2503 5938 OLIVE AVE, Burnaby BC V0V 0V0, Burnaby, BC

$977,900
Est. Mortgage /mo

MLS® R2799972

Closed

$977,900
Closed at 29 Jul 2023
Listing price: $977,900
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
2 Beds
2 Baths
5 Stories
$ 408.08 Maint. Fee
828 sqft
2026 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Welcome to Perla by Polygon, where you will enjoy park tranquility and Metrotown urban energy at the same time. Steps away, Central Park offers year-round beauty and lively spaces for fun events. An inexhaustible assortment of brand-name stores1 dining and entertainment options are also available just down a tree-lined boulevard. This thoughtfully laid out floorplan features 9' ceilings, air-conditioned interiors, and a sleek kitchen appointed with Fulgar Milano appliances, and a large ensuite with dual sinks and a spa shower. Just an elevator ride away, over 20,000 sq. ft. of residents-only amenities offer a luxurious work-life balance. Visit our sales office at 6039 McKay Ave., Burnaby, open daily noon to 6pm except Fridays.

General Info

Price $977,900
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 828
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 # R2799972
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Gross Taxes 0
Ownership Type Freehold Strata
Maintenance Fee $408.08
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
Sold 07-29-2023 $977,900
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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
2.43 km
No Rating
Elementary
Chaffey-Burke Elementary School
Above Average
0.59 km
Rating 7.2/10
Secondary
Moscrop Secondary School
1.54 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
St.Mary's School
1.86 km
Rating 9.4/10
Elementary, Secondary
Deer Lake School
2.37 km
No Rating

Closest Transit

Translink
Patterson Station @ Bay 2
0.09 km

2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0 is serviced by Chaffey-Burke Elementary School. The property with listing MLS® R2799972 is located 0.59 km from the school. Chaffey-Burke Elementary School has a rating of Rating 7.2/10.

This home with address 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0, Burnaby, BC is also serviced by Burnaby South Secondary School and located 2.43 km from it. Burnaby South Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0 is St.Mary's School with School's rating Rating 9.4/10, located 1.86 km from this home.

The closest to this address 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0 Secondary independent school is Deer Lake School with School's rating No Rating, located 2.37 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 15,851 volation disturbances in this neighbourhood. The overall crime rate near the address - 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0, Burnaby, BC is 6,145.56. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is -11.13%

Drug crime rate next to the listing MLS® R2799972 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 126.78. There were 327 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 2.35%

Property crimes in the neighbourhood close to real estate listing for sale 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0 are Average. Property misconduct rating adjacent to MLS® R2799972 is 3,691.76. There were 9,522 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -17.54%

There were 2,304 violent lawbreaking disorders in 2020. 893.28 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is -5.51%

The closest Bus station is Patterson Station @ Bay 2 in 0.09 km away from this listing with - MLS® R2799972.

41.1% of people with university certificate/degree live in this neighbourhood adjacent to the 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0 which is High in comparison with other BC neighbourhoods. 8.3% of population in this neighbourhood that is near the Listing MLS® R2799972 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0, Burnaby, BC is $47531 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2799972 is $23644 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 38.9% which is Low.

Unemployment rate in the area around Real Estate Listing # R2799972 is 8.7 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0 Metrotown where population change between 2011 and 2016 was 0.5%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0, Burnaby, BC is 13933.5 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0 is 2.6. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2799972 is 56.1% and it is Average. % of Married or living common law is around 53.2% and it is Below Average.

Average age of the population close to the 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0 is 40.9 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0, Burnaby, BC is $523380 and this is Above Average comparing to other areas in British Columbia

Average Owner payments are Below Average in the area adjacent to 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0. $1037 owners spent in average for the dwelling. Tenants are paying $1255 in this district close to MLS® R2799972 and it is Above Average comparing to other cities.

66.4% of Population in this district near the 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0, Burnaby, BC is 5.6%, it is Below Average, % of English speakers only is 86.3% and Below Average. % of Neither English nor French speakers close to home for sale 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0, Burnaby, BC is 8% and it is High comparing to other BC cities.

49.3% of all population in the area around this property with the address 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0, Burnaby, BC using Public Transport which is High, 39.3% of using population are using Cars around MLS® R2799972, which is Low. 0.5% of people using Bicycles around the 2503 5938 OLIVE AVENUE, Burnaby BC V0V 0V0 and it is Low. 9.1% of population are walking which is Above Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 408.08
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $977,900
Burnaby $895,742
Metrotown $917,741
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Call or Text Now!
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