$668,000
9.0% price reduction
514 7588 16th St, Burnaby, BC
$608,000
Est. Mortgage /mo
MLS® R3072979 · Cedar Creek Signature Collection
1
Beds
1
Baths
627
sqft
970
$
/sqft
297.24
$
Maint. fee
2023
built
Property Details & Specs
9.0% price reduction
Sub-penthouse level 1 Bed + Flex at Cedar Creek Signature. Best value in this quality building by trusted developer Ledingham McAllister, in the heart of Edmonds, Burnaby. This bright and modern 627 sq.ft. home features a spacious open kitchen, dining area that seats 4! & living area, full-size S/S appliances, cheater ensuite, front-load washer/dryer, blinds, and an extra-large covered balcony perfect for BBQs or relaxing. Flex space is ideal for a home office or extra storage. Great amenities: gym, guest suite, playground, car wash, bike repair. Pet friendly (w/restrictions). Walk to SkyTrain (under 10 mins) , shops, parks & schools! Good school network, close to Lady of Mercy and St. Thomas Moore. Located next to the masterplanned community of "South Gate City". OH Mar1 (Sun)1:15-4:15pm
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 11' x 11' ft |
| Main Level | Dining Room | 11'4 x 11'4 ft |
| Main Level | Kitchen | 7'5 x 7'5 ft |
| Main Level | Primary Bedroom | 9'11 x 9'11 ft |
| Main Level | Den | 5'5 x 5'5 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
Listed by: Royal Pacific 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
$155
Maintenance fee
0
Financing 80% of the $608,000 asking price over 30 years at 4% results in approximately $2,774/month in total estimated carrying costs, $155 property tax, $297 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 $2,272/month in rental income, leaving a -$551/month cashflow at current carrying costs. Investors targeting break-even would need roughly 39% 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
$608,000
Burnaby
Loading...
Edmonds BE
Loading...
39 comparable Apartment/Condos are currently active in Edmonds BE, with a median asking price of $588,740. This property is listed 3.3% above the local average and 3.1% above the Burnaby average. This property is flagged as a Hot Deal (9.0% price reduction) based on its competitive pricing and market demand.
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 514 7588 16th Street, Burnaby, BC?
The closest top-rated schools are Byrne Creek Community School and Stride Avenue Community School.
Is 514 7588 16th Street, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 514 7588 16th Street, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $3,648.
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Earn Cashback
Potential Cashback for this listing if you buy with us
Login to track your cashback progress
Buy with us & save on this property
More Listings in This Building
Book a tour
Please complete the form. We will make the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Copyright © 2013 - 2026 EstateBlock.com. All Rights Reserved. Renanza Realty Inc.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
