301 5938 Olive Ave, Burnaby, BC | MLS^® R3069996 Property Details

Perla by Polygon - a distinctive concrete tower located in the heart of Metrotown, just a stone's throw from Central Park and Metropolis at Metrotown. At the top of the stylish tower, the Perla sky lounge awaits with an entire floor of meticulously crafted indoor and outdoor entertainment spaces. This SW corner home features a generous wrap-around deck for outdoor living. The sleek kitchen boasts Fulgor Milano appliances and a central island that doubles as a space-saving dining table. As Polygon's first TELUS Residential Smart Building, this home comes complete with keyless entry, smart home automation, smart parcel lockers and more. Open by appointment only.

General Info

Price $994,900

Total Bedrooms 2

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 850

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^® # R3069996

Area Burnaby South

Neighbourhood Metrotown

City Burnaby

Gross Taxes 0

Ownership Type Freehold Strata

Maintenance Fee $418.68

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 Description CENTRAL PARK

Units In Development 335

Exterior Features Garden, Playground, Balcony

Sewer Sanitation, Sanitary Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'5 x 12'5 ft
Main Level	Bedroom	10'11 x 10'11 ft
Main Level	Bedroom	10'1 x 10'1 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

2.42 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 301 5938 Olive Avenue, a beautiful home in the heart of Burnaby, BC. As your trusted realtor, I'm excited to share with you the wonderful features and amenities of this fantastic property, listed under MLS^® R3069996.

First, let's talk about the schools. Chaffey-Burke Elementary School, located just 0.59 km away, is a highly-rated institution with a 7.2/10 rating. Families love this area because of the excellent education options, and this school is no exception. Plus, Burnaby South Secondary School is also nearby, offering students a seamless transition from elementary to secondary education.

In addition to the excellent schools, this home is also close to several independent schools. St. Mary's School, for instance, is a top-rated elementary school with a 9.4/10 rating, located just 1.87 km from this property. Deer Lake School, another highly-regarded secondary school, is also within a short distance, with a rating of No Rating, but still a great option for families.

Now, let's talk about crime rates. According to the 2020 statistics from Statistics Canada, the crime rate near 301 5938 Olive Avenue, Burnaby, BC is 6,145.56, which is considered Below Average compared to other Canadian cities. The overall crime rate, including drug crimes and property crimes, is also low, making this a safe and secure neighborhood.

In terms of demographics, this neighborhood is known for its high level of education, with 41.1% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. The median household income is $47,531, which is Low compared to the British Columbia average, but the median personal income is $23,644, also Low in comparison.

The area is also home to a diverse range of residents, with 66.4% of the population living in rental accommodations, which is High compared to other BC cities. The average age of the population is 40.9, which is Average compared to other BC cities.

Now, let's talk about lifestyle amenities. This neighborhood is close to several parks, beaches, and trails, offering residents plenty of opportunities for outdoor recreation. The Metrotown area is also known for its vibrant shopping and dining scene, with a wide range of restaurants, coffee shops, and stores to explore.

In terms of transportation, the closest bus station is Patterson Station @ Bay 2, located just 0.1 km away, making it easy to get around the city without a car. The area is also well-connected to major highways, making it a convenient option for commuters.

The average value of dwellings in this neighborhood is $523,380, which is Above Average compared to other areas in British Columbia. The average owner payments are also Below Average, with owners spending an average of $1,037 per month on their dwellings. Tenants, on the other hand, are paying an average of $1,255 per month, which is Above Average compared to other cities.

Overall, 301 5938 Olive Avenue, Burnaby, BC, listed under MLS^® R3069996, is a fantastic option for families and individuals looking for a safe, secure, and convenient place to call home. With its excellent schools, low crime rates, and diverse range of lifestyle amenities, this property is sure to appeal to a wide range of buyers.

Don't miss out on this amazing opportunity to own a piece of Burnaby's real estate scene. Contact me today to schedule a viewing and make this property yours!