PH09 5288 Grimmer St, Burnaby BC - Apartment/Condo for Sale - MLS# R3142356

54 days on the market
$515,000
Est. Mortgage $2,278/mo
Listing updated:
EstateBlock checked:
Metro 2
1 Beds
1 Baths
604 sqft
853 $ /sqft
361.44 $ Maint. fee
2015 built
54 days on the market
$515,000
Est. $2,278/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for PH09 5288 Grimmer Street

Welcome to Metro 2 in prime Metrotown! This bright, top-floor penthouse unit features a highly functional layout, a modern kitchen with quartz countertops, stainless steel appliances, raised ceilings for maximum natural light, and a private balcony. The home includes 1 secured parking stall and 1 storage locker. Unbeatable, central location with an incredible walk score. You are just steps away from the Royal Oak SkyTrain station, the Kingsway business corridor, Bonsor Community Centre, Metropolis at Metrotown, Crystal Mall, local parks, and schools. Perfect for urban convenience and modern living!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Storage
Heating Type Baseboard, Electric
# of Kitchens 1
Flooring Hardwood, Laminate, Tile, Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description north shore
Roof Asphalt, Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $515,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 604
Year Built 2015
Age Of Building 11
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse, Top Floor Unit
Stories 1
Building Amenities Caretaker, Trash, Maintenance Grounds
Building Name Metro 2
Ownership Type Freehold Strata
Maintenance Fee $361.44
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Single, Underground, Front Access
Total Parking Spaces 1
Strata Restrictions No Restrictions,Pets Allowed w/Rest.
Pet Restrictions Yes With Restrictions
Rental Suites None

Lot & Land

MLS® # R3142356
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5H 0C5
Gross Taxes $1,645.2
Zoning CD

Property Timeline

Status Date Price
R3142356 / Active 06-26-2026 $515,000
Rooms
Floor Type Dimensions
Main Level Kitchen 10'3 x 10'3 ft
Main Level Dining Room 14'2 x 14'2 ft
Main Level Primary Bedroom 10'3 x 10'3 ft
Main Level Living Room 14'2 x 14'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4

Listed by: Sunstar Realty Ltd.

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

Private Schools

Elementary
St. Francis de Sales
Above Average 1.54 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

56 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $535,600
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
54 DOM
Average
Metrotown avg
44 DOM
Average
Burnaby avg
44 DOM
Faster market

PH09 5288 Grimmer Street has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 4% 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 16.2% and an area average of 44 days on market — conditions are balanced. With only 506 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 (121 nearby)

  • Nimo beauty salon · 1 m · Beauty Shop
  • Nailosho · 19 m · Beauty Shop
  • Lj's hair studio · 27 m · Hairdresser

Restaurants (77 nearby)

  • Maruhachi ramen · 130 m · Restaurant
  • Boiling point · 137 m · Restaurant
  • Jin jiang shanghai restaurant · 149 m · Restaurant

Cafes (25 nearby)

  • Bengong's tea · 6 m · Cafe
  • Duoduo fruit shop · 13 m · Cafe
  • Sweethoney dessert · 25 m · Cafe

Groceries (14 nearby)

  • Boemma euro foods & deli · 205 m · Supermarket
  • Ribbon · 299 m · Supermarket
  • Hannam supermarket · 337 m · Supermarket

Healthcare (9 nearby)

  • Imperial remedy's rx pharmacy · 196 m · Healthcare
  • London drugs · 528 m · Healthcare
  • Bonsor pharmacy & medical supplies · 599 m · Healthcare

Transit (2 nearby)

  • Skytrain @ royal oak stn station · 392 m · Transit
  • Bus stop westbound central blvd @ 4500 block · 981 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

723 m

Burnaby South Secondary

Public

Grades Served

Catchment Info

5.2 / 10

Distance

790 m

Windsor Elementary School

Public

Grades Served

K-7

Catchment Info

5.5 / 10

Distance

925 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

1.54 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

2.13 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

2.37 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

2.55 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

0

Distance

2.99 KM

Pre-computed routes from PH09 5288 Grimmer St, Burnaby, BC

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

PH09 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 PH09 5288 Grimmer Street

Walk Score Badge
Car-Dependent 92

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 80

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
75

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for PH09 5288 Grimmer Street

/month
Principal & Interest
Property Taxes $137
Maintenance fee 361.44
A 20% down payment of $103,000 on this $515,000 listing yields an estimated mortgage of $1,967/month (30-year fixed, 4%). Total estimated housing cost: $2,465/month, $137 property tax, $361 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $1,877/month in estimated rental income against $2,516/month in mortgage payments, the monthly cashflow is -$639/month. A 46% 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 PH09 5288 Grimmer 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 $515,000
Burnaby Loading...
Metrotown Loading...

Based on 98 comparable active apartments/condos in Metrotown, the average asking price is $546,892. This listing is priced 5.8% below the neighbourhood average.

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 Real Estate Board of Greater Vancouver 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 PH09 5288 Grimmer Street

Walk Score Badge
Car-Dependent 92

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 80

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
75

Bike Score - Very Bikeable

Biking is convenient for most trips

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