Property Type: Condo / ApartmentOwnership: Strata

502 5311 GORING STREET

Burnaby, BC V5B0B5

$450,000

1 bed1 bath1 parking581 sqftBuilt 2021
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Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$524/mo
Annual property tax
$1,717.08 (2025)

Interior

Heating
Heat Pump
Fireplace
None

Building

Parcel ID (PID)
031-420-290

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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®
R3129679
Listed
May 29, 2026
Time on market
On the market for 94 days
Tax assessment year
2025
Data last synced
August 30, 2026

Listing provided by: Royal Pacific Realty Corp. · Data source: CREA DDF.

Description

ÉTOILE by Millennium! Spacious one-bedroom plus den corner unit, functional layout with no waste of space. Enjoy the convenience of urban living just steps to transit, Gilmore SkyTrain Station, the Brentwood shopping centre, restaurants, and much more, with quick access to Highway 1. Includes 1 parking stall and 1 storage locker. (id:63159)

Values & Trends

This listing

$775/sqft

Building average

$1,046/sqft

5 active listing(s)

Burnaby average

$865/sqft

1019 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.

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

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

37

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
Holy Cross Elementary School(Independent)Elementary914 m
Parkcrest ElementaryElementary942 m
Brentwood Park ElementaryElementary1.0 km
Take A Hike Secondary ProgramElementary1.4 km
Royal Oak Secondary ProgramElementary1.4 km
Aubrey ElementaryElementary1.4 km
Douglas Road ElementaryElementary1.6 km
Alpha SecondarySecondary1.7 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 Goring St @ Douglas Rd76 m
Eastbound Goring St @ Douglas Rd79 m
Northbound Douglas Rd @ Springer Ave127 m
Northbound Douglas Rd @ Still Creek Ave251 m
Southbound Douglas Rd @ 2200 Block293 m

Nearby Places

Restaurants (5+)

  • Unnamed · 5279 Still Creek Avenue245 m
  • Sushimoto · 2201 Holdom Avenue404 m
  • K Chicken534 m
  • Astro's Kitchen · 2830 Douglas Road578 m
  • White Lotus Cafe666 m

Cafes (1)

  • Starbucks · 2201 Holdom Avenue429 m

Grocery (1)

  • Buy Low Foods708 m

Parks (2)

  • Brentwood Town Centre Park Site341 m
  • Springer Park432 m

Shopping (1)

  • Unnamed · 5901 Broadway713 m

Gyms (2)

  • Unnamed253 m
  • Yoga Spirit · 5681 Goring Street399 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$360,000.00
Periodic payment — Principal & Interest (monthly)$2,322.60
Additional monthly expenses (strata, tax, utilities, etc.)$695.97
Total monthly cost$3,018.57
Interest paid over 5-yr term$103,177.03
Balance at end of term$323,821.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,287.33

Cash Needed at Closing

Minimum down payment$22,500
Estimated BC PTT$7,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$31,000

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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