PH15 5388 GRIMMER STREET
Burnaby, BC V5H0B9
$449,900
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $313/mo
- Annual property tax
- $1,564.71 (2025)
Interior
- Heating
- Baseboard heaters, Electric
- Fireplace
- None
- Appliances
- All
Exterior & Lot
- Lot features
- Elevator
Building
- Parcel ID (PID)
- 028-722-477
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®
- R3149994
- Listed
- July 27, 2026
- Time on market
- On the market for 35 days
- Tax assessment year
- 2025
- Data last synced
- August 31, 2026
Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.
Description
Welcome to this bright and well-maintained top-floor penthouse offering 603 square ft of thoughtfully designed living space with no wasted space. This 1 bed, 1 bath home features a functional open-concept layout, large windows that fill the home with natural light, and a private balcony to relax and unwind. Complete with in-suite laundry, 1 secured parking stall, and 1 storage locker, this home offers comfort and convenience with low strata fees. Ideally located just minutes from Royal Oak SkyTrain, Metrotown, Bonsor Recreation Complex, T&T Supermarket, Crystal Mall, parks, cafés, and restaurants. A fantastic opportunity for first-time buyers, downsizers, or investors! (id:63159)
Values & Trends
This listing
$746/sqft
Building average
$759/sqft
1 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
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 Youth Hub Secondary Program | Elementary | 761 m |
| Burnaby South Secondary | Secondary | 783 m |
| École Marlborough Elementary | Elementary | 796 m |
| Windsor Elementary | Elementary | 947 m |
| Maywood Community Elementary | Elementary | 962 m |
| Nelson Elementary | Elementary | 1.1 km |
| Clinton Elementary | Elementary | 1.3 km |
| Brantford Elementary | Elementary | 1.5 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
| Stop | Type | Distance |
|---|---|---|
| Westbound Kingsway @ Denbigh Ave | — | 97 m |
| Eastbound Kingsway @ Grimmer St | — | 174 m |
| Eastbound Kingsway @ Royal Oak Ave | — | 200 m |
| Westbound Kingsway @ Macpherson Ave | — | 219 m |
| Westbound Kingsway @ Royal Oak Ave | — | 311 m |
Nearby Places
Restaurants (5+)
- Jin Jiang Shanghai Restaurant · 5411 Kingsway123 m
- Maruhachi Ramen · 5278 Kingsway155 m
- Boiling Point · 5276 Kingsway162 m
- White Spot · 5550 Kingsway178 m
- MeetRice Noodles · 5226 Kingsway184 m
Cafes (5+)
- Sweethoney Dessert · 5358 Grimmer Street15 m
- Duoduo Fruit Shop · 5318 Grimmer Street27 m
- Sugar Lab · 5376 Grimmer Street31 m
- BenGong's Tea · 5308 Grimmer Street35 m
- Café 106 · 6588 Royal Oak Avenue162 m
Grocery (4)
- Wholesale Club · 5335 Kingsway193 m
- Boemma Euro Foods & Deli · 5172 Kingsway238 m
- Ribbon · 5593 Kingsway260 m
- Hannam Supermarket · 5609 Imperial Street301 m
Parks (4)
- BC Parkway339 m
- Lobley Park444 m
- Unnamed611 m
- Bonsor Park718 m
Gyms (2)
- Fitness World · 5500 Kingsway109 m
- Playground230 m
Pharmacies (3)
- Imperial Remedy's Rx Pharmacy · 5262 Imperial Street212 m
- London Drugs · 4970 Kingsway565 m
- Bonsor Pharmacy & Medical Supplies639 m
Banks & ATMs (3)
- Vancity · 5064 Kingsway415 m
- RBC514 m
- TD · 4994 Kingsway534 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($22,495) — 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.