414 7058 14th Avenue

Burnaby · MLS® R3179458

all units at 7058 14th Ave →

111

624 sq ft · Condo · Single Family · built 2015 · listed today

listed by Louis Yu, RE/MAX Crest Realty

realtor's description

Welcome home to Red Brick, a quality-built development by renowned builder Amacon! Experience top-floor luxury in this immaculate, original-owner 1-bedroom and den penthouse boasting rare 11-foot ceilings and a bright, sun-drenched northwest exposure. The smart, open-concept floor plan maximizes every square foot, enhanced by custom-installed closets for effortless storage. Prepare culinary delights in the stunning chef´s kitchen, fully equipped with a gas range, quartz countertops, and premium stainless steel appliances. Perfectly situated for ultimate convenience, you are just a short walk to the Edmonds Skytrain station, with quick, seamless access to major highways and bridges. Beautifully maintained and move-in ready-this exceptional home truly has it all!

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 624 sq ft
parking: 1
year built: 2015
property tax: $1,877 / yr
days on market: 0
MLS®: R3179458

features

Central location
Elevator
All

the market here

listed now: 57 days; median for 977 condos for sale; this one listed today

Condos in Burnaby. Sale prices register 1 to 3 months after a sale closes.

monthly cost

$2,489/mo

Mortgage $2,333 · Tax $156

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$2,333/ monthly

loan $424,000

25-year amortization

down payment20% · $106,00020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 28, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $275,781
property transfer tax: $8,600; BC general rate
cash to close: $114,600; down + PTT
total paid: $699,781

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent: $1,800/mo
after all costs: −$868/mo
cap rate: 3.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,333 · tax $156 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Southeast Burnaby, Burnaby: CMHC's average there ($1,564) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

location

the building's lot: 12,813 m² (137,918 sq ft) · PID 029-600-065. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

BurnabyGoogle Maps ↗

Rapid transit: Edmonds SkyTrain station, 500 m (about 8 min walk); 22nd Street SkyTrain station, 1.2 km (about 18 min walk).

schools

Catchment schools, Burnaby School District 41

Elementary Stride Avenue Community Elementaryhomes in this catchment
100 m away · 7014 Stride Ave, Burnaby · 604-296-9032

From the Burnaby School District 41's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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