By car (off-peak)
Sold
1703 8188 Fraser Street, Vancouver, BC
3
Beds
2
Baths
992
sqft
2021
built
PH47 5355 Lane St, Burnaby BC – Condo for Sale – MLS® R3141865
PH47 5355 Lane Street, Burnaby, British Columbia V5H 0H1
114 days on the market
$899,000
Est. Mortgage $3,977/mo
Listing updated:
EstateBlock checked:
3
Beds
2
Baths
900
sqft
999
$
/sqft
461.35
$
Maint. fee
2020
built
Photos
Property Details for PH47 5355 Lane Street
Welcome to your top-floor, corner unit 3 bed home in the heart of Metrotown! Built in 2020, this bright home features 9 ft ceilings, gourmet kitchen with quartz counters, Whirlpool stainless appliances, full-size laundry & laminate flooring all throughout. 2 side-by-side parking spots with EV chargers available in the building. 1 huge storage locker. Expansive south facing balcony perfect for Bbq or unwinding. Unbeatable location -- 5 min walk to Royal Oak Skytrain, 15min walk to Metrotown Mall, and easy access to Deer Lake, Bonsor, restaurants, grocery and school. Short 20min commute to downtown Vancouver. Don't miss this rare opportunity to own a well maintained home in a highly sought after neighborhood! Open House Sun July 5 2-4pm
Interior Features
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove, Oven |
| Interior Features | Elevator, Storage |
| Heating Type | Baseboard |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Laminate |
| Foundation | Concrete Perimeter |
Exterior Features
| Exterior Features | Balcony |
|---|---|
| Roof | Torch-On |
| Structures | Multi Family, Residential Attached |
Building Details
| Price | $899,000 |
|---|---|
| Total Bedrooms | 3 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 900 |
| Year Built | 2020 |
| Age Of Building | 6 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Stories | 1 |
| Building Amenities | Caretaker, Hot Water, Recreation Facilities |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $461.35 |
| Community Features | Shopping Nearby |
| Amenities Nearby | Caretaker, Hot Water, Recreation Facilities |
| Utility Type | Electricity Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Garage Double, Front Access |
| Total Parking Spaces | 2 |
| Strata Restrictions | Pets Allowed,Rentals Allowed |
| Pet Restrictions | Cats OK, Dogs OK, Number Limit (Two), Yes |
| Rental Restrictions | 100 |
| Rental Suites | None |
| Units In Development | 119 |
Lot & Land
| MLS® # | R3141865 |
|---|---|
| Area | Burnaby South |
| Neighbourhood | Metrotown |
| City | Burnaby |
| Postal Code | V5H 0H1 |
| Gross Taxes | $2,419.34 |
| Zoning | RES |
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 11'1 x 11'1 ft |
| Main Level | Bedroom | 8'10 x 8'10 ft |
| Main Level | Bedroom | 9'1 x 9'1 ft |
| Main Level | Primary Bedroom | 9'5 x 9'5 ft |
| Main Level | Kitchen | 11'1 x 11'1 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
| Main Level | No | #4 |
Listed by: RE/MAX Crest 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
Private Schools
- Elementary
- St. Francis de Sales
- Above Average 1.48 km
- Secondary
- St. Thomas More Collegiate
- Above Average 3.62 km
Closest Transit
- Bus Stop
- Westbound Kingsway @ Denbigh Ave
- 0.17 km
- Skytrain
- Skytrain @ Royal Oak Stn
- 0.32 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
50 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $842,363
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.32 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
114 DOM
Metrotown avg
50 DOM
Burnaby avg
50 DOM
PH47 5355 Lane Street has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.3% above comparable active properties in Metrotown. 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 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
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Fire
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
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
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
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
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 (99 nearby)
- Nailosho · 93 m · Beauty Shop
- Nimo beauty salon · 100 m · Beauty Shop
- Lj's hair studio · 114 m · Hairdresser
Restaurants (76 nearby)
- White spot · 166 m · Restaurant
- Jin jiang shanghai restaurant · 198 m · Restaurant
- Something sweet · 202 m · Restaurant
Cafes (25 nearby)
- Sweethoney dessert · 90 m · Cafe
- Sugar lab · 92 m · Cafe
- Duoduo fruit shop · 95 m · Cafe
Groceries (15 nearby)
- Hannam supermarket · 269 m · Supermarket
- Maggie's convenience store · 283 m · Convenience
- Ribbon · 288 m · Supermarket
Healthcare (7 nearby)
- Imperial remedy's rx pharmacy · 148 m · Healthcare
- London drugs · 614 m · Healthcare
- Bonsor pharmacy & medical supplies · 676 m · Healthcare
Transit (2 nearby)
- Skytrain @ royal oak stn station · 325 m · Transit
- Bus stop eastbound dover st @ nelson ave · 956 m · Transit
Schools NearBy
21 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Burnaby South Secondary |
Public |
Grades Served—
|
Catchment Info—
|
Distance695 m
|
|
Burnaby Youth Hub Secondary Program |
Public |
Grades Served—
|
Catchment Info—
|
Distance750 m
|
|
Windsor Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance866 m
|
|
Nelson Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.02 KM
|
|
Clinton Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.26 KM
|
|
Brantford Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.42 KM
|
|
BC Provincial School For The Deaf Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.43 KM
|
|
South Slope Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.48 KM
|
|
St. Francis de Sales |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance1.48 KM
|
|
Chaffey-Burke Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.87 KM
|
|
Glenwood Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.90 KM
|
|
Morley Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.11 KM
|
|
Gilpin Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.33 KM
|
|
Burnaby Central Secondary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.44 KM
|
|
Suncrest Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.45 KM
|
|
Buckingham Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.56 KM
|
|
Taylor Park Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.58 KM
|
|
Moscrop Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance2.65 KM
|
|
École Inman Elementary |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.82 KM
|
|
Douglas Road Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.94 KM
|
|
Champlain Heights Community Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.99 KM
|
Pre-computed routes from PH47 5355 Lane St, Burnaby, BC
PH47 5355 Lane St, Burnaby, BC
27 min
Downtown Vancouver
By transit (Skytrain)
-
Downtown Vancouver via Royal Oak → Waterfront27 min
-
Metrotown, Burnaby via Royal Oak → Metrotown9 min
-
SFU Burnaby via Royal Oak → Production Way25 min
-
Richmond Centre via Royal Oak → Brighouse52 min
-
YVR Airport via Royal Oak → YVR-Airport53 min
By car (off-peak)
-
Downtown Vancouver via HWY 1 / Grandview14 min
-
Metrotown, Burnaby via Lougheed Hwy2 min
-
SFU Burnaby via Gaglardi Way7 min
-
Richmond Centre via No. 3 Rd15 min
-
YVR Airport via Bridgeport / Sea Island17 min
Calculate your commute
PH47 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 (0.17 km). Walk Score Transit rating: Excellent Transit (81/100).
Walkability & Transit Near PH47 5355 Lane Street
Car-Dependent
89
Walk Score - Very Walkable
Most errands can be accomplished on foot
Some Transit
81
Transit Score - Excellent Transit
Transit is convenient for most trips
Somewhat
Bikeable 79
Bikeable 79
Bike Score - Very Bikeable
Biking is convenient for most trips
Mortgage Calculator for PH47 5355 Lane Street
/month
Principal & Interest
Property Taxes
$202
Maintenance fee
461.35
Financing 80% of the $899,000 asking price over 30 years at 4% results in approximately $4,097/month in total estimated carrying costs, $202 property tax, $461 maintenance fee.
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
This listing generates an estimated $3,105/month in rental income, leaving a -$1,049/month cashflow at current carrying costs. Investors targeting break-even would need roughly 45% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Estateblock Rent Estimate for PH47 5355 Lane Street, Burnaby
Buy Vs Rent Calculator
—
/ month
Principal: —
Interest, tax, insurance, fees: —
Rent vs own
—
Principal paid off by year 5
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Principal paid off by year 10
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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.
Price vs Neighbourhood Average — Metrotown, Burnaby
This Home
$899,000
Burnaby
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Metrotown
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Based on 6 comparable active apartments/condos in Metrotown, the average asking price is $845,500. This listing is priced 6.3% above 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
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