905 5885 OLIVE AVENUE
Burnaby, BC V5H4N8
$760,000
Amenities
Also listed: Recreation Centre, Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $469/mo
- Annual property tax
- $2,134.51 (2025)
Interior
- Heating
- Baseboard heaters
- Fireplace
- None
Exterior & Lot
- View
- View
- Pool
- Indoor pool
Parking
- Total spaces
- 1
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®
- R3095671
- Listed
- March 4, 2026
- Time on market
- On the market for 181 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Royal Pacific Realty Corp. · Data source: CREA DDF.
Description
This Well maintained & Managed 2BR + 2Bath 1090 sqft sW corner facing with 9' ceiling is centrally located in the heart of Metrotown. It is bright and spacious layout, engineered hardwood floors, stainless steel appliances, Spacious living room with access to large covered balcony overlooking unobstructed view of Central Park and the city below. Some updates: paint, kitchen, lighting, balcony floor and appliances. 1 parking, storage locker and insuite laundry. Elevator modernization (2022) and roof deck replacement (2023). Piping was done 11 years ago. Short Walk to Patterson Skytrain Station, Central Park, Metrotown, shopping, restaurants, library and more. Building amenities include Caretaker, indoor pool, hot tub, sauna and gym. Yes Available. (id:63159)
Values & Trends
This listing
$697/sqft
Building average
$624/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
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
74
8/9 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 |
|---|---|---|
| Chaffey-Burke Elementary | Elementary | 495 m |
| École Inman Elementary | Elementary | 957 m |
| Maywood Community Elementary | Elementary | 1.3 km |
| École Marlborough Elementary | Elementary | 1.4 km |
| Moscrop Secondary | Secondary | 1.4 km |
| Dr H N Maccorkindale Elementary | Elementary | 1.4 km |
| Burnaby Youth Hub Secondary Program | Elementary | 1.5 km |
| Graham Bruce Community Elementary | Elementary | 1.6 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 @ Barker Ave | — | 62 m |
| Eastbound Kingsway @ Olive Ave | — | 85 m |
| Northbound Patterson Ave @ Kingsway | — | 141 m |
| Eastbound Kingsway @ Patterson Ave | — | 143 m |
| Southbound Patterson Ave @ Kingsway | — | 160 m |
Nearby Places
Restaurants (5+)
- Big Way Hotpot · 4250 Kingsway108 m
- Pizza Hut · 4287 Kingsway118 m
- Pho 24 Express · 4250 Kingsway122 m
- Bubble World · 4300 Kingsway135 m
- Tairyou ichiba · 4300 Kingsway143 m
Cafes (5+)
- Waves Coffee House · 4250 Kingsway70 m
- Macu Tea · 4429 Kingsway350 m
- Starbucks445 m
- Chicha San Chen · 4501 Kingsway494 m
- Matcha Tea Lab · 4500 Kingsway508 m
Grocery (2)
- Save-On-Foods · 4469 Kingsway443 m
- PriceSmart Foods · 4650 Kingsway702 m
Parks (5+)
- Unnamed · 5848 Olive Avenue108 m
- Old Orchard Park387 m
- George McLean Park474 m
- Burnaby Civic Square547 m
- Kinnee Park569 m
Shopping (1)
- Unnamed · 4500 Kingsway514 m
Gyms (5+)
- She's Fit94 m
- Lin Spa · 4500 Kingsway475 m
- GoodLife Fitness · 4501 Kingsway503 m
- Crystal Point505 m
- Vivian Beauty Spa · 4500 Kingsway570 m
Pharmacies (5+)
- The Medicine Shoppe · 4277 Kingsway85 m
- Shoppers Drug Mart · 4429 Kingsway415 m
- Enhance RX · 3965 Kingsway461 m
- Central Park Pharmacy · 3963 Kingsway468 m
- Crystal Pharmacy · 4500 Kingsway563 m
Banks & ATMs (5+)
- Scotiabank · 4299 Kingsway204 m
- Scotiabank206 m
- RBC · 4370 Kingsway308 m
- Unnamed518 m
- CTBC Bank · 4501 Kingsway553 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
Other Listings in This Building
Other units currently listed in the same building. 905 5885 OLIVE AVENUE
$720,000
805 5885 OLIVE AVENUE, Burnaby
$558/mo maintenance
$683,000
501 5885 OLIVE AVENUE, Burnaby
$534/mo maintenance
$730,000
1106 5885 OLIVE AVENUE, Burnaby
$609/mo maintenance
$748,000
1206 5885 OLIVE AVENUE, Burnaby
$609/mo maintenance
$738,000
1706 5885 OLIVE AVENUE, Burnaby
$609/mo maintenance
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 6.7% ($51,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
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.