Condo
$549,900
2301 7388 KINGSWAY
Burnaby30 days on market
MLS® R3163099
1 / 40
2 bed · 2 bath · 901 sq ft · 1 parking
Condo · Single Family · built 2019 · 80 days on market
Listed by Glenn Chivers, RE/MAX LIFESTYLES REALTY
Realtor's description
This spacious 2-bedroom, 2-bathroom plus den home located @ The Peak, a concrete high-rise in SFU's vibrant UniverCity! Features a full-size dining area flowing into the large kitchen and bright living room. The den is perfect for a home office or study. Relax on the large balcony with beautiful views. Quality finishes include premium countertops, stainless steel appliances, and laminate flooring throughout. Includes 1 parking stall and a full-size storage locker. Outstanding amenities include a fitness centre, resident lounge, study room, games room, and rooftop terrace with gardens, BBQs, seating, and panoramic views. Steps to SFU, transit, daycare, Nesters Market, shopping, and restaurants. Move in before classes begin! Contact your Favourite REALTOR.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 901 sq ft
- Parking
- 1
- Year built
- 2019
- Property tax
- $2,220 / yr
- Strata fee
- $568 / mo ($0.63 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 80
- MLS®
- R3148729
Features
- Elevator
- Pets Allowed
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,187/mo
Mortgage $2,435 · Tax $185 · Strata $568
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,110/mo
- After all costs
- −$1,281/mo
- Cap rate
- 2.5%
- yearly net rent ÷ price
Costs: mortgage $2,435 · tax $185 · strata $568 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in North 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 University Highlands Elementaryhomes in this catchment
300 m away · 9388 Tower Rd, Burnaby · 604-296-9036
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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