$699,000

1804 5938 OLIVE AVENUE

Burnaby BC V5H 0M6 - Metrotown
1 bd
1 ba
526 sqft
Built 2026

About This Property

Welcome to PERLA by Polygon! This stunning 18th-floor 1 bedroom, 1 bathroom home offers unobstructed NE-facing city views and a bright, contemporary interior. Enjoy a thoughtfully designed layout, sleek integrated appliances, engineered stone countertops, built-in closet storage and heat-pump cooling for year-round comfort. Perla offers exceptional…

Features

Elevator
Storage
Playground
Balcony
Garage Under Building
Shopping Nearby
Room measurements3 rooms▸
KitchenMain · 10'10 × 11'
Living RoomMain · 12'1 × 11'1
Primary BedroomMain · 13'5 × 9'6

Property Details

MLS NumberR3177065
Property TypeApartment/Condo
Bedrooms1
Bathrooms1
Square Feet526
Year Built2026
Parking Spaces1
HeatingHeat Pump
Strata Fee$262.14/mo
Days on Market23
StatusActive
Listed ByHouseSigma Inc.

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 $3,721
Mortgage payment$3,205
Strata fee$262
Property tax$204
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 9

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