2705 5938 Olive Ave, Burnaby BC - Apartment/Condo for Sale - MLS# R3104977

$1,118,900
Est. Mortgage $4,950/mo
Perla
3 Beds
2 Baths
864 sqft
1295 $ /sqft
423.98 $ Maint. fee
2026 built
$1,118,900
Est. $4,950/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 2705 5938 Olive Avenue

Welcome to Perla by Polygon - stylish parkside apartment homes in the heart of Metrotown! Designed by dys architecture, this 39-storey tower creates a sense of sophistication with clean lines and bold accents. Featuring a prime location, Perla is a short walk from Metropolis at Metrotown, the SkyTrain network as well as various shops, restaurants and services. This SE-facing corner home comes with a lot of designer details, and a junior third bedroom with a window (which also makes a great home office!) A walk-in closet with custom drawers and lighting in the main bedroom helps keep your wardrobe organized.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator
Fireplace 0
Heating Type Heat Pump
# of Kitchens 0
Flooring Laminate, Tile
Foundation Slab

Exterior Features

Exterior Features Garden, Playground, Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $1,118,900
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 864
Year Built 2026
Age Of Building 0
Building Type Apartment/Condo
Property Type Residential
Stories 5
Building Amenities Bike Room, Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Building Name Perla
Ownership Type Freehold Strata
Maintenance Fee $423.98
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Sanitation, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Guest
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Units In Development 335

Lot & Land

Lot Size Depth Feet
MLS® # R3104977
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5H 0M6
Gross Taxes 0
Zoning CD-RM5

Property Timeline

Status Date Price
R3104977 / Active 03-30-2026 $1,118,900
Rooms
Floor Type Dimensions
Main Level Living Room 11'8 x 11'8 ft
Main Level Bedroom 10'0 x 10'0 ft
Main Level Bedroom 9'6 x 9'6 ft
Main Level Bedroom 7'8 x 7'8 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #3

Listed by: Polygon Realty Limited

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

Secondary
Burnaby South Secondary School
2.42 km
Elementary
Chaffey-Burke Elementary School
Above Average
0.59 km
7.2/10
Secondary
Moscrop Secondary School
1.54 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
Above Average
1.87 km
9.4/10
Elementary, Secondary
Deer Lake School
2.37 km

Closest Transit

Bus Stop
Patterson Station @ Bay 2
0.1 km
Skytrain
Skytrain @ Patterson Stn
0.14 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
Unlikely
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 2705 5938 Olive Avenue

Pre-computed routes from 2705 5938 Olive Ave, Burnaby, BC (Server-rendered · Indexed by Google)

By transit (Skytrain)

  • Downtown Vancouver via Patterson → Waterfront
    22 min
  • Metrotown, Burnaby via Patterson → Metrotown
    6 min
  • SFU Burnaby via Patterson → Production Way
    26 min
  • Richmond Centre via Patterson → Brighouse
    47 min
  • YVR Airport via Patterson → YVR-Airport
    48 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
    15 min

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

2705 5938 Olive Ave, Burnaby, BC is ideally located for commuters. The property is 0.1 km from Patterson, with a 22 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Patterson Station @ Bay 2 (0.1 km).

Mortgage Calculator for 2705 5938 Olive Avenue

/month
Principal & Interest
Property Taxes $0
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $4,697/month in total housing costs on this $1,118,900 property — $4,273 mortgage payment, $424 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 $3,390/month estimated rent and $4,745/month in total housing costs, this property has a -$1,355/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 $1,118,900
Burnaby Loading...
Metrotown Loading...

Based on 10 comparable active apartments/condos in Metrotown, the average asking price is $941,817. This listing is priced 18.8% above 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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