PH03 5355 LANE STREET

PH03 5355 LANE STREET · Burnaby, Metrotown · Apartment · 2 bed · 2 bath · $659,000 · MLS R3127287

Burnaby, British Columbia · Neighbourhood: Metrotown
C$659,000
For sale
PH03 5355 LANE STREET

PH03 5355 LANE STREET is located in Burnaby (Metrotown). Property snapshot: Apartment, 2 bed, 2 bath, listed at $659,000, MLS R3127287. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Ca

List Price: $659,000
MLS: R3127287
Bedrooms: 2
Bathrooms: 2
Interior Size: 768 sqft
Days on Market: -
Days on Site: 43
Deal Score: 50/100
Catchment Schools: Catchment schools include Maywood Community Elementary, Burnaby South Secondary
Price History: Latest recorded list price 659000.00

Local Decision Guide

How should buyers evaluate PH03 5355 LANE STREET?

Start by reading this listing in its Burnaby Metrotown context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

Burnaby listings should also be screened against SSMUH and provincial small-scale multi-unit housing rules. R1, R4 and R5 zoning may affect multiplex analysis, but they are not automatic buildability guarantees; lot dimensions, area, servicing, trees, parking, permits and current city interpretation still matter.

Burnaby SSMUH / R1 / R4 / R5 quick checklist
  • Confirm the zoning label: R1, R4, R5 or another district.
  • Check lot size, frontage, lane/driveway access, trees, parking and servicing.
  • Read SSMUH, provincial rules and Burnaby's current permit interpretation together.
What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for PH03 5355 LANE STREET?

This page shows a list price of $659,000 with MLS R3127287.

What type of home is this Burnaby, Metrotown listing?

The page shows Apartment, 2 bed, 2 bath at PH03 5355 LANE STREET. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 659000.00.

Which catchment schools are associated with PH03 5355 LANE STREET?

Catchment schools include Maywood Community Elementary, Burnaby South Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

How should Burnaby listings be screened for SSMUH, R1, R4 and R5 risk?

Burnaby listings should be checked against SSMUH, provincial small-scale multi-unit housing policy, R1/R4/R5 zoning, lot size, frontage, servicing, trees, parking and permits. R1/R4/R5 are due-diligence signals, not automatic buildability.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

PENTHOUSE LIVING! Welcome to Infinity. This stunning TOP-FLOOR 2 bed+2 bath unit showcases soaring 9 foot ceilings, elegant crown mouldings, and a chef's kitchen with warm wood accents, quartz countertops, and extended cabinetry added by the developer. The open-concept layout flows seamlessly to your PRIVATE south-facing balcony, offering UNOBSTRUCTED views of Mount Baker and the southern skyline. One of the few units in the building with TWO dedicated parking stalls, plus access to EV charging. Large storage locker also included. Centrally located in the HEART of Metrotown, just steps away from Royal Oak SkyTrain Station, Metropolis, restaurants, parks, and schools. And Downtown Vancouver is just 20 minutes away! Opportunities like this don't last. Don't miss your chance to see it! OPEN HOUSE: Sunday July 5th, 1-3pm. (id:56153)

Property Details

Apartment
Building Type
2
Bedrooms
2
Bathrooms
2020
Year Built
6 years
Age
43
Days on Site
768 sqft
Interior Size
C$858
Price per Sqft

Complex Name: Eternity

Transaction: For sale

Status: active

Listing ID: 29807993 (R3127287)

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The information below is generated by BurnabyHouse.com for your convenience and may not always be accurate. Consult a Realtor to verify.

Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$659,000

PID: 030-675-073

Days on Site: 43 days

Added to BurnabyHouse: 2026-05-26

Updated on: 2026-07-06 09:05 AM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Maywood Community Elementary ELEMENTARY
Public · School District 41
4567 Imperial St, Burnaby, BC
Straight-line distance about 1 km
Burnaby South Secondary SECONDARY
Public · School District 41
5455 Rumble St, Burnaby, BC
Straight-line distance about 755.9 m
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Hannam Supermarket
About 257.5 m away
5609 Imperial Street
Ribbon
About 275.2 m away
5593 Kingsway, Burnaby
Shopping Centres
Burlington Square
About 345.9 m away
5172 Kingsway, Burnaby
Royal Oak Plaza
About 953.7 m away
Parks / Green Space
BC Parkway
About 308 m away
Lobley Park
About 491.2 m away
Rapid Transit Stations
ROYAL OAK STATION
About 331.2 m away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Mon, 06 Jul 2026 07:57:48 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: LPT Realty ULC

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