609 - 7388 Kingsway Street, Burnaby, V3N 0G9 — photo 1

$599,000

609 - 7388 Kingsway Street, Burnaby, V3N 0G9
Active
1 Bedrooms 1 Bathrooms 589 sqft Built 2020 Residential

About This Property

Super convenient location. Steps away Edmond sky train, community center, recreation center, shopping, restaurants, and more. This south facing luxurious and stylish concrete residence featuring a 1-bedroom, 1-bathroom layout. Highlighted by premium finishes, air conditioning & a spacious balcony offering mountains & city views. European appliances and exquisite stone counter tops. Additional exceptional amenities, including an indoor basketball court, fully equipped gym, sauna/steam room, squash court, lounge, party room, rooftop garden & concierge services.

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Property Details

MLS #

R3033373

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Ownership

Freehold Strata

Zoning

CD-1

Bedrooms

1

Full Baths

1

Half Baths

0

Kitchens

1

Fireplaces

0

Living Area

589 sqft

Main Floor

589 sqft

Year Built

2020

Age

6 years

Roof

Torch-On

Construction

Concrete, Concrete (Exterior), Glass (Exterior), Mixed (Exterior)

Structure

Multi Family, Residential Attached

Parking Stalls

1

Parking Type

Underground

Original Price

$625,000

Strata Fee

$450.38/mo

Taxes

$1,712.91/yr

Listed

2025-08-05

MLS Area

Edmonds BE

City

Burnaby

Postal Code

V3N 0G9

Features & Finishes

Heating

Heat Pump

Flooring

Laminate · Tile

Laundry

In Unit

Patio / Porch

Patio · Deck

Interior Features

Elevator · Storage

Exterior Features

Garden · Balcony

Building & Community

Pets

Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Restrictions

Pets Allowed w/Rest.,Rentals Allwd w/Restrctns

View

MOUNTAIN

Water Source

Public

Sewer

Public Sewer

Utilities

Electricity Connected, Water Connected

Community

Shopping Nearby

Building Amenities

Bike Room · Clubhouse · Exercise Centre · Caretaker · Trash · Maintenance Grounds · Hot Water · Management · Recreation Facilities

Disclosures

Property Disclosure

Yes

Coordinates: 49.218450, -122.949476 · Map data © Google

5.9

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market30% above market — check if justified
Days on market272 days — significantly stale, strong negotiation position
Price historyPrice dropped 4% from original ask — seller showing motivation
Market conditionsMarket avg 97% — some negotiation room
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$568,703

5.1% below asking price

Negotiation Range

$553,728$577,688

$23,960 spread

$553,728$599,000 ask

Based on 35 recent sales, a starting offer around $568,703 (5.1% below ask) is reasonable. Your negotiation range is $553,728 – $577,688.

What's factored in

Market baseline35 recent Burnaby sales closed at median 97.3% of list price
Price already reducedSeller dropped from 4% off original ask — indicates motivation
Extended market time272 days listed — well above market avg of 148 days, increased negotiation leverage
Above-average DOM272d vs market avg of 148d — property may have a pricing or condition issue

Based on 35 residential sales in Burnaby (last 60 days) · Updated May 4

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