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Building & Condo Information

The Metropolitan

5885 Olive Ave. Burnaby, BC V5H 4N8, Canada

Active Listings Amenities Construction Strata Property Documents Location Sales Kit Market Report

★ Building Specialist

Les Twarog

BC Condos and Homes Team

30+ Years Downtown & Westside Expert

604.671.7000 les@6717000.com

Levels25
Suites132
StatusCompleted
Built1990
Title to LandFreehold Strata
Strata PlanNWS3355
ConstructionConcrete
AreaBurnaby South
NeighbourhoodMetrotown

7 Active Listings 🔍 9 photos · slideshow

For Sale in The Metropolitan & Complex

Date	Status	Address	Type	Bed	Bath	Price	Sqft	Strata Fee	Tax	Listed By
2026-09-02	Active	2301 5885 Olive Ave.	Single Family	2	2	$1,128,000 ($948/sf)	1190	$522	$1729 (2026)	ComFree
2026-09-25	Active	905 5885 Olive Ave.	Single Family	2	2	$760,000 ($697/sf)	1090	$469	$2135 (2026)	Royal Pacific Realty Corp.
2026-08-25	Active	1706 5885 Olive Ave.	Apartment Unit	2	2	$738,000 ($626/sf)	1178	$609	$2382 (2025)	Royal LePage Sussex
2026-08-28	Active	805 5885 Olive Ave.	Single Family	2	2	$720,000 ($659/sf)	1093	$558	$2129 (2025)	Selmak Realty Limited
2026-07-10	Active	1206 5885 Olive Ave.	Apartment Unit	2	2	$706,000 ($599/sf)	1178	$1	$2322 (2025)	RE/MAX City Realty
2026-07-13	Active	1106 5885 Olive Ave.	Apartment Unit	2	2	$688,000 ($585/sf)	1177	$532	$2322 (2025)	TRG The Residential Group Realty
2026-04-20	Active	501 5885 Olive Ave.	Apartment Unit	2	2	$673,000 ($569/sf)	1183	$534	$2280 (2025)	Sutton Group - Vancouver First Realty
		Avg				$773,286	1156

The Metropolitan Sold History (last 24 months)

Sold Date	Address	Bed	Bath	Sqft	Asking	Sold Price	DOM	Strata Fee	Tax	Listed By
2026-05-18	202 5885 Olive Ave.	2	2	1183	$700,000	$700,000 ($592/sf)		$534	$2257 (2025)	One Percent Realty Ltd.
2026-03-29	1804 5885 Olive Ave.	2	2	1208	$798,000	$775,000 ($642/sf)		$522	$2325 (2025)	Behroyan & Associates Real Estate Services
2025-11-20	702 5885 Olive Ave.	2	2	1237	$719,900	$690,000 ($558/sf)		$555	$2146 (2025)	RE/MAX Select Realty
2025-09-11	2306 5885 Olive Ave.	2	2	1180	$850,000	$800,100 ($678/sf)		$522	$2233 (2024)	Sutton Group-West Coast Realty
2025-06-17	2201 5885 Olive Ave.	2	2	1201	$958,000	$890,000 ($741/sf)		$522	$2230 (2024)	Royal Regal Realty Ltd.
2025-05-05	801 5885 Olive Ave.	2	2	1204	$798,000	$788,000 ($654/sf)		$522	$2165 (2024)	RE/MAX Crest Realty
2025-04-29	2202 5885 Olive Ave.	2	2	1240	$950,000	$855,000 ($690/sf)		$548	$2142 (2024)	Royal Regal Realty Ltd.
2025-02-04	604 5885 Olive Ave.	2	2	1193	$768,000	$768,000 ($644/sf)		$512	$2114	Oakwyn Realty Ltd.
2024-10-04	1806 5885 Olive Ave.	2	2	1180	$778,000	$740,000 ($627/sf)		$512	$2134 (2023)	Dracco Pacific Realty
2024-09-30	1504 5885 Olive Ave.	2	2	1156	$750,000	$725,000 ($627/sf)		$501	$2082 (2023)
2024-04-12	606 5885 Olive Ave.	2	2	1183	$768,000	$735,000 ($621/sf)		$513	$2074 (2023)	Royal Pacific Realty Corp.
2023-12-07	806 5885 Olive Ave.	2	2	1184	$773,000	$773,000 ($653/sf)		$512	$1980 (2022)	Sutton Centre Realty
2023-11-08	704 5885 Olive Ave.	2	2	1186	$788,000	$775,000 ($653/sf)		$502	$1960 (2022)	Oakwyn Realty Ltd.
2023-10-15	1006 5885 Olive Ave.	2	2	1176	$789,000	$768,000 ($653/sf)		$510	$1983 (2022)
2023-07-11	2402 5885 Olive Ave.	3	2	1698	$1,350,000	$1,300,000 ($766/sf)		$587	$2694 (2022)	LeHomes Realty Premier
2023-01-30	1401 5885 Olive Ave.	2	2	1178	$768,000	$768,000 ($652/sf)	14	$469	$2003 (2022)	Royal Pacific Realty (Kingsway) Ltd.
2022-12-19	1804 5885 Olive Ave.	2	2	1156	$718,000	$648,000 ($561/sf)	63	$460	$1997 (2022)	Selmak Realty Limited
2022-09-06	601 5885 Olive Ave.	2	2	1188	$738,000	$710,000 ($598/sf)	11	$471	$1956 (2021)	Nu Stream Realty Inc.
2022-06-02	2302 5885 Olive Ave.	2	2	1251	$818,000	$795,000 ($635/sf)	14	$466	$2353 (2021)	Macdonald Realty
2022-05-17	905 5885 Olive Ave.	2	2	1090	$699,900	$715,000 ($656/sf)	7	$407	$1811 (2021)	RE/MAX Crest Realty
2022-04-28	705 5885 Olive Ave.	2	2	1075	$599,000	$710,000 ($660/sf)	9	$405	$1883 (2021)	Sutton Group-West Coast Realty
2022-04-24	2206 5885 Olive Ave.	2	2	1185	$858,000	$835,000 ($705/sf)	18	$444	$2337 (2021)	RE/MAX City Realty
2022-03-17	1702 5885 Olive Ave.	2	2	1239	$825,000	$798,000 ($644/sf)	23	$466	$2270 (2021)	Pacific Evergreen Realty Ltd.
2022-01-21	2102 5885 Olive Ave.	3	2	1237	$850,000	$800,000 ($647/sf)	9	$466	$2245 (2021)	Pacific Evergreen Realty Ltd.
2021-12-26	1602 5885 Olive Ave.	2	2	1237	$788,800	$762,500 ($616/sf)	81	$467	$1970 (2020)	Laboutique Realty
2021-12-03	2402 5885 Olive Ave.	2	2	1698	$925,000	$1,000,000 ($589/sf)	2	$556	$3072 (2021)	Homelife Benchmark Realty Corp. (White Rock)
2021-11-28	2405 5885 Olive Ave.	2	2	1475	$958,000	$925,000 ($627/sf)	258	$506	$2612 (2020)	Jovi Realty Inc.
2021-08-26	503 5885 Olive Ave.	2	2	1175	$698,000	$693,000 ($590/sf)	2	$434	$2045 (2021)	Coldwell Banker Prestige Realty
2021-08-25	1005 5885 Olive Ave.	2	2	1084	$699,000	$695,000 ($641/sf)	37	$408	$1744 (2020)	Oakwyn Realty Downtown Ltd.
2021-06-15	304 5885 Olive Ave.	2	2	1185	$699,500	$668,000 ($564/sf)	40	$436	$1785 (2020)	Johnston Meier Insurance Agencies & Realty Ltd.
2021-03-22	2004 5885 Olive Ave.	2	2	1181	$749,800	$738,000 ($625/sf)	6	$436	$2021 (2020)	Stonehaus Realty Corp.
2021-03-08	604 5885 Olive Ave.	2	2	1154	$719,900	$715,000 ($620/sf)	8	$436	$1798 (2020)	Team 3000 Realty Ltd.
2021-02-23	1204 5885 Olive Ave.	2	2	1154	$738,888	$732,000 ($634/sf)	27	$435	$1909 (2020)	Royal LePage West Real Estate Services
2021-02-15	704 5885 Olive Ave.	2	2	1157	$680,000	$665,000 ($575/sf)	19	$436		Allie Lau Realty Ltd.
2020-12-21	2206 5885 Olive Ave.	2	2	1200	$728,000	$715,000 ($596/sf)	7	$444	$2094 (2020)	RE/MAX City Realty
2020-12-16	1001 5885 Olive Ave.	2	2	1177	$690,000	$690,000 ($586/sf)	128	$404	$2563 (2019)	Homeland Realty
2020-09-03	2302 5885 Olive Ave.	2	2	1237	$728,000	$718,000 ($580/sf)	29	$466	$2768 (2019)	Multiple Group Paul Li Realty
2020-08-09	201 5885 Olive Ave.	2	2	1183	$650,000	$648,000 ($548/sf)	9	$445	$1832 (2020)	RE/MAX Masters Realty

Sold data from the MLS® feed for strata plan NWS3355. Showing the 15 most recent sales from the last 24 months; expand for up to 80.

The Metropolitan Market Summary

The Metropolitan at 5885 Olive Ave. — currently 7 active listings averaging $773,286. In the past year 3 units sold at an average of $721,667.

Active Listings7

Avg Asking Price$773,286

Sold (1 Year)3

Avg Sold Price$721,667

Avg $/Sqft$597

Value & Financing

Price Positioning

$669 /sq ft

Active listings here average $669/sf vs $865/sf across Metrotown.

23% below area average

Mortgage Snapshot

$3,223 /mo

Entry price (from)$673,000

20% down payment$134,600

Rate / amortization5.24% · 25 yr

Estimate only — not a lending offer. Rate illustrative; confirm with your mortgage advisor.

Overview

The Metropolitan - 5885 Olive Avenue, Burnaby V5H 4N8, NWS3355 - Situated in the Metrotown area of Burnaby South, one block away from Kingsway. Marketplace IGA, various convenience stores, fresh food markets, coffee shops, banks, pharmacies and medical centres are located within less than a kilometre. Between Willingdon and Oak, Metrotown abounds with hundreds of retail opportunities, specialty services, department stores, food courts and cinemas. There are excellent restaurants in the neighborhood including Earls, Boston Pizza, Pizza Hut, various Greek, Chinese and Japanese restaurants; and several pubs. Central Park is across the street. Dr. H. N. MacCorkindale, Graham D. Bruce Elementary schools, Killarney and Windermere High Schools are a short busride away. Transit links including busses and Patterson Skytrain located within walking distance, provide an easy commute to neighboring city centers and Downtown Vancouver. Highway 1 provides quick access to North Vancouver, Whistler, and Canada Provinces.

The Metropolitan - built in 1991, consists of 132 condos featuring 9ft. ceilings, floor-to-ceiling windows, spacious living areas and bedrooms, in-suite laundries, balconies, storage and parking. Amenities include exercise room, hot tub, sauna, indoor pool. Maintenance fees include caretaker, garbage pickup, gardening, hot water and management.

The Metopolitan - central location, abundance of amenities, amazing views - make it yours today!

Amenities / Features

Club House

Elevator

In Suite Laundry

Pool; Indoor

Recreation Center

Storage

Maintenance Fees Include

Caretaker

Garbage Pickup

Gardening

Hot Water

Management

Recreation Facility

Location / Site Influences

Shopping Nearby

Garden

Balcony

Central Location

Near Golf Course

Recreation Nearby

Construction & Development

Construction	Concrete
Exterior Finish	Concrete
Roof	Other
Foundation	Concrete Perimeter
Rain Screen	No
Developer	Intrawest Development Corporation
Management Company	First Service Residential

Strata Information

Strata Plan	NWS3355
Building Type	Strata Condos
Title to Land	Freehold Strata
Units in Strata	132
Units in Development	132
Management Company	FIRST SERVICE RESIDENTIAL — 604-683-8900
Bylaws / Restrictions	PETS ALLOWED W/REST.,RENTALS ALLOWED W/RESTRICTIONS
Parking / Storage	Garage; Underground

Property Documents

📄 Strata Plan 🔒 » 📗 Property Sales Kit »

Market Reports

Live market intelligence for this building's segments — active inventory, medians, ranges & trends. Opens in a new tab.

📊 Burnaby Condo Market Reports

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📊 Burnaby Detached Market Reports

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Market data by RealtySuite

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The Metropolitan

📞 604.671.7000 Contact

Frequently Asked Questions — The Metropolitan

What year was The Metropolitan built?

The Metropolitan was built in 1990.

How many units are in The Metropolitan?

The Metropolitan has 132 strata units across 25 levels.

What amenities does The Metropolitan offer?

CLUB HOUSE, ELEVATOR, IN SUITE LAUNDRY, POOL; INDOOR, RECREATION CENTER, STORAGE.

Is The Metropolitan pet-friendly, and what are the bylaws?

The Metropolitan bylaws/restrictions: PETS ALLOWED W/REST.,RENTALS ALLOWED W/RESTRICTIONS.

Who is the property manager for The Metropolitan?

The Metropolitan is managed by FIRST SERVICE RESIDENTIAL, 604-683-8900.

What is the strata plan number for The Metropolitan?

The strata plan number for The Metropolitan is NWS3355.

Is The Metropolitan freehold or leasehold?

The Metropolitan is FREEHOLD STRATA.

Where is The Metropolitan located?

The Metropolitan is located at 5885 Olive Ave. in Burnaby South, Burnaby.

How is the real estate market at The Metropolitan?

In the past year 3 units sold at The Metropolitan, averaging $721,667; there are currently 7 active listings for sale.

Les Twarog & Team

RE/MAX Crest Realty · Your The Metropolitan specialist

Questions on a listing, a private showing, or what your unit is worth? Talk to the team that knows this building.

📞 604.671.7000 ✉️ Email 💬 Text

Listings for Sale Near The Metropolitan 🔎 MLS® Search »

Active listings nearby80

Average price$936,165

From$468,000

Up to$5,200,000

Summary — 50 nearest listings

Address	Bed	Bath	Sqft	Price
501 5885 Olive Ave.	2	2	1183	$673,000
1206 5885 Olive Ave.	2	2	1178	$706,000
2301 5885 Olive Ave.	2	2	1190	$1,128,000
1106 5885 Olive Ave.	2	2	1177	$688,000
805 5885 Olive Ave.	2	2	1093	$720,000
1706 5885 Olive Ave.	2	2	1178	$738,000
905 5885 Olive Ave.	2	2	1090	$760,000
605 5848 Olive Ave.	2	2	1182	$758,000
2608 5883 Barker Ave.	2	2	855	$899,000
1103 5883 Barker Ave.	2	2	942	$879,000
1804 5938 Olive Ave.	1	1	526	$699,000
201 5938 Olive Ave.	2	2	850	$989,900
2705 5938 Olive Ave.	3	2	864	$1,118,900
208 5938 Olive Ave.	3	2	1130	$1,249,900
1101 5938 Olive Ave.	2	2	850	$1,090,900
1702 5938 Olive Ave.	2	2	802	$1,046,900
607 5987 Wilson Ave.	2	2	837	$868,000
602 5987 Wilson Ave.	2	2	781	$888,000
1503 5987 Wilson Ave.	1	1	453	$559,000
404 5987 Wilson Ave.	2	2	823	$899,900
1006 5987 Wilson Ave.	1	1	566	$599,000
2002 5987 Wilson Ave.	2	2	781	$849,900
404 5987 Wilson Ave.	2	2	823	$849,900
3604 5987 Wilson Ave.	2	2	870	$960,000
2502 5987 Wilson Ave.	2	2	781	$937,000
1702 5883 Barker Ave.	2	2	768	$779,000
700 5967 Wilson Ave.	2	2	1233	$688,000
3202 6035 Wilson Ave.	3	2	1060	$1,521,900
1307 6035 Wilson Ave.	2	2	850	$1,191,900
2407 6035 Wilson Ave.	2	2	850	$1,224,900
706 6035 Wilson Ave.	1	1	498	$745,900
1107 6035 Wilson Ave.	2	2	850	$1,185,900
6 4300 Kingsway			1402	$2,100,000
1706 5899 Wilson Ave.	3	2	1237	$860,000
1102 5899 Wilson Ave.	2	2	945	$699,000
3101 6087 Wilson Ave.	2	2	886	$1,150,000
2106 5899 Wilson Ave.	3	2	1237	$988,000
3901 6087 Wilson Ave.	2	2	886	$1,199,990
215 4155 Central Blvd.	2	1	968	$749,000
1802 6087 Wilson Ave.	1	1	544	$625,900
2602 5685 Halley Ave.	2	2	907	$988,000
2207 6087 Wilson Ave.	1	1	578	$728,000
2006 5685 Halley Ave.	1	1	497	$468,000
1003 6087 Wilson Ave.	1	1	468	$511,900
3004 5685 Halley Ave.	2	2	950	$1,050,000
1909 5685 Halley Ave.	2	2	907	$939,000
604 6087 Wilson Ave.	2	2	851	$899,900
1702 5645 Barker Ave.	1	1	780	$499,000
3104 5685 Halley Ave.	2	2	938	$1,188,000
307 5645 Barker Ave.	2	2	947	$559,000