301 5938 Olive Ave, Burnaby, BC

$994,900
Est. Mortgage /mo

MLS# R3080261 · Perla

2 Beds
2 Baths
850 sqft
1170 $ /sqft
2026 built
$994,900
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

Perla by Polygon - a distinctive concrete tower located in the heart of Metrotown, just a stone's throw from Central Park and Metropolis at Metrotown. At the top of the stylish tower, the Perla sky lounge awaits with an entire floor of meticulously crafted indoor and outdoor entertainment spaces. This SW corner home features a generous wrap-around deck for outdoor living. The sleek kitchen boasts Fulgor Milano appliances and a central island that doubles as a space-saving dining table. As Polygon's first TELUS Residential Smart Building, this home comes complete with keyless entry, smart home automation, smart parcel lockers and more.

General Info

Price $994,900
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 850
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 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® # R3080261
Building Name Perla
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5H 2P6
Price per Sqft -
Gross Taxes $189,955.51
Ownership Type Freehold NonStrata
Maintenance Fee $418.68
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 1
View Description CENTRAL PARK
Units In Development 335
Exterior Features Garden, Playground, Balcony
Sewer Sanitation, Sanitary Sewer
Roof Other

Property Timeline

Status Date Price
R3080261 / Active 01-16-2026 $994,900
Rooms
Floor Type Dimensions
Main Level Living Room 12'5 x 12'5 ft
Main Level Bedroom 10'11 x 10'11 ft
Main Level Bedroom 10'1 x 10'1 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
1.86 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
0.13 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 $15,830
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $20,049/month in total housing costs on this $994,900 property — $3,800 mortgage payment, $15,830 property tax, $419 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%
Based on $3,617/month estimated rent and $20,214/month in total housing costs, this property has a -$16,597/month cashflow. Break-even down payment: approximately 370%.
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 $994,900
Burnaby Loading...
Metrotown Loading...
Among 106 similar active listings in Metrotown, the average price is $888,107. At $994,900, this listing is priced 12% above the local average and 17% above the city-wide benchmark.
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 301 5938 Olive Avenue, Burnaby, BC?
The closest top-rated schools are Burnaby South Secondary School and Chaffey-Burke Elementary School.
Is 301 5938 Olive Avenue, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 301 5938 Olive Avenue, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $5,969.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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