308 5938 Olive Ave, Burnaby, BC | MLS^® R3070003 Property Details

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. Visit our sales office at 6039 McKay Ave., Burnaby, open daily noon to 5pm except Fridays.

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 None

Basement Features BasementFeatures

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

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3070003

Area Burnaby South

Neighbourhood Metrotown

City Burnaby

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, Guest

Total Parking Spaces 1

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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 History

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Status	Date	Price

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

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 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

1.87 km

Elementary, Secondary

Deer Lake School

2.37 km

Closest Transit

Translink

Patterson Station @ Bay 2

0.1 km

Skytrain

Skytrain @ Patterson Stn

0.14 km

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

Welcome to 308 5938 Olive Avenue, a beautiful home for sale in the heart of Burnaby, BC!

As we step into this lovely community, you'll notice the excellent schools in the area, including Chaffey-Burke Elementary School, which is just a short 0.59 km from your front door. With a rating of 7.2/10, this school is a top choice for families. Plus, Burnaby South Secondary School is also nearby, located 2.42 km from your home, and offers a great education for students.

As a homeowner in 308 5938 Olive Avenue, you'll also have access to St. Mary's School, a highly-rated independent elementary school with a 9.4/10 rating, just 1.87 km away. For secondary education, Deer Lake School, another independent school, is 2.37 km from your home, offering a great alternative to public education.

Safety is a top priority in this community!

According to the latest crime data from Statistics Canada (2020), the neighbourhood around 308 5938 Olive Avenue, Burnaby, BC has an overall crime rate of 6,145.56, which is considered Below Average compared to other Canadian cities. The year-over-year change in the total crime rate is -11.13%, indicating a decrease in crime in the area.

Crime Breakdown:

Drug crime rate: Below Average, with a rating of 126.78 and 327 incidents in 2020
Property crimes: Average, with a rating of 3,691.76 and 9,522 incidents in 2020
Violent lawbreaking disorders: Low, with a rate of 893.28 and 2,304 incidents in 2020

Getting around is easy in this community!

Just a short walk from your home, you'll find Patterson Station @ Bay 2, a convenient bus stop located 0.1 km away.

Demographics:

41.1% of the population has a university certificate or degree, which is High compared to other BC neighbourhoods
8.3% of the population has no certificate or degree, which is Low compared to the average in BC
Median household income: $47,531, which is Low compared to the British Columbia average
Median personal income: $23,644, which is also Low compared to the BC average
% of households with a mortgage: 38.9%, which is Low

Unemployment rate:

The unemployment rate in the area around MLS^® R3070003 is 8.7%, which is Average compared to other province neighbourhoods.

Community growth:

The population change between 2011 and 2016 was 0.5%, which is Average compared to the average growth rate of the region.

Lifestyle:

Population density per square kilometre: 13,933.5, which is High
Average size of families: 2.6, which is Low compared to the whole region
% of families with children: 56.1%, which is Average
% of married or living common law: 53.2%, which is Below Average
Average age of the population: 40.9, which is Average compared to other BC cities

Real estate context:

Average value of dwellings: $523,380, which is Above Average compared to other areas in British Columbia
Average owner payments: Below Average, with owners spending $1,037 on average for their dwellings
Average tenant payments: Above Average, with tenants paying $1,255 on average for their dwellings
% of population renting: 66.4%, which is High compared to other BC cities and areas

Language and transportation:

% of English and French speakers: 5.6%, which is Below Average
% of English speakers only: 86.3%, which is also Below Average
% of Neither English nor French speakers: 8%, which is High compared to other BC cities
% of population using public transport: 49.3%, which is High
% of population using cars: 39.3%, which is Low
% of population using bicycles: 0.5%, which is Low
% of population walking: 9.1%, which is Above Average

Experience the best of Burnaby living at 308 5938 Olive Avenue, MLS^® R3070003. Contact me today to schedule a viewing!