Home Burnaby, BC Metrotown Metro 2 202 5288 Grimmer Street

202 5288 Grimmer St, Burnaby BC V5H 0C5 – Condo for Sale – MLS® R3165560

202 5288 Grimmer Street, Burnaby, British Columbia V5H 0C5

Burnaby Condos for Sale

51 days on the market

$608,000

Est. monthly cost $3,135/mo

Listing updated: Oct 19, 2026 at 06:27pm

EstateBlock checked: Nov 5, 2026 at 04:10am

2 Beds

2 Baths

836 sqft

727 $ /sqft

506.01 $ Maint. fee

2015 built

20.1% cheaper than comps

Photos

Welcome to Metro 2 in the heart of Metrotown! This bright and well-maintained 2bed/2bath offers an efficient open-concept layout. The spacious living area features large windows and quality laminate flooring, while the modern kitchen is equipped with stainless steel appliances, ample cabinetry and stone countertops. Built in 2015, Metro 2 offers the perfect combination of modern living and unbeatable convenience. Just steps from Royal Oak SkyTrain Station, Kingsway shops and restaurants, Bonsor Community Centre, parks and schools, with Metropolis at Metrotown only minutes away. Includes 1 parking stall and 1 storage locker. Do not miss this one!

Building 24 fields Inside & out 11 fields Lot & land 8 fields

Building Details

Price	$608,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	836
Year Built	2015
Age Of Building	11
Building Type	Apartment/Condo
Unit Style	Corner unit
Property Type	Residential
Stories	1
Building Amenities	Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer
Ownership Type	Freehold Strata
Maintenance Fee	$506.01
Amenities Nearby	Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer
Utility Type	Community, Electricity Connected, Water Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Underground, Guest
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 Suites	None

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Fireplace	0
Heating Type	Baseboard
# of Kitchens	1
Flooring	Laminate, Carpet
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3165560
Area	Burnaby South
Neighbourhood	Metrotown
City	Burnaby
Postal Code	V5H 0C5
Gross Taxes	$2,145.43
Zoning	CD

Property Timeline

Status	Date	Price
R3165560 / Active	09-15-2026	$608,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'3 x 12'3 ft
Main Level	Dining Room	12'3 x 12'3 ft
Main Level	Kitchen	12'3 x 12'3 ft
Main Level	Primary Bedroom	10'2 x 10'2 ft
Main Level	Bedroom	9'10 x 9'10 ft
Main Level	Foyer	7' x 7' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#3
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.

About the building: Metro 2

5288 Grimmer Street, Metrotown, Burnaby

Metro 2 building details

Building

Built: 2015
Homes: 80 in 4 storeys
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: EPS2759
Managed by: Remi Realty Ltd.
Parking: Visitor Parking, Garage: Underground
Lockers: Limited
Strata fee covers: Snow removalManagementHot WaterGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Allowed; Cats and dogs OK, max 2
Rentals: Allowed

Market at Metro 2

For sale: 2
Median ask: $562K
Median $/sqft: $790
Days on market: 92
Sold, past year: 4

This home

$727/sqft, 8% below the building median of $790.

Homes for sale at Metro 2, Burnaby Recent sold listings in Metro 2, Burnaby

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 0.39 km · crime below average · sell-speed score 72/100 (likely within weeks) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (121 nearby)

Nimo beauty salon · 5 m · Beauty Shop
Nailosho · 21 m · Beauty Shop
Lj's hair studio · 25 m · Hairdresser

Restaurants (78 nearby)

Maruhachi ramen · 132 m · Restaurant
Boiling point · 139 m · Restaurant
Jin jiang shanghai restaurant · 153 m · Restaurant

Cafes (25 nearby)

Bengong's tea · 9 m · Cafe
Duoduo fruit shop · 16 m · Cafe
Sweethoney dessert · 28 m · Cafe

Groceries (14 nearby)

Boemma euro foods & deli · 205 m · Supermarket
Ribbon · 302 m · Supermarket
Hannam supermarket · 338 m · Supermarket

Healthcare (9 nearby)

Imperial remedy's rx pharmacy · 192 m · Healthcare
London drugs · 528 m · Healthcare
Bonsor pharmacy & medical supplies · 598 m · Healthcare

Transit (2 nearby)

Skytrain @ royal oak stn station · 388 m · Transit
Bus stop eastbound oakland st @ waltham ave · 982 m · Transit

Private Schools

Elementary
St. Francis de Sales: Above Average 1.55 km 8.7/10
Secondary
St. Thomas More Collegiate: Above Average 3.69 km 8.3/10

Closest Transit

Bus Stop
Westbound Kingsway @ Denbigh Ave: 0.13 km
Skytrain
Skytrain @ Royal Oak Stn: 0.39 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

Sell Speed & Competition

72 / 100

Overall sell-speed score

Likely within weeks

A+

Price competition grade

Avg comparable: $761,016

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.39 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How METROTOWN compares

This property

51 DOM

Average

Metrotown avg

50 DOM

Average

Burnaby avg

50 DOM

Faster market

202 5288 Grimmer Street has a sell-speed score of 72/100, placing it in the "Expected to sell within weeks" band. The listing is priced 20.1% below comparable active properties in Metrotown, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 16% and an area average of 50 days on market — conditions are balanced. With 470 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V5H 0C5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5H 0C5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.4 µg/m³ — meets WHO 2021 guideline. Nearest station: Burnaby South, Burnaby (~0.9 km). Annual avg AQHI 2.2 — Low Risk.

Heat Moderate

Burnaby currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~7 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.4 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1393 mm (1981–2010 baseline), projected ~1445 mm by the 2050s. Extreme 1-day rainfall: ~47.8 mm baseline, ~53.3 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~24 days baseline, ~25 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Schools NearBy

22 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Burnaby Youth Hub Secondary Program	Public	Grades Served —	Catchment Info —	2.7 / 10	Distance 720 m
Burnaby South Secondary	Public	Grades Served —	Catchment Info —	5.2 / 10	Distance 788 m
Windsor Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 926 m
Nelson Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 1.07 KM
Clinton Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.35 KM
BC Provincial School For The Deaf Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 1.44 KM
Brantford Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 1.46 KM
South Slope Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 1.48 KM
St. Francis de Sales	Independent	Grades Served K-7	Catchment Info —	8.7 / 10	Distance 1.55 KM
Chaffey-Burke Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 1.78 KM
Glenwood Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 2.00 KM
Morley Elementary School	Public	Grades Served K-7	Catchment Info —	4.4 / 10	Distance 2.14 KM
Gilpin Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.25 KM
Burnaby Central Secondary	Public	Grades Served —	Catchment Info —	6.6 / 10	Distance 2.38 KM
Suncrest Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.44 KM
Moscrop Secondary School	Public	Grades Served 8-12	Catchment Info —	7.4 / 10	Distance 2.56 KM
Buckingham Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.56 KM
Taylor Park Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.67 KM
École Inman Elementary	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 2.73 KM
Douglas Road Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 2.86 KM
Champlain Heights Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 2.95 KM
Burnaby Montessori School	Independent	Grades Served K-1	Catchment Info —	N/A	Distance 2.99 KM

Pre-computed routes from 202 5288 Grimmer St, Burnaby, BC

202 5288 Grimmer St, Burnaby, BC Royal Oak 0.4 km

28 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Royal Oak → Waterfront
28 min
Metrotown, Burnaby via Royal Oak → Metrotown
10 min
SFU Burnaby via Royal Oak → Production Way
26 min
Richmond Centre via Royal Oak → Brighouse
53 min
YVR Airport via Royal Oak → YVR-Airport
54 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
14 min
Metrotown, Burnaby via Lougheed Hwy
1 min
SFU Burnaby via Gaglardi Way
7 min
Richmond Centre via No. 3 Rd
15 min
YVR Airport via Bridgeport / Sea Island
17 min

Calculate your commute

202 5288 Grimmer St, Burnaby, BC is ideally located for commuters. The property is 0.4 km from Royal Oak, with a 28 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Kingsway @ Denbigh Ave (0.13 km). Walk Score Transit rating: Excellent Transit (80/100).

Walkability & Transit Near 202 5288 Grimmer Street

Walker's Paradise 92

Walk Score - Walker's Paradise

Daily errands do not require a car

Excellent Transit 80

Transit Score - Excellent Transit

Transit is convenient for most trips

Very Bikeable 75

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $3,135/month · rent estimate $2,272/month · owning catches up with renting by year 13 · cash flow if rented −$1,026/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 202 5288 Grimmer Street

$3,135 /month

Principal & Interest $2,450

Property Taxes $179

Maintenance fee $506

The estimated monthly cost of 202 5288 Grimmer Street, Burnaby is $3,135: $2,450 principal and interest with 20% down over 30 years at 4.45%, plus $179 property tax and $506 strata fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$1,026 /month

Mortgage Payment $2,450

Monthly Cash Flow −$1,026

Break Even Down Payment 54%

Cap Rate -2.0%

Cash on Cash -10.1%

If 202 5288 Grimmer Street, Burnaby were rented at $2,272 a month with 5% vacancy, it would fall $1,026 a month short of the mortgage and carrying costs; about 54% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 202 5288 Grimmer Street, Burnaby

$2,272 / month

Rent $2,272

Own $3,135

Principal: $788/mo Interest, tax, insurance, fees: $2,347/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$660/mo (year 1) → ~$1,534/mo (year 20) → ~$2,288/mo (year 29).

Net cost to own at year 5 ~$2,347/mo About $75/mo more than renting

EstateBlock estimates 202 5288 Grimmer Street, Burnaby would rent for about $2,272 a month.

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Rent vs own: 202 5288 Grimmer Street

Rent vs own

Owning catches up by year 13

With 20% down ($121,600) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $43,345

Principal paid off by year 10 $97,468

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 202 5288 Grimmer Street, Burnaby is cheaper at first, but owning catches up by year 13, with $43,345 of principal paid off by year 5 and $97,468 by year 10.