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.
Before you offer on this one
Ask for any of these and we’ll get it for you — no obligation.
Minutes, depreciation report, Form B and bylaws — the documents that decide whether a unit is worth offering on.
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
Mortgage Calculator
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 | 186d | $534/mo | $2,280/yr | Sutton Group - Vanco… |
| Jul 13, 26 | 1106 5885 OLIVE AVENUE | 2 | 2 | $688,000 | $585 | 1,177 | 102d | $609/mo | $2,322/yr | TRG The Residential … | |
| Jul 10, 26 | 1206 5885 OLIVE AVENUE | 2 | 2 | $706,000 | $599 | 1,178 | 105d | $609/mo | $2,322/yr | RE/MAX City Realty | |
| Aug 28, 26 | 805 5885 OLIVE AVENUE | 2 | 2 | $720,000 | $659 | 1,093 | 56d | $558/mo | $2,129/yr | Selmak Realty Limite… | |
| Aug 25, 26 | 1706 5885 OLIVE AVENUE | 2 | 2 | $738,000 | $626 | 1,178 | 59d | $609/mo | $2,524/yr | Royal LePage Sussex | |
| Sep 24, 26 | 905 5885 OLIVE AVENUE | 2 | 2 | $760,000 | $697 | 1,090 | 29d | $469/mo | $2,135/yr | Royal Pacific Realty… | |
| Sep 2, 26 | 2301 5885 OLIVE AVENUE | 2 | 2 | $1,128,000 | Top-Tier | $948 | 1,190 | 51d | $610/mo | $1,729/yr | ComFree |
| Median (7 units) | $720,000 | $626 | 1,178 | 59d | $609/mo | $2,280/yr | |||||
Similar Properties Nearby
| Listed | Unit / Address | Beds | Baths | Price | Tier | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 22, 26 | 2202 4360 BERESFORD STREET | 3 | 2 | $1,390,000 | Top-Tier | $1,008 | 1,379 | 1d | $902/mo | $4,669/yr | Royal Pacific Realty… |
| Oct 19, 26 | 308 6468 WILLINGDON AVENUE | 2 | 2 | $880,000 | $1,155 | 762 | 4d | $420/mo | $3,092/yr | Panda Luxury Homes | |
| Oct 14, 26 | 1301 4988 BENNETT STREET | 2 | 2 | $930,900 | $1,103 | 844 | 9d | $434/mo | $3,119/yr | Ledmac Realty Ltd. | |
| Oct 22, 26 | 903 6168 WILSON AVENUE | 2 | 2 | $899,000 | $847 | 1,062 | 1d | $682/mo | $3,127/yr | RE/MAX Crest Realty | |
| Oct 22, 26 | 2601 6000 MCKAY AVENUE | 1 | 1 | $588,000 | Lowest | $1,120 | 525 | 1d | $315/mo | $1,984/yr | RE/MAX Crest Realty |
| Oct 20, 26 | 2109 6080 MCKAY AVENUE | 2 | 2 | $698,000 | $934 | 747 | 3d | $442/mo | $2,433/yr | Royal Pacific Realty… | |
| Median (6 units) | $889,500 | $1,056 | 803 | 2d | $438/mo | $3,106/yr | |||||
Recently Sold Nearby
| Date | Unit / Address | Beds | Baths | vs Asking | Sold Price | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| — | 1206 6608 SUSSEX AVENUE | 1 | 1 | — | 424 | — | $292/mo | — | Magnum Projects Ltd. | ||
| — | 1806 6658 DOW AVENUE | 1 | 1 | — | 691 | — | $366/mo | $2,014/yr | Sutton Group-West Co… | ||
| — | 1803 5051 IMPERIAL STREET | 2 | 2 | — | 822 | — | $550/mo | $2,654/yr | RE/MAX Crest Realty | ||
| — | 3806 4880 BENNETT STREET | 2 | 2 | — | 1,038 | — | $591/mo | $3,158/yr | Nu Stream Realty Inc… | ||
| — | PH15 5388 GRIMMER STREET | 1 | 1 | — | 603 | — | $313/mo | $1,565/yr | eXp Realty of Canada… | ||
| — | 2505 6511 SUSSEX AVENUE | 1 | 1 | — | 512 | — | $273/mo | $2,062/yr | Nu Stream Realty Inc… | ||
| Median (6 units) | — | — | — | 647 | — | $339/mo | $2,062/yr | ||||
Why work with Saeed
Real estate expertise you can count on — reach out any time.