2705 5938 Olive Ave, Burnaby, BC, MLS® R3070493

$1,118,900
Est. Mortgage /mo

$1,118,900
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
3 Beds
2 Baths
5 Stories
$ 423.98 Maint. Fee
864 sqft
2026 built
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Crime
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2705 5938 Olive Ave, Burnaby, BC | MLS® R3070493 Property Details

Welcome to Perla by Polygon - stylish parkside apartment homes in the heart of Metrotown! Designed by dys architecture, this 39-storey tower creates a sense of sophistication with clean lines and bold accents. Featuring a prime location, Perla is a short walk from Metropolis at Metrotown, the SkyTrain network as well as various shops, restaurants and services. This SE-facing corner home comes with a lot of designer details, and a junior third bedroom with a window (which also makes a great home office!) A walk-in closet with custom drawers and lighting in the main bedroom helps keep your wardrobe organized. Open by appointment only.

General Info

Price $1,118,900
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 864
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2026
Age Of Building 0
Building Type Apartment/Condo
Property Type Residential
Stories 5
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Bike Room, Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3070493
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Gross Taxes 0
Ownership Type Freehold Strata
Maintenance Fee $423.98
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal

Heating & Cooling

Fireplace 0
Heating Type Heat Pump

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Sanitation, Sanitary 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 CD-RM5
Rental Suites -
# of Kitchens 0
Flooring Laminate, Tile
Foundation Slab
Interior Features Elevator
Locker -
View -
View Description -
Units In Development 335
Exterior Features Garden, Playground, Balcony
Sewer Sanitation, Sanitary Sewer
Roof Other

Property History

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Status Date Price
Show more

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
2.42 km
Elementary
Chaffey-Burke Elementary School
Above Average
0.59 km
7.2/10
Secondary
Moscrop Secondary School
1.54 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
1.87 km
9.4/10
Excellent
Elementary, Secondary
Deer Lake School
2.37 km

Closest Transit

Bus Stop
Patterson Station @ Bay 2
0.1 km
Skytrain
Skytrain @ Patterson Stn
0.14 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 2705 5938 Olive Avenue, Burnaby, BC - MLS® R3070493

I'm thrilled to take you on a tour of this beautiful property, nestled in the heart of Burnaby, BC. As a seasoned realtor with over a decade of experience, I'm excited to share with you the unique features and benefits of this stunning home.

Education

This home is serviced by the highly-rated Chaffey-Burke Elementary School, which boasts a rating of 7.2/10. Located just 0.59 km from the property, this school is a prime example of the excellent educational opportunities available in the area. Families love this area because of its commitment to providing a high-quality education, and I'm confident that Chaffey-Burke Elementary School will be a fantastic choice for your children.

In addition to Chaffey-Burke Elementary School, this property is also close to Burnaby South Secondary School, which has a rating of No Rating. With a distance of 2.42 km, this school is easily accessible and provides a great option for students in the area.

For parents seeking an independent school education, the closest Elementary independent school is St. Mary's School, which has a rating of 9.4/10 and is located 1.87 km from the property. Meanwhile, the closest Secondary independent school is Deer Lake School, which has a rating of No Rating and is situated 2.37 km from the property.

Safety

When it comes to safety, this neighborhood excels. According to Statistics Canada's 2020 report, the overall crime rate near 2705 5938 Olive Avenue, Burnaby, BC is 6,145.56, which is Below Average compared to other Canadian cities. The rate of incidents per 100,000 population is 6,145.56, and year-by-year change in the total crime rate is -11.13%. This means that you can enjoy peace of mind knowing that your family is living in a safe and secure environment.

In terms of specific crime types, the drug crime rate is Below Average, with a rating of 126.78 and 327 illegal substances lawbreaking disturbances in 2020. The property crime rate is Average, with a rating of 3,691.76 and 9,522 incidents in 2020. Meanwhile, the violent crime rate is Low, with a rating of 893.28 and 2,304 incidents in 2020.

Demographics

The neighborhood surrounding 2705 5938 Olive Avenue, Burnaby, BC is a diverse and vibrant community. According to census data, 41.1% of residents have a university certificate or degree, which is High compared to other BC neighborhoods. Meanwhile, 8.3% of residents have no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near this property is $47,531, which is Low compared to the British Columbia average. The median personal income is $23,644, which is also Low compared to the BC average. However, the % of households with a mortgage in this census subdivision is 38.9%, which is Low.

Transit

One of the many advantages of living in this neighborhood is its excellent public transportation system. The closest bus station is Patterson Station @ Bay 2, which is just 0.1 km away from this property. This makes it easy to get around the city without a car, and 49.3% of residents in the area use public transportation, which is High.

Lifestyle Amenities

This neighborhood is blessed with a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. The average value of dwellings in this neighborhood is $523,380, which is Above Average compared to other areas in British Columbia.

Real Estate Context

In terms of real estate trends, the average owner payments are Below Average in the area adjacent to 2705 5938 Olive Avenue, with an average spend of $1,037 per month. Meanwhile, tenants are paying $1,255 per month, which is Above Average compared to other cities.

Overall, 2705 5938 Olive Avenue, Burnaby, BC - MLS® R3070493 is a fantastic opportunity for anyone looking to live in a safe, convenient, and vibrant community. With its excellent schools, low crime rate, diverse demographics, and easy access to public transportation, this property checks all the boxes for a perfect home.

Contact me today to schedule a viewing and make this property yours!

Realtor's Note:

I've rewritten the text to incorporate the required keywords while maintaining a conversational tone. The rewritten text includes the keywords "2705 5938 Olive Avenue

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,118,900
Burnaby $948,699
Metrotown $1,038,300
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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