The Cedarwood
The Cedarwood photo 2
The Cedarwood photo 3
Buildings›Capitol Hill BN›The Cedarwood
45 Units4 StoreysBuilt 1975FRAME - WOOD2 Active

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

A 45-suite, four-storey wood-frame building on Hastings Street in Burnaby's Capitol Hill neighbourhood.
Avg Sold Price
$456K
Avg $/sq ft
$573
Avg Days on Market
46d
Sold Price Trend
3 recorded sales, $505K (2026-02) → $355K (2026-05) -29.7%

Homes For Sale (2)

ListedUnit / AddressBedsBathsPriceTier$/sqftSqftDOMStrata FeeTaxListed By
Jun 16, 26402 5340 HASTINGS STREET21$425,000Lowest$491865109d$495/mo$1,725/yrReal Broker B.C. Ltd…
Sep 14, 26307 5340 HASTINGS STREET21$449,000Top-Tier$51387519d$493/mo$1,624/yrKeller Williams Bold…
Median (2 units)$437,000$50287064d$494/mo$1,675/yr

Sold History at The Cedarwood

1 unit has sold at The Cedarwood in the past 6 months, with an average sale price of $455,667 ($573/sq ft).

DateUnit / AddressBedsBathsvs AskingSold Price$/sqftSqftDOMStrata FeeTaxListed By
May 27, 26214 5340 HASTINGS STREET11View →View Sold Price →—6788d$388/mo$1,378/yrMacdonald Realty Wes…
Mar 10, 26401 5340 HASTINGS STREET11View →View Sold Price →—79248d$414/mo$1,533/yrRE/MAX Crest Realty
Feb 22, 26104 5340 HASTINGS STREET31View →View Sold Price →—90983d$496/mo$1,772/yrRE/MAX Crest Realty
Median (3 units)———79248d$414/mo$1,533/yr
What's your unit at The Cedarwood worth?
1 unit sold here in the past 6 months, averaging $455,667 in 46 days. Get a free, no-obligation valuation based on what's actually selling in this building.
Market Summary

There are currently 2 active homes for sale at The Cedarwood at 5340 HASTINGS STREET, ranging from $425K to $449K. Recent sold units have averaged $456K, selling in about 46 days on average (≈$573/sq ft). The Cedarwood is a frame - wood building of 45 units built in 1975 located in Capitol Hill BN.

Building Details

Address5340 HASTINGS STREET, Burnaby
Total Units45
Units in Strata45
Storeys4
Year Built1975
ConstructionFRAME - WOOD
Strata PlanNWS342
Property MgmtSutton Select Property
Pet PolicyNo pets permitted

About This Building

The 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 and registered under Strata Plan NWS342, the building comprises 45 suites and is managed by Sutton Select Property. Residents have access to an elevator, an exercise centre, a sauna and steam room, shared laundry facilities, and storage. The strata's maintenance fees are inclusive of caretaker services, garbage pickup, gardening, heat, hot water, building management, and use of the recreation facility — a notably broad set of inclusions that can simplify monthly budgeting. Pet ownership is not permitted under the strata's current bylaws, though rentals are allowed with restrictions. The Cedarwood suits buyers looking for a well-established, mid-size building with a strong package of included services in a residential Burnaby neighbourhood close to amenities along the Hastings Street corridor.

Location & Neighbourhood

Capitol Hill sits on the northern slope of Burnaby, with 5340 Hastings Street positioned along one of the area's main commercial corridors, offering everyday conveniences including grocery stores, cafés, and local shops within walking distance. The neighbourhood is served by TransLink bus routes along Hastings Street, providing connections into Burnaby City Centre and onward to Vancouver. Nearby green space includes Capitol Hill itself, a forested residential hilltop with walking trails, and Confederation Park to the west, which features sports fields, a community centre, and an outdoor pool.

Building Market Stats

Avg Asking Price
$437K
Sold in 6 Months
1 units
Avg Sold Price
$456K
Avg $/SqFt
$573
Avg DOM
46 days
Sale-to-List
107.7%

Amenities & Bylaws

Bylaw Restrictions

PetsNot Permitted
No pets permitted
RentalsAllowed
PETS ALLOWED W/REST.,RENTALS ALLOWED W/RESTRICTIONS
Short-Term RentalsCheck Bylaws
Confirm with strata before listing short-term.

Amenities

✓ELEVATOR
✓EXERCISE CENTRE
✓SAUNA/STEAM ROOM
✓SHARED LAUNDRY
✓STORAGE

Features

✓Clubhouse
✓Elevetor
✓Exercise centre
✓Storage
✓Sauna
✓Wheelchair access
✓Shared laundry

Strata Fee Includes

✓CARETAKER
✓GARBAGE PICKUP
✓GARDENING
✓HEAT
✓HOT WATER
✓MANAGEMENT
✓RECREATION FACILITY

Strata Information

Financial Health

Strata Plan No.NWS342
Contingency Reserve FundContact agent for details
CRF Per UnitContact agent for details
Special LeviesInquire with strata
Depreciation ReportAvailable on request

Management & Meetings

Strata Management Co.Sutton Select Property
AGM ScheduleAnnual — contact strata
Council MembersElected owners
Insurance CoverageFull building replacement
Bylaw Last UpdatedContact strata for date
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.

Quick Answers

What building is at 5340 HASTINGS STREET?
The Cedarwood is the strata complex located at 5340 HASTINGS STREET, Capitol Hill BN, Burnaby, BC. Built in 1975. It has 45 residential units.
Are pets allowed at The Cedarwood?
No. The strata bylaws at The Cedarwood do not permit pets.
How many units are in The Cedarwood?
The Cedarwood (5340 HASTINGS STREET) has 45 residential units built in 1975. Strata Plan NWS342.
When was The Cedarwood built?
The Cedarwood at 5340 HASTINGS STREET was built in 1975. It is a frame - wood construction building.
Who manages The Cedarwood?
Sutton Select Property manages the strata corporation at The Cedarwood.
What amenities does The Cedarwood have?
The Cedarwood amenities include: ELEVATOR, EXERCISE CENTRE, SAUNA/STEAM ROOM, SHARED LAUNDRY, STORAGE.
What has sold at 5340 HASTINGS STREET recently?
In the past 6 months, 1 unit has sold at The Cedarwood, with an average sale price of $455,667.
What is the average sold price at The Cedarwood?
Recent units at The Cedarwood have sold for an average of $455,667, typically in 46 days on market.
Who is the best realtor to sell my unit at The Cedarwood?
The Cedarwood units have recently sold for an average of $455,667 in about 46 days. Saeed Farahani is a Capitol Hill BN specialist at Re/Max Crest Realty — contact Saeed for a free building valuation.
How long does it take to sell a unit at The Cedarwood?
Recent units at The Cedarwood have sold in an average of 46 days on market, with units typically selling at 107.7% of asking price.

Frequently Asked Questions

What is The Cedarwood?+
The Cedarwood is a 45-suite, four-storey strata condominium building located at 5340 Hastings Street in the Capitol Hill neighbourhood of Burnaby, BC. Built in 1975 and registered under Strata Plan NWS342, it is a wood-frame building managed by Sutton Select Property.
Where is The Cedarwood located?+
The Cedarwood is located at 5340 Hastings Street in the Capitol Hill (BN) neighbourhood of Burnaby, British Columbia. The building sits along the Hastings Street corridor in the northern part of Burnaby.
When was The Cedarwood built?+
The Cedarwood was built in 1975 using wood-frame construction. It is a well-established mid-rise building that has been part of the Capitol Hill neighbourhood for nearly five decades.
How many suites does The Cedarwood have?+
The Cedarwood contains 45 suites spread across four storeys.
What amenities does The Cedarwood have?+
The Cedarwood offers residents an elevator, an exercise centre, a sauna and steam room, shared laundry facilities, and storage. These amenities are part of the building's recreation facility covered under the strata fees.
What do the maintenance fees at The Cedarwood include?+
The monthly strata fees at The Cedarwood include caretaker services, garbage pickup, gardening, heat, hot water, building management, and access to the recreation facility. This is a broad set of inclusions compared to many comparable buildings, which can make monthly costs more predictable for owners.
Is The Cedarwood pet-friendly?+
No, The Cedarwood's current strata bylaws do not permit pets. Prospective buyers who own or plan to own pets should review the strata's bylaws carefully before purchasing.
Are rentals allowed at The Cedarwood?+
Rentals are allowed at The Cedarwood, but with restrictions set out in the strata bylaws. Buyers intending to rent their suite should confirm the specific rental terms with the strata manager or their real estate agent prior to purchase.
What suites are currently available at The Cedarwood?+
As of the most recent MLS data, there are two active listings at The Cedarwood, both two-bedroom suites, priced from $425,000 to $449,000. Availability changes frequently, so it is best to check current listings for up-to-date information.
What is the average sold price at The Cedarwood?+
Based on three sales recorded over the past 12 months, the average sold price at The Cedarwood was approximately $455,667, at an average of $573 per square foot, with an average of 46 days on market. Past sales are not a guarantee of future values.

Other Buildings in This Complex

Part of the THE CEDARWOOD complex — buildings share common neighbourhood amenities.
Cedarwood
5340 HASTINGS STREET
Built
1975
Units
45
Active Now
2 homes
View Building

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Location

📍5340 HASTINGS STREET, Burnaby, Burnaby, Capitol Hill BN, BCOpen in Google Maps →

What's Nearby

50/100
Walk Score
Somewhat Walkable
40/100
Transit Score
Some Transit
40/100
Bike Score
Some Biking

Scores are estimates based on local amenities and transit access. Actual walkability may vary.

🏫
Local Elementary School
Catchment school · < 1.5 km
🏫
Local Middle School
< 2 km
🏫
Local Secondary School
< 3 km
🏫
Nearby Private School
Independent option · < 5 km

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5340 Hastings Street, Burnaby — The Cedarwood | 1 Sold Price