1006 5885 OLIVE AVE, Burnaby BC V5H 4N8, Burnaby, BC

$789,000
Est. Mortgage /mo

MLS® R2805241

Closed

$768,000
$818,000
Closed at 27 Nov 2023
Listing price: $789,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
2 Beds
2 Baths
1 Stories
$ 510 Maint. Fee
1176 sqft
1990 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Rare corner unit, centrally located, spacious view property in Metropolitan. Panoramic view to City and North Shore Mountain view. 9' ceiling and large windows. Well maintained solid building. Building will be upgraded with elevator modernization and roof deck replacement. All special levy is approved and paid by Seller. Indoor swimming pool, gym, sauna. Walking distance to Central Park, skytrain, transit, Metrotown shopping centre. Appliances are original and buyer may need to upgrade appliance and flooring. Just a little reno and can turn this great floor plan unit to an awesome home. Don't miss!!

General Info

Price $789,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1176
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1990
Age Of Building 33
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop, Wine Cooler
Building Amenities Exercise Centre, Recreation Facilities, Sauna/Steam Room, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2805241
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Gross Taxes $1,982.95
Ownership Type Freehold Strata
Maintenance Fee $510
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Recreation Facilities, Sauna/Steam Room, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Guest, Side Access, Concrete
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 100
Zoning CD
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Mixed, Tile, Carpet
Foundation Concrete Perimeter
Interior Features Elevator
Locker 1
View 1
View Description Mountain and City
Units In Development -
Exterior Features Garden, Balcony
Sewer Public Sewer, Sanitary Sewer

Property History

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Status Date Price
Sold 11-27-2023 $789,000
Show more

Listed by: Sutton Group-West Coast Realty

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
2.54 km
No Rating
Elementary
Chaffey-Burke Elementary School
Above Average
0.47 km
Rating 7.2/10
Secondary
Moscrop Secondary School
1.37 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
1.79 km
Rating 9.4/10
Elementary, Secondary
Deer Lake School
2.28 km
No Rating

Closest Transit

Translink
Westbound Kingsway @ Barker Ave
0.07 km

1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8 is serviced by Chaffey-Burke Elementary School. The property with listing MLS® R2805241 is located 0.47 km from the school. Chaffey-Burke Elementary School has a rating of Rating 7.2/10.

This home with address 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8, Burnaby, BC is also serviced by Burnaby South Secondary School and located 2.54 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 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8 is St.Mary's School with School's rating Rating 9.4/10, located 1.79 km from this home.

The closest to this address 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8 Secondary independent school is Deer Lake School with School's rating No Rating, located 2.28 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 - 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8, 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® R2805241 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 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8 are Average. Property misconduct rating adjacent to MLS® R2805241 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 Westbound Kingsway @ Barker Ave in 0.07 km away from this listing with - MLS® R2805241.

41.1% of people with university certificate/degree live in this neighbourhood adjacent to the 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8 which is High in comparison with other BC neighbourhoods. 8.3% of population in this neighbourhood that is near the Listing MLS® R2805241 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8, Burnaby, BC is $47531 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2805241 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 # R2805241 is 8.7 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8 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 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8, Burnaby, BC is 13933.5 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8 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® R2805241 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 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8 is 40.9 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8, 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 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8. $1037 owners spent in average for the dwelling. Tenants are paying $1255 in this district close to MLS® R2805241 and it is Above Average comparing to other cities.

66.4% of Population in this district near the 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8, 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 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8, 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 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8, Burnaby, BC using Public Transport which is High, 39.3% of using population are using Cars around MLS® R2805241, which is Low. 0.5% of people using Bicycles around the 1006 5885 OLIVE AVENUE, Burnaby BC V5H 4N8 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 510
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 $789,000
Burnaby $808,316
Metrotown $813,667
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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