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$439,900

311 5388 GRIMMER STREET

Burnaby · MLS® R3110283

1 bed · 1 bath · 618 sq ft · 1 parking

Condo · Single Family · built 2010 · 177 days on market

Listed by Doris Gee, RE/MAX Crest Realty

This affordable 618 square ft one-bedroom condo offers a functional, well-designed and no wasted space, open floor plan with large windows that fill the space with natural light and showcase beautiful North Shore Mountain Views. The home features laminate flooring, and the convenience of in-suite laundry. Step out onto your private balcony 9'4 x 4'6 and enjoy everything this home has to offer, including low strata fees, secured one parking stall, and a storage locker 3'11 x 6'2. Ideally located in a highly convenient neighbourhood, just minutes from Royal Oak SkyTrain, bus routes, Metrotown Shopping Centre, Bonsor Recreation Complex, T&T Supermarket, Crystal Mall, and various cafes and restaurants, this is an excellent opportunity for first-time buyers or investors. *Some photos are virtually staged*

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 618 sq ft
Parking: 1
Year built: 2010
Property tax: $1,623 / yr
Strata fee: $313 / mo ($0.51 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 177
MLS®: R3110283

Below typical for the area (-18%)

Price per sq ft: $712 vs $869 median for condos in Burnaby for sale (992)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Elevator
Pets Allowed With Restrictions
All

On market 177 days

Listed now: 55 days; median for 992 condos for sale; this one 177 days

Condos in Burnaby. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$2,364/mo

Mortgage $1,917 · Tax $135 · Strata $313

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$1,917/ monthly

loan $351,920

25-year amortization

down payment20% · $87,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $223,061
property transfer tax: $6,798; BC general rate
cash to close: $94,778; down + PTT
total paid: $574,981

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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