501 5885 OLIVE AVENUE, Burnaby BC
Burnaby, Metrotown
About This Property
Welcome to this exceptionally spacious 1,180 sq. ft. residence in an established, well-cared-for Burnaby building in the heart of Metrotown. This home features 2 generously sized bedrooms and 2 full bathrooms, offering a highly practical floor plan that easily accommodates house-sized furniture. Residents enjoy access to solid amenities including an indoor pool, recreation center, and sauna/steam room, all within a wheelchair-accessible building. Complete with 1 parking and 1 storage locker, this unit provides straightforward, comfortable living. Located just a short walk from the everyday conveniences of Metrotown, Central Park trails, and the SkyTrain, this property is a wonderful opportunity to secure substantial, well-connected space.
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Listing Details & Features
Apartment for sale in Metrotown, Burnaby — listed at $673,000. This 2 bedroom, 2 bathroom condo offers 1,183 sq ft of living space ($569/sq ft) and was built in 1990. Located in Metrotown, Burnaby. Home style: Multi Family,Residential Attached. Parking: Underground,Garage Door Opener. Building amenities include Wheelchair Access, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds. Features: Washer/Dryer, Dishwasher, Disposal, Refrigerator, Stove, Intercom. Monthly strata fees are $534. Annual property taxes: $2,280 (2025). Listed by Sutton Group - Vancouver First Realty — MLS® #R3113590.
Floor Area
Room Sizes
| Floor | Type | Dimensions |
|---|---|---|
| Main | Living Room | Sign in to view |
| Main | Dining Room | Sign in to view |
| Main | Kitchen | Sign in to view |
| Main | Laundry | Sign in to view |
| Main | Bedroom | Sign in to view |
| Main | Primary Bedroom | Sign in to view |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main | Y | Sign in to view |
| Main | N | Sign in to view |
About the Building
Location
Nearby Schools
School distances are approximate. Visit the school district website to confirm catchment areas.
Frequently Asked Questions About 501 5885 OLIVE AVENUE
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History
Sign in to view price history and past MLS activity for this property.
Sign In to ViewOther Units for Sale in The Metropolitan
| Listed | Unit / Address | Beds | Baths | Price | Tier | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 20, 26 | 501 5885 OLIVE AVENUETHIS UNIT | 2 | 2 | $673,000 | Lowest | $569 | 1,183 | 206d | $534/mo | $2,280/yr | Sutton Group - Vanco… |
| Jul 13, 26 | 1106 5885 OLIVE AVENUE | 2 | 2 | $688,000 | $585 | 1,177 | 122d | $609/mo | $2,322/yr | TRG The Residential … | |
| Jul 10, 26 | 1206 5885 OLIVE AVENUE | 2 | 2 | $706,000 | $599 | 1,178 | 125d | $609/mo | $2,322/yr | RE/MAX City Realty | |
| Aug 28, 26 | 805 5885 OLIVE AVENUE | 2 | 2 | $720,000 | $659 | 1,093 | 76d | $558/mo | $2,129/yr | Selmak Realty Limite… | |
| Aug 25, 26 | 1706 5885 OLIVE AVENUE | 2 | 2 | $738,000 | $626 | 1,178 | 79d | $609/mo | $2,524/yr | Royal LePage Sussex | |
| Sep 24, 26 | 905 5885 OLIVE AVENUE | 2 | 2 | $760,000 | $697 | 1,090 | 49d | $469/mo | $2,135/yr | Royal Pacific Realty… | |
| Sep 2, 26 | 2301 5885 OLIVE AVENUE | 2 | 2 | $1,100,000 | Top-Tier | $924 | 1,190 | 71d | $610/mo | $1,729/yr | ComFree |
| Median (7 units) | $720,000 | $626 | 1,178 | 79d | $609/mo | $2,280/yr | |||||
Similar Properties Nearby
| Listed | Unit / Address | Beds | Baths | Price | Tier | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 11, 26 | 2507 5938 OLIVE AVENUE | 2 | 2 | $989,000 | Top-Tier | $1,135 | 871 | 1d | $429/mo | — | Oakwyn Realty Ltd. |
| Nov 10, 26 | 301 5000 IMPERIAL STREET | 3 | 2 | $719,000 | $761 | 945 | 2d | $487/mo | $2,264/yr | Coldwell Banker Pres… | |
| Nov 6, 26 | 206 6608 SUSSEX AVENUE | 2 | 2 | $694,900 | $894 | 777 | 6d | $547/mo | — | Magnum Projects Ltd. | |
| Nov 10, 26 | 202 5885 IRMIN STREET | 2 | 2 | $599,999 | Lowest | $733 | 819 | 2d | $425/mo | $2,074/yr | Macdonald Realty |
| Nov 9, 26 | 406 6875 DUNBLANE AVENUE | 2 | 2 | $649,000 | $799 | 812 | 3d | $317/mo | $2,150/yr | Luxmore Realty | |
| Nov 10, 26 | 2708 6461 TELFORD AVENUE | 2 | 2 | $735,000 | $888 | 828 | 2d | $358/mo | $2,539/yr | Interlink Realty | |
| Median (6 units) | $706,950 | $844 | 824 | 2d | $427/mo | $2,207/yr | |||||
Recently Sold Nearby
| Date | Unit / Address | Beds | Baths | vs Asking | Sold Price | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| — | 602 4900 LENNOX LANE | 2 | 2 | — | 872 | — | $398/mo | $2,559/yr | Regent Park Fairchil… | ||
| — | 700 5967 WILSON AVENUE | 2 | 2 | — | 1,233 | — | $584/mo | $2,284/yr | RE/MAX City Realty | ||
| — | 2905 6699 DUNBLANE AVENUE | 1 | 1 | — | 609 | — | $352/mo | $2,179/yr | Sutton Premier Realt… | ||
| — | 2809 6468 WILLINGDON AVENUE | 2 | 2 | — | 835 | — | $462/mo | — | Anthem Realty Ltd. | ||
| — | 1907 6538 NELSON AVENUE | 2 | 2 | — | 779 | — | $523/mo | $2,487/yr | Nu Stream Realty Inc… | ||
| — | 209 7337 MACPHERSON AVENUE | 1 | 1 | — | 745 | — | $378/mo | $1,811/yr | Keller Williams Bold… | ||
| Median (6 units) | — | — | — | 807 | — | $430/mo | $2,284/yr | ||||
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