501 - 5885 Olive Avenue, Metrotown, Burnaby, V5H 4N8 – 2 Bed Condo for Sale
2 Bath · MLS: R3113590
Details
Description
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.
Strata ByLaws
Mortgage
| Downpayment | |
| Rental Income | |
| Monthly Mortgage Payment | |
| Effective Monthly Mortgage Payment | |
| Qualification Monthly Payment | |
| Interest Rate | |
| Qualification Interest Rate | |
| Income Required | |
| Qualification Annual Income Required | |
| CMHC Fees | |
| Amortization Period |
Mortgages can be confusing. Got Questions? Call us 604-330-3784
Mortgage Pre-Qualification
About Metrotown, Burnaby — Condos Market
Over the past 12 months, 478 condos have sold in Metrotown, Burnaby, with properties spending an average of 43 days on market. Sign in to view sold price data.
There are currently 352 other condos for sale in Metrotown. Browse all Metrotown condos for sale.
Amenities
Features
Site Influences
Property Information
| MLS® # | R3113590 |
| Property Type | Apartment |
| Dwelling Type | Apartment Unit |
| Home Style | Multi Family,Residential Attached |
| Kitchens | 1 |
| Year Built | 1990 |
| Parking | Underground,Garage Door Opener |
| Tax | $2,280 in 2025 |
| Strata No | NWS3355 |
| Postal Code | V5H 4N8 |
| Strata Fees | $534 |
| Address | 501 - 5885 Olive Avenue |
| Subarea | Metrotown |
| City | Burnaby |
| Listed By | Sutton Group - Vancouver First Realty |
Floor Area (sq. ft.)
| Main Floor | 1,183 |
| Above | 1,183 |
| Total | 1,183 |
Location
| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/20/2026 | This Property | 2 | 2 | 1 | $738,000 | Login to View | 46 | 1 | 1990 | 1,183 sqft | N/A |
| 06/03/2026 | #1503 6152 Kathleen Avenue |
2 | 2 | 1 | $749,000 | Login to View | 2 | 1 | 1988 | 1,189 sqft | N/A |
| 04/28/2026 | Ph29 5355 Lane Street |
2 | 2 | 1 | $749,999 | Login to View | 38 | 1 | 2019 | 901 sqft | N/A |
| 03/24/2026 | 1106 6383 Mckay Avenue |
2 | 2 | 1 | $745,000 | Login to View | 73 | 5 | 2020 | 807 sqft | N/A |
| 03/13/2026 | 1806 6383 Mckay Avenue |
2 | 2 | 1 | $749,000 | Login to View | 84 | 1 | 2020 | 808 sqft | N/A |
| 04/28/2026 | 907 6699 Dunblane Avenue |
2 | 2 | 1 | $718,000 | Login to View | 38 | 5 | 2021 | 776 sqft | N/A |
| 05/19/2026 | 2007 6333 Silver Avenue |
2 | 2 | 1 | $750,000 | Login to View | 17 | 1 | 2015 | 886 sqft | N/A |
| 04/27/2026 | 2008 6461 Telford Avenue |
2 | 2 | 1 | $748,800 | Login to View | 39 | 1 | 2014 | 833 sqft | N/A |
| 02/23/2026 | 1601 6282 Kathleen Avenue |
2 | 2 | 1 | $759,900 | Login to View | 102 | 1 | 1986 | 1,175 sqft | N/A |
| 04/13/2026 | 403 6888 Royal Oak Avenue |
2 | 2 | 1 | $715,000 | Login to View | 53 | 1 | 2012 | 911 sqft | N/A |
| 03/17/2026 | 909 6537 Telford Avenue |
2 | 2 | 1 | $739,000 | Login to View | 80 | 1 | 2024 | 775 sqft | N/A |
| Date | Address | Bed | Bath | Kitchen | Asking Price | Sold Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 05/18/2026 | 202 5885 Olive Avenue |
2 | 2 | 1 | $700,000 | $700,000 (0.0%) | Login to View | 6 | 1 | 1990 | 1,183 sqft | N/A |
| 05/18/2026 | 1601 5987 Wilson Avenue |
2 | 1 | 1 | $699,000 | $690,000 (-1.3%) | Login to View | 164 | 1 | 2025 | 665 sqft | N/A |
| 05/13/2026 | 403 6333 Silver Avenue |
1 | 1 | 1 | $529,000 | $515,000 (-2.6%) | Login to View | 17 | 1 | 2015 | 507 sqft | N/A |
| 05/07/2026 | 205 7337 Macpherson Avenue |
1 | 1 | 1 | $529,900 | $503,000 (-5.1%) | Login to View | 80 | 1 | 2008 | 724 sqft | N/A |
| 05/06/2026 | 3007 6035 Wilson Avenue |
2 | 2 | 1 | $1,242,900 | $1,242,900 (0.0%) | Login to View | 1 | 2029 | 850 sqft | N/A | |
| 05/06/2026 | 1506 6511 Sussex Avenue |
2 | 2 | 1 | $698,000 | $760,000 (8.9%) | Login to View | 27 | 5 | 2023 | 775 sqft | N/A |
| 05/06/2026 | 115 5775 Irmin Street |
2 | 2 | 1 | $629,000 | $613,000 (-2.5%) | Login to View | 85 | 1 | 2010 | 828 sqft | N/A |
| 05/05/2026 | 4009 6538 Nelson Avenue |
2 | 2 | 1 | $763,000 | $756,600 (-0.8%) | Login to View | 15 | 1 | 2017 | 763 sqft | N/A |
| 05/02/2026 | 1001 5051 Imperial Street |
1 | 1 | 1 | $589,999 | $577,500 (-2.1%) | Login to View | 17 | 1 | 2019 | 634 sqft | N/A |
| 04/30/2026 | 3603 4670 Assembly Way |
1 | 1 | 1 | $499,000 | $490,000 (-1.8%) | Login to View | 143 | 1 | 2018 | 519 sqft | N/A |
| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 11 hours ago | 3903 4670 Assembly Way |
1 | 1 | 1 | $510,000 | Login to View | 1 | 1 | 2018 | 510 sqft | N/A |
| 10 hours ago | 206 6000 Mckay Avenue |
2 | 2 | 1 | $789,999 | Login to View | 2 | 1 | 2022 | 822 sqft | N/A |
| 13 hours ago | 3601 6700 Dunblane Avenue |
2 | 2 | 1 | $1,100,000 | Login to View | 2 | 1 | 2020 | 1,082 sqft | N/A |
| 14 hours ago | 401 4830 Bennett Street |
2 | 2 | 1 | $759,000 | Login to View | 2 | 1 | 1992 | 1,067 sqft | N/A |
| 19 hours ago | #1503 6152 Kathleen Avenue |
2 | 2 | 1 | $749,000 | Login to View | 2 | 1 | 1988 | 1,189 sqft | N/A |
| 19 hours ago | 1505 6511 Sussex Avenue |
1 | 1 | 1 | $545,000 | Login to View | 2 | 1 | 2023 | 515 sqft | N/A |
| 19 hours ago | 612 6028 Willingdon Avenue |
2 | 2 | 1 | $659,000 | Login to View | 2 | 1 | 1999 | 963 sqft | N/A |
| 12 hours ago | 3405 6511 Sussex Avenue |
2 | 2 | 1 | $798,000 | Login to View | 3 | 1 | 2023 | 750 sqft | N/A |
| 15 hours ago | 1006 6087 Wilson Avenue |
2 | 2 | 1 | $989,900 | Login to View | 3 | 1 | 2026 | 933 sqft | N/A |
| 15 hours ago | 1205 6087 Wilson Avenue |
1 | 1 | 1 | $633,900 | Login to View | 3 | 1 | 2026 | 548 sqft | N/A |
| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 14 hours ago | 401 4830 Bennett Street |
2 | 2 | 1 | $759,000 | Login to View | 2 | 1 | 1992 | 1,067 sqft | N/A |
| 19 hours ago | #1503 6152 Kathleen Avenue |
2 | 2 | 1 | $749,000 | Login to View | 2 | 1 | 1988 | 1,189 sqft | N/A |
| 19 hours ago | 612 6028 Willingdon Avenue |
2 | 2 | 1 | $659,000 | Login to View | 2 | 1 | 1999 | 963 sqft | N/A |
| 10 hours ago | 1206 9623 Manchester Drive |
2 | 2 | 1 | $644,900 | Login to View | 3 | 1 | 1992 | 1,003 sqft | N/A |
| 19 hours ago | 1206 3970 Carrigan Court |
2 | 2 | 1 | $519,000 | Login to View | 3 | 1 | 1987 | 908 sqft | N/A |
| 2 days ago | 105 7231 Antrim Avenue |
2 | 2 | 1 | $629,900 | Login to View | 3 | 1 | 1993 | 1,100 sqft | N/A |
| 19 hours ago | 307 3939 Hastings Street |
2 | 2 | 1 | $649,000 | Login to View | 4 | 1 | 1998 | 780 sqft | N/A |
| 2 days ago | 403 9521 Cardston Court |
2 | 2 | 1 | $524,900 | Login to View | 4 | 1 | 1983 | 878 sqft | N/A |
| 3 days ago | 306a 7025 Stride Avenue |
2 | 2 | 1 | $599,000 | Login to View | 4 | 1 | 1992 | 931 sqft | N/A |
| 3 days ago | 403 6070 Mcmurray Avenue |
2 | 2 | 1 | $739,000 | Login to View | 4 | 1 | 1987 | 1,092 sqft | N/A |
Condo for Sale in Metrotown, Burnaby
Condo for sale in Metrotown, Burnaby — listed at $738,000. This 2 bedroom, 2 bathroom condo offers 1,183 sq ft of living space ($624/sq ft) and was built in 1990. Home style: Multi Family,residential Attached. Parking: Underground,Garage Door Opener. Outdoor: Balcony. Building amenities include Wheelchair Access, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds. Property features include Washer/Dryer, Dishwasher, Disposal, Refrigerator, Stove, Intercom. Strata bylaws: Pets Allowed W/rest. Monthly strata fees are $534. Annual property taxes: $2,280 (2025). Listed by Sutton Group - Vancouver First Realty — MLS® #R3113590.
Frequently Asked Questions About 501 - 5885 Olive Avenue
What year was this home built in?
How long has this property been listed for?
Is there a basement in this home?
What is the listing price of 501 - 5885 Olive Avenue, Burnaby, V5H 4N8?
How many bedrooms does 501 - 5885 Olive Avenue, Burnaby, V5H 4N8 have?
What is the square footage of 501 - 5885 Olive Avenue, Burnaby, V5H 4N8?
What are the strata fees at 501 - 5885 Olive Avenue, Burnaby, V5H 4N8?
Are pets allowed at 501 - 5885 Olive Avenue, Burnaby, V5H 4N8?
What is the MLS® number for 501 - 5885 Olive Avenue, Burnaby, V5H 4N8?
What neighbourhood is 501 - 5885 Olive Avenue, Burnaby, V5H 4N8 in?
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. - The advertising on this website is provided on behalf of BC Condos & Homes - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC
prices, details & history