311 5388 Grimmer St, Burnaby BC - Apartment/Condo for Sale - MLS# R3110283

$499,000
Est. Mortgage $2,208/mo
The Phoenix
1 Beds
1 Baths
618 sqft
807 $ /sqft
312.6 $ Maint. fee
2010 built
$499,000
Est. $2,208/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 311 5388 Grimmer Street

?This affordable 618 sq ft one-bedroom condo offers a functional, well-designed and no wasted space, open floor plan with large windows that fill the space with natural light and showcase beautiful North Shore Mountain Views. The home features laminate flooring, and the convenience of in-suite laundry. Step out onto your private balcony 9'4 x 4'6 and enjoy everything this home has to offer, including low strata fees, secured one parking stall, and a storage locker 3'11 x 6'2. Ideally located in a highly convenient neighbourhood, just minutes from Royal Oak SkyTrain, bus routes, Metrotown Shopping Centre, Bonsor Recreation Complex, T&T Supermarket, Crystal Mall, and various cafes and restaurants, this is an excellent opportunity for first-time buyers or investors.

Interior Features

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

Exterior Features

Exterior Features Balcony
View Description MOUNTAINS
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $499,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 618
Year Built 2010
Age Of Building 16
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Trash, Maintenance Grounds, Hot Water, Management
Building Name The Phoenix
Ownership Type Freehold Strata
Maintenance Fee $312.6
Community Features Shopping Nearby
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Hot Water, Management
Utility Type Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Underground, Front Access
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 55

Lot & Land

MLS® # R3110283
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5H 0B9
Gross Taxes $1,622.95
Zoning CD-C9A

Property Timeline

Status Date Price
R3110283 / Active 04-13-2026 $499,000
Rooms
Floor Type Dimensions
Main Level Living Room 12'8 x 12'8 ft
Main Level Dining Room 12'8 x 12'8 ft
Main Level Kitchen 6'10 x 6'10 ft
Main Level Primary Bedroom 10' x 10' ft
Main Level Laundry 2'9 x 2'9 ft
Main Level Foyer 6'7 x 6'7 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: RE/MAX Crest Realty & RE/MAX Crest Realty

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
Maywood Community School
0.95 km
Secondary
Burnaby South Secondary School
0.76 km

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

Private Schools

Elementary
St. Francis de Sales
1.52 km
Elementary, Secondary
Deer Lake School
2.1 km

Closest Transit

Bus Stop
Westbound Kingsway @ Denbigh Ave
0.17 km
Skytrain
Skytrain @ Royal Oak Stn
0.32 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
33.6%
No Certificate/Degree
Average
12.7%
Owner Occupied
Average
72%
Employment Rate
Average
60.1%

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 311 5388 Grimmer Street

Mortgage Calculator for 311 5388 Grimmer Street

/month
Principal & Interest
Property Taxes $135
Maintenance fee 312.6
Based on a 30-year fixed at 4% interest with 20% down ($99,800), the estimated monthly payment for this listing is $2,354/month — $1,906 principal & interest, $135 property tax, $313 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%
At an estimated rental income of $2,015/month, this property runs a $397/month shortfall after mortgage and carrying costs. Break-even requires approximately 37% down.
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 $499,000
Burnaby Loading...
Metrotown Loading...

Based on 100 comparable active apartments/condos in Metrotown, the average asking price is $580,778. This listing is priced 14.1% 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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