522 7588 16th St, Burnaby, BC, MLS® R3035985

$799,999
Est. Mortgage /mo

$799,999
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
$ 389.75 Maint. Fee
832 sqft
2023 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

522 7588 16th St, Burnaby, BC | MLS® R3035985 Property Details

Discover urban elegance at the Cedar Creek Signature collection, proudly developed by Ledingham McAllister, 2 bed 2 bath, Spacious 832sq. ft. Corner unit is centrally located near Edmonds Skytrain, Metrotown, Highgate shopping center, schools and parks. Close to the future masterpiece community plan of Southgate city. This home features 9' high ceiling, with an expansive open concept kitchen, dining and living room, includes a full size s/s appliance package, front-loading washer/dryer, blinds, expansive windows and a spacious balcony, 1 parking secured, 1 storage locker, Building amenities are guest suite, gym, car wash area, bicycle area, & community garden. Rentals allowed, and pets friendly. 2-5-10 NHW WARRANTY. Contact to book your private viewing!

General Info

Price $799,999
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 832
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2023
Age Of Building 2
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Clubhouse, Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R3035985
Area Burnaby East
Neighbourhood Edmonds BE
City Burnaby
Gross Taxes $2,219.1
Ownership Type Freehold Strata
Maintenance Fee $389.75
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal

Heating & Cooling

Fireplace 0
Heating Type Electric

Utilities

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

Parking

Parking Type Underground
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns,Smoking Restrictions
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions -
Zoning -
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
Interior Features Elevator, Guest Suite, Storage
Locker 1
View 1
View Description CITY
Units In Development -
Exterior Features Garden, Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Torch-On

Property History

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Status Date Price
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Listed by: JB Elite Group Realty & JB Elite Group 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
No Rating
Elementary
Stride Avenue Community School
0.49 km
No Rating

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
Rating 10/10
Secondary
St.Thomas More Collegiate
0.79 km
No Rating

Closest Transit

Translink
Westbound 14 Ave @ 15 St
0.14 km

Welcome to 522 7588 16th Street, a beautiful property located in the heart of Burnaby, BC. As your trusted realtor, I'm excited to share with you the wonderful features of this home and the surrounding community.

Schools

Just down the road, you'll find Stride Avenue Community School, a highly-rated institution that's a mere 0.49 km from this property. According to the latest data, Stride Avenue Community School has a rating of No Rating. This school is a great option for families, and I'm happy to report that many of our clients have been impressed with the school's commitment to providing a high-quality education.

In addition to Stride Avenue Community School, this property is also serviced by Byrne Creek Community School, which is located just 0.67 km away. Like Stride Avenue, Byrne Creek has a rating of No Rating. Both schools are well-established and respected in the community, and I'm confident that you'll find them to be excellent choices for your family.

For those seeking a more specialized educational experience, Our Lady of Mercy School is the closest elementary independent school to this property, boasting a stellar rating of 10/10. Located just 0.94 km from this home, Our Lady of Mercy is a popular choice among families who value a strong Catholic education. And for secondary education, St. Thomas More Collegiate is the closest option, with a rating of No Rating. This school is located just 0.79 km from this property and offers a comprehensive curriculum that prepares students for success in higher education.

Crime

According to the latest crime statistics from Statistics Canada (2020), the neighborhood surrounding this property has a crime rate of 6,145.56, which is classified as Below Average compared to other Canadian cities. This is a testament to the safe and secure nature of this community. Additionally, the rate of property crimes in this neighborhood is Average, while the rate of violent crimes is Low, with a ranking of 893.28. This is a great reassurance for families and individuals looking for a peaceful place to call home.

Demographics

The demographics of this neighborhood are diverse and vibrant. According to the latest census data, 33.6% of residents in this area hold a university certificate or degree, which is High compared to other BC neighborhoods. This suggests a strong emphasis on education and personal development in this community. Additionally, the median household income in this area is $69,427, which is Average compared to the British Columbia average. This provides a good balance between affordability and economic stability.

Transit

Convenience is key in this neighborhood, with a bus station located just 0.14 km away from this property. The Westbound 14 Ave @ 15 St bus stop is easily accessible and provides a reliable connection to the rest of the city.

Lifestyle Amenities

This property is surrounded by a range of lifestyle amenities that cater to diverse interests and preferences. Residents can enjoy easy access to parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals, making it an ideal location for those who value a balanced lifestyle.

Real Estate Context

The real estate market in this area is thriving, with an average dwelling value of $581,353, which is High compared to other areas in British Columbia. This suggests a strong demand for properties in this neighborhood, making it a great investment opportunity for those looking to buy or sell a home.

Additional Insights
  • 79.9% of households in this area have a mortgage, which is High compared to other neighborhoods.
  • The median personal income in this area is $29,472, which is Below Average compared to the BC average.
  • Unemployment rates in this area are 6.8%, which is Below Average compared to other province neighborhoods.
  • Population growth in this area between 2011 and 2016 was 22.4%, which is High compared to average growth rates.

In conclusion, 522 7588 16th Street is a wonderful property that offers a unique blend of comfort, convenience, and community spirit. With its excellent schools, safe and secure neighborhood, diverse demographics, and easy access to lifestyle amenities, this property is an excellent choice for families, professionals, and individuals alike. If you're looking for a home that offers the best of Burnaby, BC, I highly recommend considering this property with MLS# R3035985.

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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 $799,999
Burnaby $885,510
Edmonds BE $846,297
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
Thank you Your message has been sent

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