16.86% cheaper than comparables

PH35 5355 Lane St, Burnaby, BC

$599,000 Est. Mortgage /mo

MLS® R3067616

2 Beds
1 Baths
637 sqft
940 $ /sqft
336.04 $ Maint. fee
2020 built
$599,000
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

16.86% cheaper than comparables

Penthouse with one parking and one locker living at its best! This top-floor home offers exceptional quiet and privacy while being just a 5-minute walk to Royal Oak SkyTrain Station. Featuring 9-ft high ceilings with great natural light and an efficient layout. The den is large enough to function as a true bedroom - it comfortably fits a single bed, desk, and wardrobe. Owner-occupied and meticulously maintained, the unit is in excellent condition. Surrounded by convenient amenities, shops, and restaurants, with great school and daycare options nearby. Perfect for first-time buyers, investors, or those seeking a stylish and well-kept home in a prime Burnaby location. OPEN HOUSE: FEB 1, SUN, 2-4 PM.

General Info

Price $599,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 637
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 2020
Age Of Building 6
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3067616
Building Name -
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5H 0H1
Price per Sqft $940
Gross Taxes $1,892.31
Ownership Type Freehold Strata
Maintenance Fee $336.04
Amenities Nearby Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard

Utilities

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

Parking

Parking Type Underground
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning RES
Rental Suites -
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View -
View Description -
Units In Development 217
Exterior Features Garden, Balcony
Sewer Public Sewer
Roof Asphalt

Property Timeline

Status Date Price
R3067616 / Active 11-14-2025 $599,000
Rooms
Floor Type Dimensions
Main Level Primary Bedroom 10'8 x 10'8 ft
Main Level Bedroom 9'0 x 9'0 ft
Main Level Dining Room 7'6 x 7'6 ft
Main Level Living Room 11'2 x 11'2 ft
Main Level Kitchen 8'9 x 8'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Listed by: 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.

Neighborhood & Transit Info

Public Schools

Secondary
Burnaby South Secondary School
0.75 km
Elementary
Maywood Community School
Average
1 km
4.5/10

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
Above Average
1.47 km
9/10
Elementary, Secondary
Deer Lake School
2.1 km

Closest Transit

Bus Stop
Westbound Kingsway @ Denbigh Ave
0.16 km
Skytrain
Skytrain @ Royal Oak Stn
0.34 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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $158
Maintenance fee 0
Financing 80% of the $599,000 asking price over 30 years at 4% results in approximately $2,782/month in total estimated carrying costs, $158 property tax, $336 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 $2,298/month in rental income, leaving a -$543/month cashflow at current carrying costs. Investors targeting break-even would need roughly 39% 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 $599,000
Burnaby Loading...
Metrotown Loading...
23 comparable Apartment/Condos are currently active in Metrotown, with a median asking price of $706,876. This property is listed 15.3% below the local average and 15% below the Burnaby average. This property is flagged as a Hot Deal (16.86% cheaper than comparables) based on its competitive pricing and market demand.
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 PH35 5355 Lane Street, Burnaby, BC?
The closest top-rated schools are Burnaby South Secondary School and Maywood Community School.
Is PH35 5355 Lane Street, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for PH35 5355 Lane Street, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $3,594.
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 $4,469
0 of 17 missions

Sign up on Estateblock.com

$223 / 5%

Buy with us & save on this property

More Listings in This Building

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