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$549,000

423 7088 14TH AVENUE

Burnaby · MLS® R3166312

1 bed · 1 bath · 624 sq ft · 1 parking

Condo · Single Family · built 2015 · 23 days on market

Listed by Henry Kuo, Sunstar Realty Ltd.

Realtor's description

Red Brick by Amacon located in the Edmonds neighborhood. This North facing 624sf top floor 1 bedroom + flex room condo comes with a very functional and spacious layout. Featuring wide plank engineered wood floors, 9' ceilings throughout and 11' ceilings in the living room. The open kitchen comes with wood veneer cabinets, serving counter with breakfast bar, stone countertops, and stainless steel appliances including a gas range. The spacious bedroom has large windows that overlooks the balcony. The 4 pcs bathroom comes with decent storage. The flex room can be used as in-suite storage or office. Located right across from Stride Avenue Park and Stride Avenue Community School ard just a short 10min walk to Edmonds Skytrain Station. 1 parking and 1 storage locker included.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 624 sq ft
Parking: 1
Year built: 2015
Property tax: $1,785 / yr
Strata fee: $330 / mo ($0.53 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 23
MLS®: R3166312

Features

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Typical for the area (+1.1%)

2026 assessment: $571,000 · asking is -3.9%
Price per sq ft: $880 vs $870 median for condos in Burnaby for sale (975)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 23 days · no price changes so far

The market here

Listed now: 51 days; median for 1048 condos for sale; this one 23 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$571,000	$1,875
2025	$599,000	$1,784

Estimated tax up 5.1% from 2025 to 2026.

The listing shows $1,785 a year in property tax.

Estimate: the BC Assessment value times Burnaby's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$2,871/mo

Mortgage $2,392 · Tax $149 · Strata $330

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,392/ monthly

loan $439,200

25-year amortization

down payment20% · $109,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $278,382
property transfer tax: $8,980; BC general rate
cash to close: $118,780; down + PTT
total paid: $717,582

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Rent: $1,564/mo
After all costs: −$1,467/mo
Cap rate: 2.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,392 · tax $149 · strata $330 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-bedroom in Southeast Burnaby, Burnaby (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; 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 029-599-296. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

BurnabyGoogle Maps ↗

Location

BurnabyGoogle Maps ↗

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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