OPEN HOUSE

1804 5885 Olive Ave, Burnaby, BC

$888,000
Est. Mortgage /mo

MLS® R3090419 · Metropolitan

2 Beds
2 Baths
1208 sqft
735 $ /sqft
521.94 $ Maint. fee
1991 Built
$888,000
Est. /mo with 20% down
$735/sqft · Tax $2,325/2025
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

Property Details & Specs

Welcome to The Metropolitan in Metrotown, one of Burnaby’s most well-cared-for and professionally managed buildings. This fully renovated 2 bedroom, 2 bathroom corner unit offers 1,208sqft of bright, open living space with 9’ ceilings and sweeping city views. Over $150K has been invested in high-end renovations, thoughtfully designed and finished to exceptional standards. Enjoy resort-style amenities including a fitness centre, recreation room, indoor pool, hot tub, and sauna. Major building upgrades include roof (2023), new elevators (2022), and full repiping (2012). Ideally located just outside the busiest part of Metrotown, steps to Patterson SkyTrain, Metrotown, Central Park, schools, shops, and dining. Open House Saturday March 7th & Sunday March 8th 2:00pm - 4:00pm.

Open houses

07 Mar, 2026 (02:00 PM to 04:00 PM)

08 Mar, 2026 (01:00 PM to 03:00 PM)

General Info

Price $888,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1208
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 1991
Age Of Building 35
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Exercise Centre, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3090419
Building Name Metropolitan
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5H 4N8
Price per Sqft $735
Gross Taxes $2,325.06
Ownership Type Freehold Strata
Maintenance Fee $521.94
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Under Building
Total Parking Spaces 1
Listed by: Behroyan & Associates Real Estate Services

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 & Transit Info

Public Schools

Secondary
Burnaby South Secondary School
2.54 km
Elementary
Chaffey-Burke Elementary School
Above Average
0.46 km
7.2/10
Secondary
Moscrop Secondary School
1.36 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
1.79 km
Elementary, Secondary
Deer Lake School
2.27 km

Closest Transit

Bus Stop
Westbound Kingsway @ Barker Ave
0.06 km
Skytrain
Skytrain @ Patterson Stn
0.26 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
41.1%
No Certificate/Degree
Below Average
8.3%
Owner Occupied
Below Average
38.9%
Employment Rate
Average
56.1%

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $194
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $4,108/month in total housing costs on this $888,000 property — $3,392 mortgage payment, $194 property tax, $522 maintenance fee.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Based on $3,228/month estimated rent and $4,164/month in total housing costs, this property has a -$936/month cashflow. Break-even down payment: approximately 43%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $888,000
Burnaby Loading...
Metrotown Loading...
Among 21 similar active listings in Metrotown, the average price is $792,666. At $888,000, this listing is priced 12% above the local average and 16.2% above the city-wide benchmark.
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

Property FAQs

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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