Open House
NEW
905 5885 Olive Ave, Burnaby, BC
$775,000
Est. Mortgage /mo
MLS® R3095671 · Metropolitan
2
Beds
2
Baths
1090
sqft
711
$
/sqft
469
$
Maint. fee
1991
built
Property Details & Specs
This Well maintained & Managed 2BR + 2Bath 1090 sqft sW corner facing with 9' ceiling is centrally located in the heart of Metrotown. It is bright and spacious layout, engineered hardwood floors, stainless steel appliances, Spacious living room with access to large covered balcony overlooking unobstructed view of Central Park and the city below. Some updates: paint, kitchen, lighting, balcony floor and appliances. 1 parking, storage locker and insuite laundry. Elevator modernization (2022) and roof deck replacement (2023). Piping was done 11 years ago. Short Walk to Patterson Skytrain Station, Central Park, Metrotown, shopping, restaurants, library and more. Building amenities include Caretaker, indoor pool, hot tub, sauna and gym.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Kitchen | 9'2 x 9'2 ft |
| Main Level | Living Room | 14' x 14' ft |
| Main Level | Dining Room | 14'9 x 14'9 ft |
| Main Level | Primary Bedroom | 19'3 x 19'3 ft |
| Main Level | Bedroom | 15'1 x 15'1 ft |
| Main Level | Foyer | 5'4 x 5'4 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
| Main Level | No | #3 |
Listed by: Royal Pacific Realty Corp.
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
- 2.54 km
- Elementary
- Chaffey-Burke Elementary School
- Above Average
- 0.46 km
- Secondary
- Moscrop Secondary School
- 1.36 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
- 1.79 km
- Elementary, Secondary
- Deer Lake School
- 2.27 km
Closest Transit
- Bus Stop
- Westbound Kingsway @ Barker Ave
- 0.06 km
- Skytrain
- Skytrain @ Patterson Stn
- 0.26 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
- 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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes
$178
Maintenance fee
0
Financing 80% of the $775,000 asking price over 30 years at 4% results in approximately $3,607/month in total estimated carrying costs, $178 property tax, $469 maintenance fee.
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 $2,817/month in rental income, leaving a -$839/month cashflow at current carrying costs. Investors targeting break-even would need roughly 43% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$775,000
Burnaby
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Metrotown
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20 comparable Apartment/Condos are currently active in Metrotown, with a median asking price of $792,666. This property is listed 2.2% below the local average and 1.4% 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
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 905 5885 Olive Avenue, Burnaby, BC?
The closest top-rated schools are Burnaby South Secondary School and Chaffey-Burke Elementary School.
Is 905 5885 Olive Avenue, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 905 5885 Olive Avenue, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $4,650.
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
