For Sale: 501-5885 Olive Avenue, Burnaby, BC - REW
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$738,000
2 bd • 2 ba • 1183 sf • Apt/Condo
501-5885 Olive Avenue
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$738,000
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501 - 5885 Olive AvenueBurnaby, BC, V5H 4N8

Metrotown
  • 2 Bed
  • 2 Bath
  • 1183 Sqft
  • Apt/Condo

About this home

Welcome to this exceptionally spacious 1,180 sq. ft. residence in an established, well-cared-for Burnaby building in the heart of Metrotown. This home features 2 generously sized bedrooms and 2 full bathrooms, offering a highly practical floor plan that easily accommodates house-sized furniture. Residents enjoy access to solid amenities including an indoor pool, recreation center, and sauna/steam room, all within a wheelchair-accessible building. Complete with 1 parking and 1 storage locker, this unit provides straightforward, comfortable living. Located just a short walk from the everyday conveniences of Metrotown, Central Park trails, and the SkyTrain, this property is a wonderful opportunity to secure substantial, well-connected space.
Listed by: Winnie Lam, Sutton Group - Vancouver First Realty

Home facts and features

Price details
List Price
$738,000
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Gross Taxes for 2025
$2,280
Strata Maintenance Fees
$534
Home facts
Bedrooms
2
Full Bathrooms
2
Parking Spaces
1
Parking Details
Underground, Garage Door Opener
Property Type
Apt/Condo
Year Built
Built in 1990 (36 yrs old)
Title
Freehold Strata
Heating Type
Electric
Pool
Indoor Pool
Features
Fire Sprinkler System, In Unit Laundry, Storage
Amenities
Caretaker, Hot Water, Maintenance Grounds, Management, Recreation Facilities, Sauna, Steam Room, Trash, Wheelchair Access
Appliances
Dishwasher, Disposal, Refrigerator, Stove, Washer & Dryer
Community
Agent details
Primary Agent
Primary Broker
Sutton Group - Vancouver First Realty
Secondary Agent
Secondary Broker
Sutton Group - Vancouver First Realty
Listing details
Days on REW
49 Days
Property Views
603
MLS® Number
R3113590
Source
GVR, FVREB, CADREB, BCNREB
Board
Real Estate Board of Greater Vancouver
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Building Information

The Metropolitan, Apt/Condo in Metrotown
Units:
132
Floors:
25
Built in:
1991
Active Listings:
2

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Chaffey-Burke School
  • Public
  • Pre-K - 7
  • In Catchment
Moscrop Secondary School
  • Public
  • 8 - 12
  • In Catchment
Burnaby South Secondary School
  • Public
  • 8 - 12
  • In Catchment
St Mary's School
  • Independent
  • K - 7
Deer Lake SDA School
  • Independent
  • K - 12
Vancouver Formosa Academy
  • Independent
  • 7 - 12
Vancouver Christian School
  • Independent
  • K - 6
Burnaby Montessori School
  • Independent
  • K - 1
St Francis de Sales School
  • Independent
  • K - 7
Corpus Christi School
  • Independent
  • K - 7
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-08.
Call Agent
Winnie Lam
Phone:
604-813-8111
Office:
604-434-8117
Edgar Sung
Phone:
604-813-8311
Office:
604-434-8117
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.