521 7588 16th St, Burnaby BC - Apartment/Condo for Sale - MLS# R3134825

$699,000
Est. Mortgage $3,092/mo
3 Beds
2 Baths
934 sqft
748 $ /sqft
459.22 $ Maint. fee
2023 built
OPEN HOUSE 17.8% price reduction
$699,000
$850,000
Est. $3,092/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 521 7588 16th Street

17.8% price reduction

Year 2023 building , owners live and take good care like brand new. 3 bedrooms two baths , 934 sf , spacious corner unit with lots of lights on the fifth floor. 9' very high ceiling gives you great feeling . with high quality appliances . Near Edmonds sky train station and shopping center . Amenities: guest suite , gym , car wash area , pets friendly . one parking # 57, one locker # 106. Five minutes walk to grocery stores , Mcdonalds, many banks , and restaurants , very convenient for living.

Open houses

11 Jul, 2026 (01:00 PM to 03:00 PM)

12 Jul, 2026 (01:00 PM to 03:00 PM)

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Heating Type Baseboard, Electric
# of Kitchens 0
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $699,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 934
Year Built 2023
Age Of Building 3
Building Type Apartment/Condo
Property Type Residential
Stories 6
Building Amenities Trash, Maintenance Grounds, Gas, Management, Other, Recreation Facilities, Sewer, Snow Removal, Water
Ownership Type Freehold Strata
Maintenance Fee $459.22
Amenities Nearby Trash, Maintenance Grounds, Gas, Management, Other, Recreation Facilities, Sewer, Snow Removal, Water
Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Under Building
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Rental Suites None

Lot & Land

Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3134825
Area Burnaby East
Neighbourhood Edmonds BE
City Burnaby
Postal Code V3N 0H8
Gross Taxes $2,611.12
Zoning CD

Property Timeline

Status Date Price
R3134825 / Active 06-10-2026 $699,000
Rooms
Floor Type Dimensions
Main Level Bedroom 10'7 x 10'7 ft
Main Level Bedroom 9'10 x 9'10 ft
Main Level Bedroom 8'11 x 8'11 ft
Main Level Living Room 11'3 x 11'3 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #3

Listed by: Nu Stream Realty Inc. & Nu Stream Realty Inc.

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

Private Schools

Elementary
St. Francis de Sales
Above Average
1.44 km
8.7/10
Secondary
St. Thomas More Collegiate
Above Average
0.83 km
8.3/10

Closest Transit

Bus Stop
Westbound 14 Ave @ 15 St
0.14 km
Skytrain
Skytrain @ Edmonds Stn
0.76 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
33.6%
No Certificate/Degree
Average
12.9%
Owner Occupied
Above Average
79.9%
Employment Rate
Above Average
67.8%

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

No data
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.76 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 EDMONDS BE compares
This property
30 DOM
Listed
Edmonds BE avg
Burnaby avg

521 7588 16th Street has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3N 0H8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3N 0H8, 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 (~2.7 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 521 7588 16th Street

Pre-computed routes from 521 7588 16th St, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Edmonds → Waterfront
    35 min
  • Metrotown, Burnaby via Edmonds → Metrotown
    17 min
  • SFU Burnaby via Edmonds → Production Way
    27 min
  • Richmond Centre via Edmonds → Brighouse
    60 min
  • YVR Airport via Edmonds → YVR-Airport
    61 min

By car (off-peak)

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

Calculate your commute

521 7588 16th St, Burnaby, BC is ideally located for commuters. The property is 0.8 km from Edmonds, with a 35 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound 14 Ave @ 15 St (0.14 km). Walk Score Transit rating: Excellent Transit (77/100).

Walkability & Transit Near 521 7588 16th Street

Walk Score Badge
Car-Dependent 73

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 77

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
69

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 521 7588 16th Street

/month
Principal & Interest
Property Taxes $218
Maintenance fee 459.22
Based on a 30-year fixed at 4% interest with 20% down ($139,800), the estimated monthly payment for this listing is $3,347/month — $2,670 principal & interest, $218 property tax, $459 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
At an estimated rental income of $2,481/month, this property runs a $923/month shortfall after mortgage and carrying costs. Break-even requires approximately 48% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Edmonds BE, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $699,000
Burnaby Loading...
Edmonds BE Loading...

Based on 6 comparable active apartments/condos in Edmonds BE, the average asking price is $836,481. This listing is priced 16.4% below the neighbourhood average. This property is flagged as a Hot Deal (17.8% price reduction) based on its competitive pricing and market demand.

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 521 7588 16th Street

Walk Score Badge
Car-Dependent 73

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 77

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
69

Bike Score - Bikeable

Some bike infrastructure

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