123 5355 LANE STREET
Burnaby, BC V5H0H1
$634,900
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $453/mo
- Annual property tax
- $2,085.85 (2025)
Interior
- Heating
- Baseboard heaters, Electric
- Fireplace
- None
Parking
- Total spaces
- 2
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®
- R3143574
- Listed
- July 7, 2026
- Time on market
- On the market for 55 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Elite West · Data source: CREA DDF.
Description
Experience the perfect blend of condo living and townhouse convenience in a ground floor suite. Thoughtfully laid out with 9' ceilings, this north facing two bedroom, two bathroom home boasts a seamless indoor/outdoor lifestyle highlighted by an expansive private patio area. The primary bedroom serves as a quiet retreat, while the versatile second bedroom features functional cheater ensuite access giving your guests or roommates the luxury of a private bathroom. Situated in a highly walk-able Burnaby pocket close to Metrotown, parks, and transit, this turnkey home is an incredible opportunity for pet owners, first-time buyers and downsizers. BONUS: A second parking stall incl. ($25,000 value). (id:63159)
Values & Trends
This listing
$835/sqft
Building average
$873/sqft
5 active listing(s)
Burnaby average
$865/sqft
1019 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: Vancouver
17°C
Clear
Humidity 100%
Wind WNW 13 km/h
Tonight
14°
Tuesday
20°
Tuesday night
15°
Wednesday
19°
Wednesday night
14°
Thursday
17°
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.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
67
7/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Burnaby South Secondary | Secondary | 697 m |
| Burnaby Youth Hub Secondary Program | Elementary | 750 m |
| École Marlborough Elementary | Elementary | 876 m |
| Windsor Elementary | Elementary | 929 m |
| Maywood Community Elementary | Elementary | 963 m |
| Nelson Elementary | Elementary | 1.0 km |
| Clinton Elementary | Elementary | 1.2 km |
| South Slope Elementary | Elementary | 1.4 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 |
|---|---|---|
| Westbound Kingsway @ Denbigh Ave | — | 167 m |
| Eastbound Kingsway @ Grimmer St | — | 188 m |
| Westbound Kingsway @ Macpherson Ave | — | 230 m |
| Eastbound Kingsway @ Royal Oak Ave | — | 272 m |
| Royal Oak Station @ Platform 1 | — | 316 m |
Nearby Places
Restaurants (5+)
- White Spot · 5550 Kingsway167 m
- Jin Jiang Shanghai Restaurant · 5411 Kingsway199 m
- Something Sweet · 6888 Royal Oak Avenue202 m
- Pho Super Bowl · 5505 Kingsway210 m
- Liuyishou Hotpot · 5507 Kingsway223 m
Cafes (5+)
- Sweethoney Dessert · 5358 Grimmer Street90 m
- Sugar Lab · 5376 Grimmer Street92 m
- Duoduo Fruit Shop · 5318 Grimmer Street95 m
- BenGong's Tea · 5308 Grimmer Street98 m
- Sweet Puffin · 5252 Imperial Street178 m
Grocery (4)
- Hannam Supermarket · 5609 Imperial Street270 m
- Wholesale Club · 5335 Kingsway279 m
- Ribbon · 5593 Kingsway290 m
- Boemma Euro Foods & Deli · 5172 Kingsway299 m
Parks (4)
- BC Parkway294 m
- Lobley Park481 m
- Unnamed607 m
- Bonsor Park729 m
Gyms (2)
- Fitness World · 5500 Kingsway113 m
- Playground257 m
Pharmacies (3)
- Imperial Remedy's Rx Pharmacy · 5262 Imperial Street148 m
- London Drugs · 4970 Kingsway615 m
- Bonsor Pharmacy & Medical Supplies677 m
Banks & ATMs (3)
- Vancity · 5064 Kingsway471 m
- RBC569 m
- TD · 4994 Kingsway588 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
Other Listings in This Building
Other units currently listed in the same building. 123 5355 LANE STREET
$650,000
252 5355 LANE STREET, Burnaby
$387/mo maintenance
$625,000
216 5355 LANE STREET, Burnaby
$459/mo maintenance
$649,000
PH13 5355 LANE STREET, Burnaby
$459/mo maintenance
$629,900
257 5355 LANE STREET, Burnaby
$453/mo maintenance
$899,000
PH47 5355 LANE STREET, Burnaby
$461/mo maintenance
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 6.1% ($38,490) — 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.