5318 Kingsway, Burnaby

Olive by Porte at a Glance
Where is Olive by Porte Homes?
At 5318 Kingsway in the Royal Oak neighbourhood of Burnaby, British Columbia V5H 2E9.
Is Olive close to SkyTrain?
Royal Oak Station is only a 7-minute walk away.
Where can I play pickleball?
Bonsor Recreation Complex has pickleball courts.
A Taste of Modern Living
Coming to Metrotown in spring of 2025, Olive is a mixed-use development from Porte Homes, consisting of two 6-storey woodframe buildings with 7,250 sq ft of ground-level commercial space.
From studios to 3-bedroom suites, its 75 condominiums present a variety of floorplans for different budgets and lifestyles, including 17 adaptable homes.
Building amenities feature a fitness space on Level 1, a lounge on Level 2, and rooftop terraces on top each building.
An underground parkade will provide parking for 172 bicycles and 103 vehicles, with EV charging for all resident stalls. Transit and car share subsidies may also be available.
Olive by Porte Metrotown Location
Postal Code: V5H 2E9
Situated at Kingsway and Grimmer Street in Burnaby’s Royal Oak neighbourhood, Olive by Porte gives you the convenience of reaching Downtown Vancouver or Central Surrey in less than 25 minutes via Royal Oak Station, just 500m south.
For all of your shopping needs, just one SkyTrain stop away awaits over 1,000 retailers at Metropolis at Metrotown, including bustling cafés, trendy boutiques, and diverse eateries.
Bonsor Recreation Complex provides all-season leisure activities and recreational programs only 950m away. Alternatively, the crown jewel of Burnaby’s green spaces, Central Park, is a short 10-minute bike ride along the BC Parkway.
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What is the Pricing for 5318 Kingsway?
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What Floorplans does Porte Homes offer?
The 75 condos at 5318 Kingsway have the following unit mix:
- 2 x studios
- 5 x 1-bedroom (adaptable)
- 42 x 1-bedroom + den
- 1 x 1-bedroom + den (adaptable)
- 4 x 2-bedroom
- 9 x 2-bedroom (adaptable)
- 10 x 2-bedroom + den
- 2 x 3-bedroom
Contact me today to discuss availability and plans for 5318 Kingsway according to your needs.
What Amenities does Olive by Porte have?
Residents will enjoy access to over 1,500 sq ft of indoor amenities, including a gym on Level 1 and a lounge with an adjacent patio on Level 2.
Outdoors, both buildings will feature rooftop amenity areas. A public walkway through the property will connect Kingsway and Grimmer Street.
Does Porte Homes provide Parking & Storage?
An underground parkade will accommodate parking for 172 bicycles and 103 vehicles, including 14 commercial, 12 accessible, 9 visitor stalls.
All residential parking spaces will be equipped with an individually-metered Level 2+ charging outlet. There is also one covered car wash stall.
Other transportation options considered for Olive are a car share subsidy equivalent to a 2-year car share membership per unit, and a transit pass subsidy equivalent to a 2-zone monthly pass for 15% of the strata units for two years.
Who is the Development Team for 5318 Kingsway?
Olive by Porte Developer
Porte Homes has been serious about real estate since 1968. They have built over 2,000 homes, and own & manage 880,000 sq ft of commercial space and 750 rental suites.
Porte is committed to creating places where people love to live, work, and play, while strengthening their communities so they last for generations. Previous projects featured here include Clyde, Habitat, and Quinn.
RH Architects
RH Architects is a Vancouver-based architectural firm that consistently ranks among the city’s top firms.
The principals are leaders in the architectural community, spearheading a team with a passion for designing sustainable communities and livable spaces.
In more than two decades since its founding, the firm has designed in excess of 20,000 housing units, including Chateau Laurier at 1009 Laurier Street, Format at 3996 Dumfries Street, and West Third at 177 West 3rd Street.
When will Olive by Porte be completed?
TBA.
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