257 5355 LANE STREET
Burnaby, BC V5H0H1
$629,900
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
- $2,079.88 (2025)
Interior
- Heating
- Baseboard heaters, Electric
- Fireplace
- None
Parking
- Total spaces
- 2 — 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®
- R3109220
- Listed
- April 9, 2026
- Time on market
- On the market for 144 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Sabre Realty Group · Data source: CREA DDF.
Description
2 bedroom 2 bathroom 2 parking condo in Metrotown! Built in 2020, this home features 9' ceilings, laminate flooring throughout, and an open concept kitchen with quartz countertops and stainless steel appliances. Located steps from Royal Oak SkyTrain Station, Metropolis @ Metrotown, shops and restaurants along Kingsway, and Bonsor Community Centre. Pet friendly building allows rentals and includes 2 parking spots, 1 storage locker, ample visitor parking and 3 EV chargers. (id:63159)
Values & Trends
This listing
$834/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
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
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 | 699 m |
| Burnaby Youth Hub Secondary Program | Elementary | 764 m |
| École Marlborough Elementary | Elementary | 877 m |
| Windsor Elementary | Elementary | 916 m |
| Maywood Community Elementary | Elementary | 977 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 | — | 157 m |
| Eastbound Kingsway @ Grimmer St | — | 173 m |
| Westbound Kingsway @ Macpherson Ave | — | 216 m |
| Eastbound Kingsway @ Royal Oak Ave | — | 275 m |
| Royal Oak Station @ Platform 1 | — | 327 m |
Nearby Places
Restaurants (5+)
- White Spot · 5550 Kingsway153 m
- Jin Jiang Shanghai Restaurant · 5411 Kingsway190 m
- Pho Super Bowl · 5505 Kingsway196 m
- Liuyishou Hotpot · 5507 Kingsway208 m
- Something Sweet · 6888 Royal Oak Avenue215 m
Cafes (5+)
- Sugar Lab · 5376 Grimmer Street84 m
- Sweethoney Dessert · 5358 Grimmer Street89 m
- Duoduo Fruit Shop · 5318 Grimmer Street96 m
- BenGong's Tea · 5308 Grimmer Street100 m
- Sweet Puffin · 5252 Imperial Street192 m
Grocery (4)
- Hannam Supermarket · 5609 Imperial Street258 m
- Ribbon · 5593 Kingsway275 m
- Wholesale Club · 5335 Kingsway277 m
- Boemma Euro Foods & Deli · 5172 Kingsway304 m
Parks (4)
- BC Parkway308 m
- Lobley Park491 m
- Unnamed621 m
- Bonsor Park741 m
Gyms (2)
- Fitness World · 5500 Kingsway98 m
- Playground243 m
Pharmacies (3)
- Imperial Remedy's Rx Pharmacy · 5262 Imperial Street161 m
- London Drugs · 4970 Kingsway623 m
- Bonsor Pharmacy & Medical Supplies687 m
Banks & ATMs (3)
- Vancity · 5064 Kingsway479 m
- RBC576 m
- TD · 4994 Kingsway595 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
Other Listings in This Building
Other units currently listed in the same building. 257 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
$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.