Home Burnaby, BC Metrotown Promenade 305 5250 Victory Street

305 5250 Victory St, Burnaby BC - Apartment/Condo for Sale - MLS# R2900932

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Listing updated: Oct 28, 2024 at 02:43am

EstateBlock checked: Oct 7, 2026 at 03:25am

2 Beds

2 Baths

1090 sqft

550 $ /sqft

1990 built

Closed

VERIFIED ACCOUNT REQUIRED

This property sold for

$●●●,●●●

Listing updated: Oct 28, 2024 at 02:43am

EstateBlock checked: Oct 7, 2026 at 03:25am

Photo

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: 2
Median ask: $590K
Median $/sqft: $604
Days on market: 51

This home

$550/sqft, 8.9% below the building median of $604.

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.

VERIFIED ACCOUNT REQUIRED

Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Public Schools

Secondary
Burnaby South Secondary School: 0.3 km
Elementary
Nelson Elementary School: Average 0.63 km 6.8/10

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 1.55 km 9/10
Elementary, Secondary
Deer Lake School: 2.6 km

Closest Transit

Bus Stop
Northbound Royal Oak Ave @ Sidley St: 0.08 km
Skytrain
Skytrain @ Royal Oak Stn: 0.21 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

54 / 100

Overall sell-speed score

Moderate pace expected

—

Price competition grade

No comparable data

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.21 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

37 DOM

Very fast

Metrotown avg

50 DOM

Average

Burnaby avg

50 DOM

Slower market

305 5250 Victory Street has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. 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 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.

Nearby Restaurants, Cafes & Shops

Shopping (43 nearby)

K-side hair salon · 247 m · Hairdresser
Mj's barber shop · 321 m · Hairdresser
Royal oak dry cleaning · 333 m · Laundry

Restaurants (43 nearby)

Freshslice pizza · 234 m · Fast Food
Sasaya bistro · 315 m · Restaurant
Something sweet · 351 m · Restaurant

Cafes (18 nearby)

La forêt · 235 m · Cafe
Ki tea house cafe · 308 m · Cafe
Single v coffee · 308 m · Cafe

Groceries (12 nearby)

Maggie's convenience store · 253 m · Convenience
Smart n save grocery & cafe · 400 m · Supermarket
Buy-low foods · 439 m · Supermarket

Healthcare (5 nearby)

South slope pharmacy · 368 m · Healthcare
Imperial remedy's rx pharmacy · 394 m · Healthcare
Imperial neighbourhood pharmacy · 910 m · Healthcare

Transit (2 nearby)

Skytrain @ royal oak stn station · 209 m · Transit
Bus stop northbound bonsor ave @ central blvd · 985 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 284 m
Nelson Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.1 / 10	Distance 628 m
Burnaby Youth Hub Secondary Program	Public	Grades Served —	Catchment Info —	2.7 / 10	Distance 773 m
Clinton Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 911 m
Windsor Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 1.01 KM
BC Provincial School For The Deaf Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 1.19 KM
South Slope Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 1.23 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 1.55 KM
Brantford Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 1.65 KM
Chaffey-Burke Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.18 KM
Suncrest Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.26 KM
Morley Elementary School	Public	Grades Served K-7	Catchment Info —	4.4 / 10	Distance 2.33 KM
Taylor Park Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.35 KM
Our Lady of Mercy	Independent	Grades Served —	Catchment Info —	10.0 / 10	Distance 2.73 KM
Gilpin Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.82 KM
Buckingham Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.88 KM
Champlain Heights Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 2.91 KM
Connaught Heights Elementary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 2.92 KM
Burnaby Central Secondary	Public	Grades Served —	Catchment Info —	6.6 / 10	Distance 2.93 KM

Pre-computed routes from 305 5250 Victory St, Burnaby, BC

305 5250 Victory St, Burnaby, BC Royal Oak 0.2 km

26 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Royal Oak → Waterfront
26 min
Metrotown, Burnaby via Royal Oak → Metrotown
8 min
SFU Burnaby via Royal Oak → Production Way
24 min
Richmond Centre via Royal Oak → Brighouse
51 min
YVR Airport via Royal Oak → YVR-Airport
52 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

305 5250 Victory St, Burnaby, BC is ideally located for commuters. The property is 0.2 km from Royal Oak, with a 26 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Royal Oak Ave @ Sidley St (0.08 km).

Mortgage Calculator for 305 5250 Victory Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $161

Maintenance fee 415.38

A 20% down payment of $119,800 on this $599,000 listing yields an estimated mortgage of $2,288/month (30-year fixed, 4%). Total estimated housing cost: $2,864/month, $161 property tax, $415 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

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

With $2,183/month in estimated rental income against $2,963/month in mortgage payments, the monthly cashflow is -$780/month. A 48% down payment would reach break-even.

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

Estateblock Rent Estimate for 305 5250 Victory Street, Burnaby

Buy Vs Rent Calculator

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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.