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)
| Listed | Unit / Address | Beds | Baths | Price | Tier | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 16, 26 | 402 5340 HASTINGS STREET | 2 | 1 | $425,000 | Lowest | $491 | 865 | 109d | $495/mo | $1,725/yr | Real Broker B.C. Ltd… |
| Sep 14, 26 | 307 5340 HASTINGS STREET | 2 | 1 | $449,000 | Top-Tier | $513 | 875 | 19d | $493/mo | $1,624/yr | Keller Williams Bold… |
| Median (2 units) | $437,000 | $502 | 870 | 64d | $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).
| Date | Unit / Address | Beds | Baths | vs Asking | Sold Price | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| May 27, 26 | 214 5340 HASTINGS STREET | 1 | 1 | View → | View Sold Price → | — | 678 | 8d | $388/mo | $1,378/yr | Macdonald Realty Wes… |
| Mar 10, 26 | 401 5340 HASTINGS STREET | 1 | 1 | View → | View Sold Price → | — | 792 | 48d | $414/mo | $1,533/yr | RE/MAX Crest Realty |
| Feb 22, 26 | 104 5340 HASTINGS STREET | 3 | 1 | View → | View Sold Price → | — | 909 | 83d | $496/mo | $1,772/yr | RE/MAX Crest Realty |
| Median (3 units) | — | — | — | 792 | 48d | $414/mo | $1,533/yr | ||||
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
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
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
Other Buildings in This Complex
Part of the THE CEDARWOOD complex — buildings share common neighbourhood amenities.
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Location
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