301 5938 Olive Ave, Burnaby, BC, MLS® R3069996

$994,900
Est. Mortgage /mo

NEW

$994,900
Est. Mortgage /mo
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
2 Beds
2 Baths
5 Stories
$ 418.68 Maint. Fee
850 sqft
2026 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

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. Visit our sales office at 6039 McKay Ave., Burnaby, open noon to 5pm daily except Fridays.

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 1
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
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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
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, Burnaby, BC - Your Dream Home Awaits!

As a seasoned realtor, I'm excited to guide you through the charming community of Burnaby, where you'll find the perfect blend of convenience, amenities, and tranquility. Our featured property, 301 5938 Olive Avenue, is a hidden gem that boasts an ideal location, excellent schools, and a plethora of lifestyle amenities.

Excellent Schools in the Neighborhood

When it comes to education, Burnaby has a reputation for delivering top-notch schools. 301 5938 Olive Avenue is serviced by the highly-rated Chaffey-Burke Elementary School, which is just a 0.59 km stroll away. With a rating of 7.2/10, this school is a favorite among parents and children alike. Additionally, Burnaby South Secondary School, located 2.42 km from the property, boasts a rating of No Rating, making it an excellent choice for students of all ages.

Safety First

The crime rate in the area surrounding 301 5938 Olive Avenue, Burnaby, BC, is a reassuring 6,145.56, which is considered Below Average compared to other Canadian cities. According to Statistics Canada's 2020 report, there were 15,851 volation disturbances in the neighborhood, with a year-by-year change in the total crime rate of -11.13%. This means our community is a safe and secure place to live, work, and play.

Demographics and Lifestyle

The neighborhood surrounding 301 5938 Olive Avenue, Burnaby, BC, is a vibrant and diverse community. With 41.1% of residents holding a university certificate or degree, this area is a hub of education and intellectual pursuits. The median household income is $47,531, which is relatively Low compared to the British Columbia average. However, the median personal income is $23,644, which is also Low in comparison.

Transit and Commuting

Convenience is key when it comes to transportation. The closest bus station, Patterson Station @ Bay 2, is a mere 0.1 km away from 301 5938 Olive Avenue, making it an ideal location for commuters. With an average unemployment rate of 8.7%, this area is a great place to find employment opportunities.

Lifestyle Amenities

Burnaby is renowned for its abundance of lifestyle amenities, and 301 5938 Olive Avenue is no exception. The neighborhood boasts numerous parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and more. With an average value of dwellings in the area of $523,380, this property offers an excellent return on investment.

Real Estate Context

As a seasoned realtor, I can attest that the real estate market in Burnaby is thriving. With an average owner payments of $1,037, this area is a great place to own a home. Additionally, with 66.4% of the population renting, this area is an attractive option for investors.

Neighborhood Insights

Some additional insights into the neighborhood surrounding 301 5938 Olive Avenue, Burnaby, BC, include:

  • Population change between 2011 and 2016 was 0.5%, which is Average in comparison to average growth rate of this region.
  • Population density per square kilometre is 13,933.5, which is High.
  • Average size of families in the area is 2.6, which is Low.
  • Percent of families with children is 56.1%, which is Average.
  • Average age of the population is 40.9, which is Average in comparison to other BC cities.

Make 301 5938 Olive Avenue, Burnaby, BC, Your Home Today!

As you can see, 301 5938 Olive Avenue, Burnaby, BC, is an exceptional property that offers the perfect blend of convenience, amenities, and tranquility. With its excellent schools, safety features, and lifestyle amenities, this property is a must-see for anyone looking to purchase a home in the Burnaby area. Contact me today to schedule a viewing and make this property your dream home!

MLS® R3069996

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $994,900
Burnaby $866,345
Metrotown $912,937
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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