Oakterra — 5211 GRIMMER STREET, Metrotown, Burnaby, BC

Oakterra is a four-storey wood-frame strata building located at 5211 Grimmer Street in the Metrotown neighbourhood of Burnaby, BC. Completed in 2009 under Strata Plan BCS3628, the building contains 39 suites and offers a practical set of amenities including a bike room, elevator, and in-suite laundry. Hot water, caretaker services, garbage pickup, gardening, and professional strata management are all covered under the monthly strata fees, reducing the number of separate costs owners need to manage. Rentals are permitted within the building, which can be relevant for investors or owners who anticipate needing flexibility down the road. The strata bylaws do not permit pets, so this building is best suited to buyers who do not have or plan to have animals. Oakterra is a modestly sized building, which often means a more close-knit community feel and lower overall operating costs compared to larger high-rise developments in the Metrotown area.

Oakterra sits within walking distance of Metrotown, one of Burnaby's most transit-connected and commercially active neighbourhoods, anchored by Metropolis at Metrotown and served directly by the SkyTrain Expo Line at Metrotown Station. The area offers extensive everyday amenities including groceries, restaurants, medical offices, and the Bonsor Recreation Complex, with Central Park — a large green space with walking trails and sports facilities — just to the north. Schools in the area fall under School District 41 Burnaby, with several elementary and secondary options accessible by foot or a short transit ride.

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.

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