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
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About Metrotown, Burnaby — Condos Market
Over the past 12 months, 461 condos have sold in Metrotown, Burnaby, with properties spending an average of 46 days on market. Sign in to view sold price data.
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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 | 91 | 1 | 1990 | 1,183 sqft | N/A |
| 07/13/2026 | 1106 5885 Olive Avenue |
2 | 2 | 1 | $730,000 | Login to View | 7 | 1 | 1990 | 1,177 sqft | N/A |
| 06/03/2026 | 401 4830 Bennett Street |
2 | 2 | 1 | $728,000 | Login to View | 47 | 1 | 1992 | 1,067 sqft | N/A |
| 07/07/2026 | 700 5967 Wilson Avenue |
2 | 2 | 1 | $760,000 | Login to View | 13 | 1 | 1991 | 1,233 sqft | N/A |
| 06/15/2026 | 709 6080 Mckay Avenue |
2 | 2 | 1 | $759,000 | Login to View | 35 | 1 | 2021 | 743 sqft | N/A |
| 02/23/2026 | 1601 6282 Kathleen Avenue |
2 | 2 | 1 | $759,900 | Login to View | 147 | 1 | 1986 | 1,175 sqft | N/A |
| 05/19/2026 | 2007 6333 Silver Avenue |
2 | 2 | 1 | $750,000 | Login to View | 62 | 1 | 2015 | 886 sqft | N/A |
| 06/10/2026 | 502 6282 Kathleen Avenue |
2 | 2 | 1 | $757,000 | Login to View | 40 | 1 | 1986 | 1,169 sqft | N/A |
| 07/13/2026 | 2008 6461 Telford Avenue |
2 | 2 | 1 | $738,800 | Login to View | 7 | 1 | 2014 | 833 sqft | N/A |
| 03/24/2026 | 1106 6383 Mckay Avenue |
2 | 2 | 1 | $745,000 | Login to View | 118 | 5 | 2020 | 807 sqft | N/A |
| Date | Address | Bed | Bath | Kitchen | Asking Price | Sold Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 07/10/2026 | 210 5248 Grimmer Street |
1 | 1 | 1 | $494,500 | $490,000 (-0.9%) | Login to View | 4 | 2 | 2013 | 606 sqft | N/A |
| 07/03/2026 | 3908 5987 Wilson Avenue |
2 | 2 | 1 | $1,199,900 | $1,110,000 (-7.5%) | Login to View | 24 | 1 | 2025 | 977 sqft | N/A |
| 07/01/2026 | 3803 6588 Nelson Avenue |
1 | 1 | 1 | $538,000 | $518,000 (-3.7%) | Login to View | 57 | 1 | 2015 | 540 sqft | N/A |
| 06/22/2026 | 1806 5051 Imperial Street |
1 | 1 | 1 | $558,800 | $536,000 (-4.1%) | Login to View | 19 | 1 | 2019 | 536 sqft | N/A |
| 06/21/2026 | 4203 4880 Bennett Street |
2 | 2 | 1 | $1,098,000 | $1,060,000 (-3.5%) | Login to View | 72 | 1 | 2013 | 1,222 sqft | N/A |
| 06/10/2026 | 907 6699 Dunblane Avenue |
2 | 2 | 1 | $718,000 | $729,000 (1.5%) | Login to View | 43 | 5 | 2021 | 776 sqft | N/A |
| 06/08/2026 | 507 6000 Mckay Avenue |
3 | 2 | 1 | $999,999 | $980,000 (-2.0%) | Login to View | 13 | 1 | 2022 | 1,115 sqft | N/A |
| 06/07/2026 | 1106 6098 Station Street |
1 | 1 | 2 | $628,000 | $602,000 (-4.1%) | Login to View | 19 | 5 | 2018 | 687 sqft | N/A |
| 06/05/2026 | 1301 5051 Imperial Street |
1 | 1 | 1 | $595,000 | $582,000 (-2.2%) | Login to View | 3 | 1 | 2019 | 634 sqft | N/A |
| 06/03/2026 | 406 6398 Silver Avenue |
2 | 2 | 1 | $825,000 | $770,000 (-6.7%) | Login to View | 34 | 1 | 2022 | 850 sqft | N/A |
| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 days ago | 5989 Rumble Street |
5 | 3 | 2 | $1,499,000 | Login to View | 3 | 2 | 2007 | 2,209 sqft | 4,653 sqft |
| 2 days ago | 4607 6000 Mckay Avenue |
3 | 2 | 1 | $1,288,800 | Login to View | 3 | 1 | 2022 | 1,121 sqft | N/A |
| 2 days ago | 602 4333 Central Boulevard |
2 | 2 | 1 | $680,000 | Login to View | 4 | 1 | 2004 | 813 sqft | N/A |
| 3 days ago | 1107 6035 Wilson Avenue |
2 | 2 | 1 | $1,185,900 | Login to View | 4 | 1 | 2030 | 850 sqft | N/A |
| 3 days ago | 2105 6540 Burlington Avenue |
2 | 1 | 0 | $499,000 | Login to View | 4 | 1 | 1983 | 1,106 sqft | N/A |
| 3 days ago | 3008 6080 Mckay Avenue |
2 | 2 | 1 | $789,000 | Login to View | 4 | 1 | 2021 | 787 sqft | N/A |
| 4 days ago | 1302 6398 Silver Avenue |
1 | 1 | 0 | $620,000 | Login to View | 5 | 1 | 2022 | 602 sqft | N/A |
| 4 days ago | 406 6968 Royal Oak Avenue |
2 | 2 | 1 | $649,900 | Login to View | 5 | 1 | 2021 | 836 sqft | N/A |
| 5 days ago | 304 6608 Sussex Avenue |
2 | 2 | 1 | $829,000 | Login to View | 6 | 1 | 2026 | 758 sqft | N/A |
| 5 days ago | 7168 Sussex Avenue |
5 | 4 | 2 | $1,999,000 | Login to View | 6 | 2 | 1990 | 2,876 sqft | 9,150 sqft |
| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 4 days ago | 1206 3970 Carrigan Court |
2 | 2 | 1 | $499,000 | Login to View | 6 | 1 | 1987 | 908 sqft | N/A |
| 5 days ago | 402 4134 Maywood Street |
2 | 2 | 1 | $649,000 | Login to View | 6 | 1 | 1985 | 905 sqft | N/A |
| 5 days ago | 409 6742 Station Hill Court |
2 | 2 | 1 | $649,000 | Login to View | 6 | 1 | 1992 | 877 sqft | N/A |
| 6 days ago | 807 6611 Southoaks Crescent |
2 | 2 | 1 | $699,900 | Login to View | 7 | 1 | 1999 | 1,090 sqft | N/A |
| 6 days ago | 1106 5885 Olive Avenue |
2 | 2 | 1 | $730,000 | Login to View | 7 | 1 | 1990 | 1,177 sqft | N/A |
| 1 week ago | 1206 5885 Olive Avenue |
2 | 2 | 1 | $748,000 | Login to View | 10 | 1 | 1991 | 1,178 sqft | N/A |
| 1 week ago | 212 6939 Gilley Avenue Avenue |
2 | 2 | 1 | $555,999 | Login to View | 12 | 1 | 1990 | 900 sqft | N/A |
| 1 week ago | 101 5565 Barker Avenue |
2 | 2 | 1 | $686,000 | Login to View | 13 | 0 | 1990 | 1,165 sqft | N/A |
| 1 week ago | 700 5967 Wilson Avenue |
2 | 2 | 1 | $760,000 | Login to View | 13 | 1 | 1991 | 1,233 sqft | N/A |
| 1 week ago | 2303 3970 Carrigan Court |
2 | 2 | 1 | $499,888 | Login to View | 14 | 1 | 1986 | 922 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
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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
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