Metropolitan

5885 Olive Avenue, Burnaby, BC V5H 4N8

Metrotown

Year Built

1990

Units

132

Floors

Building Type

Apartment strata (condo)

Market Overview

Avg Sold Price

$761,918

Median Sold

$768,000

Price Range

$650,000 – $890,000

Avg $/SqFt

$634.33

Sales (2yr)

Active Listings

Avg List Price

$774,714

Last sale: Aug 13, 2026

Condo Fees

Avg Monthly Fee

$549.41

Median Fee

$534.09

Avg $/SqFt

$0.464

Units w/ Fee Data

Fee IncludesMaintenance Grounds, Trash, Caretaker, Hot Water, Management, Gas, Electricity

Building Features

ExteriorConcrete, Concrete (Exterior)

AmenitiesExercise Centre, Sauna/Steam Room, Recreation Facilities, Clubhouse, Bike Room, Cable/Satellite, Other

Building TypeApartment strata (condo)

Floors24 storeys

Year Built1990

Policies

Pet PolicyCats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Rental PolicyRentals allowed (per listing text)

Known Issues & Notes

Known Issues (news/court)

2018-11-27 dispute_crt: Owner claimed $1,102.50 for water damage from upstairs shower drain leak; tribunal ordered strata to pay repair costs and tribunal fees.

Source

Special Assessment Notes

1 listing description(s) mention a special levy/assessment — check Form B

Repairs/Projects

4 listing description(s) mention envelope/rainscreen, roof, piping or remediation work

1 special assessment

4 envelope/leaks

Management

Management CompanyFirst Service Residential

About This Building

Metropolitan (strata plan NWS3355) is an apartment-style strata building at 5885 Olive Avenue in Metrotown, Burnaby. Records show 132 strata lots, a build year of about 1990 and 24 storeys. Since October 2024 there have been 11 recorded sales, averaging roughly $762,000. Strata fees seen in listings average around $549 a month (about $0.46 per sq ft). Listed amenities include exercise centre, sauna/steam room, recreation facilities. Before buying here, have the depreciation report, minutes, bylaws, financials and insurance certificate reviewed.