Buyer guide · Metrotown

Buying at 5350 Victory Street

10 units at Parkview Place have sold since 2021 at a median of $650,500, achieving 101.9% of asking in about 13 days. Here is what that means for what you will pay — and what to read before you offer.

The numbers that set your offer
$650,500
Median sold
101.9%
Of asking price
13
Avg days on market
$601
Sold $/sq ft
0
Listed now

Sellers here are achieving list price or above, so plan on paying asking rather than negotiating a discount.

What you will pay, by size

Sold figures are what buyers actually paid across all 10 sales. Asking is what is listed today — nothing at the moment.

TypeSold avgSold rangeAsking now
2 bedroom · ~1122 sq ft$674,450$575K – $926K—

What to read before you offer

Whether Parkview Place is a good building to buy into is decided by its documents, not its listing photos. These are the ones that matter, and what each is for.

Strata minutes (2 years)
Where problems surface first — leaks, litigation, repeated repairs, and the arguments that precede a special levy.
Depreciation report
The 30-year forecast of major components and what they will cost. Tells you whether today’s fee is realistic or deferred.
Form B Information Certificate
Confirms the actual monthly fee, the contingency fund balance, any levies owing, parking and locker allocation, and rental or pet restrictions.
Engineering and remediation reports
Envelope, roof, plumbing and elevator work. An approved project not yet levied is a cost you inherit on completion.
Insurance summary
Deductibles on water damage have risen sharply across BC, and the strata can charge a deductible back to an owner.
Bylaws and rules
Rentals, pets, age restrictions, short-term use and renovation approvals. Parkview Place’s specifics are on the building page.

Saeed Farahani obtains and reviews these with you as part of representing you on a purchase.

Common questions

Is Parkview Place a good building to buy in?

No one can answer that honestly from the listing alone — it depends on what the documents say. The market record is a starting point: 10 units have sold here since 2021 at a median of $650,500, averaging 13 days on market and 101.9% of asking. What decides it is the strata minutes, the depreciation report and the Form B — whether work is approved but not yet levied, how healthy the contingency fund is, and whether the current fee reflects real costs. Saeed Farahani obtains and reviews those documents with you before you write an offer.

How much can I negotiate at Parkview Place?

Not much. Units at Parkview Place have sold at 101.9% of asking in about 13 days, which means sellers are generally achieving list price or above. Budget for paying asking rather than planning a discount, and be ready to move quickly.

What do units at Parkview Place actually sell for?

10 sales since 2021, from $575,000 to $926,000, median $650,500. That works out to about $601 per square foot. Asking prices on current listings are a separate question — what sold is what the market paid.

What is for sale at Parkview Place right now?

Nothing is listed at Parkview Place at the moment. Saeed can set up an alert so you hear about a listing here before it reaches the portals.

What amenities does Parkview Place have?

Amenities, bylaws and strata details for Parkview Place are set out in full on the building page, alongside current listings. This page covers the buying decision rather than repeating them.

Figures are drawn from recorded MLS® sales and current listings at Parkview Place (NWS2906) from 2021 onward and describe the building, not any individual home. Nothing here is a substitute for reviewing the strata documents. See amenities, bylaws and current listings →

Saeed Farahani
Saeed Farahani
Re/Max Crest Realty
📍 5350 Victory Street
Ask about Parkview Place

Why work with Saeed

Real estate expertise you can count on — reach out any time.

Call 778-883-3264or send a message
Buying at 5350 Victory Street (Parkview Place) — What Units Really Sell For, Median $651K