2705 5938 Olive Ave, Burnaby, BC | MLS^® R3070493 Property Details

Welcome to Perla by Polygon - stylish parkside apartment homes in the heart of Metrotown! Designed by dys architecture, this 39-storey tower creates a sense of sophistication with clean lines and bold accents. Featuring a prime location, Perla is a short walk from Metropolis at Metrotown, the SkyTrain network as well as various shops, restaurants and services. This SE-facing corner home comes with a lot of designer details, and a junior third bedroom with a window (which also makes a great home office!) A walk-in closet with custom drawers and lighting in the main bedroom helps keep your wardrobe organized. Visit our sales office at 6039 McKay Ave., Burnaby, open noon to 5pm daily except Fridays.

General Info

Price $1,118,900

Total Bedrooms 3

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 864

Lot Size -

Lot Size Depth Feet

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2026

Age Of Building 0

Building Type Apartment/Condo

Property Type Residential

Stories 5

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Building Amenities Bike Room, Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3070493

Area Burnaby South

Neighbourhood Metrotown

City Burnaby

Gross Taxes 0

Ownership Type Freehold Strata

Maintenance Fee $423.98

Community Features Shopping Nearby

Amenities Nearby Bike Room, Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal

Heating & Cooling

Fireplace 0

Heating Type Heat Pump

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Sanitation, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Guest

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed

Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Rental Restrictions -

Zoning CD-RM5

Rental Suites -

# of Kitchens 0

Flooring Laminate, Tile

Foundation Slab

Interior Features Elevator

Locker -

View -

View Description -

Units In Development 335

Exterior Features Garden, Playground, Balcony

Sewer Sanitation, Sanitary Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	11'8 x 11'8 ft
Main Level	Bedroom	10'0 x 10'0 ft
Main Level	Bedroom	9'6 x 9'6 ft
Main Level	Bedroom	7'8 x 7'8 ft

Listed by: Polygon Realty Limited

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary

Burnaby South Secondary School

2.42 km

Elementary

Chaffey-Burke Elementary School

Above Average

0.59 km

7.2/10

Secondary

Moscrop Secondary School

1.54 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary

St.Mary's School

1.87 km

Elementary, Secondary

Deer Lake School

2.37 km

Closest Transit

Bus Stop

Patterson Station @ Bay 2

0.1 km

Skytrain

Skytrain @ Patterson Stn

0.14 km

Noise/ Power Lines

Road/Hwy Noise

Unlikely

Railway/Sky train Noise

Unlikely

Airport/Port Noise

Unlikely

Close to major Power Lines

Unlikely

Other

Agricultural Land Reserve (ALR)

Unlikely

Flood Area

Unlikely

Close to Cemeteries

Unlikely

Welcome to 2705 5938 Olive Avenue, a beautiful property located in the heart of Burnaby, BC, listed with MLS^® R3070493. I'm your trusted realtor, excited to guide you through the community and highlight its many charms.

Education: A Strong Foundation

Just down the road from this lovely home, you'll find Chaffey-Burke Elementary School, rated 7.2/10. This highly-rated school is just 0.59 km away, making it an ideal choice for families. Additionally, Burnaby South Secondary School, with a rating of No Rating, is located 2.42 km from this property. St. Mary's School, a highly-rated elementary independent school, is just 1.87 km away, boasting a rating of 9.4/10. Deer Lake School, a secondary independent school, is 2.37 km from this home, with a rating of No Rating.

Safety: A Peaceful Neighborhood

According to the latest crime statistics from Statistics Canada (2020), the area surrounding 2705 5938 Olive Avenue, Burnaby, BC, has a Below Average crime rate, with a total of 6,145.56 incidents per 100,000 population. This translates to a safe and secure environment for you and your loved ones. The drug crime rate is also Below Average, with a rating of 126.78, and a year-by-year change of 2.35%. Property crimes are Average, with a rating of 3,691.76, and a year-by-year change of -17.54%.

Demographics: A Vibrant Community

This charming neighborhood is home to a diverse population, with 41.1% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 8.3% of the population has no certificate or degree, indicating a Low number compared to the average in BC. The median household income in this area is $47,531, which is Low compared to the British Columbia average. The median personal income is $23,644, also Low compared to the BC average.

Lifestyle Amenities: A Hub of Activity

Imagine waking up each morning just a short walk from Patterson Station @ Bay 2, a convenient bus stop located 0.1 km from this property. This home is also close to Metrotown, a bustling shopping and entertainment district. Enjoy the beautiful parks, beaches, and trails that Burnaby has to offer, all just a short drive or bike ride away.

Real Estate Context: A Thriving Market

The average value of dwellings in this neighborhood is $523,380, which is Above Average compared to other areas in British Columbia. The average owner payments are Below Average, with $1,037 spent on average for the dwelling. Tenants, on the other hand, are paying $1,255, which is Above Average compared to other cities. With 66.4% of the population renting, this is a High number compared to other BC cities and areas.

Commuting: Convenient and Accessible

This property is perfectly positioned for easy commuting, with 49.3% of the population using public transport, which is High. The remaining 39.3% use cars, which is Low, while 0.5% use bicycles, also Low. However, 9.1% of the population prefers to walk, which is Above Average.

A Home for You: 2705 5938 Olive Avenue, Burnaby, BC, MLS^® R3070493

As you can see, this property offers an excellent blend of education, safety, and lifestyle amenities. With its convenient location and thriving market, 2705 5938 Olive Avenue, Burnaby, BC, listed with MLS^® R3070493, is a must-see for anyone looking for a home in this vibrant neighborhood. Contact me today to schedule a viewing and make this beautiful property your own!