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$565,000

507 7579 16TH STREET

Burnaby · MLS® R3173324

1 bed · 1 bath · 640 sq ft · 1 parking

Condo · Single Family · built 2022 · listed today

Listed by Patrick Hung, Royal Pacific Realty Corp.

Welcome to Cedar Creek, a premier 60-acre master-planned community by Ledingham McAllister! This North-East facing, open-concept 1 Bedroom + den is the perfect space to for young families. Enjoy a generous sized bedroom that can easily fit a king sized bed. Functional den ideal for home office, and large windows that invite abundant natural light. Kitchen with stainless steel appliances and a quartz wrap-around island. Spacious balcony to unwind with friends, family or pets. Amenities include fitness centre, playground, community garden and guest suite. Quiet yet centrally located and just short stroll to Edmonds SkyTrain and under 10 min walk schools. Comes with 1 parking & 1 storage. Open house Saturday October 10th 1-3pm.

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 640 sq ft
Parking: 1
Year built: 2022
Property tax: $1,946 / yr
Strata fee: $284 / mo
Days on market: 0
MLS®: R3173324

Typical for the area (+1.5%)

Price per sq ft: $883 vs $870 median for condos in Burnaby for sale (987)

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.

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

On market 0 days

$2,908/mo

Mortgage $2,462 · Tax $162 · Strata $284

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

estimated payment

$2,462/ monthly

loan $452,000

25-year amortization

down payment20% · $113,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $286,495
property transfer tax: $9,300; BC general rate
cash to close: $122,300; down + PTT
total paid: $738,495

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.

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