Apartment for rent

Updated 4 Days Ago

5938 Olive Ave
5938 Olive Ave, Burnaby, BC V5H, CAN

Monthly rent	$3,150 Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
Beds	2
Baths	2
Sqft	826

Monthly rent	$3,150 Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
Beds	2
Baths	2
Sqft	826

Updated 4 Days Ago

Location

5938 Olive Ave, Burnaby, BC V5H, CAN|Maywood

Contact

Westwood Ridge Development Corporation

(604) 871-4478

Amenities for 5938 Olive Ave, Maywood

Apartment Amenities

Air Conditioning	Balcony
Ensuite Bathroom	Laminate Floors
Patio	View
Walk-in Closet

Appliances

Dishwasher	Gas Cooktop
In-Unit Laundry	Oven
Stove

Building

Elevator	Fitness Center
Gym Fitness Centre	Key & Fob Elevators
No Smoking Allowed	Onsite Laundry
Residents Lounge	Social Room
Storage Lockers	Wheelchair Accessible

Grounds

Assigned Parking	Exercise Room
Garage Parking	Outdoor Space
Rooftop Terrace	Storage
Swimming Pool

Services

Concierge Service

On-Site Management

Neighborhood

Convenience Store	Meeting Room
Public Transit	Shopping Nearby

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

About 5938 Olive Ave

Home

Apartments in Burnaby

Maywood

5938 Olive Ave, Burnaby, BC V5H, CAN

BRAND NEW Two Bed Two Bath with A/C! Pools & Amenities in core Metrotown! There are two sides to the vibrant neighbourhood of Metrotown, and Perla has the best of both worlds. Take the elevator down and head west. Within a few minutes, you will be surrounded by the tall Douglas fir and cedar trees in Central Park: a 210-acre urban oasis with quiet ponds, beautiful gardens, tennis courts and outdoor swimming pools. If you head east, you will stroll through beautiful tree-lined streets that take you to a diverse restaurant scene. Steaming lattes and alluring pastries are steps away, followed by the province’s biggest shopping complex and the convenient SkyTrain network. Managed Exclusively by Westwood Ridge Development Corporation and professionally managed by Property Managers who are familiar with Perla.Address: 1103-5938 Olive Ave, Burnaby, V5H 0M6Rent includes: Hot Water, Gas, One Parking Stall, One Storage Locker COMTEMPORARY INTERIORS- Maintain the perfect interior environment in any season with an in-suite heat pump system, with easily adjustable heating and cooling using an electronic thermostat inside your home- In-suite stacking washer and dryer make laundry effortlessly convenient- Premium laminate wood-style flooring throughout main living spaces and bedrooms creates a stylish natural foundation- Refined engineered stone countertops are complemented by an impressive full-height engineered stone backsplash- Custom cabinetry in natural wood, matte white or matte grey is complemented by undercabinet lighting, brushed nickel pulls and soft-closing hardware and drawers, offerring significant storage in style- Expansive low-E windows ensure light-filled interiors and views of the surrounding greenery while contributing to energy efficiency- A generous private deck expands your living space into the outdoors PEACE OF MIND- Building concierge takes care of the fine details for you- All homes are pre-wired for high speed cable connection and ADSL cable television outlets, and a USB-C electrical outlet in the kitchen for your digital convenience- As Polygon’s first TELUS Residential Smart Building, the homes at Perla come with a series of technological features including keyless entry, smart home automation, smart parcel lockers and more for residents to enjoy elevated living- Hard-wired smoke detectors and monitored fire sprinklers installed in all homes and common areas- Repair bikes in a dedicated work area and store them in a secure storage locker BUILDING AMENITIES- Ground-level amenities include a WeWork-style lounge, a spin studio, a fitness centre, an outdoor jacuzzi and more to help you maintain work-life balance- At the top of the tower the Perla sky lounge awaits, with an entire floor of meticulously crafted indoor and outdoor entertainment spaces, including an outdoor deck, a fireside social room with an adjoining catering kitchen, and private dining room ***Credit and References Check Required – One Year Lease Required – Smoking NOT Permitted in Unit/Building – No Pets***

Go to property website

Property highlights

How 5938 Olive Ave, Burnaby, BC V5H, CAN compares to other nearby properties.

Considerations

Distance from grocery stores: The nearest grocery store is 4.4 miles away
Distance from transit: More than 4.7 miles from public transportation

Address details

Neighborhood	Maywood
Post code	V5H
Type	Apartment for rent

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Rent trends in Maywood

2-bedroom apartments at 5938 Olive Ave cost about 8% more than the average rent price for 2-bedroom apartments in Burnaby.

Median rents as of Oct 17 2026.

Maywood

Burnaby

A table of 2-bedroom apartment rental data trends in Burnaby
Month	Median Rent
November 2024	$3,074
December 2024	$3,012
January 2025	$3,000
February 2025	$2,998
March 2025	$2,966
April 2025	$2,898
May 2025	$2,862
June 2025	$2,893
July 2025	$2,900
August 2025	$2,907
September 2025	$2,857
October 2025	$2,800
November 2025	$2,800
December 2025	$2,787
January 2026	$2,796
February 2026	$2,790
March 2026	$2,787
April 2026	$2,711
May 2026	$2,694
June 2026	$2,736
July 2026	$2,750
August 2026	$2,685
September 2026	$2,634
October 2026	$2,600

A table of 2-bedroom apartment rental data trends in Maywood
Month	Median Rent
November 2024	$3,200
December 2024	$3,187
January 2025	$3,172
February 2025	$3,262
March 2025	$3,290
April 2025	$3,162
May 2025	$3,100
June 2025	$3,118
July 2025	$3,124
August 2025	$3,256
September 2025	$3,200
October 2025	$3,187
November 2025	$3,081
December 2025	$2,998
January 2026	$2,932
February 2026	$2,902
March 2026	$2,895
April 2026	$2,886
May 2026	$2,952
June 2026	$3,012
July 2026	$2,998
August 2026	$2,949
September 2026	$2,887
October 2026	$2,971

Affordability calculator

Can I afford to live at 5938 Olive Ave?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$126,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $126,000 annually to afford this 2-bedrooms monthly rent price of $3,150.

For more information on rent affordability, visit our rent calculator.

Check availability

Neighborhood

Maywood | Burnaby, BC

NEIGHBORHOOD VIBE

Peaceful and quiet

Noise-canceling headphones not required in this mostly noise free area.

Getting around Burnaby near 5938 Olive Ave

Walking

8/10

Grab your reusable bags–many shops and stores are within walking distance.

Driving

5/10

This area is accessible to thoroughfares and has ample parking options.

Cycling

8/10

Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

10/10

Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 5938 Olive Ave, Burnaby

Groceries

9/10

Wide variety of groceries within a few minutes' walk

Shopping

9/10

Wide variety of shops within a few minutes' walk

Cafes

8/10

Wide variety of cafés within a short drive, including some within walking distance

Restaurants

8/10

Wide variety of restaurants within a few minutes’ walk

Primary schools

8/10

At least one elementary school within a 10-minute walk

High schools

4/10

At least one high school within a 20-minute walk

Parks

9/10

Exceptionally large amount of park space within a few minutes’ walk

Nightlife

6/10

Variety of bars within a short drive

Explore the area around 5938 Olive Ave

Good Neighbour Supermarket Ltd

4500 Kingsway

Seventeen Leung Food Enterprise Ltd

4500 Kingsway

Tai Fang Noodle Ltd

4500 Kingsway

Save-on-Foods

4469 Kingsway

PriceSmart

4650 Kingsway

Other units at this address

5938 Olive Ave, Burnaby, BC V5H, CAN

5938 Olive Ave Burnaby, BC

Occupied

1 Bed, 1 Bath

1 Bed

1 Bath

529 sqft

$2,295

Air Conditioning • Oven • Outdoor Space • Dishwasher • Assigned Parking • In-Unit Laundry

Listed by Westwood Ridge Development Corporation

Days on market: 4

BRAND NEW One Bed One Bath with A/C! Pools & Amenities in core Metrotown! There are two sides to the vibrant neighbourhood of Metrotown, and Perla has the best of both worlds. Take the elevator down and head west. Within a few minutes, you will be surrounded by the tall Douglas fir and cedar trees in Central Park: a 210-acre urban oasis with quiet ponds, beautiful gardens, tennis courts and outdoor swimming pools. If you head east, you will stroll through beautiful tree-lined streets that take you to a diverse restaurant scene. Steaming lattes and alluring pastries are steps away, followed by the province’s biggest shopping complex and the convenient SkyTrain network. Managed Exclusively by Westwood Ridge Development Corporation and professionally managed by Property Managers who are familiar with Perla.Address: 5938 Olive Ave, Burnaby, V5H 0M6Rent includes: Hot Water, Gas, One Parking Stall, One Storage Locker COMTEMPORARY INTERIORS- Maintain the perfect interior environment in any season with an in-suite heat pump system, with easily adjustable heating and cooling using an electronic thermostat inside your home- In-suite stacking washer and dryer make laundry effortlessly convenient- Premium laminate wood-style flooring throughout main living spaces and bedrooms creates a stylish natural foundation- Refined engineered stone countertops are complemented by an impressive full-height engineered stone backsplash- Custom cabinetry in natural wood, matte white or matte grey is complemented by undercabinet lighting, brushed nickel pulls and soft-closing hardware and drawers, offerring significant storage in style- Expansive low-E windows ensure light-filled interiors and views of the surrounding greenery while contributing to energy efficiency- A generous private deck expands your living space into the outdoors PEACE OF MIND- Building concierge takes care of the fine details for you- All homes are pre-wired for high speed cable connection and ADSL cable television outlets, and a USB-C electrical outlet in the kitchen for your digital convenience- As Polygon’s first TELUS Residential Smart Building, the homes at Perla come with a series of technological features including keyless entry, smart home automation, smart parcel lockers and more for residents to enjoy elevated living- Hard-wired smoke detectors and monitored fire sprinklers installed in all homes and common areas- Repair bikes in a dedicated work area and store them in a secure storage locker BUILDING AMENITIES- Ground-level amenities include a WeWork-style lounge, a spin studio, a fitness centre, an outdoor jacuzzi and more to help you maintain work-life balance- At the top of the tower the Perla sky lounge awaits, with an entire floor of meticulously crafted indoor and outdoor entertainment spaces, including an outdoor deck, a fireside social room with an adjoining catering kitchen, and private dining room ***Credit and References Check Required – One Year Lease Required – Smoking NOT Permitted in Unit/Building – Pets Considered***