$706,000

1206 5885 OLIVE AVENUE

Burnaby BC V5H 4N8 - Metrotown
2 bd
2 ba
1,178 sqft
Built 1991

About This Property

Welcome to THE METROPOLITAN by INTRACORP. Only 6 units per floor, this home is situated in the METROTOWN neighbourhood on the SOUTHWEST (SW) corner facing CENTRAL PARK with VIEWS OF DOWNTOWN Vancouver and TREE-LINED South. BONUS NORTH VIEWS! We are steps away to the Sky train surrounded by greenery but also close to tons of shopping and restaurants. This…

Features

Elevator
Storage
Balcony
Garage Under Building
Underground
Guest
Front Access
Shopping Nearby
Room measurements6 rooms▸
Living RoomMain · 16'34 × 21'3
KitchenMain · 13'1 × 11'11
Flex RoomMain · 10'5 × 8'4
Primary BedroomMain · 11'5 × 14'10
BedroomMain · 10'1 × 11'6
FoyerMain · 4'8 × 13'5

Property Details

MLS NumberR3145037
Property TypeApartment/Condo
Bedrooms2
Bathrooms2
Square Feet1,178
Year Built1991
Parking Spaces1
HeatingBaseboard
Strata Fee$609.2/mo
Days on Market128
StatusActive
Listed ByRE/MAX City Realty

School Catchment

Elementary Chaffey-Burke
Secondary Moscrop

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$700,000Median home value
$70,000Median household income
38.6%Owner-occupied
0.2%Single-detached homes
2Avg household size
38.4Median age
60.2%Bachelor's degree or higher (25-64)
47.3%Commute under 30 min
50%Drive to work
60.4%Foreign-born residents
4,564Neighbourhood population

Age

Under 15: 10.3%15 to 64: 72.4%65 and over: 17.3%
  • Under 1510.3%
  • 15 to 6472.4%
  • 65 and over17.3%

Household size

  • 1 person35.3%
  • 238%
  • 316.6%
  • 47.9%
  • 5 or more2.2%

Language spoken at home

24.8% English mother tongue

  • Mandarin16.4%
  • Cantonese11.3%
  • English + other5.6%
  • Farsi4.1%
  • Korean3.4%
  • Spanish3.2%
  • All others31.2%

Mother tongue, share of 4,565 residents.

How this pocket differs

  • notably fewer 5+ person households than Metrotown 2.2% vs 4.6%
  • notably more Farsi speakers than Metrotown 4.1% vs 1.7%
  • fewer Mandarin speakers than Metrotown 16.4% vs 21.9%
  • more Spanish speakers than Metrotown 3.2% vs 2.4%
  • Median household income is lower than Metro Vancouver $70,000 vs $90,000
  • Median dwelling value is notably lower than Metro Vancouver $700,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Monthly Cost Calculator

Estimated monthly cost $4,147
Mortgage payment$3,295
Strata fee$609
Property tax$194
Home insurance$50
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Nov 12

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