22 Units25 StoreysBuilt 1990CONCRETE7 Active
The Metropolitan — 5885 Olive Avenue , Metrotown, Burnaby, BC
Avg Sold Price
$704K
Avg $/sq ft
$703,750
Avg Days on Market
14d
Sold Price Trend
4 recorded sales, $690K (2025-11) → $650K (2026-08) -5.8%
Homes For Sale (7)
| Listed | Unit / Address | Beds | Baths | Price | Tier | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 20, 26 | 501 5885 OLIVE AVENUE | 2 | 2 | $683,000 | Lowest | $577 | 1,183 | 166d | $534/mo | $2,280/yr | Sutton Group - Vanco… |
| Jul 13, 26 | 1106 5885 OLIVE AVENUE | 2 | 2 | $688,000 | $585 | 1,177 | 82d | $609/mo | $2,322/yr | TRG The Residential … | |
| Jul 10, 26 | 1206 5885 OLIVE AVENUE | 2 | 2 | $706,000 | $599 | 1,178 | 85d | $609/mo | $2,322/yr | RE/MAX City Realty | |
| Aug 28, 26 | 805 5885 OLIVE AVENUE | 2 | 2 | $720,000 | $659 | 1,093 | 36d | $558/mo | $2,129/yr | Selmak Realty Limite… | |
| Aug 25, 26 | 1706 5885 OLIVE AVENUE | 2 | 2 | $738,000 | $626 | 1,178 | 39d | $609/mo | $2,524/yr | Royal LePage Sussex | |
| Sep 24, 26 | 905 5885 OLIVE AVENUE | 2 | 2 | $760,000 | $697 | 1,090 | 9d | $469/mo | $2,135/yr | Royal Pacific Realty… | |
| Sep 2, 26 | 2301 5885 OLIVE AVENUE | 2 | 2 | $1,188,000 | Top-Tier | $998 | 1,190 | 31d | $522/mo | $1,729/yr | ComFree |
| Median (7 units) | $720,000 | $626 | 1,178 | 39d | $558/mo | $2,280/yr | |||||
Sold History at The Metropolitan
2 units have sold at The Metropolitan in the past 6 months, with an average sale price of $703,750 ($703,750/sq ft).
| Date | Unit / Address | Beds | Baths | vs Asking | Sold Price | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Aug 13, 26 | 2002 5885 OLIVE AVENUE | 2 | 2 | View → | View Sold Price → | — | 1,237 | 24d | $640/mo | $2,245/yr | RE/MAX Crest Realty |
| May 18, 26 | 202 5885 OLIVE AVENUE | 2 | 2 | View → | View Sold Price → | — | 1,183 | 6d | $534/mo | $2,257/yr | One Percent Realty L… |
| Mar 29, 26 | 1804 5885 OLIVE AVENUE | 2 | 2 | View → | View Sold Price → | — | 1,208 | 3d | $522/mo | $2,325/yr | Behroyan & Associate… |
| Nov 20, 25 | 702 5885 OLIVE AVENUE | 2 | 2 | View → | View Sold Price → | — | 1,237 | 21d | $555/mo | $2,146/yr | RE/MAX Select Realty |
| Median (4 units) | — | — | — | 1,223 | 14d | $545/mo | $2,251/yr | ||||
Market Summary
There are currently 7 active homes for sale at The Metropolitan at 5885 Olive Avenue , ranging from $683K to $1.19M. Recent sold units have averaged $704K, selling in about 14 days on average (≈$703,750/sq ft). The Metropolitan is a concrete building of 22 units built in 1990 located in Metrotown.
Building Details
Building Market Stats
Avg Asking Price
$783K
Sold in 6 Months
2 units
Avg Sold Price
$704K
Avg $/SqFt
$703,750
Avg DOM
14 days
Sale-to-List
96.9%
Amenities & Bylaws
Strata Information
Financial Health
Strata Plan No.NWS3355
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 5885 Olive Avenue ?
The Metropolitan is the strata complex located at 5885 Olive Avenue , Metrotown, Burnaby, BC. Built in 1990. It has 22 residential units.
How many units are in The Metropolitan?
The Metropolitan (5885 Olive Avenue ) has 22 residential units built in 1990. Strata Plan NWS3355.
When was The Metropolitan built?
The Metropolitan at 5885 Olive Avenue was built in 1990. It is a concrete construction building.
What amenities does The Metropolitan have?
The Metropolitan amenities include: Air Conditioning, Central Air, Garden, Private Yard.
What has sold at 5885 Olive Avenue recently?
In the past 6 months, 2 units have sold at The Metropolitan, with an average sale price of $703,750.
What is the average sold price at The Metropolitan?
Recent units at The Metropolitan have sold for an average of $703,750, typically in 14 days on market.
Who is the best realtor to sell my unit at The Metropolitan?
The Metropolitan units have recently sold for an average of $703,750 in about 14 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 The Metropolitan?
Recent units at The Metropolitan have sold in an average of 14 days on market, with units typically selling at 96.9% of asking price.
Frequently Asked Questions
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