2701 5860 Olive Ave, Burnaby, BC | MLS^® R3072519 Property Details

Best value in Metrotown! Nestled at the heart of convenience, Onyx by Polygon provides direct access to the vibrant city life while offering a peaceful retreat at the same time. This north-facing 2-bed home provides vantages of incredible North shore mountains or breathtaking city lights. Both bedrooms in this home include a walk-in closet for additional space and comfortable living. The entire top floor of this stylish tower is a residents-only Sky Lounge with indoor and outdoor amenities. Future-friendly features include as a keyless entry door lock, a digital security system and more. Open by appointment only.

General Info

Price $1,107,900

Total Bedrooms 2

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 842

Lot Size -

Lot Size Depth Feet

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2028

Age Of Building 0

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Range Top

Building Amenities Clubhouse, Exercise Centre, Sauna/Steam Room, Concierge, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Recreation Facilities, Sewer, Water

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3072519

Area Burnaby South

Neighbourhood Metrotown

City Burnaby

Gross Taxes 0

Ownership Type Freehold Strata

Maintenance Fee $466.7

Community Features Shopping Nearby

Amenities Nearby Clubhouse, Exercise Centre, Sauna/Steam Room, Concierge, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Recreation Facilities, Sewer, Water

Heating & Cooling

Fireplace 0

Heating Type Heat Pump

Cooling Central Air, Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Sanitation, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Guest

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed

Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Rental Restrictions -

Zoning RM5

Rental Suites None

Laundry In Unit

# of Kitchens 0

Flooring Laminate, Mixed

Foundation Slab

Interior Features Elevator

Locker -

View -

View Description -

Units In Development 308

Exterior Features Balcony

Sewer Sanitation, Sanitary Sewer, Storm Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	14'6 x 14'6 ft
Main Level	Primary Bedroom	8'9 x 8'9 ft
Main Level	Bedroom	9'6 x 9'6 ft

Listed by: Polygon Realty Limited

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.

Neighborhood Info

Public Schools

Secondary

Burnaby South Secondary School

2.44 km

Elementary

Chaffey-Burke Elementary School

Above Average

0.47 km

7.2/10

Secondary

Moscrop Secondary School

1.42 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary

St.Mary's School

1.89 km

9.4/10

Excellent

Elementary, Secondary

Deer Lake School

2.26 km

Closest Transit

Bus Stop

Eastbound Kingsway @ Olive Ave

0.09 km

Skytrain

Skytrain @ Patterson Stn

0.24 km

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

Welcome to 2701 5860 Olive Avenue, a beautiful home in the heart of Burnaby, BC!

As we step into the vibrant community surrounding this property, MLS^® R3072519, I'm excited to share with you the many amenities and attractions that make this area so desirable.

Education at the forefront

Located just 0.47 km from Chaffey-Burke Elementary School, this home is perfectly positioned for families who value a top-notch education. With a rating of 7.2/10, Chaffey-Burke Elementary School is a popular choice among local parents. Just a short drive away, Burnaby South Secondary School (2.44 km) offers an excellent secondary education experience.

Safety first

According to Statistics Canada's 2020 report, the crime rate near 2701 5860 Olive Avenue, Burnaby, BC is 6,145.56, which is considered Below Average compared to other Canadian cities. This means that residents can enjoy a sense of peace and security in their community. Additionally, the drug crime rate is also Below Average, with a rating of 126.78, indicating a low incidence of illicit substance-related offenses.

Demographics

This thriving community is home to a diverse population, with 41.1% of residents holding a university certificate or degree, which is High compared to other BC neighbourhoods. On the other hand, 8.3% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income is $47,531, which is Low in comparison to the British Columbia average. However, the area is also seeing a growth in families, with 56.1% of families with children, making it an attractive option for young families.

Community amenities

Just down the road, you'll find the Eastbound Kingsway @ Olive Ave bus station, conveniently located just 0.09 km from this property. The area is also surrounded by excellent shopping and dining options, including the popular Metrotown Centre. Nature lovers will appreciate the nearby parks and trails, perfect for a leisurely stroll or bike ride.

Real estate context

The average value of dwellings in this neighbourhood is $523,380, which is Above Average compared to other areas in British Columbia. With a mix of owner-occupied and rental properties, the area offers a range of housing options to suit different budgets and lifestyles. On average, owners spend $1,037 per month on their dwellings, while tenants pay $1,255, which is Above Average compared to other cities.

Lifestyle and transportation

The area is well-connected to public transportation, with 49.3% of the population using public transport, making it an attractive option for those who value convenience and sustainability. With a population density of 13,933.5 people per square kilometre, the area is bustling with energy and activity. You'll also find a mix of English and French speakers, with 86.3% speaking English only, and 8% speaking neither English nor French.

In conclusion, 2701 5860 Olive Avenue, Burnaby, BC, MLS^® R3072519, is a wonderful home in a vibrant and diverse community. With its excellent schools, safe environment, and access to amenities, this property is an excellent choice for families, professionals, and anyone looking for a convenient and connected lifestyle.

2701 5860 Olive Ave, Burnaby, BC, MLS^® R3072519