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1206 5885 OLIVE AVENUE, Burnaby, BC — Residential for Sale - Main Photo
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1206 5885 OLIVE AVENUE

Burnaby,Metrotown
Address1206 5885 OLIVE AVENUE, Burnaby BC V5H 4N8
List Price$748,000Est. $3,498/month
Beds2
Baths2
Sq Ft1,178
TypeApartment/Condo
StructureMulti Family, Residential Attached
Year Built1991
Size1,178 sqft
Parking1 parking spot
Stories25
Taxes$2,322.08 /yr (2025)
Strata$609.2/mo
PetsCats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
StatusFor Sale
MLS®#R3145037
Walk Score95
Added
Updated
Listed ByRE/MAX City Realty
MLS RECIPROCITY

Property Description1206 5885 OLIVE AVENUE, Burnaby, BC

Welcome to THE METROPOLITAN by INTRACORP. Only 6 units per floor, this home is situated in the METROTOWN neighbourhood on the SOUTHWEST (SW) corner facing CENTRAL PARK with VIEWS OF DOWNTOWN Vancouver and TREE-LINED South. BONUS NORTH VIEWS! We are steps away to the Sky train surrounded by greenery but also close to tons of shopping and restaurants. This unit is unique with an approved DEN/FLEX SPACE/STUDY on top of 2 beds and 2 baths. Other notable features include a GENEROUS BALCONY and 9'1 ceilings. Amenities include a HOTEL-LIKE POOL in a floor to ceiling glass room along with a GYM and SAUNA room. Don't miss your opportunity to snatch up this great opportunity to live spaciously in the heart of Burnaby! (Some pictures feature object removal).

This Apartment/Condo home located at 5885 Olive Avenue, Burnaby is currently for sale and has been available on Strawhomes.com for 11 days. This property is listed at $748,000 with an estimated mortgage of $3,498* per month. It has 2 beds, 2 bathrooms, and is 1,178 square feet. The property was built in 1991. 1206 5885 Olive Avenue, Burnaby BC V5H 4N8 is in the Metrotown Condos neighbourhood Burnaby. Central Park BS, Forest Glen BS and Garden Village are nearby neighborhoods.

Facts & FeaturesProperty facts for 1206 5885 OLIVE AVENUE, Burnaby

Property

Area Minor
Metrotown
Postal Code
V5H 4N8
Property Sub Type
Apartment/Condo
Year Built
1,991
Size (Interior)
1,178 sqft
Building Area Total
1,178 sqft
Area Major
Burnaby South
Property Type
Residential
Status
Active
Last Modified
2026-07-20

Inside

Bathrooms
2
Main Level Bathrooms
Laundry Features
In Unit
Flooring
Laminate, Mixed, Tile
Fireplace
1
Rooms
Above Grade Finished Area
Below Grade Finished Area
Kitchen Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Bedrooms
2
Fireplace Features
Electric
Interior Features
Elevator, Storage

Building

Roof
Other
Floor Area Below Grade
Stories
25
Heating
Baseboard
Foundation
Concrete Perimeter
Structure
Multi Family, Residential Attached
View
Yes
View Description
Park and City
Common Walls
Corner Unit
Spa Features
Swirlpool/Hot Tub
Construction
Concrete, Concrete (Exterior)
Exterior Features
Balcony

Parking

Parking Space (A)
1
Parking Features
Garage Under Building, Underground, Guest, Front Access
Garage
Yes

Fees

Taxes
$2,322.08
Tax Year
2,025
Maintenance Fee
$609.2/month
Common Elements Included
Exercise Centre, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal

Utilities

Utilities
Electricity Connected, Water Connected
Sewer
Public Sewer, Sanitary Sewer
Water Source
Public

Highlights

Building Amenities
Exercise Centre, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Community Features
Shopping Nearby

Land

Lot Features
Central Location, Near Golf Course, Recreation Nearby

Listing Details

MLS® Number
R3145037
Ownership
Freehold Strata
Age
35 years
Main Floor Finished Area
1,178 sqft
Listing Source
GVR – FVREB – CADREB – BCNREB – Resi
Pets Allowed
Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Additional Property Details

Above Grade Finished Area
Below Grade Finished Area
Basement Finished Area
Main Floor Finished Area
Main Level Bathrooms
Age of Building
Legal Description
Distance to Transit
Rentals Allowed
Management Company
Restrictions
Age Restriction
Fireplace Features
Patio & Porch
Fencing
Covered Parking Places

Rooms

Sign in to view room details

Sold HistoryListing records and last sold date for 1206 5885 OLIVE AVENUE, Burnaby

MLS® #DateEventPrice
XXXXXXXXXXXxx XX, XXXXListed—
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Location

Similar HomesShop homes for sale similar to 1206 5885 OLIVE AVENUE, Burnaby

NeighbourhoodNearby Amenities, Schools, Commute and Travel Times near - 1206-5885 Olive Avenue, Burnaby

AreaAvg. PriceUpdated
This Home$748,000Jul 10, 2026
Burnaby$1,266,063Jul 10, 2026
Metrotown$911,202Jul 10, 2026

Amenities

Grocery Stores

  • Save-On-Foods0.44 km
  • PriceSmart0.70 km
  • T&T Supermarket1.08 km

Malls

  • Old Orchard Shopping Centre0.38 km
  • The Crystal Mall0.51 km
  • EVERYDAY TOY&STATIONERY0.51 km

Pharmacy

  • The Medicine Shoppe Pharmacy0.08 km

Liquor

  • BC Liquor Stores0.37 km

Libraries

  • Burnaby Public Library0.49 km
  • District Library Resource Centre1.31 km

Entertainment & Sports

Movie Theaters

  • SilverCity0.87 km
  • Cineplex Cinemas Metropolis0.89 km

Restaurants

  • Ramie's Greek Restaurant0.14 km
  • Saffron Indian Cuisine0.17 km
  • Nando's Kingsway0.26 km

Nightlife

  • Trattoria Burnaby (Old Listing)0.51 km
  • Trattoria by Italian Kitchen0.51 km
  • Time & Place Kitchen | Bar0.56 km

Arenas

  • SFU Stadium1.87 km
  • Moody Park Arena6.40 km

Health and Fitness

Fitness

  • Gracie Barra Burnaby0.08 km
  • She's FIT!0.09 km

Golf

  • Central Park Disc Golf1.15 km
  • Central Park Pitch & Putt1.16 km
  • Birdie Indoor Golf Metrotown2.05 km

Hospitals

  • Burnaby Hospital1.95 km
  • Holy Family Hospital4.89 km

Parks

Parks Nearby

  • Wesburn Park0.47 km
  • Burnaby Civic Square0.54 km
  • Killarney Park0.97 km

Trails Nearby

  • Deer Lake Trails1.77 km
  • Champlain Heights Trails2.26 km
  • Wellington Jogging Trail3.11 km

Public Recreation Center

  • Wesburn Community Centre1.09 km
  • Bonsor Recreation Complex1.30 km
  • Champlain Heights Community Centre2.44 km

Museum

  • Gallery at Ceperley House3.07 km
  • Burnaby Village Museum3.17 km

University & College

  • British Columbia Institute of Technology0.62 km
  • Alexander College1.16 km
  • Coquitlam College3.09 km

Preschools

  • Kingsway Christian Children's Centre - Clubhouse0.45 km

Downtown

  • Downtown Burnaby5.70 km

Skytrain Station

  • Patterson Station Skytrain0.49 km

Bus Stations

  • Eastbound Kemp St @ Kathleen Ave0.21 km
  • Northbound Patterson Ave @ Kingsway0.30 km
  • Southbound Patterson Ave @ Kingsway0.32 km
  • Patterson Station @ Bay 20.35 km
  • Southbound Patterson Ave @ Sardis St0.46 km

Airports

  • Vancouver International Airport (YVR)13.01 km

Seabus

  • Waterfront Stn Seabus Northbound9.56 km

BC Ferries

  • BC Ferries Horseshoe Bay24.72 km

West Coast Express

  • Waterfront Station West Coast Express9.49 km

Elementary

  • Chaffey-Burke0.46 km
  • Chaffey-Burke Elementary0.48 km
  • Ecole Inman0.93 km

Secondary

  • Moscrop1.40 km
  • Deer Lake SDA School2.24 km
  • Burnaby South2.54 km

About: 1206 5885 OLIVE AVENUE, Burnaby

With 2,011 apartments for sale/condos for sale in Burnaby, finding your perfect home will be easy.

This freehold apartment/condo was built in 1991 and is currently listed at $635 per square foot. Monthly strata fees for this unit are $609.2. The property offers 1 parking space, a garage, 1 fireplace, scenic views. Annual property taxes were assessed at $2,322 in 2025.

Located in the city of Burnaby, within the province of British Columbia, the address 1206 5885 OLIVE AVENUE resides in the Metrotown neighbourhood of Burnaby.

Nearby neighbourhoods include Forest Glen BS, Central Park BS and Garden Village. Olive has 11 homes currently on the market, while the district of Metrotown has 379 postings on the market. This represents approximately 18.8% of the total 2,011 properties listed for sale in Burnaby. In Metrotown, the average asking price for a apartment/condo is $909,865, which translates to a monthly mortgage payment of around $4,255.* This is 0.7 times the average price of $1,273,796 for a similar apartment/condo in the city of Burnaby.

The average Metrotown listed apartments/condo is 1,011 sq ft, has 2 beds, and 2 baths.

The majority of properties for sale in the community around 1206 5885 OLIVE AVENUE are apartments/condos, not detached houses.

Monthly payments are an estimate based on a mortgage with 20% down @ 5% with a 5-yr mortgage rate

MLS®#: R3145037 · $748,000 · 2 bedroom apartment/condo in Metrotown Burnaby.

FAQs About 1206-5885 Olive Avenue, Burnaby

What is the square footage of this condo?
1206-5885 Olive Avenue, MLS® R3145037 has a size of 1,178 sqft. This is above the average square footage for condo in the Metrotown neighbourhood, which is 835 sqft.
What are nearby schools to 1206-5885 Olive Avenue, Burnaby?
Nearby secondary schools include Moscrop, Deer Lake SDA School and Burnaby South. Nearby elementary schools include Chaffey-Burke, Ecole Inman and Ecole Marlborough.
How many bedrooms and bathrooms does this home have?
There are 2 bedrooms and 2 bathrooms in this condo at 1206-5885 Olive Avenue, MLS® R3145037.
Does this condo have parking available?
Yes, there is parking available for the condo at 1206-5885 Olive Avenue with 1 spot.
What are annual taxes for 1206-5885 Olive Avenue, Burnaby, BC?
Annual taxes for this home are estimated at $2,322 per year based on 2025 tax year reports.
Is 1206-5885 Olive Avenue, Burnaby, walkable?
With a Walk Score™ of 95, this home is considered a Walker's Paradise with daily errands do not require a car.
How does 1206-5885 Olive Avenue compare to other homes selling in Metrotown, Burnaby?
This home is listed at 4.6% below average condo prices for Metrotown and has been on the market for 46 days fewer than the typical home in that neighbourhood.
What building is this condo a part of?
5885 Olive Avenue Unit 1206 is part of the building 5885 Olive Avenue and other units for sale include unit 1106, unit 905 and unit 501.