THE METROPOLITANListing Information
Active Listing · MLS® R3113590

501 5885 OLIVE AVE

Burnaby · Metrotown · Burnaby South   V5H4N8
$683,000
  • 2 Beds
  • 2 Baths
  • 1,183 Sqft
  • 1 Parking
  • Built 1990
501 5885 OLIVE AVENUE 1/4
Photo 1 Photo 2 Photo 3 Photo 4
Les Twarog
★ Building Specialist
Les Twarog
RE/MAX Crest Realty (Westside)RE/MAX
30+ Years Downtown & Westside Expert
604.671.7000 les@6717000.com
📊 Burnaby Condo Market ReportView Market Report →
Market data by RealtySuite  ·  Listed by Sutton Group - Vancouver First Realty
PID 016590953 Strata Plan NWS3355 Strata Lot 20 Sales History Strata Minutes

Property 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. (id:48970)

Property Details

Property Type
Apartment Unit
Style
Multi Family,Residential Attached
Title to Land
Freehold Strata
Year Built
1990
Area
Burnaby South · Metrotown
Outdoor
Balcony
Heating / Cooling
Electric
Construction
Concrete,Brick (Exterior),Concrete (Exterior),Mixed (Exterior)
Parking
Underground,Garage Door Opener (1 stall)
Water Supply
Public
Kitchens
1

Financial

List Price$683,000
Gross Taxes$2,280 · 2025
Maintenance Fee$534/mo
✦ Included in the Maintenance Fee
  • Recreation Facilities
  • Sauna/Steam Room
  • Caretaker
  • Trash
  • Maintenance Grounds
  • Hot Water
  • Management

Rooms 6

Primary Bedroom
Main 12' x 15'6
Bedroom
Main 10' x 12'6
Laundry
Main 3' x 3'
Kitchen
Main 12' x 13'
Dining Room
Main 8' x 10'6
Living Room
Main 16'6 x 17'

Features & Appliances

✦ Appliances & Features
  • 🧺Washer/Dryer
  • 🧺Dishwasher
  • ✨Disposal
  • 🧊Refrigerator
  • 🍳Stove
  • 🔒Intercom
  • 🧯Fire Sprinkler System
  • 🪟Window Coverings
✦ Bylaws & Pets
  • Pets Allowed w/Rest

For Sale in The Metropolitan & Complex

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DateAddressStatusBedBathPriceSqftDOMStrata FeeTaxListed By
2026-09-25 905 5885 Olive Avenue Active 2 2 $760,000 ($697/sf) 1090 0 $469 $2,135 (2026) Royal Pacific Realty Corp.
2026-09-02 2301 5885 Olive Avenue Active 2 2 $1,188,000 ($998/sf) 1190 0 $522 $1,729 (2026) ComFree
2026-08-28 805 5885 Olive Avenue Active 2 2 $720,000 ($659/sf) 1093 0 $558 $2,129 (2025) Selmak Realty Limited
2026-08-25 1706 5885 Olive Avenue Active 2 2 $738,000 ($626/sf) 1178 0 $609 $2,382 (2025) Royal LePage Sussex
2026-07-13 1106 5885 Olive Avenue Active 2 2 $699,000 ($594/sf) 1177 0 $532 $2,322 (2025) TRG The Residential Group Realty
2026-07-10 1206 5885 Olive Avenue Active 2 2 $706,000 ($599/sf) 1178 0 $1 $2,322 (2025) RE/MAX City Realty
2026-04-20 501 5885 Olive Avenue Active 2 2 $683,000 ($577/sf) 1183 0 $534 $2,280 (2025) Sutton Group - Vancouver First Realty
Avg $784,857 ($679/sf) 1156
Where this information comes from: Listing details, room sizes, features and financials are from the active MLS® listing R3113590, Real Estate Board of Greater Vancouver, listed by Sutton Group - Vancouver First Realty (Winnie Lam). Listed Apr 20, 2026. Feed last updated Jul 24, 2026. Building-level information is from the BCCondos.net building database. Measurements are provided by the listing brokerage and are approximate — buyer to verify all data.
Listing photo