5868 Olive Avenue, Burnaby
Move In: 2028
Homes from $647,900 after promotion

Onyx Polygon at a Glance
Where is Onyx by Polygon Homes?
At Olive Avenue & James Street in the Central Park East neighbourhood of Metrotown, Burnaby.
🎁 🎁 Latest Incentives & Pricing for The City of Lougheed – Tower Three
(Updated on December 1, 2025)
💰 💰 Pricing Information
📅 Estimated Completion: Move-in ready
🎁 🎁 Incentives as of December 2025
- Client discount of $5,000 on 1-bedroom homes.
- Client discount of $10,000 on 2-bedroom or larger homes.
- Prize Draw at event: $250 Gift Card to The City of Lougheed Shopping Centre
- Holiday Home Offer on 10 specially priced homes.
- Client Incentive: $5,000 discount on 1 Bed homes.
- Client Incentive: $10,000 discount on 2 Beds or Larger homes.
- 10 specially priced homes that offer exceptional value.
- Client Incentive (1 Beds): $5,000 discount.
- Client Incentive (2 Beds or Larger): $10,000 discount.
- Exclusive Holiday Sales Event with 10 specially priced homes.
- Prize Draw for a $250 Gift Card to The City of Lougheed Shopping Centre for event attendees.
- Invitation to a Tree Lighting Celebration with festive drinks and carolers.
View All Vancouver Presale condo Incentives →
📊 📊 Price Grid as of December 2025
| UNIT | TYPE | PRICE | |---|---|---| | #2201 | 1 Bedroom | $612,000 | | #2503 | 1 Bedroom | $611,000 | | #2405 | 2 Bedroom | $767,000 | | #1004 | 2 Bedroom | $817,000 | | #1904 | 2 Bedroom | $865,000 | | #3203 | 2 Bedroom | $910,000 | | #502 | 2 Bedroom + Den | $819,000 | | #308 | 2 Bedroom + Den | $854,000 | | #2402 | 2 Bedroom + Den | $881,000 | | #3201 | 3 Bedroom + Den | $1,340,000 |
🎁 🎁 Incentives as of November 2025
- Secure a home today and enjoy savings of up to $100,000 on our Crown Jewel Series. Ask sales staff for details.
- Visit any open Polygon or Morningstar sales office on December 6th and 7th for a chance to win a $1,000 shopping spree.
🎁 🎁 Incentives as of October 2025
- Limited-time savings of up to $100,000 (before promotion ends)
- Focus on Crown Jewel Series homes
- Homes include heat-pump system for cooling
- Savings of up to $100,000 before this promotion comes to an end (limited-time offer)
- Promotion applies to the Crown Jewel Series homes
📊 📊 Price Grid as of September 2025
| Size | Original Home Type (sq.ft.) | Price | Savings | Price After Savings | Price/sq.ft. After Savings | |---|---|---|---|---|---|---| | 539 | 1 Bed | $689,900 | $100,000 | $589,900 | $1,094 | | 837 | 2 Bed | $974,900 | $100,000 | $874,900 | $1,045 | | 830 | 2 Bed | $1,056,900 | $100,000 | $956,900 | $1,153 | | 855 | 2 Bed | $1,006,900 | $100,000 | $906,900 | $1,061 |
🎁 🎁 Incentives as of July 2025
- Savings vary by unit type. See price grid for details.: Savings vary by unit type. See price grid for details.
- Offered on Crown Jewel Series homes.: Offered on Crown Jewel Series homes.
- For a limited time.: For a limited time.
- Crown Jewel Series homes: Savings up to $100,000
- Crown Jewel Series homes: 3-year rent guarantee and free professional property management
- GST relief for first-time homebuyers (up to $50,000 savings)
- Federal Government’s recent GST relief announcement for first-time homebuyers (up to $50,000 savings)
- More Jewel Collection homes have just been added
- Federal Government’s recent GST relief announcement for first-time homebuyers (up to $50,000 savings)
📊 📊 Price Grid as of July 2025
| Size | Home Type | (sq.ft.) | Original Price | Savings | Price After Savings | Price/sq.ft. After Savings | |---|---|---|---|---|---|---| | 1303 | 1 Bed | 587 | $673,900 | $100,000 | $573,900 | $978 | | 1504 | 2 Bed | 849 | $991,900 | $100,000 | $891,900 | $1,043 | | 1903 | 2 Bed | 855 | $948,900 | $100,000 | $848,900 | $999 |
REDMA COMPLIANCE: All incentive and pricing information is automatically extracted from developer communications and is subject to change without notice. This information does not constitute a binding offer. All sales are subject to execution of Purchase and Sale Agreement and developer approval. Prospective purchasers must verify current incentives and pricing directly with the developer’s authorized sales representatives and review all REDMA-required disclosure documents before making purchase decisions. Licensed real estate services provided under RESA regulations. E.&O.E.
How long does it take to get to Downtown Vancouver from Onyx?
Twenty minutes by SkyTrain or 23 minutes by car.
Where is the best place for city views?
From the Sky Lounge on the top floor of Onyx.
The Best of Both Worlds
Introducing Onyx by Polygon Homes, a 34-storey residential highrise designed by acclaimed Vancouver firm, dys architecture, coming soon to Metrotown.
Named after the valuable gemstone that is believed to bring good luck and imparts strength & will power, this tower offers a collection of 261 condominiums with a selection of 19 floorplans ranging from 538 – 1,634 sq ft.
Polygon-designed interiors feature integrated appliances, engineered stone countertops with complementary full-height backsplash, built-in main bedroom closet organizers, and a Telus SmartHome package.
Hotel-inspired amenities include fitness studios, plunge pools, a sauna, social rooms, a rooftop Zen garden, and the top floor Sky Lounge. Six levels of underground parking accommodate 618 bicycles and 317 vehicles.
Onyx by Polygon Location
Situated at Olive Avenue & James Street in Burnaby’s Central Park East neighbourhood, Onyx is just steps away from Patterson Station which will deliver you to work, a concert, game, or festival in Downtown Vancouver in 20 minutes or less.
It’s also a short walk to the 212-acre Central Park — an urban oasis of forested trails, quiet ponds, an outdoor swimming pool, pitch & putt golf, tennis courts, and playgrounds.
For all of your grocery shopping needs, Save-On-Foods is nearby at Kingsway & Willingdon. Alternatively, enjoy an array of dining choices in close proximity, including the culinary delights of Crystal Mall.
Onyx homeowners will also appreciate the convenience of having the 400+ stores, services, and food outlets of Metropolis at Metrotown just one SkyTrain stop away.
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What is the Pricing for Onyx by Polygon?
Register today. Sign up to my VIP list above to receive the latest on limited releases, VIP previews, and exclusive promotions.
What Floorplans does Polygon Homes offer?
The 261 market strata condominiums range from 538 – 1,634 sq ft and comprise a selection of 19 plans with the following mix:
- 8 x 538-sq-ft studios
- 36 x 538-sq-ft 1-bedroom
- 26 x 570-sq-ft adaptable 1-bedroom
- 97 x 2-bedroom from 809 – 863 sq ft
- 28 x 848-sq-ft adaptable 2-bedroom
- 54 x 843-sq-ft 2-bedroom + den
- 12 x 3-bedroom from 1,033 – 1,634 sq ft
Contact me today to discuss availability and plans according to your needs.
What Amenities does Polygon provide?
Hotel-inspired amenities span over two floors and include a long list of features dedicated to residents’ well-being and leisure.
Health-inspired spaces such as fitness studios, plunge pools and sauna are located on the ground floor. Venture to the top floor and experience a Sky Lounge like no other.
Unwind in one of the social rooms, challenge friends to card games or billiards, or simply immerse yourself in the peaceful ambiance of our rooftop Zen Garden.
Does Onyx by Polygon have Parking & Storage?
An underground parkade provides six levels for 618 bicycles and 317 vehicles, including 31 visitor stalls and 37 accessible spaces.
Proposed transportation demand measures include transit pass subsidies and a carshare fund. Contact me for details and availability.
Who is the Development Team?
Polygon Homes

Polygon Homes
Since 1980, the Polygon family of companies has built more than 26,000 homes throughout the Lower Mainland, ranging from concrete highrises to woodframe condominiums, townhomes and single-family communities.
From this wealth of experience, Polygon Homes has earned a trusted reputation, placing it among the most highly-respected group of home builders in British Columbia.
Long before “Going Green” became trendy, Polygon made the commitment to build homes with an enduring connection to the land and the communities in which they do business.
With their own sales, development, construction, and customer service departments all under one roof, Polygon is truly committed to serving their customers.
Examples of Polygons work featured on this site include:
- Exeter Hall, Vancouver
- Skylark, Burquitlam – Polygon Homes
- Halo – Polygon Homes
- Arterra – Polygon Homes
- Elle, North Vancouver – Polygon Homes
- Sophora on the Park at 1182 Westwood Street
- Partington Creek
- Talistar, Richmond City Centre – Polygon Homes
- Onyx – Polygon Homes
dys Architecture
Established in 1982, dys architecture is an award-winning consulting firm recognized for innovation in accessibility and sustainable design.
Specializing in architecture, physical planning, and research in associated areas, dys has experience in both both public and private sector work.
Other dys projects featured here include The Conservatory, Clive at Collingwood and Perla.

When will Onyx be completed?
TBA.
Related Burnaby Condos
Are you interested in learning more about other homes in Brentwood, Metrotown, or Edmonds?
Check out Perla, Greenhouse, Solhouse 6035, and these great Burnaby Presales!
What is REDMA? Check out this legislation that protects you, the buyer.
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