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.
Listing Details & Features
Apartment for sale in Metrotown, Burnaby — listed at $683,000. This 2 bedroom, 2 bathroom condo offers 1,183 sq ft of living space ($577/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 | $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 | |||||
Similar Properties Nearby
| Listed | Unit / Address | Beds | Baths | Price | Tier | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sep 30, 26 | PH7 5388 GRIMMER STREET | 2 | 2 | $628,000 | $757 | 830 | 3d | — | $2,244/yr | Royal Pacific Realty… | |
| Oct 1, 26 | 1006 6087 WILSON AVENUE | 2 | 2 | $974,900 | $1,045 | 933 | 2d | $541/mo | — | Anthem Realty Ltd. | |
| Oct 1, 26 | 1808 6087 WILSON AVENUE | 3 | 2 | $1,190,900 | Top-Tier | $1,034 | 1,152 | 2d | $674/mo | — | Anthem Realty Ltd. |
| Oct 1, 26 | 807 6087 WILSON AVENUE | 1 | 1 | $620,900 | Lowest | $1,080 | 575 | 2d | $334/mo | — | Anthem Realty Ltd. |
| Oct 1, 26 | 604 6087 WILSON AVENUE | 2 | 2 | $899,900 | $1,057 | 851 | 2d | $497/mo | — | Anthem Realty Ltd. | |
| Oct 1, 26 | 805 6087 WILSON AVENUE | 1 | 1 | $625,900 | $1,142 | 548 | 2d | $321/mo | — | Anthem Realty Ltd. | |
| Median (6 units) | $763,950 | $1,051 | 841 | 2d | $497/mo | $2,244/yr | |||||
Recently Sold Nearby
| Date | Unit / Address | Beds | Baths | vs Asking | Sold Price | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| — | 2801 6537 TELFORD AVENUE | 1 | 1 | View → | View Sold Price → | — | 460 | — | $245/mo | $1,687/yr | Sutton Group - Vanco… |
| — | 2108 6098 STATION STREET | 1 | 1 | View → | View Sold Price → | — | 610 | — | $329/mo | $2,011/yr | RE/MAX City Realty |
| — | 3903 4688 KINGSWAY | 2 | 3 | View → | View Sold Price → | — | 1,388 | — | $832/mo | $4,399/yr | Oakwyn Realty Ltd. |
| — | 1504 6152 KATHLEEN AVENUE | 2 | 2 | View → | View Sold Price → | — | 1,166 | — | $513/mo | $2,359/yr | RE/MAX Crest Realty |
| — | 3703 4880 BENNETT STREET | 2 | 2 | View → | View Sold Price → | — | 827 | — | $456/mo | $2,535/yr | RE/MAX Crest Realty |
| — | 305 6875 DUNBLANE AVENUE | 2 | 2 | View → | View Sold Price → | — | 780 | — | $317/mo | $2,114/yr | Dracco Pacific Realt… |
| Median (6 units) | — | — | — | 804 | — | $392/mo | $2,236/yr | ||||
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