Home Burnaby, BC Metrotown Promenade 203 5250 Victory Street

203 5250 Victory St, Burnaby BC V5J 5H2 – Condo for Sale – MLS® R3152746

203 5250 Victory Street, Burnaby, British Columbia V5J 5H2

Burnaby Condos for Sale

96 days on the market

$579,999

Est. monthly cost $2,883/mo

Listing updated: Sep 3, 2026 at 11:36am

EstateBlock checked: Nov 5, 2026 at 03:45am

2 Beds

2 Baths

975 sqft

595 $ /sqft

385.45 $ Maint. fee

1990 built

Photos

Well maintained apartment located at Burnaby Metrotown area, corner of Royal Oak Avenue and Victory Street. Unbeatable location, one block to Royal Oak Skytrain. 975 s.f. NE corner unit, quiet unit facing inside. 2 bedrooms and 2 bathrooms has large balcony, this unit has its own hot water tank, price included one parking stall and one storage locker. School catchment: Nelson Elementary and Burnaby South Secondary. Close to Metrotown Centre, restaurants, neighbourhood shopping. All measurements are approx. buyer to verify if deem important. Immediate Possession.

Building 24 fields Inside & out 13 fields Lot & land 7 fields

Building Details

Price	$579,999
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	975
Year Built	1990
Age Of Building	36
Building Type	Apartment/Condo
Unit Style	Corner unit
Property Type	Residential
Stories	2
Building Amenities	Trash, Gas, Management
Ownership Type	Freehold Strata
Maintenance Fee	$385.45
Community Features	Shopping Nearby
Amenities Nearby	Trash, Gas, Management
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building, Side Access, Garage Door Opener
Total Parking Spaces	0
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Interior Features

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

Exterior Features

Exterior Features	Balcony
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3152746
Area	Burnaby South
Neighbourhood	Metrotown
City	Burnaby
Postal Code	V5J 5H2
Gross Taxes	$1,936.92
Zoning	VBSME

Property Timeline

Status	Date	Price
R3152746 / Active	08-01-2026	$579,999
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	19'4 x 19'4 ft
Main Level	Kitchen	8'11 x 8'11 ft
Main Level	Primary Bedroom	15'1 x 15'1 ft
Main Level	Bedroom	11'7 x 11'7 ft
Main Level	Foyer	12'10 x 12'10 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main Level	No	#3

Listed by: Sutton Group-West Coast 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.

About the building: Promenade

5250 Victory Street, Metrotown, Burnaby

Promenade building details

Building

Built: 1991
Homes: 33
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: NWS3401
Managed by: Tml Management
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: ManagementGasGardeningGarbage Pickup

Bylaws on record

Pets: Allowed; Cats and dogs OK, max 1
Rentals: Allowed

Market at Promenade

For sale: 1
Median ask: $580K
Median $/sqft: $595
Days on market: 96

This home

$595/sqft, in line with the building median of $595.

Homes for sale at Promenade, Burnaby Recent sold listings in Promenade, Burnaby

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

Map, sell speed & climate

SkyTrain 0.20 km · crime below average · sell-speed score 55/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (43 nearby)

K-side hair salon · 244 m · Hairdresser
Mj's barber shop · 316 m · Hairdresser
Royal oak dry cleaning · 328 m · Laundry

Restaurants (43 nearby)

Freshslice pizza · 231 m · Fast Food
Sasaya bistro · 310 m · Restaurant
Something sweet · 350 m · Restaurant

Cafes (18 nearby)

La forêt · 243 m · Cafe
Single v coffee · 305 m · Cafe
Ki tea house cafe · 306 m · Cafe

Groceries (12 nearby)

Maggie's convenience store · 250 m · Convenience
Smart n save grocery & cafe · 397 m · Supermarket
Buy-low foods · 433 m · Supermarket

Healthcare (5 nearby)

South slope pharmacy · 364 m · Healthcare
Imperial remedy's rx pharmacy · 394 m · Healthcare
Imperial neighbourhood pharmacy · 892 m · Healthcare

Transit (2 nearby)

Skytrain @ royal oak stn station · 205 m · Transit
Bus stop southbound bonsor ave @ bennett st · 998 m · Transit

Public Schools

Elementary
Nelson Elementary School: Above Average 0.61 km 7.1/10

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 1.57 km 8.7/10
Secondary
St. Thomas More Collegiate: Above Average 3.64 km 8.3/10

Closest Transit

Bus Stop
Northbound Royal Oak Ave @ Sidley St: 0.07 km
Skytrain
Skytrain @ Royal Oak Stn: 0.20 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 33.4%
No Certificate/Degree: Below Average 11.9%
Owner Occupied: Average 62.1%
Employment Rate: Above Average 67.9%

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

Sell Speed & Competition

55 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $589,167

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.20 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How METROTOWN compares

This property

96 DOM

Slower than area

Metrotown avg

50 DOM

Average

Burnaby avg

50 DOM

Faster market

203 5250 Victory Street has a sell-speed score of 55/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.6% 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 may take several weeks to attract serious offers.

Climate Risk for V5J 5H2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5J 5H2, 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 (~0.4 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

20 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Burnaby South Secondary	Public	Grades Served —	Catchment Info —	5.2 / 10	Distance 298 m
Nelson Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.1 / 10	Distance 610 m
Burnaby Youth Hub Secondary Program	Public	Grades Served —	Catchment Info —	2.7 / 10	Distance 757 m
Clinton Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 925 m
Windsor Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 1.03 KM
BC Provincial School For The Deaf Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 1.17 KM
South Slope Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 1.21 KM
Glenwood Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 1.48 KM
St. Francis de Sales	Independent	Grades Served K-7	Catchment Info —	8.7 / 10	Distance 1.57 KM
Brantford Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 1.67 KM
Chaffey-Burke Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.17 KM
Suncrest Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.24 KM
Morley Elementary School	Public	Grades Served K-7	Catchment Info —	4.4 / 10	Distance 2.35 KM
Taylor Park Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.37 KM
Our Lady of Mercy	Independent	Grades Served —	Catchment Info —	10.0 / 10	Distance 2.74 KM
Gilpin Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.83 KM
Champlain Heights Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 2.89 KM
Buckingham Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.90 KM
Burnaby Central Secondary	Public	Grades Served —	Catchment Info —	6.6 / 10	Distance 2.94 KM
Connaught Heights Elementary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 2.94 KM

Pre-computed routes from 203 5250 Victory St, Burnaby, BC

203 5250 Victory St, Burnaby, BC Royal Oak 0.2 km

25 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Royal Oak → Waterfront
25 min
Metrotown, Burnaby via Royal Oak → Metrotown
7 min
SFU Burnaby via Royal Oak → Production Way
23 min
Richmond Centre via Royal Oak → Brighouse
50 min
YVR Airport via Royal Oak → YVR-Airport
51 min

By car (off-peak)

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

Calculate your commute

203 5250 Victory St, Burnaby, BC is ideally located for commuters. The property is 0.2 km from Royal Oak, with a 25 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Royal Oak Ave @ Sidley St (0.07 km). Walk Score Transit rating: Excellent Transit (80/100).

Walkability & Transit Near 203 5250 Victory Street

Very Walkable 88

Walk Score - Very Walkable

Most errands can be accomplished on foot

Excellent Transit 80

Transit Score - Excellent Transit

Transit is convenient for most trips

Very Bikeable 71

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $2,883/month · rent estimate $2,226/month · owning catches up with renting by year 3 · cash flow if rented −$825/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 203 5250 Victory Street

$2,883 /month

Principal & Interest $2,337

Property Taxes $161

Maintenance fee $385

The estimated monthly cost of 203 5250 Victory Street, Burnaby is $2,883: $2,337 principal and interest with 20% down over 30 years at 4.45%, plus $161 property tax and $385 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

−$825 /month

Mortgage Payment $2,337

Monthly Cash Flow −$825

Break Even Down Payment 49%

Cap Rate -1.7%

Cash on Cash -8.5%

If 203 5250 Victory Street, Burnaby were rented at $2,226 a month with 5% vacancy, it would fall $825 a month short of the mortgage and carrying costs; about 49% 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 203 5250 Victory Street, Burnaby

$2,226 / month

Rent $2,226

Own $2,883

Principal: $752/mo Interest, tax, insurance, fees: $2,131/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$629/mo (year 1) → ~$1,463/mo (year 20) → ~$2,183/mo (year 29).

Net cost to own at year 5 ~$2,131/mo About $95/mo less than renting

EstateBlock estimates 203 5250 Victory Street, Burnaby would rent for about $2,226 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: 203 5250 Victory Street

Rent vs own

Owning catches up by year 3

With 20% down ($116,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $41,348

Principal paid off by year 10 $92,980

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 203 5250 Victory Street, Burnaby is cheaper at first, but owning catches up by year 3, with $41,348 of principal paid off by year 5 and $92,980 by year 10.