308 5938 Olive Ave, Burnaby, BC

$1,279,900
Est. Mortgage /mo

MLS# R3080272

3 Beds
2 Baths
1130 sqft
1133 $ /sqft
556.47 $ Maint. fee
2026 built
$1,279,900
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

A very limited collection of 3 bedroom homes at Perla by Polygon. There are only 4 homes like this in the whole tower! This south-facing residence boasts generous living and dining spaces, along with a 40-ft wide deck for outdoor living. The large ensuite features dual sinks and a spa-shower. Enjoy five-star grandeur at the extensive spa-inspired amenities, including a serene Jacuzzi and fully equipped fitness centre and more. The roof-top Perla sky lounge also awaits with an outdoor deck, a fireside social room with an adjoining catering kitchen, and a private dining room.

General Info

Price $1,279,900
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1130
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® # R3080272
Building Name -
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5H 2P6
Price per Sqft -
Gross Taxes 0
Ownership Type Freehold Strata
Maintenance Fee $556.47
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
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
R3080272 / Active 01-14-2026 $1,279,900
Rooms
Floor Type Dimensions
Main Level Living Room 14'7 x 14'7 ft
Main Level Dining Room 14'7 x 14'7 ft
Main Level Bedroom 10'6 x 10'6 ft
Main Level Bedroom 9'10 x 9'10 ft
Main Level Bedroom 9'1 x 9'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
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
2.43 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 $0
Maintenance fee 0
A 20% down payment of $255,980 on this $1,279,900 listing yields an estimated mortgage of $4,888/month (30-year fixed, 4%). Total estimated housing cost: $5,444/month, $556 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%
With $3,878/month in estimated rental income against $5,499/month in mortgage payments, the monthly cashflow is -$1,621/month. A 47% down payment would reach break-even.
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 $1,279,900
Burnaby Loading...
Metrotown Loading...
This $1,279,900 listing sits 16.4% above the Metrotown average of $1,099,419 for similar 3-bedroom Apartment/Condos (24 active comparables).
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 308 5938 Olive Avenue, Burnaby, BC?
The closest top-rated schools are Burnaby South Secondary School and Chaffey-Burke Elementary School.
Is 308 5938 Olive Avenue, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 308 5938 Olive Avenue, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $7,679.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $8,384
0 of 17 missions

Sign up on Estateblock.com

$419 / 5%

Buy with us & save on this property

More Listings in This Building

Similar Condos for Sale in Metrotown

Book a tour

Please complete the form. We will make the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent