Property Type: Condo / ApartmentOwnership: Strata

203 5250 VICTORY STREET

Burnaby, BC V5J5H2

$579,999

2 bed2 bath0 parking975 sqftBuilt 1990
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$385/mo
Annual property tax
$1,936.92 (2025)

Interior

Heating
Baseboard heaters
Fireplace
None

Parking

Total spaces
0

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®
R3152746
Listed
August 5, 2026
Time on market
On the market for 26 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.

Description

Well maintained apartment located at Burnaby Metrotown area, corner of Royal Oak Avenue and Victory Street. Unbeatable location, one block to Royal Oak Skytrain. 975 s.f. NE corner unit, quiet unit facing inside. 2 bedrooms and 2 bathrooms has large balcony, this unit has its own hot water tank, price included one parking stall and one storage locker. School catchment: Nelson Elementary and Burnaby South Secondary. Close to Metrotown Centre, restaurants, neighbourhood shopping. All measurements are approx. buyer to verify if deem important. Immediate Possession. No showing : Sep 7-14. (id:63159)

Values & Trends

This listing

$595/sqft

Building average

No other active listings in this building

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

44

6/9 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
Burnaby South SecondarySecondary298 m
Nelson ElementaryElementary610 m
Burnaby Youth Hub Secondary ProgramElementary761 m
Clinton ElementaryElementary898 m
Maywood Community ElementaryElementary1.0 km
Windsor ElementaryElementary1.1 km
South Slope ElementaryElementary1.1 km
École Marlborough ElementaryElementary1.3 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

StopTypeDistance
Northbound Royal Oak Ave @ Sidley St67 m
Southbound Royal Oak Ave @ Sidley St121 m
Westbound Beresford St @ Royal Oak Ave182 m
Royal Oak Station @ Platform 2203 m
Royal Oak Station @ Platform 1213 m

Nearby Places

Restaurants (5+)

  • Sasaya Bistro · 7538 Royal Oak Avenue310 m
  • Tenen Restaurant · 7569 Royal Oak Avenue322 m
  • Something Sweet · 6888 Royal Oak Avenue350 m
  • Makoto Sushi · 5213 Rumble Street363 m
  • Stem Japanese Eatery · 5205 Rumble Street364 m

Cafes (5+)

  • La Forêt · 6958 Palm Avenue243 m
  • Single V Coffee · 5232 Irmin Street305 m
  • Ki Tea House Cafe · 6888 Royal Oak Avenue306 m
  • Adam's Crepes · 5217 Rumble Street362 m
  • D² Tea Lab · 6868 Royal Oak Avenue375 m

Grocery (5+)

  • Smart N Save Grocery & Cafe · 7600 Royal Oak Avenue397 m
  • Buy-Low Foods · 7641 Royal Oak Avenue433 m
  • Hannam Supermarket · 5609 Imperial Street575 m
  • Boemma Euro Foods & Deli · 5172 Kingsway719 m
  • Ribbon · 5593 Kingsway726 m

Parks (5+)

  • Lewarne Park341 m
  • BC Parkway389 m
  • Lewarne Park434 m
  • Ledingham Park · 7298 Jubilee Avenue651 m
  • Unnamed697 m

Gyms (4)

  • Uplift Fitness · 7542 Royal Oak Avenue323 m
  • Anytime Fitness · 7643 Royal Oak Avenue453 m
  • Fitness World · 5500 Kingsway578 m
  • Playground699 m

Pharmacies (2)

  • South Slope Pharmacy · 5203 Rumble Street364 m
  • Imperial Remedy's Rx Pharmacy · 5262 Imperial Street394 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 5.7% ($33,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$463,999.00
Periodic payment — Principal & Interest (monthly)$2,993.56
Additional monthly expenses (strata, tax, utilities, etc.)$595.86
Total monthly cost$3,589.42
Interest paid over 5-yr term$132,983.45
Balance at end of term$417,368.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$33,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,206.23

Cash Needed at Closing

Minimum down payment$33,000
Estimated BC PTT$9,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$44,100

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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