308 5938 Olive Ave, Burnaby, BC | MLS^® R3080272 Property Details

A very limited collection of 3 bedroom homes at Perla by Polygon. There are only 4 homes like this in the whole tower! This south-facing residence boasts generous living and dining spaces, along with a 40-ft wide deck for outdoor living. The large ensuite features dual sinks and a spa-shower. Enjoy five-star grandeur at the extensive spa-inspired amenities, including a serene Jacuzzi and fully equipped fitness centre and more. The roof-top Perla sky lounge also awaits with an outdoor deck, a fireside social room with an adjoining catering kitchen, and a private dining room. Visit our sales office at 6039 McKay Ave., Burnaby, open by appointment only.

General Info

Price $1,279,900

Total Bedrooms 3

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 1130

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^® # R3080272

Area Burnaby South

Neighbourhood Metrotown

City Burnaby

Gross Taxes 0

Ownership Type Freehold Strata

Maintenance Fee $556.47

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

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

Rooms

Floor	Type	Dimensions
Main Level	Living Room	14'7 x 14'7 ft
Main Level	Dining Room	14'7 x 14'7 ft
Main Level	Bedroom	10'6 x 10'6 ft
Main Level	Bedroom	9'10 x 9'10 ft
Main Level	Bedroom	9'1 x 9'1 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

2.43 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

1.86 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

0.13 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 308 5938 Olive Avenue, a beautiful property located in the heart of Burnaby, BC. As a seasoned realtor with extensive knowledge of the area, I'm thrilled to share with you the many charms of this community.

Education

We're proud to have Chaffey-Burke Elementary School nearby, with a rating of 7.2/10. This school is just a 0.59 km walk from your doorstep, offering a top-notch education for your little ones. Families love this area because of the excellent school ratings and convenient location.

If you're looking for a secondary school, Burnaby South Secondary School is also nearby, with a rating of No Rating. It's a 2.43 km drive from your home, offering a range of academic and extracurricular opportunities for your teenagers.

We also have St. Mary's School, an independent elementary school with a rating of 9.4/10, just 1.86 km from your home. Deer Lake School, an independent secondary school with No Rating, is also nearby, just 2.37 km away.

Crime

According to the latest crime statistics from Statistics Canada (2020), this neighbourhood has a below-average crime rate of 6,145.56. This means you can enjoy a safe and peaceful living environment. In fact, the drug crime rate is also below average, with a rating of 126.78. There were 327 illegal substances lawbreaking disturbances in this city in 2020. The year-by-year change in the illegal substances offences ranking is 2.35%. The property crimes in the neighbourhood are average, with a rating of 3,691.76. There were 9,522 property misconduct incidents in the neighbourhood in 2020. The year-by-year change in the property misconduct rate is -17.54%. Violent lawbreaking disorders in 2020 were 2,304, and the rate is low compared to other BC municipalities. The year-by-year change in the violent crime rate is -5.51%.

Transit

Just a short 0.1 km walk from your home is the Patterson Station @ Bay 2, making it convenient to hop on the bus and explore the city. Whether you're commuting to work or running errands, the public transportation system is easily assessable from your doorstep.

Demographics

This neighbourhood 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 have no certificate or degree, which is low compared to the average in BC.

The median household income near your home 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. The percentage of households with a mortgage is 38.9%, which is low compared to other neighbourhoods.

Lifestyle Amenities

From the nearby Metrotown shopping centre to the scenic parks and trails, there's no shortage of lifestyle amenities in this neighbourhood. You'll find a variety of restaurants, coffee shops, and grocery stores within walking distance. The nearby hospital ensures that medical care is always readily available.

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. The average owner payments are below average, with homeowners spending $1,037 on average for their dwelling. Tenants, on the other hand, are paying $1,255 in this district, which is above average compared to other cities. 66.4% of the population in this district are renters, which is high compared to other BC cities and areas.

Unemployment and Growth

The unemployment rate in this area is 8.7%, which is average compared to other province neighbourhoods. The population change between 2011 and 2016 was 0.5%, which is average compared to average growth rate of this region.

Community

The average size of families in this area is 2.6, which is low compared to the whole region. The percentage of families with children is 56.1%, which is average. The percentage of married or living common law is 53.2%, which is below average.

Age and Transportation

The average age of the population in this area is 40.9, which is average compared to other BC cities. The average value of dwellings in this neighbourhood is $523,380, which is above average compared to other areas in British Columbia.

In terms of transportation, 49.3% of the population uses public transport, which is high. 39.3% use cars, which is low. 0.5% use bicycles, which is low