$688,000

1106 5885 OLIVE AVENUE

Burnaby BC V5H 4N8 - Metrotown
2 bd
2 ba
1,177 sqft
Built 1990

About This Property

This spacious 2 bed, 2 bath corner suite features city, mountain and park views, full height windows, and a great layout. Huge principle bedroom with ensuite bathroom and walk through closets opens onto the large West facing patio. Big living and dining rooms feature engineered hardwood floors. Large kitchen has plenty of cabinet and counter space, granite…

Vinod Bashir
Vinod BashirPersonal Real Estate Corp

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Features

Garden
Balcony
Underground
Shopping Nearby
Room measurements5 rooms▸
Living RoomMain · 16'6 × 17'
Dining RoomMain · 8' × 10'6
Primary BedroomMain · 12' × 15'6
BedroomMain · 12' × 12'6
KitchenMain · 12' × 13'

Property Details

MLS NumberR3145452
Property TypeApartment/Condo
Bedrooms2
Bathrooms2
Square Feet1,177
Year Built1990
Parking Spaces1
HeatingBaseboard, Electric
Strata Fee$609.2/mo
Days on Market118
StatusActive
Listed ByTRG The Residential Group Realty

School Catchment

Elementary Chaffey-Burke
Secondary Moscrop

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$700,000Median home value
$70,000Median household income
38.6%Owner-occupied
0.2%Single-detached homes
2Avg household size
38.4Median age
60.2%Bachelor's degree or higher (25-64)
47.3%Commute under 30 min
50%Drive to work
60.4%Foreign-born residents
4,564Neighbourhood population

Age

Under 15: 10.3%15 to 64: 72.4%65 and over: 17.3%
  • Under 1510.3%
  • 15 to 6472.4%
  • 65 and over17.3%

Household size

  • 1 person35.3%
  • 238%
  • 316.6%
  • 47.9%
  • 5 or more2.2%

Language spoken at home

24.8% English mother tongue

  • Mandarin16.4%
  • Cantonese11.3%
  • English + other5.6%
  • Farsi4.1%
  • Korean3.4%
  • Spanish3.2%
  • All others31.2%

Mother tongue, share of 4,565 residents.

How this pocket differs

  • notably fewer 5+ person households than Metrotown 2.2% vs 4.6%
  • notably more Farsi speakers than Metrotown 4.1% vs 1.7%
  • fewer Mandarin speakers than Metrotown 16.4% vs 21.9%
  • more Spanish speakers than Metrotown 3.2% vs 2.4%
  • Median household income is lower than Metro Vancouver $70,000 vs $90,000
  • Median dwelling value is notably lower than Metro Vancouver $700,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Monthly Cost Calculator

Estimated monthly cost $4,019
Mortgage payment$3,167
Strata fee$609
Property tax$194
Home insurance$50
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Nov 5

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