257 5355 Lane St, Burnaby BC - Apartment/Condo for Sale - MLS# R3109220

$649,900
Est. Mortgage $2,875/mo
Eternity
2 Beds
2 Baths
755 sqft
861 $ /sqft
387.3 $ Maint. fee
2020 built
$649,900
$674,900
Est. $2,875/mo with 20% down
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

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Property Details for 257 5355 Lane Street

2 bedroom 2 bathroom 2 parking condo in Metrotown! Built in 2020, this home features 9' ceilings, laminate flooring throughout, and an open concept kitchen with quartz countertops and stainless steel appliances. Located steps from Royal Oak SkyTrain Station, Metropolis @ Metrotown, shops and restaurants along Kingsway, and Bonsor Community Centre. Pet friendly building allows rentals and includes 2 parking spots, 1 storage locker, ample visitor parking and 3 EV chargers.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Storage
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $649,900
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 755
Year Built 2020
Age Of Building 6
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Building Name Eternity
Ownership Type Freehold Strata
Maintenance Fee $387.3
Community Features Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Guest, Front Access
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Rental Suites None

Lot & Land

MLS® # R3109220
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5H 0H1
Gross Taxes $2,079.88
Zoning CD, C9

Property Timeline

Status Date Price
R3109220 / Active 04-09-2026 $649,900
Rooms
Floor Type Dimensions
Main Level Foyer 9'5 x 9'5 ft
Main Level Kitchen 9'6 x 9'6 ft
Main Level Dining Room 11'1 x 11'1 ft
Main Level Living Room 11'1 x 11'1 ft
Main Level Primary Bedroom 11'4 x 11'4 ft
Main Level Walk-In Closet 8'6 x 8'6 ft
Main Level Bedroom 12'1 x 12'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #4

Listed by: RE/MAX Sabre Realty Group

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.

Map & Neighbourhood

Private Schools

Elementary
St. Francis de Sales
Above Average
1.47 km
8.7/10
Secondary
St. Thomas More Collegiate
Above Average
3.61 km
8.3/10

Closest Transit

Bus Stop
Westbound Kingsway @ Denbigh Ave
0.16 km
Skytrain
Skytrain @ Royal Oak Stn
0.34 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
33.6%
No Certificate/Degree
Average
12.7%
Owner Occupied
Average
72%
Employment Rate
Average
60.1%

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

Sell Speed & Competition

46 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $609,996
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.34 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How METROTOWN compares
This property
91 DOM
Listed
Metrotown avg
Burnaby avg

257 5355 Lane Street has a sell-speed score of 46/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.1% above comparable active properties in Metrotown. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5H 0H1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5H 0H1, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.4 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Burnaby South, Burnaby (~0.8 km). Annual avg AQHI 2.2 — Low Risk.

Heat Moderate

Burnaby currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~7 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.4 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1393 mm (1981–2010 baseline), projected ~1445 mm by the 2050s. Extreme 1-day rainfall: ~47.8 mm baseline, ~53.3 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~24 days baseline, ~25 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 257 5355 Lane Street

Pre-computed routes from 257 5355 Lane St, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Royal Oak → Waterfront
    27 min
  • Metrotown, Burnaby via Royal Oak → Metrotown
    9 min
  • SFU Burnaby via Royal Oak → Production Way
    25 min
  • Richmond Centre via Royal Oak → Brighouse
    52 min
  • YVR Airport via Royal Oak → YVR-Airport
    53 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    14 min
  • Metrotown, Burnaby via Lougheed Hwy
    2 min
  • SFU Burnaby via Gaglardi Way
    7 min
  • Richmond Centre via No. 3 Rd
    15 min
  • YVR Airport via Bridgeport / Sea Island
    17 min

Calculate your commute

257 5355 Lane St, Burnaby, BC is ideally located for commuters. The property is 0.3 km from Royal Oak, with a 27 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Kingsway @ Denbigh Ave (0.16 km). Walk Score Transit rating: Excellent Transit (81/100).

Walkability & Transit Near 257 5355 Lane Street

Walk Score Badge
Car-Dependent 89

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 81

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
79

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 257 5355 Lane Street

/month
Principal & Interest
Property Taxes $173
Maintenance fee 387.3
A 20% down payment of $129,980 on this $649,900 listing yields an estimated mortgage of $2,482/month (30-year fixed, 4%). Total estimated housing cost: $3,042/month, $173 property tax, $387 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $2,307/month in estimated rental income against $3,095/month in mortgage payments, the monthly cashflow is -$789/month. A 46% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Metrotown, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $649,900
Burnaby Loading...
Metrotown Loading...

Based on 152 comparable active apartments/condos in Metrotown, the average asking price is $883,108. This listing is priced 26.4% below the neighbourhood average.

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 Agent & Brokerage

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

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Walkability & Transit Near 257 5355 Lane Street

Walk Score Badge
Car-Dependent 89

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 81

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
79

Bike Score - Very Bikeable

Biking is convenient for most trips

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