501 5885 OLIVE AVENUE
- Address
- 501 5885 OLIVE AVENUE, Burnaby BC V5H 4N8
- Beds
- 2
- Baths
- 2
- Sq Ft
- 1,183
- Type
- Apartment/Condo
- Structure
- Multi Family, Residential Attached
- Year Built
- 1990
- Size
- 1,183 sqft
- Parking
- 1 parking spot
- Stories
- —
- Taxes
- $2,280.38 /yr (2025)
- Strata
- $534.09/mo
- Pets
- Yes With Restrictions
- Status
- For Sale
- MLS®#
- R3113590
- Walk Score
- 95
- Added
- Updated
- Listed By
- Sutton Group - Vancouver First Realty
Property Description
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.
This Apartment/Condo home located at 5885 Olive Avenue, Burnaby is currently for sale and has been available on Strawhomes.com for 7 days. This property is listed at $738,000 with an estimated mortgage of $3,451* per month. It has 2 beds, 2 bathrooms, and is 1,183 square feet. The property was built in 1990. 501 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 & Features
Property
- Area Minor
- Metrotown
- Postal Code
- V5H 4N8
- Property Sub Type
- Apartment/Condo
- Year Built
- 1,990
- Size (Interior)
- 1,183 sqft
- Building Area Total
- 1,183 sqft
- Area Major
- Burnaby South
- Property Type
- Residential
- Status
- Active
- Last Modified
- 2026-04-26
Inside
- Bathrooms
- 2
- Main Level Bathrooms
- Laundry Features
- In Unit
- Rooms
- Above Grade Finished Area
- Below Grade Finished Area
- Kitchen Appliances
- Washer/Dryer, Dishwasher, Disposal, Refrigerator, Stove
- Bedrooms
- 2
- Window Features
- Window Coverings
- Interior Features
- Storage
Building
- Roof
- Other
- Floor Area Below Grade
- Heating
- Electric
- Foundation
- Concrete Perimeter
- Structure
- Multi Family, Residential Attached
- Security Features
- Fire Sprinkler System
- Other Equipment
- Intercom
- Construction
- Concrete, Brick (Exterior), Concrete (Exterior), Mixed (Exterior)
- Exterior Features
- Balcony
Parking
- Parking Space (A)
- 1
- Parking Features
- Underground, Garage Door Opener
- Garage
- Yes
Fees
- Taxes
- $2,280.38
- Tax Year
- 2,025
- Maintenance Fee
- $534.09/month
- Common Elements Included
- Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management
Utilities
- Utilities
- Electricity Connected
- Sewer
- Public Sewer
- Water Source
- Public
Highlights
- Building Amenities
- Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management
Listing Details
- MLS® Number
- R3113590
- Ownership
- Freehold Strata
- Age
- 36 years
- Main Floor Finished Area
- 1,183 sqft
- Listing Source
- GVR – FVREB – CADREB – BCNREB – Resi
- Pets Allowed
- 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
Sold History
Listing records and last sold date for 501 5885 OLIVE AVENUE, Burnaby BC V5H 4N8, Burnaby
| MLS® # | Date | Event | Price |
|---|---|---|---|
| XXXXXXXXXX | Xxx XX, XXXX | Listed | — |
Location
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About: 501 501 5885 OLIVE AVENUE, Burnaby BC V5H 4N8, Burnaby
Explore 1,835 condominiums in Burnaby to find your ideal property.
This freehold apartment/condo was built in 1990 and is currently listed at $624 per square foot. Monthly strata fees for this unit are $534.09. The property offers 1 parking space, a garage. Annual property taxes were assessed at $2,280 in 2025.
The address of 501 501 5885 OLIVE AVENUE, Burnaby BC V5H 4N8, unit number 501, is situated in Burnaby, British Columbia. It is located within the Metrotown neighborhood of the city.
Nearby neighbourhoods include Forest Glen BS, Central Park BS and Garden Village. Olive has 14 homes currently on the market, while the district of Metrotown has 357 postings on the market. This represents approximately 19.5% of the total 1,835 properties listed for sale in Burnaby. The average listed price of a apartment/condo in Metrotown is $931,730, with an estimated mortgage of $4,357 per month.* That is 0.7 the average list price of $1,264,211 for a apartment/condo in Burnaby.
Metrotown listed apartments/condos average 981 sq ft, 2 beds, and 2 baths.
The community around 501 501 5885 OLIVE AVENUE, Burnaby BC V5H 4N8 has more apartments/condos for sale than detached houses.
The monthly payments provided are an approximation calculated for a mortgage loan with a down payment of 20% @ 5% interest rate over a 5-year mortgage term.
MLS®#: R3113590 · $738,000 · 2 bedroom apartment/condo in Metrotown Burnaby.
