109 5250 VICTORY STREET
Burnaby, BC V5J5H2
$629,999
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $387/mo
- Annual property tax
- $1,957.77 (2025)
Interior
- Heating
- Baseboard heaters, Natural gas
- Fireplace
- None
- Appliances
- All
Exterior & Lot
- Lot features
- Central location
Building
- Parcel ID (PID)
- 016-870-905
Parking
- Total spaces
- 1
Restrictions & Policies
- Pets
- Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- R3161123
- Listed
- September 3, 2026
- Time on market
- On the market for 10 days
- Tax assessment year
- 2025
- Data last synced
- September 13, 2026
Listing provided by: Oakwyn Realty Encore · Data source: CREA DDF.
Description
Rarely available 2-bedroom 2-bath corner unit in a highly sought-after Metrotown location. This property offers an open floor plan with close to 1,000 square ft of living space, featuring a gas fireplace and in-suite laundry. The unit's corner design provides extra windows and privacy, and the expansive patio connects seamlessly to the entertainment-sized living and dining areas. Additional features include a huge storage locker and designated parking spot. With its unbeatable proximity to Royal Oak Skytrain, transit, shopping centers, and top-rated schools, this property is perfect for investors and families alike. Schedule a private viewing today to take advantage of this exceptional opportunity. Pets and rentals welcome. Open House Saturday 12pm to 2pm. (id:63159)
Values & Trends
This listing
$643/sqft
Building average
$595/sqft
1 active listing(s)
Burnaby average
$862/sqft
1060 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Apartment Market Stats — Burnaby
Monthly figures from the Fraser Valley Real Estate Board for Burnaby apartmentlistings — not specific to this property.
MLS® HPI Benchmark Price
$704,600
Jul 2026
Average Sale Price
$660,187
Jul 2026
Monthly Sales
170
Jul 2026
Active Listings
1,097
Jul 2026
Sales-to-Active Ratio
16.0%
Jul 2026
Median Days to Contract
30 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Pitt Meadows
14°C
—
Humidity 80%
Wind NE 3 km/h
Today
20°
Tonight
13°
Monday
17°
Monday night
13°
Tuesday
22°
Tuesday night
12°
Source: Environment and Climate Change Canada.
Population
249,125
(2021 Census)
+7% since 2016
Density: 2,750.6/km²
Dwellings: 107,046
Median household income: $83,000
After-tax: $73,500
Immigrant population: 50.4%
Top countries of origin (% of total population)
- China12.4% · 30,860
- Philippines4.5% · 11,235
- Hong Kong4.4% · 11,010
- Taiwan3.1% · 7,750
- India3% · 7,540
- Korea, South2.6% · 6,380
- Viet Nam1.4% · 3,380
- Iran1.3% · 3,210
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Burnaby South Secondary | Secondary | 299 m |
| Nelson Elementary | Elementary | 607 m |
| Burnaby Youth Hub Secondary Program | Elementary | 759 m |
| Clinton Elementary | Elementary | 899 m |
| Maywood Community Elementary | Elementary | 1.0 km |
| Windsor Elementary | Elementary | 1.1 km |
| South Slope Elementary | Elementary | 1.1 km |
| École Marlborough Elementary | Elementary | 1.3 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Northbound Royal Oak Ave @ Sidley St | — | 64 m |
| Southbound Royal Oak Ave @ Sidley St | — | 119 m |
| Westbound Beresford St @ Royal Oak Ave | — | 183 m |
| Royal Oak Station @ Platform 2 | — | 204 m |
| Royal Oak Station @ Platform 1 | — | 214 m |
Nearby Places
Restaurants (5+)
- Sasaya Bistro · 7538 Royal Oak Avenue309 m
- Tenen Restaurant · 7569 Royal Oak Avenue320 m
- Something Sweet · 6888 Royal Oak Avenue351 m
- Makoto Sushi · 5213 Rumble Street362 m
- Stem Japanese Eatery · 5205 Rumble Street362 m
Cafes (5+)
- La Forêt · 6958 Palm Avenue245 m
- Single V Coffee · 5232 Irmin Street304 m
- Ki Tea House Cafe · 6888 Royal Oak Avenue307 m
- Adam's Crepes · 5217 Rumble Street361 m
- D² Tea Lab · 6868 Royal Oak Avenue376 m
Grocery (5+)
- Smart N Save Grocery & Cafe · 7600 Royal Oak Avenue395 m
- Buy-Low Foods · 7641 Royal Oak Avenue431 m
- Hannam Supermarket · 5609 Imperial Street578 m
- Boemma Euro Foods & Deli · 5172 Kingsway720 m
- Ribbon · 5593 Kingsway728 m
Parks (5+)
- Lewarne Park340 m
- BC Parkway389 m
- Lewarne Park435 m
- Ledingham Park · 7298 Jubilee Avenue648 m
- Unnamed696 m
Gyms (4)
- Uplift Fitness · 7542 Royal Oak Avenue321 m
- Anytime Fitness · 7643 Royal Oak Avenue452 m
- Fitness World · 5500 Kingsway580 m
- Playground701 m
Pharmacies (2)
- South Slope Pharmacy · 5203 Rumble Street363 m
- Imperial Remedy's Rx Pharmacy · 5262 Imperial Street395 m
Healthcare (1)
- South Slope Medical Office · 7777 Royal Oak Avenue555 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.0% ($38,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.