Buildings›Metrotown›Promenade
33 Units3 StoreysBuilt 1991FRAME - WOOD2 Active

Promenade — 5250 VICTORY STREET, Metrotown, Burnaby, BC

A 3-storey, 33-suite wood-frame strata in Burnaby's Metrotown neighbourhood

Homes For Sale (2)

ListedUnit / AddressBedsBathsPriceTier$/sqftSqftDOMStrata FeeTaxListed By
Aug 1, 26203 5250 VICTORY STREET22$579,999Lowest$59597563d$385/mo$1,937/yrSutton Group-West Co…
Sep 2, 26109 5250 VICTORY STREET22$599,999Top-Tier$61298031d$387/mo$1,958/yrOakwyn Realty Encore
Median (2 units)$589,999$60497847d$386/mo$1,947/yr
Market Summary

There are currently 2 active homes for sale at Promenade at 5250 VICTORY STREET, ranging from $580K to $600K. Promenade is a frame - wood building of 33 units built in 1991 located in Metrotown.

Building Details

Address5250 VICTORY STREET, Burnaby
Total Units33
Units in Strata33
Storeys3
Year Built1991
ConstructionFRAME - WOOD
Strata PlanNWS3401
Pet PolicyDogs allowed · Cats allowed

About This Building

Promenade is a 3-storey wood-frame strata building located at 5250 Victory Street in the Metrotown neighbourhood of Burnaby, BC. Built in 1991 under Strata Plan NWS3401, the building contains 33 suites and offers a modest, well-rounded set of amenities including an elevator, in-suite laundry, storage, and wheelchair access. The building is pet-friendly, welcoming both dogs and cats, and rentals are also permitted under its bylaws. Monthly strata fees cover garbage pickup, gardening, gas, and management, giving owners a clear picture of shared operating costs. Promenade suits buyers and investors looking for a low-rise strata option in one of Burnaby's most connected and walkable areas, with the practical benefits of in-suite laundry and accessible building design. Its relatively small suite count of 33 homes gives the building a quieter, more community-oriented feel compared to the larger high-rise developments common to the Metrotown area.

Location & Neighbourhood

Metrotown is one of Burnaby's primary urban centres, anchored by Metropolis at Metrotown shopping centre and well served by the SkyTrain Expo Line at Metrotown and Patterson stations, making car-free commuting to downtown Vancouver straightforward. The neighbourhood offers a dense mix of grocery stores, restaurants, and services within easy walking distance, and Central Park — a large forested green space straddling Burnaby and Vancouver — is located just to the north, providing significant recreational green space. Burnaby South Secondary and several elementary schools are also located nearby, making the area practical for a range of households.

Building Market Stats

Avg Asking Price
$590K

Amenities & Bylaws

Bylaw Restrictions

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

Amenities

✓ELEVATOR
✓IN SUITE LAUNDRY
✓STORAGE
✓WHEELCHAIR ACCESS

Features

✓gas fireplace
✓balcony
✓private patio for ground level
✓in suite laundry with storage
✓wheelchair access
✓storage locker
✓parking
✓caretaker
✓garbage pickup
✓gardening

Strata Fee Includes

✓GARBAGE PICKUP
✓GARDENING
✓GAS
✓MANAGEMENT

Strata Information

Financial Health

Strata Plan No.NWS3401
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 5250 VICTORY STREET?
Promenade is the strata complex located at 5250 VICTORY STREET, Metrotown, Burnaby, BC. Built in 1991. It has 33 residential units.
Are pets allowed at Promenade?
Yes. Dogs allowed · Cats allowed at Promenade.
How many units are in Promenade?
Promenade (5250 VICTORY STREET) has 33 residential units built in 1991. Strata Plan NWS3401.
When was Promenade built?
Promenade at 5250 VICTORY STREET was built in 1991. It is a frame - wood construction building.
What amenities does Promenade have?
Promenade amenities include: ELEVATOR, IN SUITE LAUNDRY, STORAGE, WHEELCHAIR ACCESS.
Who is the best realtor to sell my unit at Promenade?
Saeed Farahani specializes in Metrotown real estate and can provide a free, no-obligation valuation of your unit at Promenade.

Frequently Asked Questions

What is Promenade?+
Promenade is a 3-storey, 33-suite wood-frame strata building located at 5250 Victory Street in the Metrotown neighbourhood of Burnaby, BC. It was built in 1991 and is registered under Strata Plan NWS3401.
Where is Promenade located?+
Promenade is located at 5250 Victory Street in Metrotown, Burnaby, BC. The Metrotown neighbourhood sits in the geographic centre of Burnaby and is directly served by the SkyTrain Expo Line.
When was Promenade built?+
Promenade was built in 1991 using wood-frame construction. It is a 3-storey low-rise building typical of residential strata development in Burnaby during that era.
How many suites does Promenade have?+
Promenade contains 33 suites in total across its 3 storeys.
What amenities does Promenade have?+
Promenade offers an elevator, in-suite laundry, storage, and wheelchair access. These amenities are included across the building's 33 suites.
What do the strata fees cover at Promenade?+
Monthly strata fees at Promenade include garbage pickup, gardening, gas, and management. Owners should confirm the current fee amount directly with the strata or a listing agent.
Is Promenade pet-friendly?+
Yes, Promenade allows both dogs and cats under its strata bylaws. Prospective buyers should review the current bylaws for any size or quantity restrictions that may apply.
Are rentals allowed at Promenade?+
Yes, rentals are permitted at Promenade according to its strata bylaws. Buyers interested in investment purposes should confirm any applicable rental restrictions with the strata corporation directly.
What suites are currently available at Promenade?+
As of the most recent data available, there are 2 active listings at Promenade, both 2-bedroom suites. Availability changes frequently, so checking current MLS listings is recommended for up-to-date information.
What is the price range for suites at Promenade?+
Currently listed suites at Promenade are priced from $579,999 to $629,999 CAD. These are asking prices for the 2 active 2-bedroom suites and do not reflect historical sold prices.

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Location

📍5250 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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