Parkview Place
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Buildings›Metrotown›Parkview Place
36 Units3 StoreysBuilt 1989FRAME - WOOD

Parkview Place — 5350 VICTORY STREET, Metrotown, Burnaby, BC

A 3-storey wood-frame strata building in Burnaby's Metrotown neighbourhood
Avg Sold Price
$645K
Avg $/sq ft
$436,376
Avg Days on Market
24d
Sold Price Trend
3 recorded sales, $665K (2025-10) → $644K (2026-06) -3.2%

Sold History at Parkview Place

1 unit has sold at Parkview Place in the past 6 months, with an average sale price of $644,500 ($436,376/sq ft).

DateUnit / AddressBedsBathsvs AskingSold Price$/sqftSqftDOMStrata FeeTaxListed By
Jun 25, 26107 5350 VICTORY STREET22View →View Sold Price →—1,11928d$410/mo$2,280/yreXp Realty
Dec 10, 25111 5350 VICTORY STREET22View →View Sold Price →—99537d$350/mo$1,866/yrRE/MAX Select Realty
Oct 24, 25304 5350 VICTORY STREET22View →View Sold Price →—1,2047d$425/mo$2,170/yrStilhavn Real Estate…
Median (3 units)———1,11928d$410/mo$2,170/yr
What's your unit at Parkview Place worth?
1 unit sold here in the past 6 months, averaging $644,500 in 24 days. Get a free, no-obligation valuation based on what's actually selling in this building.
Market Summary

There are no active listings at Parkview Place at 5350 VICTORY STREET right now — contact Saeed to be notified the moment a unit comes to market. Recent sold units have averaged $645K, selling in about 24 days on average (≈$436,376/sq ft). Parkview Place is a frame - wood building of 36 units built in 1989 located in Metrotown.

Building Details

Address5350 VICTORY STREET, Burnaby
Total Units36
Units in Strata36
Storeys3
Year Built1989
ConstructionFRAME - WOOD
Strata PlanNWS2906
Pet PolicyNo pets permitted

About This Building

Parkview Place is a 3-storey wood-frame strata building located at 5350 Victory Street in the Metrotown neighbourhood of Burnaby, BC. Built in 1989 under Strata Plan NWS2906, the building contains 36 suites and offers a modest but practical set of amenities including an elevator, in-suite laundry, storage, and wheelchair access. The low-rise scale and wood-frame construction give the building a quieter, residential character compared to the high-rise towers that dominate much of the Metrotown area. Strata fees cover garbage pickup, gardening, gas, and management. Parkview Place's bylaws do not permit rentals, and the pet policy restricts pet ownership — prospective buyers who are pet owners or investors considering rental income should review the current bylaws carefully before purchasing. With 36 suites across three storeys, the building has a relatively tight-knit community feel and is well-suited to owner-occupiers looking for a central Burnaby address.

Location & Neighbourhood

Parkview Place sits within walking distance of Metropolis at Metrotown, one of the largest shopping centres in Metro Vancouver, as well as Metrotown SkyTrain Station on the Expo Line, which provides direct rapid transit access to downtown Vancouver and Surrey. The surrounding area offers a full range of daily amenities including grocery stores, restaurants, and medical services, while Central Park — a large forested green space straddling Burnaby and Vancouver — is located just a short walk to the west.

Building Market Stats

Sold in 6 Months
1 units
Avg Sold Price
$645K
Avg $/SqFt
$436,376
Avg DOM
24 days
Sale-to-List
93.5%

Amenities & Bylaws

Bylaw Restrictions

PetsNot Permitted
No pets permitted
RentalsRestricted
PETS ALLOWED W/REST.,RENTALS NOT ALLOWED
Short-Term RentalsCheck Bylaws
Confirm with strata before listing short-term.

Amenities

✓ELEVATOR
✓IN SUITE LAUNDRY
✓STORAGE
✓WHEELCHAIR ACCESS

Features

✓in suite laundry
✓gas fireplace
✓storage area
✓balcony
✓patio for ground level
✓parking
✓gardening
✓garbage pickup

Strata Fee Includes

✓GARBAGE PICKUP
✓GARDENING
✓GAS
✓MANAGEMENT

Strata Information

Financial Health

Strata Plan No.NWS2906
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 5350 VICTORY STREET?
Parkview Place is the strata complex located at 5350 VICTORY STREET, Metrotown, Burnaby, BC. Built in 1989. It has 36 residential units.
Are pets allowed at Parkview Place?
No. The strata bylaws at Parkview Place do not permit pets.
How many units are in Parkview Place?
Parkview Place (5350 VICTORY STREET) has 36 residential units built in 1989. Strata Plan NWS2906.
When was Parkview Place built?
Parkview Place at 5350 VICTORY STREET was built in 1989. It is a frame - wood construction building.
What amenities does Parkview Place have?
Parkview Place amenities include: ELEVATOR, IN SUITE LAUNDRY, STORAGE, WHEELCHAIR ACCESS.
What has sold at 5350 VICTORY STREET recently?
In the past 6 months, 1 unit has sold at Parkview Place, with an average sale price of $644,500.
What is the average sold price at Parkview Place?
Recent units at Parkview Place have sold for an average of $644,500, typically in 24 days on market.
Who is the best realtor to sell my unit at Parkview Place?
Parkview Place units have recently sold for an average of $644,500 in about 24 days. Saeed Farahani is a Metrotown specialist at Re/Max Crest Realty — contact Saeed for a free building valuation.
How long does it take to sell a unit at Parkview Place?
Recent units at Parkview Place have sold in an average of 24 days on market, with units typically selling at 93.5% of asking price.

Frequently Asked Questions

What is Parkview Place?+
Parkview Place is a 36-suite, 3-storey wood-frame strata condominium building located at 5350 Victory Street in the Metrotown neighbourhood of Burnaby, BC. It was built in 1989 and is registered under Strata Plan NWS2906.
Where is Parkview Place located?+
Parkview Place is located at 5350 Victory Street in Metrotown, Burnaby, BC. The Metrotown neighbourhood is centrally positioned in Burnaby and is well-served by the Expo Line SkyTrain.
When was Parkview Place built?+
Parkview Place was built in 1989 using wood-frame construction. It is a 3-storey low-rise building.
How many suites does Parkview Place have?+
Parkview Place has 36 suites across three storeys.
What amenities does Parkview Place have?+
Parkview Place offers an elevator, in-suite laundry, storage, and wheelchair access. These amenities are included within the building for residents.
What do the strata maintenance fees cover at Parkview Place?+
Strata fees at Parkview Place include garbage pickup, gardening, gas, and strata management. Buyers should confirm the current fee amount directly with the strata manager or through disclosure documents.
Is Parkview Place pet-friendly?+
Parkview Place's strata bylaws do not permit pets. Prospective buyers who own pets should review the current bylaws carefully before making an offer.
Can suites at Parkview Place be rented out?+
No — Parkview Place's strata bylaws do not permit rentals. This makes the building unsuitable for investors seeking rental income, and it is intended primarily for owner-occupiers.
What is the average sold price at Parkview Place?+
Based on MLS data from the past 12 months, three suites sold at Parkview Place with an average sold price of $644,500 and an average of 24 days on market. All figures are in CAD and reflect a small sample size.
Are there any suites for sale at Parkview Place right now?+
There are no active MLS listings at Parkview Place at this time. Buyers interested in the building may want to set up a listing alert or speak with a local Burnaby realtor to be notified when a suite becomes available.

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Location

📍5350 VICTORY STREET, Burnaby, Burnaby, Metrotown, 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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Saeed Farahani
Re/Max Crest Realty
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