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Kings Crossing MLS® Listings
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Building Info
Kings Crossong at 7350 Edmonds Street, Burnaby, BC, V3N 1A9. Kings Crossing is comprised of 3 residential towers: Kingsway Tower is 31-storeys with 263 units, Feature Tower is 37-storey with 301 units and Edmonds Tower is 28-storey with 233 units, a 2-storey commercial podium and a 6-storey office tower. In total there are 803 suites in the three towers.
Kings Crossing is walkable, transit-friendly town centre with retail, services and office space all within the 3 tower complex. Crossroads are Kingsway and Edmonds Street Burnaby. Schools nearby are: Edmonds Community School, Our Lady of Mercy School, Mew Westminster Secondary School, Morley Elementary School and Lakeview Elementary School.
The RE/MAX® brand delivers notable advantages – for agents with a RE/MAX brokerage
As the 2024 RE/MAX vs. The Industry report shows, RE/MAX agents are the most productive, meaning they close more transaction sides than other real estate agents, on average. In fact, RE/MAX agents closed an average of 11.8 transaction sides throughout 2023, nearly double that of the competition
But productivity isn’t the only place RE/MAX shines. The annual report, which ranks the results of national, full-service brokerage brands in the U.S., also highlights that the balloon-backed brand dominated in unaided brand awareness at 36.4%.
Canadian mortgage payments went from virtually nothing to very high
Canadian mortgage payments went from virtually nothing to the highest level in well over a decade, inflicting pain on mortgage borrowers. However, the value of homes also surged. In fact, from the rate cuts that sent home prices surging in March 2020 to the end of 2023, the growth rate of home prices outpaced the increase in the average mortgage payment on file at Equifax. This was true in most of Canada’s largest cities, especially in Eastern Canada where the average household’s payment significantly lagged home price growth.
Canadian Home Values Climbed Faster Than Mortgage Payments
B.C. housing market showing signs of marginal improvement
B.C.’s housing market saw a slight improvement in March as home sales nudged higher following a 5.9-per-cent decline in February. Sales increased 0.7 per cent to reach 5,866 unit sales. Home prices rose 1.8 per cent. This said, housing momentum has waned in the last few months as buyer sentiment shifted amid interest rate uncertainty.
MLS home sales increased in most of the province’s real estate board areas. The Greater Vancouver area saw home sales increase by 1.4 per cent following a decline in the previous month. In Chilliwack, home sales increased only slightly—by just 0.5 per cent—while the Kootenays reported a 17.2-per-cent increase. Home sales also rose 9.4 per cent on Vancouver Island, and were unchanged in the Fraser Valley. However, the Okanagan-Mainline and South Okanagan areas recorded sales declines of 8.9 per cent and 19 per cent, respectively.
Lethbridge industrial market strengthens as options limited
Western Canada’s industrial markets are at an inflection point as demand normalizes and the pause that hit new construction last year begins to make itself felt.
Conservative market sentiment is now creating the conditions for stronger performance in 2024, Avison Young reports, with cities like Lethbridge poised to see a landlord’s market for industrial space.
Lethbridge reported a 4.1 per cent vacancy rate in the first quarter, up from 4 per cent at the end of 2023. But space under construction is down more than half from last year to 50,000 square feet, creating potential supply constraints.
That change will have significant implications for cottage owners. Many have seen the value of their properties skyrocket in recent years, which could cause them to kick the tires and sell before the higher tax rules kick in.
Sophisticated, well-designed Burnaby Central residences built by the respected Cressey Development Group
Concrete construction so life inside Kings Crossing is pleasantly quiet
Over-height, smooth painted ceilings in all homes for a clean, airy feel
Wide plank wood laminate flooring provides gorgeous continuity in all living areas and bedrooms
Express your decorating style with one of two classic colour palettes
Stacking, front loading, energy efficient Whirlpool washer and dryer
ELEGANT BATRHRROMS
Marble countertop and backsplash in master ensuite with porcelain floor tile
Quartz countertop and backsplash in main bath offers durability and beauty in one
Modern sinks with polished chrome faucets
Wood-grained laminate floating vanity with under-cabinet lighting
Floating backlit mirror provides flattering lighting for the whole room
Glass enclosed tiled showers in all master ensuites
THE CRESSEYKITCHEN™
The CresseyKitchen™ is renowned for its functional walk-through layout, ample storage space and seamless design
At Kings Crossing you can select one of two kitchen layouts for any home: the Classic CresseyKitchen™ or the Feature CresseyKitchen™
A fully intergated Chef’s Wall with key appliances at eye level and within easy reach to create even more circulation room and entertaining spac
48" of integrated refrigeration by Blomberg, with bottom frezer and four distinct temperature control settings to keep food and beverages fresh
30" 5-burner gas cooktop complete with stainless steel knobs
Pro-style stainless steel microwave, Fulgor wall oven, sleek, low-profile stainless steel hood fan with three speed settings
Fully integrated, energy and water efficient dishwasher with Quiet Wash System and Steam Finish option for exceptional shine
Single bowl stainless steel sink with in-sink disposal
Durable and easy-to-clean quartz countertops with 12"x36" white ceramic backsplash
Under-cabinet lighting for an ambient glow or as targeted illumination during kitchen prep
Wood laminate and painted cabinetry with timeless hardware creates crisp, clean lines
Built-in cutlery drawers so your kitchen organization is even easier
KEY FEATURES
Where Kingsway and Edmonds intersect comes a dynamic new master planned community with 3 residential towers and office and retail space for all of the convenient shops and services you could ask for
Close to rapid transit with the Skytrain just down the street
Soaring views in all directions
The Cressey Difference with well thought out floorplans, quality construction and finishings, ample storage and amazing amenities
AMENITIES
Steam and sauna
State of the art, well-appointed fitness facility
Multi-purpose gym complete with 2 flat screen TVs
Lounge and games room
Outdoor amphitheatre for the ultimate movie night
Quick access to local parks, services and ships all just steps away
Dine and shop in Edmonds abundant local culture
Concierge offers convenience and security
Features/Amenities from other sources
Bike Storage
Elevator
Exercise Centre
Roof Top Patio
Restrictions
Restrictions updated:
January 2011
Construction Information
Year Built
2018
Levels
28-37
Construction
Concrete
Strata Information
Strata Plan #
Title to Land
Freehold Strata
Units in Development: 803
Units in Strata: 803
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