Cedarwood — 5340 HASTINGS STREET, Capitol Hill BN, Burnaby, BC

Cedarwood is a four-storey, wood-frame strata building located at 5340 Hastings Street in the Capitol Hill neighbourhood of Burnaby, BC. Built in 1975 under Strata Plan NWS342, the building contains 45 suites and is managed by Assertive Strata Management. Cedarwood offers residents a practical range of amenities including an elevator, exercise centre, sauna and steam room, shared laundry, and storage. Monthly strata fees cover caretaker services, garbage pickup, gardening, heat, hot water, professional management, and access to the recreation facility — making day-to-day costs more predictable for owners. The building's pet policy does not permit pets under current strata bylaws, though rentals are allowed with restrictions. Cedarwood suits buyers looking for a well-established mid-rise in a residential Burnaby neighbourhood, with the added value of heat and hot water included in strata fees.

Capitol Hill is a hillside neighbourhood in north Burnaby, bordered by Hastings Street to the south, which provides convenient access to bus routes connecting residents to downtown Vancouver and Burnaby's commercial centres. The area is primarily residential with single-family homes and low-rise buildings, and is within a short distance of Burnaby Mountain Conservation Area, offering trail access for walking and cycling. Nearby amenities along Hastings Street include grocery stores, cafés, and local services, and Capitol Hill Elementary School is within the neighbourhood.

Note: Strata documents including full meeting minutes, the depreciation report, and bylaws are available to serious buyers upon request. Saeed can obtain and review these as part of your due diligence.

Part of the CEDARWOOD complex — buildings share common neighbourhood amenities.

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