Property Type: Condo / ApartmentOwnership: Strata

1503 5987 WILSON AVENUE

Burnaby, BC V5H0L7

$499,000

1 bed1 bath0 parking453 sqftBuilt 2025
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Amenities

Gym

Property Details

Property & Lot

Sub-type
Apartment
Frontage
0 feet

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$317/mo
Annual property tax
$1,949.41 (2026)

Interior

Heating
Forced air
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

Pool
Indoor pool

Parking

Total spaces
0 — uncovered indicated
Features
Underground, Visitor Parking

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®
R3156082
Listed
August 15, 2026
Time on market
On the market for 17 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Nu Stream Realty Inc. · Data source: CREA DDF.

Description

Welcome to BOSA's most coveted new tower in the heart of METROTOWN: Central Park House! This 1 bedroom, 1 bathroom features CENTRAL A/C, FLOOR to CEILING WINDOWS, functional layout designed to maximize natural light, sleek integrated kitchen, spa-inspired bath.Central Park House offers WORLD CLASS AMENITIES including 24/7 CONCIERGE, an INDOOR POOL & HOT TUB on the 17th floor with incredible VIEWS, a massive GYM, SAUNA & STEAM ROOMS, CO-WORK SPACE, SOCIAL LOUNGE & more. Just away from the Patterson SKYTRAIN Station, METROTOWN Mall, CENTRAL PARK. Includes one locker. This would be the best choice for you, Whether for principal home or hold for investment. (id:63159)

Values & Trends

This listing

$1,102/sqft

Building average

$1,130/sqft

9 active listing(s)

Burnaby average

$865/sqft

1019 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

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

$805,900
$700,500
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Vancouver

Clear

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

81

8/9 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

SchoolTypeDistance
Chaffey-Burke ElementaryElementary506 m
Maywood Community ElementaryElementary1.1 km
École Inman ElementaryElementary1.1 km
École Marlborough ElementaryElementary1.3 km
Burnaby Youth Hub Secondary ProgramElementary1.3 km
Dr H N Maccorkindale ElementaryElementary1.5 km
Moscrop SecondarySecondary1.5 km
South Slope ElementaryElementary1.7 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

StopTypeDistance
Westbound Kingsway @ Wilson Ave130 m
Eastbound Kingsway @ Olive Ave131 m
Eastbound Kingsway @ Wilson Ave141 m
Patterson Station @ Bay 2210 m
Westbound Kingsway @ Barker Ave214 m

Nearby Places

Restaurants (5+)

  • Big Way Hot Pot · 4300 Kingsway85 m
  • Pizza Factory · 4300 Kingsway88 m
  • Bubble World · 4300 Kingsway93 m
  • Tairyou ichiba · 4300 Kingsway94 m
  • Saffron Indian Cuisine · 4300 Kingsway95 m

Cafes (5+)

  • Waves Coffee House · 4250 Kingsway125 m
  • Macu Tea · 4429 Kingsway257 m
  • Starbucks342 m
  • Money Tea · 4500 Kingsway359 m
  • Matcha Tea Lab · 4500 Kingsway362 m

Grocery (3)

  • Save-On-Foods · 4469 Kingsway343 m
  • PriceSmart Foods · 4650 Kingsway557 m
  • Real Canadian Superstore · 4700 Kingsway686 m

Parks (5+)

  • Unnamed · 5848 Olive Avenue95 m
  • Old Orchard Park380 m
  • Burnaby Civic Square382 m
  • Kinnee Park432 m
  • George McLean Park639 m

Shopping (1)

  • Unnamed · 4500 Kingsway359 m

Gyms (5+)

  • She's Fit181 m
  • Lin Spa · 4500 Kingsway319 m
  • Crystal Point355 m
  • GoodLife Fitness · 4501 Kingsway378 m
  • Vivian Beauty Spa · 4500 Kingsway411 m

Pharmacies (5+)

  • The Medicine Shoppe · 4277 Kingsway190 m
  • Shoppers Drug Mart · 4429 Kingsway321 m
  • Crystal Pharmacy · 4500 Kingsway405 m
  • Rexall · 6200 McKay Avenue522 m
  • Pharmasave · 4390 Beresford Street553 m

Banks & ATMs (5+)

  • Scotiabank · 4299 Kingsway143 m
  • Scotiabank147 m
  • RBC · 4370 Kingsway180 m
  • Unnamed376 m
  • CTBC Bank · 4501 Kingsway421 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,200.00
Periodic payment — Principal & Interest (monthly)$2,575.50
Additional monthly expenses (strata, tax, utilities, etc.)$502.67
Total monthly cost$3,078.17
Interest paid over 5-yr term$114,411.87
Balance at end of term$359,081.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,645.28

Cash Needed at Closing

Minimum down payment$24,950
Estimated BC PTT$7,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,430

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.

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