Updated 15 Hours Ago
Highlights
Pet Friendly
Location
5938 Olive Ave, Burnaby, BC V5H, CAN|Maywood
Contact
Westwood Ridge Development Corporation
Nearby rentals
Property management
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Amenities for 5938 Olive Ave, Maywood
Apartment Amenities
| Air Conditioning | Balcony |
| Ensuite Bathroom | Laminate Floors |
| Patio | View |
Appliances
| Dishwasher | Gas Cooktop |
| In-Unit Laundry | Oven |
| Stove |
Building
| Cats OK | Dogs OK |
| 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
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time.
$1,147.50
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
About 5938 Olive Ave
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***
Address details
| Neighborhood | Maywood |
|---|---|
| Post code | V5H |
| Type | Apartment for rent |
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Rent trends in Maywood
1-bedroom apartments at 5938 Olive Ave cost about 0% less than the average rent price for 1-bedroom apartments in Maywood.
Median rents as of Oct 10 2026.
Maywood
Burnaby
| Month | Median Rent |
|---|---|
| October 2024 | $2,400 |
| November 2024 | $2,399 |
| December 2024 | $2,394 |
| January 2025 | $2,395 |
| February 2025 | $2,358 |
| March 2025 | $2,311 |
| April 2025 | $2,317 |
| May 2025 | $2,349 |
| June 2025 | $2,355 |
| July 2025 | $2,369 |
| August 2025 | $2,317 |
| September 2025 | $2,290 |
| October 2025 | $2,292 |
| November 2025 | $2,252 |
| December 2025 | $2,207 |
| January 2026 | $2,209 |
| February 2026 | $2,199 |
| March 2026 | $2,200 |
| April 2026 | $2,207 |
| May 2026 | $2,181 |
| June 2026 | $2,184 |
| July 2026 | $2,179 |
| August 2026 | $2,115 |
| September 2026 | $2,023 |
| October 2026 | $2,100 |
| Month | Median Rent |
|---|---|
| October 2024 | $2,495 |
| November 2024 | $2,490 |
| December 2024 | $2,525 |
| January 2025 | $2,500 |
| February 2025 | $2,441 |
| March 2025 | $2,407 |
| April 2025 | $2,407 |
| May 2025 | $2,466 |
| June 2025 | $2,490 |
| July 2025 | $2,412 |
| August 2025 | $2,382 |
| September 2025 | $2,409 |
| October 2025 | $2,381 |
| November 2025 | $2,362 |
| December 2025 | $2,297 |
| January 2026 | $2,262 |
| February 2026 | $2,248 |
| March 2026 | $2,274 |
| April 2026 | $2,300 |
| May 2026 | $2,259 |
| June 2026 | $2,230 |
| July 2026 | $2,254 |
| August 2026 | $2,310 |
| September 2026 | $2,247 |
| October 2026 | $2,298 |
Affordability calculator
Can I afford to live at 5938 Olive Ave?
Bedrooms
1 bedroomRent-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
$91,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $91,800 annually to afford this 1-bedroom monthly rent price of $2,295.
For more information on rent affordability, visit our rent calculator.
Neighborhood
Maywood | Burnaby, BC
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
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