Home Burnaby, BC Metrotown Metro 2 316 5288 Grimmer Street

316 5288 Grimmer St, Burnaby BC - Apartment/Condo for Sale - MLS# R2851446

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Listing updated: Jul 1, 2025 at 11:10am

EstateBlock checked: Oct 5, 2026 at 07:10pm

2 Beds

2 Baths

836 sqft

897 $ /sqft

448.56 $ Maint. fee

2015 built

Closed

VERIFIED ACCOUNT REQUIRED

This property sold for

$●●●,●●●

Listing updated: Jul 1, 2025 at 11:10am

EstateBlock checked: Oct 5, 2026 at 07:10pm

Photo

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: 0.84 km
Elementary
Maywood Community School: Average 0.94 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 1.55 km 9/10
Elementary, Secondary
Deer Lake School: 2.03 km

Closest Transit

Bus Stop
Westbound Kingsway @ Denbigh Ave: 0.14 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

54 / 100

Overall sell-speed score

Moderate pace expected

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Price competition grade

No comparable data

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

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

66 DOM

Slower than area

Metrotown avg

50 DOM

Average

Burnaby avg

50 DOM

Faster market

316 5288 Grimmer 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 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 (BC ENV 2024). 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.

Nearby Restaurants, Cafes & Shops

Shopping (125 nearby)

Nimo beauty salon · 12 m · Beauty Shop
Lj's hair studio · 16 m · Hairdresser
Essen market eporium · 28 m · General

Restaurants (78 nearby)

Maruhachi ramen · 127 m · Restaurant
Boiling point · 134 m · Restaurant
Meetrice noodles · 154 m · Restaurant

Cafes (25 nearby)

Bengong's tea · 18 m · Cafe
Duoduo fruit shop · 25 m · Cafe
Sweethoney dessert · 37 m · Cafe

Groceries (14 nearby)

Boemma euro foods & deli · 198 m · Supermarket
Ribbon · 311 m · Supermarket
Maggie's convenience store · 340 m · Convenience

Healthcare (9 nearby)

Imperial remedy's rx pharmacy · 189 m · Healthcare
London drugs · 519 m · Healthcare
Bonsor pharmacy & medical supplies · 589 m · Healthcare

Transit (2 nearby)

Skytrain @ royal oak stn station · 386 m · Transit
Bus stop eastbound oakland st @ waltham ave · 989 m · Transit

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 711 m
Burnaby South Secondary	Public	Grades Served —	Catchment Info —	5.2 / 10	Distance 791 m
Windsor Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 936 m
Nelson Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 1.06 KM
Clinton Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.36 KM
BC Provincial School For The Deaf Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 1.43 KM
Brantford Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 1.47 KM
South Slope Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 1.47 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 1.77 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 2.15 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 2.43 KM
Moscrop Secondary School	Public	Grades Served 8-12	Catchment Info —	7.4 / 10	Distance 2.55 KM
Buckingham Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.57 KM
Taylor Park Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.68 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 2.94 KM
Burnaby Montessori School	Independent	Grades Served K-1	Catchment Info —	N/A	Distance 2.99 KM

Pre-computed routes from 316 5288 Grimmer St, Burnaby, BC

316 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

316 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 (0.14 km).

Mortgage Calculator for 316 5288 Grimmer Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $161

Maintenance fee 448.56

A 20% down payment of $150,000 on this $750,000 listing yields an estimated mortgage of $2,864/month (30-year fixed, 4%). Total estimated housing cost: $3,474/month, $161 property tax, $449 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.

Listing data last synced: Jul 1, 2025

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 $2,662/month in estimated rental income against $3,535/month in mortgage payments, the monthly cashflow is -$873/month. A 45% 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 316 5288 Grimmer 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.