309 7368 Royal Oak Ave, Burnaby BC - Apartment/Condo for Sale - MLS# R3116737

$625,000
Est. Mortgage $2,765/mo
Parkview Place Ii
2 Beds
2 Baths
1045 sqft
598 $ /sqft
488.16 $ Maint. fee
1989 built
$625,000
Est. $2,765/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 309 7368 Royal Oak Avenue

TOP FLOOR! Welcome to this spacious 2 Bed, 2 Bath home offering 1,045 sq ft of bright, functional living in the heart of Metrotown. Featuring open concept, large living and dining area, laminate flooring, NEW stove, NEW fridge, recent dishwasher, very generous sized bedrooms on opposite sides of the home, and full laundry laundry room with in-suite storage/pantry. Relax or entertain on your private sunny balcony. The primary bedroom easily fits a king bed and includes a walk-in closet and ensuite. Just steps to Royal Oak SkyTrain, Metrotown, T&T, Bonsor, parks, and schools. 1 parking & 1 storage included. MUST SEE VIRTUAL TOUR!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Fireplace 1
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $625,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1045
Year Built 1989
Age Of Building 37
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse
Stories 1
Building Amenities Trash, Maintenance Grounds, Gas, Management
Building Name Parkview Place Ii
Ownership Type Freehold Strata
Maintenance Fee $488.16
Community Features Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Gas, Management
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Units In Development 30

Lot & Land

Lot Size Depth Feet
MLS® # R3116737
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5J 4J6
Gross Taxes $1,849.82
Zoning CD RM3

Property Timeline

Status Date Price
R3116737 / Active 04-28-2026 $625,000
R3058365 / Terminated 10-14-2025 $660,000
R3013712 / Terminated 06-10-2025 $678,000
Rooms
Floor Type Dimensions
Main Level Living Room 13'9 x 13'9 ft
Main Level Dining Room 13'9 x 13'9 ft
Main Level Kitchen 9'1 x 9'1 ft
Main Level Primary Bedroom 9'7 x 9'7 ft
Main Level Walk-In Closet 5'3 x 5'3 ft
Main Level Bedroom 9'1 x 9'1 ft
Main Level Laundry 7'11 x 7'11 ft
Main Level Foyer 5'3 x 5'3 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #3

Listed by: Rennie & Associates Realty Ltd. & Rennie & Associates Realty Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Secondary
Burnaby South Secondary School
0.24 km
Elementary
Nelson Elementary School
Average
0.52 km
6.8/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Francis de Sales
Above Average
1.62 km
9/10
Elementary, Secondary
Deer Lake School
2.76 km

Closest Transit

Bus Stop
Southbound Royal Oak Ave @ Sidley St
0.05 km
Skytrain
Skytrain @ Royal Oak Stn
0.35 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
33.4%
No Certificate/Degree
Below Average
11.9%
Owner Occupied
Average
62.1%
Employment Rate
Above Average
67.9%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

44 / 100
Overall sell-speed score
May take longer
C
Price competition grade
Avg comparable: $565,000
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.35 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How METROTOWN compares
This property
73 DOM
Listed
Metrotown avg
Burnaby avg

309 7368 Royal Oak Avenue has a sell-speed score of 44/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 9.6% above comparable active properties in Metrotown. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V5J 4J6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5J 4J6, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.4 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Burnaby South, Burnaby (~0.3 km). Annual avg AQHI 2.2 — Low Risk.

Heat Moderate

Burnaby currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~7 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.4 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1393 mm (1981–2010 baseline), projected ~1445 mm by the 2050s. Extreme 1-day rainfall: ~47.8 mm baseline, ~53.3 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~24 days baseline, ~25 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 309 7368 Royal Oak Avenue

Pre-computed routes from 309 7368 Royal Oak Ave, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Royal Oak → Waterfront
    27 min
  • Metrotown, Burnaby via Royal Oak → Metrotown
    9 min
  • SFU Burnaby via Royal Oak → Production Way
    25 min
  • Richmond Centre via Royal Oak → Brighouse
    52 min
  • YVR Airport via Royal Oak → YVR-Airport
    53 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    14 min
  • Metrotown, Burnaby via Lougheed Hwy
    2 min
  • SFU Burnaby via Gaglardi Way
    8 min
  • Richmond Centre via No. 3 Rd
    15 min
  • YVR Airport via Bridgeport / Sea Island
    17 min

Calculate your commute

309 7368 Royal Oak Ave, Burnaby, BC is ideally located for commuters. The property is 0.4 km from Royal Oak, with a 27 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Royal Oak Ave @ Sidley St (0.05 km). Walk Score Transit rating: Excellent Transit (79/100).

Walkability & Transit Near 309 7368 Royal Oak Avenue

Walk Score Badge
Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 79

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
74

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 309 7368 Royal Oak Avenue

/month
Principal & Interest
Property Taxes $154
Maintenance fee 0
Financing 80% of the $625,000 asking price over 30 years at 4% results in approximately $3,029/month in total estimated carrying costs, $154 property tax, $488 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $2,218/month in rental income, leaving a -$862/month cashflow at current carrying costs. Investors targeting break-even would need roughly 49% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Metrotown, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $625,000
Burnaby Loading...
Metrotown Loading...

Based on 39 comparable active apartments/condos in Metrotown, the average asking price is $679,998. This listing is priced 8.1% below the neighbourhood average.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 309 7368 Royal Oak Avenue

Walk Score Badge
Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 79

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
74

Bike Score - Very Bikeable

Biking is convenient for most trips

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