202 5885 Olive Ave, Burnaby BC - Apartment/Condo for Sale - MLS# R3122967

$700,000
Est. Mortgage $3,097/mo
The Metropolitan
2 Beds
2 Baths
1183 sqft
592 $ /sqft
534.09 $ Maint. fee
1990 built
$700,000
Est. $3,097/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 202 5885 Olive Avenue

The Metropolitan- located in one of the Burnaby's most sought-after location. This Spacious home offers 2 bdrm/2 bath, 1,183 sf of well-appointed living space. Primary bdrm easily accommodates a king bed &features a private ensuite & large closet, while the 2nd bdrm offer flexibility for guests, or office. The open LR/ DR & kitchen areas provide plenty of room, complemented by soaring 9 ft ceilings, in-suite laundry, and expansive 155 sf balcony. Set within a secure, well-maintained concrete building with a recently completed piping project, residents enjoy resort-style amenities including a pool, hot tub, gym, sauna, and courtyard. Steps to SkyTrain, Metrotown, Crystal Mall, parks, trails, dining, and groceries - with Downtown just short ride away. Inc 1 Park & 1 Storage

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 0
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
View Description PRIVATE TREES/ COURTYARD
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $700,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1183
Year Built 1990
Age Of Building 36
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Building Name The Metropolitan
Ownership Type Freehold Strata
Maintenance Fee $534.09
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Front Access, Concrete
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Rental Suites None
Units In Development 132

Lot & Land

Lot Size Depth Feet
MLS® # R3122967
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5H 4N8
Gross Taxes $2,256.59
Zoning CD

Property Timeline

Status Date Price
R3122967 / Pending 05-12-2026 $700,000
Rooms
Floor Type Dimensions
Main Level Living Room 20'1 x 20'1 ft
Main Level Dining Room 15'2 x 15'2 ft
Main Level Kitchen 12'4 x 12'4 ft
Main Level Primary Bedroom 14'3 x 14'3 ft
Main Level Bedroom 9'9 x 9'9 ft
Main Level Foyer 7' x 7' ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #3

Listed by: One Percent Realty Ltd. & One Percent Realty Ltd. & One Percent Realty Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Elementary
Chaffey-Burke Elementary School
0.45 km
Secondary
Moscrop Secondary School
1.36 km
Secondary
Burnaby South Secondary School
2.54 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St.Mary's School
1.8 km
Elementary, Secondary
Deer Lake School
2.26 km

Closest Transit

Bus Stop
Westbound Kingsway @ Barker Ave
0.06 km
Skytrain
Skytrain @ Patterson Stn
0.27 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
41.1%
No Certificate/Degree
Below Average
8.3%
Owner Occupied
Below Average
38.9%
Employment Rate
Average
56.1%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 202 5885 Olive Avenue

Pre-computed routes from 202 5885 Olive Ave, Burnaby, BC (Server-rendered · Indexed by Google)

By transit (Skytrain)

  • Downtown Vancouver via Patterson → Waterfront
    23 min
  • Metrotown, Burnaby via Patterson → Metrotown
    7 min
  • SFU Burnaby via Patterson → Production Way
    27 min
  • Richmond Centre via Patterson → Brighouse
    48 min
  • YVR Airport via Patterson → YVR-Airport
    49 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    11 min
  • Metrotown, Burnaby via Lougheed Hwy
    1 min
  • SFU Burnaby via Gaglardi Way
    9 min
  • Richmond Centre via No. 3 Rd
    14 min
  • YVR Airport via Bridgeport / Sea Island
    16 min

Calculate your commute (JS — not indexed, but keeps users on page)

202 5885 Olive Ave, Burnaby, BC is ideally located for commuters. The property is 0.3 km from Patterson, with a 23 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Kingsway @ Barker Ave (0.06 km).

Mortgage Calculator for 202 5885 Olive Avenue

/month
Principal & Interest
Property Taxes $188
Maintenance fee 534.09
With a 20% down payment, buyers can expect an estimated $3,396/month in total housing costs on this $700,000 property — $2,674 mortgage payment, $188 property tax, $534 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Based on $2,615/month estimated rent and $3,453/month in total housing costs, this property has a -$838/month cashflow. Break-even down payment: approximately 46%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Metrotown, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $700,000
Burnaby Loading...
Metrotown Loading...

Based on 27 comparable active apartments/condos in Metrotown, the average asking price is $720,292. This listing is priced 2.8% below the neighbourhood average.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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