Property Type: TownhouseOwnership: Strata

211 5588 PATTERSON AVENUE

Burnaby, BC V5H0A7

$899,000

2 bed3 bath1 parking1,138 sqftBuilt 2009
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse
Frontage
0 feet

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$398/mo
Annual property tax
$2,730.88 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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®
R3143262
Listed
July 6, 2026
Time on market
On the market for 56 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

RARELY AVAILABLE 2 BEDROOM + DEN TOWNHOME WITH 2 ENSUITES! Welcome to DECORUS, a boutique community steps from Patterson SkyTrain and Central Park. This well-designed 2-level home features 2 spacious bedrooms with private ensuites, a versatile den ideal for a home office or nursery, plus a powder room on the main floor. Bright open-concept living with 9' ceilings, large windows, granite countertops, stainless steel appliances, and ample storage. Includes 1 secure underground parking stall. Walk to Metrotown, Crystal Mall, parks, schools, restaurants, cafés, and transit. Perfect for first-time buyers, young families, downsizers, or investors seeking comfort, convenience, and value in a prime Burnaby location. (id:63159)

Values & Trends

This listing

$790/sqft

Building average

No other active listings in this building

Burnaby average

$741/sqft

177 active listing(s)

Parking: 1 stall(s) includedStorage 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.

Townhouse Market Stats — Burnaby

Monthly figures from the Fraser Valley Real Estate Board for Burnaby townhouselistings — not specific to this property.

MLS® HPI Benchmark Price

$897,400

Jul 2026

Average Sale Price

$889,311

Jul 2026

Monthly Sales

35

Jul 2026

Active Listings

197

Jul 2026

Sales-to-Active Ratio

18.0%

Jul 2026

Median Days to Contract

14 days

Jul 2026

MLS® HPI Benchmark Price

$1,002,100
$815,000
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Vancouver

Clear

15°C

Clear

Humidity 100%

Wind NW 5 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

52

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

SchoolTypeDistance
École Inman ElementaryElementary576 m
Chaffey-Burke ElementaryElementary594 m
Moscrop SecondarySecondary1.2 km
Graham Bruce Community ElementaryElementary1.2 km
Cascade Heights ElementaryElementary1.4 km
Dr H N Maccorkindale ElementaryElementary1.4 km
Collingwood Neighbourhood SchoolElementary1.4 km
St Mary's(Independent)Elementary1.5 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 Patterson Ave @ Sardis St46 m
Southbound Patterson Ave @ Bond St66 m
Southbound Patterson Ave @ Sardis St77 m
Northbound Patterson Ave @ Bond St116 m
Southbound Patterson Ave @ Burke St216 m

Nearby Places

Restaurants (5+)

  • Kimshaker Resto · 4091 Kingsway183 m
  • Pizza Hut · 4287 Kingsway434 m
  • Big Way Hotpot · 4250 Kingsway459 m
  • Ramie's Greek Restaurant · 4287 Kingsway464 m
  • Pho 24 Express · 4250 Kingsway472 m

Cafes (3)

  • Waves Coffee House · 4250 Kingsway425 m
  • Macu Tea · 4429 Kingsway649 m
  • Starbucks736 m

Grocery (1)

  • Save-On-Foods · 4469 Kingsway731 m

Parks (5+)

  • George McLean Park120 m
  • Unnamed280 m
  • Unnamed · 5848 Olive Avenue465 m
  • Unnamed554 m
  • Old Orchard Park559 m

Gyms (1)

  • She's Fit384 m

Pharmacies (4)

  • Enhance RX · 3965 Kingsway304 m
  • Central Park Pharmacy · 3963 Kingsway326 m
  • The Medicine Shoppe · 4277 Kingsway369 m
  • Shoppers Drug Mart · 4429 Kingsway700 m

Banks & ATMs (3)

  • Scotiabank524 m
  • Scotiabank · 4299 Kingsway524 m
  • RBC · 4370 Kingsway649 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,200.00
Periodic payment — Principal & Interest (monthly)$4,640.03
Additional monthly expenses (strata, tax, utilities, etc.)$682.28
Total monthly cost$5,322.32
Interest paid over 5-yr term$206,124.79
Balance at end of term$646,922.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,413.94

Cash Needed at Closing

Minimum down payment$64,900
Estimated BC PTT$15,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,380

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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