The Sonnet
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Buildings›Metrotown›The Sonnet
66 Units15 StoreysBuilt 1999CONCRETE1 Active

The Sonnet — 5848 OLIVE AVE, Metrotown, Burnaby, BC

A 15-storey concrete strata in Burnaby's Metrotown neighbourhood, built in 1999.
Avg Sold Price
$713K
Avg $/sq ft
$375,361
Avg Days on Market
25d

Homes For Sale (1)

ListedUnit / AddressBedsBathsPriceTier$/sqftSqftDOMStrata FeeTaxListed By
Aug 26, 26605 5848 OLIVE AVENUE22$799,000Lowest$6761,18238d$589/mo$2,540/yrGrand Central Realty
Median (1 unit)$799,000$6761,18238d$589/mo$2,540/yr

Sold History at The Sonnet

1 unit has sold at The Sonnet in the past 6 months, with an average sale price of $712,500 ($375,361/sq ft).

DateUnit / AddressBedsBathsvs AskingSold Price$/sqftSqftDOMStrata FeeTaxListed By
Apr 27, 26803 5848 OLIVE AVENUE22View →View Sold Price →—93548d$475/mo$2,045/yrRE/MAX Crest Realty
Jan 28, 26801 5848 OLIVE AVENUE22View →View Sold Price →—1,1461d$589/mo$2,349/yrMacdonald Realty
Median (2 units)———1,04125d$532/mo$2,197/yr
What's your unit at The Sonnet worth?
1 unit sold here in the past 6 months, averaging $712,500 in 25 days. Get a free, no-obligation valuation based on what's actually selling in this building.
Market Summary

There is currently 1 active home for sale at The Sonnet at 5848 OLIVE AVE, priced at $799K. Recent sold units have averaged $713K, selling in about 25 days on average (≈$375,361/sq ft). The Sonnet is a concrete building of 66 units built in 1999 located in Metrotown.

Building Details

Address5848 OLIVE AVE, Burnaby
Total Units66
Units in Strata66
Storeys15
Year Built1999
ConstructionCONCRETE
Strata PlanLMS3856
Pet PolicyDogs allowed · Cats allowed

About This Building

The Sonnet is a 15-storey concrete strata building located at 5848 Olive Avenue in the Metrotown neighbourhood of Burnaby, BC. Completed in 1999 under Strata Plan LMS3856, the building contains 66 suites and offers a compact, well-established community in one of Burnaby's most central and walkable areas. The Sonnet is a pet-friendly building, welcoming both dogs and cats subject to bylaw restrictions. Rentals are also permitted with restrictions, making it a practical option for investors as well as owner-occupants. The building is concrete construction, which generally offers good sound separation and durability. Monthly strata fees cover garbage pickup, gardening, hot water, and management — a reasonable inclusion set for a building of this age and size. There are no on-site amenity spaces listed for the building. Overall, The Sonnet suits buyers looking for a straightforward concrete strata in a high-demand Burnaby location with transit, shopping, and services close at hand.

Location & Neighbourhood

Metrotown is one of Burnaby's most walkable and transit-connected neighbourhoods, anchored by Metropolis at Metrotown — one of the largest shopping centres in Metro Vancouver — and served directly by the Metrotown SkyTrain station on the Expo Line. The area offers a wide range of grocery stores, restaurants, medical services, and everyday amenities within easy walking distance, along with Central Park just to the west, which provides green space, sports facilities, and walking trails. Burnaby South Secondary and several elementary schools are also located nearby, making the neighbourhood functional for a range of households.

Building Market Stats

Avg Asking Price
$799K
Sold in 6 Months
1 units
Avg Sold Price
$713K
Avg $/SqFt
$375,361
Avg DOM
25 days
Sale-to-List
98.4%

Amenities & Bylaws

Bylaw Restrictions

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

Amenities

✓NONE

Features

✓Functional floorplans
✓Floor-to-ceiling windows
✓Balconies
✓Mountain views
✓In-suite laundries
✓Storage
✓Secure parking
✓Party room
✓Large patio garden

Strata Fee Includes

✓GARBAGE PICKUP
✓GARDENING
✓HOT WATER
✓MANAGEMENT

Strata Information

Financial Health

Strata Plan No.LMS3856
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 5848 OLIVE AVE?
The Sonnet is the strata complex located at 5848 OLIVE AVE, Metrotown, Burnaby, BC. Built in 1999. It has 66 residential units.
Are pets allowed at The Sonnet?
Yes. Dogs allowed · Cats allowed at The Sonnet.
How many units are in The Sonnet?
The Sonnet (5848 OLIVE AVE) has 66 residential units built in 1999. Strata Plan LMS3856.
When was The Sonnet built?
The Sonnet at 5848 OLIVE AVE was built in 1999. It is a concrete construction building.
What amenities does The Sonnet have?
The Sonnet amenities include: NONE.
What has sold at 5848 OLIVE AVE recently?
In the past 6 months, 1 unit has sold at The Sonnet, with an average sale price of $712,500.
What is the average sold price at The Sonnet?
Recent units at The Sonnet have sold for an average of $712,500, typically in 25 days on market.
Who is the best realtor to sell my unit at The Sonnet?
The Sonnet units have recently sold for an average of $712,500 in about 25 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 Sonnet?
Recent units at The Sonnet have sold in an average of 25 days on market, with units typically selling at 98.4% of asking price.

Frequently Asked Questions

What is The Sonnet?+
The Sonnet is a 15-storey concrete strata building at 5848 Olive Avenue in the Metrotown neighbourhood of Burnaby, BC. Completed in 1999, the building contains 66 suites and is registered under Strata Plan LMS3856.
Where is The Sonnet located?+
The Sonnet is located at 5848 Olive Avenue in Metrotown, Burnaby, BC. The building sits in a central part of Burnaby within easy reach of the Metrotown SkyTrain station and Metropolis at Metrotown shopping centre.
When was The Sonnet built?+
The Sonnet was built in 1999. The building is concrete construction, which is common among mid- to high-rise strata developments in Metro Vancouver from that era.
How many suites does The Sonnet have?+
The Sonnet has 66 suites across 15 storeys.
Is The Sonnet pet-friendly?+
Yes, The Sonnet allows both dogs and cats, subject to bylaw restrictions. Prospective buyers or renters with pets should review the current strata bylaws to confirm any size or number limitations.
Are rentals allowed at The Sonnet?+
Yes, rentals are permitted at The Sonnet, though restrictions apply. Buyers intending to rent their suite should request the current rental bylaws from the strata or their real estate representative before purchasing.
What do the strata fees cover at The Sonnet?+
Strata fees at The Sonnet include garbage pickup, gardening, hot water, and professional strata management. Actual fee amounts will vary by suite size and should be confirmed through current strata documents.
What amenities does The Sonnet have?+
The Sonnet does not have dedicated on-site amenity spaces listed. Residents have access to the wide range of shops, parks, and services in the surrounding Metrotown neighbourhood.
What suites are currently for sale at The Sonnet?+
As of the most recent data, there is one active listing at The Sonnet — a two-bedroom suite listed at $849,000. Availability changes frequently, so it's worth checking current MLS listings for the most up-to-date information.
What have suites at The Sonnet sold for recently?+
Over the past 12 months, two suites at The Sonnet have sold at an average price of $712,500, with an average of 25 days on market. These figures are based on a small sample and may not reflect current market conditions.

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Location

📍5848 OLIVE AVE, 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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