216 5355 LANE STREET
Burnaby, BC V5H0H1
$625,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $459/mo
- Annual property tax
- $2,085.85 (2025)
Interior
- Heating
- Electric
- Fireplace
- None
Exterior & Lot
- View
- View
- Lot features
- Central location, Private setting, Elevator
Building
- Parcel ID (PID)
- 030-674-603
Parking
- Total spaces
- 1
Restrictions & Policies
- Pets
- Allowed with restrictions
- Rentals
- 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®
- R3159605
- Listed
- August 28, 2026
- Time on market
- On the market for 3 days
- Tax assessment year
- 2025
- Data last synced
- August 31, 2026
Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.
Description
Bright and serene 2 bedroom 2 bathroom home Conveniently located between the two largest parks in Burnaby, and within walking distance to Metrotown, Royal Oak Station, La Foret Cafe, Doggy Daycares. The home features North facing mountain views and is privately situated on the quiet side of the building, with no neighbors directly across from you. Open chefs kitchen featuring stainless steel appliances, quartz countertops, and plenty of storage. Laminate flooring throughout. The building hosts a party room, extra large storage lockers, and EV charging for only $30/month. as well as a pet groomer, pharmacy, TCM practitioner, nail spa and more. Open Sun. Aug 30th 2:30-4pm (id:63159)
Values & Trends
This listing
$841/sqft
Building average
$872/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
18°C
Mostly Cloudy
Humidity 93%
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 | 721 m |
| Burnaby Youth Hub Secondary Program | Elementary | 766 m |
| École Marlborough Elementary | Elementary | 857 m |
| Windsor Elementary | Elementary | 920 m |
| Maywood Community Elementary | Elementary | 976 m |
| Nelson Elementary | Elementary | 1.1 km |
| Clinton Elementary | Elementary | 1.3 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 | — | 137 m |
| Eastbound Kingsway @ Grimmer St | — | 166 m |
| Westbound Kingsway @ Macpherson Ave | — | 210 m |
| Eastbound Kingsway @ Royal Oak Ave | — | 257 m |
| Royal Oak Station @ Platform 1 | — | 346 m |
Nearby Places
Restaurants (5+)
- White Spot · 5550 Kingsway152 m
- Jin Jiang Shanghai Restaurant · 5411 Kingsway169 m
- Pho Super Bowl · 5505 Kingsway186 m
- Liuyishou Hotpot · 5507 Kingsway201 m
- Maruhachi Ramen · 5278 Kingsway212 m
Cafes (5+)
- Sugar Lab · 5376 Grimmer Street63 m
- Sweethoney Dessert · 5358 Grimmer Street69 m
- Duoduo Fruit Shop · 5318 Grimmer Street77 m
- BenGong's Tea · 5308 Grimmer Street81 m
- Café 106 · 6588 Royal Oak Avenue199 m
Grocery (4)
- Wholesale Club · 5335 Kingsway256 m
- Hannam Supermarket · 5609 Imperial Street264 m
- Ribbon · 5593 Kingsway266 m
- Boemma Euro Foods & Deli · 5172 Kingsway288 m
Parks (4)
- BC Parkway317 m
- Lobley Park481 m
- Unnamed620 m
- Bonsor Park738 m
Gyms (2)
- Fitness World · 5500 Kingsway91 m
- Playground234 m
Pharmacies (3)
- Imperial Remedy's Rx Pharmacy · 5262 Imperial Street175 m
- London Drugs · 4970 Kingsway610 m
- Bonsor Pharmacy & Medical Supplies677 m
Banks & ATMs (3)
- Vancity · 5064 Kingsway464 m
- RBC562 m
- TD · 4994 Kingsway581 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
Other Listings in This Building
Other units currently listed in the same building. 216 5355 LANE STREET
$650,000
252 5355 LANE STREET, Burnaby
$387/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
$634,900
123 5355 LANE STREET, Burnaby
$453/mo maintenance
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Financial Ledger
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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.