2705 5938 Olive Ave, Burnaby, BC

$1,118,900
Est. Mortgage /mo

MLS# R3081493 · Perla

3 Beds
2 Baths
864 sqft
1295 $ /sqft
423.98 $ Maint. fee
2026 built
$1,118,900
Est. /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

Property Details & Specs

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.

General Info

Price $1,118,900
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 864
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement 0
Basement Features None

Property Metrics

Year Built 2026
Age Of Building 0
Building Type Apartment/Condo
Property Type Residential
Stories 5
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Bike Room, Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3081493
Building Name Perla
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5H 2P6
Price per Sqft -
Gross Taxes 0
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

Heating & Cooling

Fireplace 0
Heating Type Heat Pump

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Sanitation, Sanitary Sewer
Water (WaterSource) Public

Parking

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
Rental Restrictions -
Zoning CD-RM5
Rental Suites -
# of Kitchens 0
Flooring Laminate, Tile
Foundation Slab
Interior Features Elevator
Locker -
View -
View Description -
Units In Development 335
Exterior Features Garden, Playground, Balcony
Sewer Sanitation, Sanitary Sewer
Roof Other

Property Timeline

Status Date Price
R3081493 / Active 01-20-2026 $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.

Neighborhood & Transit Info

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $0
Maintenance fee 0
Financing 80% of the $1,118,900 asking price over 30 years at 4% results in approximately $4,697/month in total estimated carrying costs, $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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $3,390/month in rental income, leaving a -$1,355/month cashflow at current carrying costs. Investors targeting break-even would need roughly 46% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $1,118,900
Burnaby Loading...
Metrotown Loading...
7 comparable Apartment/Condos are currently active in Metrotown, with a median asking price of $939,567. This property is listed 19.1% above the local average and 28.2% above the Burnaby 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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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

Property FAQs

What are the closest top-rated schools to 2705 5938 Olive Avenue, Burnaby, BC?
The closest top-rated schools are Burnaby South Secondary School and Chaffey-Burke Elementary School.
Is 2705 5938 Olive Avenue, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 2705 5938 Olive Avenue, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $6,713.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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