252 5355 Lane St, Burnaby BC – Condo for Sale – MLS® R3062627

252 5355 Lane Street, Burnaby, British Columbia V5H 0H1

351 days on the market
$650,000
Est. Mortgage $2,876/mo
Listing updated:
EstateBlock checked:
2 Beds
2 Baths
770 sqft
844 $ /sqft
387.3 $ Maint. fee
2020 built
22.7% cheaper than comps
351 days on the market
$650,000
Est. $2,876/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 252 5355 Lane Street

22.7% cheaper than comps

In the Heart of Metrotown! This bright and contemporary 2-bedroom, 2-bathroom home features 9-ft ceilings, an open-concept kitchen with a sleek island, quartz countertops, and stainless steel appliances. Stylish laminate flooring enhances its modern appeal. Located just steps from Royal Oak SkyTrain, Metrotown, Kingsway’s shops and restaurants, and Bonsor Community Centre, this home offers unmatched convenience. The pet-friendly building allows rentals and includes 1 parking space, 1 storage locker, ample visitor parking, and 3 shared EV chargers. School catchment: Maywood Community Elementary & Burnaby South Secondary. Don’t miss this incredible opportunity—schedule your viewing today!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Elevator, Storage
Fireplace 0
Heating Type Electric
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $650,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 770
Year Built 2020
Age Of Building 5
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal, Water
Ownership Type Freehold Strata
Maintenance Fee $387.3
Amenities Nearby Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Underground, Front Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Suites None

Lot & Land

Lot Size Depth Feet
MLS® # R3062627
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5H 0H1
Gross Taxes $2,076.91
Zoning CD

Property Timeline

Status Date Price
R3062627 / Active 10-28-2025 $650,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Foyer 4'1 x 4'1 ft
Main Level Walk-In Closet 2'10 x 2'10 ft
Main Level Kitchen 8'4 x 8'4 ft
Main Level Dining Room 11'9 x 11'9 ft
Main Level Living Room 11'9 x 11'9 ft
Main Level Laundry 3' x 3' ft
Main Level Bedroom 10'4 x 10'4 ft
Main Level Walk-In Closet 6'6 x 6'6 ft
Main Level Primary Bedroom 13'4 x 13'4 ft
Main Level Walk-In Closet 6'6 x 6'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #3

Listed by: Luxmore 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.

Map & Neighbourhood

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

Sell Speed & Competition

74 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $797,550
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.34 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
351 DOM
Slower than area
Metrotown avg
50 DOM
Average
Burnaby avg
50 DOM
Faster market

252 5355 Lane Street has a sell-speed score of 74/100, placing it in the "Expected to sell within weeks" band. The listing is priced 22.7% 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 only 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 0H1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5H 0H1, 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 (~0.8 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.

Nearby Restaurants, Cafes & Shops

Shopping (93 nearby)

  • Nailosho · 93 m · Beauty Shop
  • Nimo beauty salon · 103 m · Beauty Shop
  • Lj's hair studio · 119 m · Hairdresser

Restaurants (76 nearby)

  • White spot · 153 m · Restaurant
  • Jin jiang shanghai restaurant · 190 m · Restaurant
  • Little caesars · 193 m · Fast Food

Cafes (25 nearby)

  • Sugar lab · 84 m · Cafe
  • Sweethoney dessert · 89 m · Cafe
  • Duoduo fruit shop · 96 m · Cafe

Groceries (15 nearby)

  • Hannam supermarket · 257 m · Supermarket
  • Ribbon · 275 m · Supermarket
  • Maggie's convenience store · 294 m · Convenience

Healthcare (7 nearby)

  • Imperial remedy's rx pharmacy · 161 m · Healthcare
  • London drugs · 622 m · Healthcare
  • Bonsor pharmacy & medical supplies · 685 m · Healthcare

Transit (2 nearby)

  • Skytrain @ royal oak stn station · 336 m · Transit
  • Bus stop eastbound oakland st @ waltham ave · 995 m · Transit

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

698 m

Burnaby Youth Hub Secondary Program

Public

Grades Served

—

Catchment Info

—
2.7 / 10

Distance

764 m

Windsor Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.5 / 10

Distance

853 m

Nelson Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

1.03 KM

Clinton Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

1.25 KM

Brantford Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

1.41 KM

BC Provincial School For The Deaf Elementary

Public

Grades Served

—

Catchment Info

—
6.2 / 10

Distance

1.45 KM

St. Francis de Sales

Independent

Grades Served

K-7

Catchment Info

—
8.7 / 10

Distance

1.47 KM

South Slope Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

1.49 KM

Chaffey-Burke Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

1.88 KM

Glenwood Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.4 / 10

Distance

1.90 KM

Morley Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.4 / 10

Distance

2.09 KM

Gilpin Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

2.32 KM

Burnaby Central Secondary

Public

Grades Served

—

Catchment Info

—
6.6 / 10

Distance

2.43 KM

Suncrest Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

2.47 KM

Buckingham Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

2.54 KM

Taylor Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

2.57 KM

Moscrop Secondary School

Public

Grades Served

8-12

Catchment Info

—
7.4 / 10

Distance

2.66 KM

École Inman Elementary

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

2.83 KM

Douglas Road Elementary

Public

Grades Served

—

Catchment Info

—
6.2 / 10

Distance

2.93 KM

Pre-computed routes from 252 5355 Lane St, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Royal Oak → Waterfront
    27 min
  • Metrotown, Burnaby via Royal Oak → Metrotown
    9 min
  • SFU Burnaby via Royal Oak → Production Way
    25 min
  • Richmond Centre via Royal Oak → Brighouse
    52 min
  • YVR Airport via Royal Oak → YVR-Airport
    53 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
    7 min
  • Richmond Centre via No. 3 Rd
    15 min
  • YVR Airport via Bridgeport / Sea Island
    17 min

Calculate your commute

252 5355 Lane St, Burnaby, BC is ideally located for commuters. The property is 0.3 km from Royal Oak, with a 27 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Kingsway @ Denbigh Ave (0.16 km). Walk Score Transit rating: Excellent Transit (81/100).

Walkability & Transit Near 252 5355 Lane Street

Walk Score Badge
Car-Dependent 89

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 81

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
79

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 252 5355 Lane Street

/month
Principal & Interest
Property Taxes $173
Maintenance fee 387.3
Based on a 30-year fixed at 4% interest with 20% down ($130,000), the estimated monthly payment for this listing is $3,043/month — $2,483 principal & interest, $173 property tax, $387 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.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $2,308/month, this property runs a $789/month shortfall after mortgage and carrying costs. Break-even requires approximately 46% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 252 5355 Lane Street, Burnaby

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

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.

Price vs Neighbourhood Average — Metrotown, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $650,000
Burnaby Loading...
Metrotown Loading...

Based on 138 comparable active apartments/condos in Metrotown, the average asking price is $841,335. This listing is priced 22.7% below the neighbourhood average. This property is flagged as a Hot Deal (22.7% 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 252 5355 Lane Street

Walk Score Badge
Car-Dependent 89

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 81

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
79

Bike Score - Very Bikeable

Biking is convenient for most trips

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