$725,000
418 7588 16th St, Burnaby, BC
$699,900
Est. Mortgage /mo
MLS® R3085447 · Cedar Creek
2
Beds
2
Baths
782
sqft
895
$
/sqft
380.04
$
Maint. fee
2023
built
Property Details & Specs
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.
Property Timeline
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.
Neighborhood & Transit 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
- Above Average
- 0.94 km
- 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
Local Info
Estimated Mortgage Calculator
/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.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated 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.
Home Price Evaluation Chart
This Home
$699,900
Burnaby
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Edmonds BE
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64 comparable Apartment/Condos are currently active in Edmonds BE, with a median asking price of $792,534. This property is listed 11.7% below the local average and 17.7% below the Burnaby 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 Price Comparision
This house
$1,400,000
Surrey
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
Property FAQs
What are the closest top-rated schools to 418 7588 16th Street, Burnaby, BC?
The closest top-rated schools are Byrne Creek Community School and Stride Avenue Community School.
Is 418 7588 16th Street, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 418 7588 16th Street, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $4,199.
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
