Property Type: Condo / ApartmentOwnership: StrataRECENTLY LISTED

317 7579 16TH STREET

Burnaby, BC V3N0H7

$738,000

2 bed2 bath1 parking854 sqftBuilt 2022
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Amenities

Gym

Also listed: Guest Suite, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$374/mo
Annual property tax
$2,375.87 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

Lot features
Elevator

Building

Parcel ID (PID)
031-647-880

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
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®
R3159114
Listed
August 26, 2026
Time on market
On the market for 5 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: RE/MAX City Realty · Data source: CREA DDF.

Description

This bright, spacious home features high ceilings, a generous living room with a modern TV feature wall and built-in TV stand with under-cabinet LED lighting, a well-appointed dining area, and a large kitchen with an island. Two spacious bedrooms, with the second bedroom featuring a walk-in closet, plus two full bathrooms. Enjoy morning coffee or evening relaxation on the large private balcony overlooking the beautifully landscaped garden. Located in vibrant Southgate, just a short walk to Edmonds SkyTrain Station for convenient transit access. Close to community centres, shopping, reputable schools, parks, and everyday amenities. Residents also enjoy a guest suite, perfect for visiting family and friends. 1 parking stall and 1 locker included. OPEN HOUSE Aug 29 (Sat) and 30 (Sun) 2-4 pm (id:63159)

Values & Trends

This listing

$864/sqft

Building average

$875/sqft

1 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

15°C

Clear

Humidity 100%

Wind NW 5 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

30

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
Stride Avenue Community ElementaryElementary480 m
Byrne Creek Community SecondarySecondary644 m
St. Thomas More Collegiate(Independent)Secondary834 m
Our Lady of Mercy(Independent)Elementary947 m
Taylor Park ElementaryElementary1.0 km
Lord Tweedsmuir ElementaryElementary1.1 km
Edmonds Community ElementaryElementary1.1 km
Twelfth Avenue ElementaryElementary1.1 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
Westbound 14th Ave @ 15th St94 m
Eastbound 14 Ave @ 15 St212 m
Eastbound 14 Ave @ Griffiths Dr472 m
Eastbound Edmonds St @ 16 St476 m
Westbound Edmonds St @ Kingsway493 m

Nearby Places

Restaurants (5+)

  • Pizza Hut · 7350 Kingsway524 m
  • Arisu Authentic Korean BBQ · 7328 Edmonds Street563 m
  • NoodleBox · 104-7315 Edmonds Street568 m
  • Pho 68 · 7360 Edmonds Street585 m
  • Watashi Sushi · 7341 Edmonds Street601 m

Cafes (5+)

  • Waves Coffee House · 101-7315 Edmonds Street564 m
  • Macao Imperial Tea · 7337 Edmonds Street596 m
  • Mostafa Coffee House · 7411 Edmonds Street722 m
  • Starbucks748 m
  • Edmonds Cafe774 m

Grocery (4)

  • PriceSmart Foods · 7380 Edmonds Street598 m
  • Grand Food Mart · 7351 Edmonds Street627 m
  • Langley Farm Market · 7815 Kingsway674 m
  • Save-On-Foods · 7155 Kingsway786 m

Parks (4)

  • Ernie Winch Park326 m
  • Stride Avenue Ravine Park445 m
  • Poplar Park475 m
  • Unnamed511 m

Gyms (2)

  • Club 16 Fitness Club739 m
  • Weight/Cardio Room755 m

Pharmacies (2)

  • Edmonds Pharmacy · 7315 Edmonds Street574 m
  • Shoppers Drug Mart736 m

Banks & ATMs (5+)

  • Gulf & Fraser · 7310 Kingsway547 m
  • Waves - Edmonds - Bitcoin Well ATM · 7315 Edmonds Street566 m
  • Bitcoin ATM Coinsite · 7329 Edmonds Street588 m
  • RBC · 7297 Kingsway609 m
  • Scotiabank · 7188 Kingsway669 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Other Listings in This Building

Other units currently listed in the same building. 317 7579 16TH STREET

View building profile →
Built 2022

Mortgage & Ownership Cost Calculator

Minimum required: 6.6% ($48,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$590,400.00
Periodic payment — Principal & Interest (monthly)$3,809.06
Additional monthly expenses (strata, tax, utilities, etc.)$614.83
Total monthly cost$4,423.89
Interest paid over 5-yr term$169,210.34
Balance at end of term$531,066.71

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$48,800
Stress test qualifying rate8.09%
Payment you must qualify for$5,299.71

Cash Needed at Closing

Minimum down payment$48,800
Estimated BC PTT$12,760
Legal / closing costs (typical estimate)$1,500
Total cash needed$63,060

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.

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