Condo
$549,900
2301 7388 KINGSWAY
Burnaby30 days on market
MLS® R3163099
1 / 39
1 bed · 1 bath · 611 sq ft · 1 parking
Condo · Single Family · built 2024 · 80 days on market
Listed by Garry Nip, RE/MAX Crest Realty
Realtor's description
Your perfect VIEW home is here! This beautifully functional one-bedroom home showcases jaw-dropping panoramic views from every window. From the moment you walk in, your eyes are immediately drawn to the unobstructed scenery of lush green space and tranquil water features stretching across the East, North, and West exposures. Perched on the ideal 6th floor, the views are perfectly positioned at natural eye level, creating a seamless connection between the indoors and outdoors. The thoughtfully designed floor plan offers a dedicated dining area and a separate living room framed by floor-to-ceiling windows that flood the space with natural light. Bedroom has large walk-in closet. Comes with 1 parking directly outside of the elevator lobby and 1 storage locker.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 611 sq ft
- Parking
- 1
- Year built
- 2024
- Strata fee
- $309 / mo ($0.51 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 80
- MLS®
- R3148615
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$2,831/mo
Mortgage $2,523 · Strata $309
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $1,564/mo
- After all costs
- −$1,428/mo
- Cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $2,523 · strata $309 · 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
BurnabyGoogle Maps ↗
Schools
Catchment schools, Burnaby School District 41
- Elementary Stride Avenue Community Elementaryhomes in this catchment
400 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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