Property Type: Condo / ApartmentOwnership: Strata

311 6968 ROYAL OAK AVENUE

Burnaby, BC V5J4J2

$658,800

2 bed2 bath1 parking772 sqftBuilt 2021
Get Directions

Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment
Frontage
0 feet

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$318/mo
Annual property tax
$2,222.05 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3106823
Listed
April 3, 2026
Time on market
On the market for 151 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Magsen Realty Inc. · Data source: CREA DDF.

Description

Welcome to Saavin Living! This spacious 2-bedroom home features an exceptional open-concept layout, a modern kitchen with stainless steel appliances and quartz countertops, generously sizd bedrooms, and a bright east-facing patio. Steps to Royal Oak SkyTrain, just 20 minutes to Downtown Vancouver, and a short walk to Metrotown with shopping, dining, and entertainment at your fingertips. Surrounded by parks, schools, and everyday essentials. Includes 1 parking stall and 1 storage locker. A must-see for buyers seeking style, convenience, and a prime location - don't miss this opportunity! Open House Aug 23, Sun 2:30 to 4pm (id:63159)

Values & Trends

This listing

$853/sqft

Building average

$829/sqft

2 active listing(s)

Burnaby average

$865/sqft

1019 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Burnaby

Monthly figures from the Fraser Valley Real Estate Board for Burnaby apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$704,600

Jul 2026

Average Sale Price

$660,187

Jul 2026

Monthly Sales

170

Jul 2026

Active Listings

1,097

Jul 2026

Sales-to-Active Ratio

16.0%

Jul 2026

Median Days to Contract

30 days

Jul 2026

MLS® HPI Benchmark Price

$805,900
$700,500
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Vancouver

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

249,125

(2021 Census)

+7% since 2016

Density: 2,750.6/km²

Dwellings: 107,046

Median household income: $83,000

After-tax: $73,500

Immigrant population: 50.4%

Top countries of origin (% of total population)

  • China12.4% · 30,860
  • Philippines4.5% · 11,235
  • Hong Kong4.4% · 11,010
  • Taiwan3.1% · 7,750
  • India3% · 7,540
  • Korea, South2.6% · 6,380
  • Viet Nam1.4% · 3,380
  • Iran1.3% · 3,210

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

63

7/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Burnaby South SecondarySecondary517 m
Burnaby Youth Hub Secondary ProgramElementary624 m
Nelson ElementaryElementary745 m
Maywood Community ElementaryElementary863 m
École Marlborough ElementaryElementary1.1 km
Windsor ElementaryElementary1.1 km
Clinton ElementaryElementary1.1 km
South Slope ElementaryElementary1.2 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Royal Oak Station @ Platform 140 m
Royal Oak Station @ Platform 251 m
Westbound Beresford St @ Royal Oak Ave69 m
Northbound Royal Oak Ave @ Sidley St301 m
Northbound Antrim Ave @ Victory St309 m

Nearby Places

Restaurants (5+)

  • Something Sweet · 6888 Royal Oak Avenue100 m
  • White Spot · 5550 Kingsway409 m
  • Kamamarui Ramen & Sushi · 6514 Royal Oak Avenue438 m
  • Maruhachi Ramen · 5278 Kingsway447 m
  • Boiling Point · 5276 Kingsway450 m

Cafes (5+)

  • Ki Tea House Cafe · 6888 Royal Oak Avenue55 m
  • D² Tea Lab · 6868 Royal Oak Avenue125 m
  • La Forêt · 6958 Palm Avenue127 m
  • Sweet Puffin · 5252 Imperial Street146 m
  • BenGong's Tea · 5308 Grimmer Street347 m

Grocery (5+)

  • Hannam Supermarket · 5609 Imperial Street452 m
  • Boemma Euro Foods & Deli · 5172 Kingsway468 m
  • Wholesale Club · 5335 Kingsway524 m
  • Ribbon · 5593 Kingsway551 m
  • Smart N Save Grocery & Cafe · 7600 Royal Oak Avenue644 m

Parks (5+)

  • BC Parkway161 m
  • Unnamed520 m
  • Lobley Park546 m
  • Lewarne Park591 m
  • Lewarne Park652 m

Gyms (4)

  • Fitness World · 5500 Kingsway381 m
  • Playground520 m
  • Uplift Fitness · 7542 Royal Oak Avenue568 m
  • Anytime Fitness · 7643 Royal Oak Avenue694 m

Pharmacies (5+)

  • Imperial Remedy's Rx Pharmacy · 5262 Imperial Street149 m
  • South Slope Pharmacy · 5203 Rumble Street611 m
  • London Drugs · 4970 Kingsway702 m
  • Bonsor Pharmacy & Medical Supplies717 m
  • Imperial Neighbourhood Pharmacy · 4648 Imperial Street775 m

Banks & ATMs (3)

  • Vancity · 5064 Kingsway594 m
  • RBC675 m
  • TD · 4994 Kingsway688 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,880) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$527,040.00
Periodic payment — Principal & Interest (monthly)$3,400.28
Additional monthly expenses (strata, tax, utilities, etc.)$542.16
Total monthly cost$3,942.44
Interest paid over 5-yr term$151,051.18
Balance at end of term$474,074.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,880
Stress test qualifying rate8.09%
Payment you must qualify for$4,751.59

Cash Needed at Closing

Minimum down payment$40,880
Estimated BC PTT$11,176
Legal / closing costs (typical estimate)$1,500
Total cash needed$53,556

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information