$1,090,900

1101 5938 OLIVE AVENUE

Burnaby BC V5H 0M6 - Metrotown
2 bd
2 ba
850 sqft
Built 2026

About This Property

Perla by Polygon - a distinctive concrete tower located in the heart of Metrotown, just a stone' s throw from Central Park and Metropolis at Metrotown. At the top of the stylish tower, the Perla sky lounge awaits with an entire floor of meticulously crafted indoor and outdoor entertainment spaces. This SW corner home features a generous wrap-around deck for…

Features

Elevator
Garden
Playground
Balcony
Underground
Guest
Shopping Nearby
Room measurements3 rooms
Living RoomMain · 10'6 × 12'5
BedroomMain · 9'10 × 10'11
BedroomMain · 9'1 × 10'1

Property Details

MLS NumberR3142665
Property TypeApartment/Condo
Bedrooms2
Bathrooms2
Square Feet850
Year Built2026
Parking Spaces1
HeatingHeat Pump
Strata Fee$418.68/mo
Days on Market64
StatusActive
Listed ByPolygon Realty Limited

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 $5,792
Mortgage payment$5,002
Strata fee$419
Property tax$317
Home insurance$55
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 Sep 1

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