406 6968 ROYAL OAK AVENUE
Burnaby, BC V5J4J2
$649,900
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $344/mo
- Annual property tax
- $2,364.97 (2025)
Interior
- Heating
- Baseboard heaters, Electric
- Fireplace
- None
- Appliances
- All
Exterior & Lot
- Lot features
- Elevator
Building
- Security
- Smoke Detectors
- Parcel ID (PID)
- 031-204-333
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground
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®
- R3146626
- Listed
- July 15, 2026
- Time on market
- On the market for 47 days
- Tax assessment year
- 2025
- Data last synced
- August 31, 2026
Listing provided by: Metro Edge Realty · Data source: CREA DDF.
Description
Ideally located next to Royal Oak SkyTrain Station, this bright southeast corner penthouse offers 10-foot ceilings, creating an open and airy living space. With 836 sq.ft. of thoughtfully designed living area, the home features a spacious, functional layout and an exceptionally large kitchen with a generous island that comfortably seats four as a breakfast bar.The living and dining areas overlook the quiet inner courtyard and enjoy large east-facing windows that fill the home with natural light. Two generously sized bedrooms are privately situated farther inside the unit, with one facing south and the other east. The primary bedroom includes a walk-in closet. Modern light-toned hardwood flooring runs throughout, and the home has been exceptionally well maintained, showing like new. Low strata fee of only $344/month completes this outstanding home. Open House on August 29 and 30, Saturday and Sunday, 2-4PM. (id:63159)
Values & Trends
This listing
$777/sqft
Building average
$867/sqft
2 active listing(s)
Burnaby average
$865/sqft
1019 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Vancouver
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
| School | Type | Distance |
|---|---|---|
| Burnaby South Secondary | Secondary | 517 m |
| Burnaby Youth Hub Secondary Program | Elementary | 624 m |
| Nelson Elementary | Elementary | 745 m |
| Maywood Community Elementary | Elementary | 863 m |
| École Marlborough Elementary | Elementary | 1.1 km |
| Windsor Elementary | Elementary | 1.1 km |
| Clinton Elementary | Elementary | 1.1 km |
| South Slope Elementary | Elementary | 1.2 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
| Stop | Type | Distance |
|---|---|---|
| Royal Oak Station @ Platform 1 | — | 40 m |
| Royal Oak Station @ Platform 2 | — | 51 m |
| Westbound Beresford St @ Royal Oak Ave | — | 69 m |
| Northbound Royal Oak Ave @ Sidley St | — | 301 m |
| Northbound Antrim Ave @ Victory St | — | 309 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.2% ($39,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.