Home
By Area
By Type
Sell
Blog
About
1206 - 5885 Olive Avenue, Burnaby, BC - MLS: R3145037 - Photo 1
28

1206 - 5885 Olive Avenue, Burnaby

Burnaby,Metrotown
List Price$706,000Est. $3,285/month
Beds2
Baths2
Sq Ft1,178

About 1206 - 5885 Olive Avenue, Burnaby

Dwelling Type:Apartment/Condo
Structure:Multi Family, Residential Attached
Year Built:1991
Floor Area (sq. ft.):1,178
Parking:1 parking spot
Stories:25
Property Taxes:$2,322.08 /yr (2025)
Maintenance Fee:$609.2/mo
Pets:Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Status:For Sale
MLS® #:R3145037
Added: (4 months ago)
Updated:
Provided by:RE/MAX City Realty
Area:Burnaby South
Sub Area:Metrotown
MLS Reciprocity

Apartment/Condo for sale at 1206 - 5885 Olive Avenue Burnaby, BC V5H 4N8, Canada, Metro Vancouver, Lower Mainland. 1,178 sqft • Metrotown • List Price $706,000. 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).

1206 - 5885 Olive Avenue, Burnaby, BC V5H 4N8 (MLS® R3145037) is a 2 bed, 2 bath Apartment/Condo for sale, listed at $706,000 and added to Strawhomes.com on July 10, 2026. The apartment is 1,178 square feet and was built in 1991. At $706,000, the estimated mortgage is $3,285 per month with 20% down, a 5% interest rate and a 25-year amortization. The apartment is in the Metrotown Condos neighbourhood of Burnaby, with more listings under Burnaby Apartments for sale. The neighbourhoods whose centres are closest to the apartment are Central Park BS, Forest Glen BS and Garden Village.

Video Tour

Details

Property

Area Minor
Metrotown
Postal Code
V5H 4N8
Property Sub Type
Apartment/Condo
Year Built
1991
Size (Interior)
1,178 sqft
Building Area Total
1,178 sqft
Area Major
Burnaby South
Property Type
Residential
Status
Active
Last Modified
2026-11-04
Province
British Columbia
Date first appeared on site
2026-07-10
Features
2 baths, 2 beds, Apartment/Condo, Central Location, Near Golf Course, Recreation Nearby

Inside

Full 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
No. Floor Levels
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

Gross Taxes
$2,322.08
Tax Year
2025
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 History Listing records and last sold date for 1206 - 5885 Olive Avenue, Burnaby

MLS® #DateEventPrice
XXXXXXXXXXXxx XX, XXXXListed—
Join or Sign In • Real estate boards need a verified account to see listing features & sold data

Recently Sold Homes Near MLS® R3145037 - Sold Data

Here are some recent Burnaby condos for sale that sold in Metrotown, including the days on market. The view sold data is from MLS® listing data using nearby neighbourhoods.

  • 3205 - 6658 Dow Avenue, Burnaby

    Sold price
    $X,XXX,XXX
    Date sold
    Xxx XX, XXXX
    Size
    957 sqft
    Days on market
    83

  • 1502 - 4134 Maywood Street, Burnaby

    Sold price
    $X,XXX,XXX
    Date sold
    Xxx XX, XXXX
    Size
    905 sqft
    Days on market
    45

  • 1005 - 6658 Dow Avenue, Burnaby

    Sold price
    $X,XXX,XXX
    Date sold
    Xxx XX, XXXX
    Size
    962 sqft
    Days on market
    70
Join or Sign In • Real estate boards need a verified account to see listing features & sold data

Location

Similar Properties Shop homes for sale similar to 1206 - 5885 Olive Avenue, Burnaby

Mortgage Calculator Affordability: Afford a Home up to your budget

Type in your mortgage amount, down payment, interest rate, and property price below to see your mortgage payment amount. Take into account strata fees. Consult with Richard Morrison Realtor® to learn how to improve your affordability.

Monthly mortgage payment
$3,285
Monthly total incl. strata
$3,894

Neighbourhood

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

AreaAvg. PriceUpdated
This Home$706,000Jul 10, 2026
Burnaby$1,233,643Nov 6, 2026
Metrotown$864,506Nov 6, 2026

Amenities

Grocery Stores

  • Save-On-Foods0.44 km · 4469 Kingsway
  • PriceSmart0.70 km · 4650 Kingsway
  • T&T Supermarket1.08 km · 4800 Kingsway

Malls

  • Old Orchard Shopping Centre0.38 km · 4429 Kingsway
  • The Crystal Mall0.51 km · 4500 Kingsway
  • EVERYDAY TOY&STATIONERY0.51 km · 4500 Kingsway

Pharmacy

  • The Medicine Shoppe Pharmacy0.08 km · 4277 Kingsway
  • Central Park Pharmacy0.47 km
  • Rexall0.70 km · 6200 McKay Avenue

Liquor

  • BC Liquor Stores0.37 km · 4429 Kingsway
  • JAK'S Beer Wine Spirits2.31 km · 5665 Kingsway
  • West Coast Liquor Co2.51 km · 7651 Royal Oak Avenue

Libraries

  • Burnaby Public Library0.49 km · 6100 Willingdon Avenue
  • District Library Resource Centre1.31 km · 6098 Nelson Avenue
  • BCIT SE14 Library2.10 km · 3700 Willingdon Avenue

Entertainment & Sports

Movie Theaters

  • SilverCity0.87 km · 4700 Kingsway
  • Cineplex Cinemas Metropolis0.89 km · 4700 Kingsway
  • Theatre Alley Development Corporation4.99 km · 4575 Tillicum Street

Restaurants

  • Ramie's Greek Restaurant0.14 km · 4287 Kingsway
  • Saffron Indian Cuisine0.17 km · 4300 Kingsway
  • Nando's Kingsway0.26 km · 4334 Kingsway

Nightlife

  • Trattoria Burnaby (Old Listing)0.51 km · 4501 Kingsway #102
  • Trattoria by Italian Kitchen0.51 km · 4501 Kingsway #102
  • Time & Place Kitchen | Bar0.56 km

Arenas

  • Moody Park Arena6.40 km · 701 Eighth Ave
  • Pacific Coliseum at the PNE6.46 km · 100 N Renfrew St
  • Vancouver Canadians Baseball Club7.09 km · 4601 Ontario St

Health and Fitness

Fitness

  • Gracie Barra Burnaby0.08 km · 4277 Kingsway m24
  • She's FIT!0.09 km · 4277 Kingsway M35
  • Central Park Physiotherapy & Sports Injury Clinic0.47 km · 3965 Kingsway

Yoga

  • Orijin Yoga1.02 km · 3665 Kingsway
  • Oxygen Yoga & Fitness Killarney1.23 km · 3544 Kingsway
  • Oxygen Yoga & Fitness Brentwood3.63 km · 4142 Dawson Street

Golf

  • Central Park Disc Golf1.15 km · 3883 Imperial St
  • Central Park Pitch & Putt1.16 km · 3883 Imperial St
  • Birdie Indoor Golf Metrotown2.05 km · 5318 Imperial St

Hospitals

  • Burnaby Hospital1.95 km · 3935 Kincaid Street
  • Holy Family Hospital4.89 km · 7801 Argyle Street
  • Mount Saint Joseph Hospital6.86 km · 3080 Prince Edward Street

Parks

Parks Nearby

  • Wesburn Park0.47 km · 5477 Patterson Ave
  • Burnaby Civic Square0.54 km · 6100 Willingdon Ave
  • 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 · 4781 Parkwood Ave
  • Bonsor Recreation Complex1.30 km · 6550 Bonsor Ave
  • Champlain Heights Community Centre2.44 km · 3350 Maquinna Dr

Museum

  • Gallery at Ceperley House3.07 km · 6344 Deer Lake Ave
  • Burnaby Village Museum3.17 km · 6501 Deer Lake Ave
  • Japanese Canadian National Museum3.65 km · 6688 Southoaks Cres

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 · 5608 Inman Ave
  • Burnaby Rainbow Preschool Association1.16 km · 4781 Parkwood Ave
  • Burnaby French Language Playschool1.40 km · 6060 Marlborough Ave

Daycares

  • Kingsway Christian Children's Centre0.30 km · 4061 Kingsway
  • Ccaa Child Care Centre0.85 km · 5069 Inman Ave
  • Ccaa' Infant And Toddler Child Care Centre0.87 km · 3978 Brandon St

Downtown

  • Downtown Burnaby5.70 km
  • Downtown Vancouver9.54 km
  • Downtown Richmond11.50 km

Skytrain Station

  • Patterson Station Skytrain0.49 km · 4101 Beresford St
  • Metrotown Station Skytrain0.72 km · 4401 Beresford St
  • Joyce–Collingwood Station Skytrain1.73 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
  • Boundary Bay Airport (CZBB)17.43 km
  • Abbotsford International Airport (YXX)51.92 km

Seabus

  • Waterfront Stn Seabus Northbound9.56 km

BC Ferries

  • BC Ferries Horseshoe Bay24.72 km
  • BC Ferries Tsawwassen Ferry Terminal26.25 km

West Coast Express

  • Waterfront Station West Coast Express9.49 km · 601 W Cordova St
  • Moody Centre Station West Coast Express12.99 km
  • Coquitlam Central Station West Coast Express15.96 km · 2900 Barnet Hwy

Public

  • Chaffey-Burke0.46 km · 4404 Sardis St
  • Ecole Inman0.93 km · 3963 Brandon St
  • Moscrop1.40 km
  • Ecole Marlborough1.46 km · 6060 Marlborough Ave
  • Burnaby South2.54 km
  • Burnaby Central2.86 km

Private

  • Deer Lake SDA2.24 km · 5550 Gilpin St
  • St Francis de Sales3.46 km · 6656 Balmoral St
  • Holy Cross4.56 km · 1450 Delta Ave

About: 1206 - 5885 Olive Avenue, Burnaby

Explore 1,070 Burnaby Apartment/Condos for sale to find your ideal property.

This freehold apartment/condo was built in 1991 and is currently listed at $599 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.

1206 - 5885 Olive Avenue is in the city of Burnaby, British Columbia and found in the community of Metrotown in Burnaby.

Neighboring communities include Forest Glen BS, Central Park BS and Garden Village. Olive has 10 homes currently on the market, while the district of Metrotown has 373 postings on the market. That's just 20.1% of the 1,853 total listings for sale in the city of Burnaby. In Metrotown, the average asking price for an apartment/condo is $752,104, which translates to a monthly mortgage payment of around $3,517.* This is 1.0 times the average price of $726,418 for a similar apartment/condo in the city of Burnaby.

Metrotown listed apartments/condos average 834 sq ft, 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.

The monthly payment amount is an approximation calculated loan requiring a 20% down payment at a 5% rate for a 5-year mortgage term

MLS®#: R3145037 · $706,000 · 2 bedroom apartment/condo in Metrotown Burnaby.

FAQs About 1206 - 5885 Olive Avenue, Burnaby

What is the square footage of 1206 - 5885 Olive Avenue, Burnaby, MLS® R3145037?
This condo, MLS® R3145037, has a size of 1,178 sqft. This is above the average square footage for a condo in the Metrotown neighbourhood, which is 834 sqft.
What are nearby schools to this condo?
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, MLS® R3145037.
Does this condo have parking available?
Yes, there is parking available for this condo with 1 spot.
What are annual taxes for this condo?
Annual taxes for this home are estimated at $2,322 per year based on 2025 tax year reports.
Is this condo walkable?
With a Walk Score™ of 95, this home is considered a Walker's Paradise with daily errands not requiring a car.
How does this condo compare to other homes selling in Metrotown, Burnaby?
This home is listed at 6.1% below average condo prices for Metrotown and has been on the market for 64 days longer than the typical home in that neighbourhood.
What building is this condo a part of?
This condo is part of the building 5885 Olive Avenue and other units for sale include unit 905, unit 805, unit 2301, unit 1106 and unit 1706.

Apartment/Condo for sale in Burnaby South, Burnaby, BC, MLS® R3145037

This Apartment/Condo is an attached property that is currently for sale and was listed on July 10, 2026, or listed 3 months ago on our web site. This condo is for sale and is located in the neighbourhood of Metrotown. It was built in the year of 1991, or 35 years old. The full mailing address is 1206 - 5885 Olive Avenue, Burnaby, BC, V5H 4N8. It has 2 beds & 2 baths. The list price of this condo is $706,000 and the living area is 1,178 sq ft, or $599 per square foot. The monthly strata fee is $609 and the ownership is freehold strata.

1206 - 5885 Olive Avenue, Burnaby

Upcoming Open Houses

The postal code V5H 4N8 has a few open houses in Burnaby British Columbia Canada. This Metrotown condo for sale is one of Lower Mainlands best priced properties in the Metrotown neighbourhood.

If you would like to calculate your mortgage payment for this listing located at V5H 4N8 and need a mortgage calculator please see above.

Home Value

For sellers wanting to get a home value of their condo for sale near this MLS® listing ID R3145037, please contact us to have a Burnaby listing agent contact you with our selling system, and see the mortgage calculator above for this listing's monthly payment. Richard Morrison is a top real estate agent located in Burnaby Metrotown.

Price History

You can see Price History, house prices, Walk Score, and property disclosure above. The data relating to real estate on this website (MLS® R3145037) comes in part from the Burnaby MLS® Reciprocity program of either Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB).