculator for 418 7588 16th Street

/month
Principal & Interest
Property Taxes $185
Maintenance fee 0
Financing 80% of the $699,900 asking price over 30 years at 4% results in approximately $3,238/month in total estimated carrying costs, $185 property tax, $380 maintenance fee.
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%
This listing generates an estimated $2,615/month in rental income, leaving a -$680/month cashflow at current carrying costs. Investors targeting break-even would need roughly 41% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Edmonds BE, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $699,900
Burnaby Loading...
Edmonds BE Loading...

Based on 76 comparable active apartments/condos in Edmonds BE, the average asking price is $756,694. This listing is priced 7.5% below the neighbourhood average.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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