Cottonwood Grove — recently sold unit at 105 5577 SMITH AVENUE
Cottonwood Grove — recently sold unit at 302 5577 SMITH AVENUE

Photos from current and recent MLS® listings at Cottonwood Grove. Listings courtesy of Sutton Group - Vancouver First Realty, Oakwyn Realty Northwest.

Buildings›Central Park BS›Cottonwood Grove
40 Units4 StoreysBuilt 1995FRAME - WOOD

Cottonwood Grove — 5577 SMITH AVE, Central Park BS, Burnaby, BC

A 40-suite, wood-frame building in Burnaby's Central Park neighbourhood since 1995.
Avg Sold Price
$442K
Avg $/sq ft
$574
Avg Days on Market
22d

Sold History at Cottonwood Grove

2 units have sold at Cottonwood Grove in the past 6 months, with an average sale price of $442,000 ($574/sq ft).

DateUnit / AddressBedsBathsvs AskingSold Price$/sqftSqftDOMStrata FeeTaxListed By
Nov 4, 26105 5577 SMITH AVENUE11—79716d$329/mo$1,714/yrSutton Group - Vanco…
Oct 11, 26302 5577 SMITH AVENUE11—74327d$316/mo$1,623/yrOakwyn Realty Northw…
Median (2 units)———77022d$323/mo$1,668/yr
Market Summary

There are no active listings at Cottonwood Grove at 5577 SMITH AVE right now — contact Saeed to be notified the moment a unit comes to market. Recent sold units have averaged $442K, selling in about 22 days on average (≈$574/sq ft). Cottonwood Grove is a frame - wood building of 40 units built in 1995 located in Central Park BS.

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Building Details

Address5577 SMITH AVE, Burnaby
Total Units40
Units in Strata40
Storeys4
Year Built1995
ConstructionFRAME - WOOD
Strata PlanLMS2151
Pet PolicyDogs allowed · Cats allowed

About This Building

Cottonwood Grove is a four-storey wood-frame strata building located at 5577 Smith Avenue in Burnaby, BC, within the Central Park neighbourhood. Built in 1995 under Strata Plan LMS2151, the building comprises 40 suites across four storeys. It offers a practical set of amenities including an elevator, in-suite laundry, and storage — features that suit both owner-occupiers and renters. The building is pet-friendly, permitting both dogs and cats subject to bylaw restrictions. Rentals are also permitted, making Cottonwood Grove an option for investors as well as residents. Strata fees cover garbage pickup, gardening, gas, and management, which simplifies ownership costs for suite holders. The mid-rise scale and wood-frame construction are typical of well-established Burnaby residential buildings from the mid-1990s, and the property benefits from its position in a mature, well-connected neighbourhood close to Central Park itself.

Location & Neighbourhood

Cottonwood Grove sits in Burnaby's Central Park neighbourhood, close to the 130-acre Central Park, which offers running trails, tennis courts, and sports fields. The area is well-served by transit, with Patterson and Metrotown SkyTrain stations on the Expo Line both within walking distance, providing direct access to downtown Vancouver and Surrey. Metrotown — one of the Lower Mainland's largest retail and service centres — is nearby, along with grocery stores, restaurants, and schools.

Building Market Stats

Sold in 6 Months
2 units
Avg Sold Price
$442K
Avg $/SqFt
$574
Avg DOM
22 days
Sale-to-List
95.8%

Amenities & Bylaws

Bylaw Restrictions

PetsAllowed
Dogs allowed · Cats allowed
RentalsAllowed
PETS ALLOWED W/REST.,RENTALS ALLOWED
Short-Term RentalsCheck Bylaws
Confirm with strata before listing short-term.

Amenities

✓ELEVATOR
✓IN SUITE LAUNDRY
✓STORAGE

Features

✓caretaker
✓designer floor plans
✓huge bedrooms
✓minimum hall space
✓open unbroken line of sight
✓ample in-suite closet and storage space
✓in-suite laundry
✓functioning alarm system
✓storage locker
✓gas fireplace
✓private fenced patio for ground level
✓balcony
✓natural gas hook-ups for barbecues on all balconies and patios
✓underground parking
✓bicycle areas
✓car wash stalls
✓richly landscaped
✓garbage pickup

Strata Fee Includes

✓GARBAGE PICKUP
✓GARDENING
✓GAS
✓MANAGEMENT

Strata Information

Financial Health

Strata Plan No.LMS2151
Contingency Reserve FundContact agent for details
CRF Per UnitContact agent for details
Special LeviesInquire with strata
Depreciation ReportAvailable on request

Management & Meetings

AGM ScheduleAnnual — contact strata
Council MembersElected owners
Insurance CoverageFull building replacement
Bylaw Last UpdatedContact strata for date
Note: Strata documents including full meeting minutes, the depreciation report, and bylaws are available to serious buyers upon request. Saeed can obtain and review these as part of your due diligence.

Quick Answers

What building is at 5577 SMITH AVE?
Cottonwood Grove is the strata complex located at 5577 SMITH AVE, Central Park BS, Burnaby, BC. Built in 1995. It has 40 residential units.
Are pets allowed at Cottonwood Grove?
Yes. Dogs allowed · Cats allowed at Cottonwood Grove.
How many units are in Cottonwood Grove?
Cottonwood Grove (5577 SMITH AVE) has 40 residential units built in 1995. Strata Plan LMS2151.
When was Cottonwood Grove built?
Cottonwood Grove at 5577 SMITH AVE was built in 1995. It is a frame - wood construction building.
What amenities does Cottonwood Grove have?
Cottonwood Grove amenities include: ELEVATOR, IN SUITE LAUNDRY, STORAGE.
What has sold at 5577 SMITH AVE recently?
In the past 6 months, 2 units have sold at Cottonwood Grove, with an average sale price of $442,000.
What is the average sold price at Cottonwood Grove?
Recent units at Cottonwood Grove have sold for an average of $442,000, typically in 22 days on market.
Who is the best realtor to sell my unit at Cottonwood Grove?
Cottonwood Grove units have recently sold for an average of $442,000 in about 22 days. Saeed Farahani is a Central Park BS specialist at Re/Max Crest Realty — contact Saeed for a free building valuation.
How long does it take to sell a unit at Cottonwood Grove?
Recent units at Cottonwood Grove have sold in an average of 22 days on market, with units typically selling at 95.8% of asking price.

Frequently Asked Questions

What is Cottonwood Grove?+
Cottonwood Grove is a 40-suite, four-storey wood-frame strata building at 5577 Smith Avenue in Burnaby's Central Park neighbourhood. Built in 1995 and registered under Strata Plan LMS2151, it is a mid-rise residential building suited to both owner-occupiers and renters.
Where is Cottonwood Grove located?+
Cottonwood Grove is located at 5577 Smith Avenue in Burnaby, BC, within the Central Park subarea. The neighbourhood sits near the Metrotown area and is close to the park from which it takes its name.
When was Cottonwood Grove built?+
Cottonwood Grove was built in 1995 using wood-frame construction. This building type is common among Burnaby residential strata buildings from that era.
How many suites does Cottonwood Grove have?+
Cottonwood Grove contains 40 suites across four storeys.
What amenities does Cottonwood Grove have?+
Cottonwood Grove offers an elevator, in-suite laundry, and storage. These amenities are included within the building for residents' use.
What are the maintenance fees at Cottonwood Grove?+
Strata fees at Cottonwood Grove cover garbage pickup, gardening, gas, and strata management. The inclusion of gas in the fees can help simplify monthly budgeting for suite owners.
Is Cottonwood Grove pet-friendly?+
Yes, Cottonwood Grove allows both dogs and cats, subject to bylaw restrictions. Prospective buyers or tenants with pets should review the strata bylaws for specific conditions.
Are rentals allowed at Cottonwood Grove?+
Yes, rentals are permitted at Cottonwood Grove according to the strata bylaws. This makes it a viable option for investors in addition to owner-occupiers.
What suites are currently available at Cottonwood Grove?+
As of the most recent data, there is one active listing at Cottonwood Grove — a one-bedroom suite. Availability changes frequently, so checking current MLS listings is recommended for up-to-date information.
What is the asking price at Cottonwood Grove?+
The current active listing at Cottonwood Grove is priced at $484,999 CAD for a one-bedroom suite. No recent sold price data is available at this time.

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Location

📍5577 SMITH AVE, Burnaby, Burnaby, Central Park BS, BCOpen in Google Maps →

What's Nearby

50/100
Walk Score
Somewhat Walkable
40/100
Transit Score
Some Transit
40/100
Bike Score
Some Biking

Scores are estimates based on local amenities and transit access. Actual walkability may vary.

🏫
Local Elementary School
Catchment school · < 1.5 km
🏫
Local Middle School
< 2 km
🏫
Local Secondary School
< 3 km
🏫
Nearby Private School
Independent option · < 5 km

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