418 7588 16TH STREET
Burnaby, BC V3N0H8
$675,000
Amenities
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
- $380/mo
- Annual property tax
- $2,221.07 (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®
- R3133969
- Listed
- June 9, 2026
- Time on market
- On the market for 83 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Stonehaus Realty Corp. · Data source: CREA DDF.
Description
Discover modern living at Cedar Creek Signature by Ledingham McAllister. This bright 2-bedroom, 2-bathroom home offers an open-concept layout with 9' ceilings, quartz countertops, stainless-steel appliances, and generous living space filled with natural light. Enjoy a private balcony, one secure parking stall, and a storage locker. Residents have access to excellent amenities including a fitness centre, guest suite, car wash, bike storage, and community garden. Ideally located in the vibrant Edmonds neighbourhood-just under a 10-minute walk to SkyTrain-and steps to shops, parks, and schools. Situated next to the master-planned South Gate City community, this home offers exceptional urban convenience and lifestyle. (id:63159)
Values & Trends
This listing
$863/sqft
Building average
$904/sqft
5 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
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
| School | Type | Distance |
|---|---|---|
| Stride Avenue Community Elementary | Elementary | 480 m |
| Byrne Creek Community Secondary | Secondary | 636 m |
| St. Thomas More Collegiate(Independent) | Secondary | 827 m |
| Our Lady of Mercy(Independent) | Elementary | 940 m |
| Taylor Park Elementary | Elementary | 1.0 km |
| Lord Tweedsmuir Elementary | Elementary | 1.0 km |
| Edmonds Community Elementary | Elementary | 1.1 km |
| Twelfth Avenue Elementary | Elementary | 1.1 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
| Stop | Type | Distance |
|---|---|---|
| Westbound 14th Ave @ 15th St | — | 89 m |
| Eastbound 14 Ave @ 15 St | — | 208 m |
| Eastbound 14 Ave @ Griffiths Dr | — | 470 m |
| Eastbound Edmonds St @ 16 St | — | 489 m |
| Westbound 14 Ave @ Kingsway | — | 497 m |
Nearby Places
Restaurants (5+)
- Pizza Hut · 7350 Kingsway534 m
- Arisu Authentic Korean BBQ · 7328 Edmonds Street574 m
- NoodleBox · 104-7315 Edmonds Street580 m
- Pho 68 · 7360 Edmonds Street596 m
- Watashi Sushi · 7341 Edmonds Street612 m
Cafes (5+)
- Waves Coffee House · 101-7315 Edmonds Street576 m
- Macao Imperial Tea · 7337 Edmonds Street607 m
- Mostafa Coffee House · 7411 Edmonds Street731 m
- Starbucks761 m
- Edmonds Cafe783 m
Grocery (4)
- PriceSmart Foods · 7380 Edmonds Street609 m
- Grand Food Mart · 7351 Edmonds Street637 m
- Langley Farm Market · 7815 Kingsway666 m
- Save-On-Foods · 7155 Kingsway799 m
Parks (4)
- Ernie Winch Park320 m
- Stride Avenue Ravine Park453 m
- Poplar Park486 m
- Unnamed506 m
Gyms (2)
- Club 16 Fitness Club752 m
- Weight/Cardio Room764 m
Pharmacies (2)
- Edmonds Pharmacy · 7315 Edmonds Street586 m
- Shoppers Drug Mart749 m
Banks & ATMs (5+)
- Gulf & Fraser · 7310 Kingsway559 m
- Waves - Edmonds - Bitcoin Well ATM · 7315 Edmonds Street578 m
- Bitcoin ATM Coinsite · 7329 Edmonds Street599 m
- RBC · 7297 Kingsway621 m
- Scotiabank · 7188 Kingsway682 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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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.





