2705 5938 Olive Ave, Burnaby, BC

$1,118,900
Est. Mortgage /mo

MLS® R3081493 · Perla

3 Beds
2 Baths
864 sqft
1295 $ /sqft
423.98 $ Maint. fee
2026 Built
$1,118,900
Est. /mo with 20% down
$1,295/sqft
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 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.

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 -

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 -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3081493
Building Name Perla
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5H 2P6
Price per Sqft $1,295
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
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 & Transit 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
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

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
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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $0
Maintenance fee 0
Financing 80% of the $1,118,900 asking price over 30 years at 4% results in approximately $4,697/month in total estimated carrying costs, $424 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%
This listing generates an estimated $3,390/month in rental income, leaving a -$1,355/month cashflow at current carrying costs. Investors targeting break-even would need roughly 46% down.
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 $1,118,900
Burnaby Loading...
Metrotown Loading...
7 comparable Apartment/Condos are currently active in Metrotown, with a median asking price of $939,567. This property is listed 19.1% above the local average and 28.2% above the Burnaby 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

Property FAQs

What are the closest top-rated schools to 2705 5938 Olive Avenue, Burnaby, BC?

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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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