Buying a Condo in Burnaby

Before buying a condo in Burnaby, review the current Form B, strata bylaws and rules, AGM and SGM minutes, financial statements, contingency reserve fund, insurance coverage, depreciation report, engineering reports and any approved or proposed special levies. Parking, storage, pets, rentals, EV charging and alteration rules should also be confirmed for the individual strata. In BC, strata corporations with five or more lots are required to obtain depreciation reports on a five-year cycle, and the most recent depreciation report, if any, must accompany Form B.Burnaby Condominiums for Sale can require different due diligence depending on location and ownership structure. Condos near Metrotown, Brentwood, Lougheed and Edmonds may be affected by ongoing construction and long-term transit-oriented growth, while UniverCity properties require additional review because of their leasehold ownership structure. For broader guidance on financing, offers, subjects and completion, see our Buying a Home guide or use Find My Dream Home to tell us what you are looking for. Buyers considering new construction can also explore Burnaby Presales & New Developments.If you are comparing other options, you can also explore Burnaby Houses, Burnaby Townhouses, Burnaby Duplexes, Burnaby Land, Burnaby Homes with Suites and Burnaby Photos.

Selling a Condo in Burnaby

Selling a condo in Burnaby starts with comparing it to genuinely similar units in the same building or competing buildings nearby. Floor level, orientation, views, size, parking, storage, renovations, amenities, strata fees, building condition and upcoming repairs can all influence value, so recent Burnaby Sold Condos are generally more useful than broad citywide averages when determining an asking price.Current Burnaby Condo Listings also show the competition a seller faces when bringing a property to market. Burnaby Condo Prices can differ significantly between Metrotown, Brentwood, Lougheed, Edmonds and SFU because building age, location, amenities, views and ownership structure vary. If you are considering selling, check our Buyer Requests to see what purchasers are currently seeking, request a Free Burnaby Condo Valuation based on comparable sales and current competition, and review our Selling Your Home guide for the preparation and marketing process.

Burnaby Condo Real Estate Statistics

Burnaby Condo Prices can differ substantially between the city’s major condo markets. Metrotown, Brentwood and Lougheed have large concentrations of newer high-rise towers and continuing development around SkyTrain, while Edmonds and Highgate combine newer projects with established strata buildings. North Burnaby areas such as Capitol Hill and Burnaby Heights generally have a different mix of older low- and mid-rise condos, and Burnaby Mountain adds another variable because many UniverCity condos are leasehold rather than conventional freehold strata properties. These differences mean citywide averages alone do not tell the full story when comparing Burnaby Condos for Sale.Use our Burnaby Market Statistics page to follow regularly updated condo HPI prices, median sale prices, inventory, new listings, sales and the sales-to-active-listings ratio. When assessing an individual property, also compare Burnaby Sold Condos from the same neighbourhood and, where possible, the same building or directly competing developments. A recent sale in a Brentwood high-rise may have limited relevance to an older Highgate condo or an SFU leasehold property even when the homes are similar in size.

Burnaby Condos Near BCIT

Burnaby Condo Listings near BCIT appeal to buyers who want convenient access to one of the city’s largest employment and education centres without necessarily living directly beside a SkyTrain station. BCIT’s main Burnaby campus is located at Willingdon Avenue and Canada Way, between the Brentwood and Metrotown areas, with bus connections linking the campus to surrounding neighbourhoods and rapid transit.Buyers comparing Burnaby Condos for Sale near BCIT should consider commute routes, transit frequency, nearby shopping and the amount of future development planned around central Burnaby. Burnaby’s current long-range planning identifies the Broadview area, which includes BCIT and Burnaby Hospital, as a major growth area associated with future rapid-transit planning, making surrounding development patterns worth watching when choosing a condo.

Metrotown vs Brentwood Condos

Metrotown and Brentwood are two of Burnaby’s largest condo markets, but they offer different settings. Metrotown is Burnaby’s downtown and largest town centre, with extensive shopping, two nearby SkyTrain stations, Central Park and a large mix of established and newer condo towers. Brentwood has undergone substantial newer high-rise and master-planned development around Brentwood and Gilmore stations.Buyers comparing Metrotown condos with Brentwood condos should look beyond price and consider building age, floor plans, future construction, views, amenities, transit access and the surrounding streetscape. The better choice depends on the individual building and the lifestyle the buyer prefers.

Burnaby Condos Near SkyTrain & Transit-Oriented Areas

Burnaby Condos for Sale near SkyTrain are concentrated around Metrotown, Brentwood, Lougheed and Edmonds, along with other stations on the Expo and Millennium lines. These locations offer convenient rapid-transit access, shopping and services, but buyers should also consider train noise, pedestrian access, nearby construction and future redevelopment when comparing Burnaby Condo Listings.Many properties around Burnaby SkyTrain stations also fall within designated Transit-Oriented Areas, where provincial housing legislation requires the City to permit greater residential density. In Burnaby, these areas generally extend up to 800 metres from SkyTrain stations, with permitted density increasing closer to the station. Being inside a Transit-Oriented Area does not mean an existing strata building will automatically be redeveloped, so buyers should distinguish between long-term redevelopment potential and an actual strata wind-up or development proposal. Buyers interested in new construction around these growth areas can also explore Burnaby Presales & New Developments.

SFU Leasehold Condos in Burnaby

Burnaby Condominiums for Sale include a distinct ownership category at UniverCity on Burnaby Mountain. SFU leasehold condos differ from most Burnaby condos because the underlying land remains owned by Simon Fraser University, with development sites provided to private developers through prepaid 99-year leasehold agreements.Buyers should review the specific lease, remaining term, lender requirements, strata documents and resale implications before purchasing. A leasehold condo can still be bought and sold like other strata properties, but the ownership structure should be understood before comparing its price directly with freehold Burnaby condos.

New Condos & Presales in Burnaby

Buyers comparing resale Burnaby Condos for Sale with new construction can review current projects on our Burnaby Presales & New Developments page. New housing continues to be concentrated around Metrotown, Brentwood, Lougheed, Edmonds and other transit-oriented locations, while established Burnaby condo buildings can offer different floor plans, amenities and ownership costs.Presale buyers should compare estimated completion dates, deposit schedules, developer history, disclosure statements, assignment provisions, GST and the risks of purchasing before a building is completed rather than comparing only the advertised price.

Burnaby Condos for Sale - BC Homes for Sale

Burnaby Condo Listings & Prices

Burnaby Condos for Sale range from established low- and mid-rise buildings to newer high-rise homes in Metrotown, Brentwood, Lougheed, Edmonds and Burnaby Mountain. Burnaby Condo Listings give buyers a wide choice of building ages, amenities, views and transit access, while Burnaby Condo Prices and Burnaby Sold Condos can vary substantially between neighbourhoods and even between buildings in the same area.

Burnaby Condominiums for Sale include freehold strata homes throughout the city as well as leasehold properties at UniverCity on Burnaby Mountain, where the underlying land is owned by Simon Fraser University. Burnaby’s four major town centres are Metrotown, Brentwood, Lougheed and Edmonds, concentrating much of the city’s higher-density housing and rapid-transit access. Buyers comparing Burnaby condos near SkyTrain should also review strata finances, building condition, parking and storage, future construction and ownership structure, while buyers interested in new construction can explore Burnaby Presales & New Developments.

Popular Burnaby Condo Neighbourhoods

Metrotown

Metrotown is Burnaby’s downtown and its largest concentration of high-density housing, shopping, services and rapid transit. Metrotown condos range from established concrete towers to newer high-rise developments near Metrotown and Patterson SkyTrain stations, with Metropolis at Metrotown, Central Park, Bonsor Recreation Complex and everyday services nearby. Burnaby 2050 identifies Metrotown as the city’s highest-density urban centre, making it one of the most important Burnaby condo markets.

Brentwood

Brentwood condos combine rapid transit with one of Burnaby’s largest concentrations of newer high-rise development. The area around Brentwood Town Centre and Gilmore stations includes established towers, newer master-planned communities, shopping, restaurants and services along the Lougheed corridor. Buyers comparing Brentwood condos should consider differences in building age, amenities, views and future construction because development continues throughout the town centre.

Lougheed & Sullivan Heights

Lougheed offers a mix of established and newer Burnaby condos around Lougheed Town Centre SkyTrain Station, with convenient connections toward New Westminster, Coquitlam, Port Moody and Vancouver. Newer master-planned development has added substantial high-rise housing, while Sullivan Heights and surrounding areas also contain older strata buildings that can provide different floor plans and price points. Lougheed is one of Burnaby’s four designated town centres.

Edmonds & Highgate

Edmonds and Highgate provide a broad selection of Burnaby condos ranging from established strata buildings to newer towers around Edmonds Station, Kingsway and Highgate Village. Buyers can find more residential surroundings than in parts of Metrotown or Brentwood while remaining close to SkyTrain, shopping, parks and Edmonds Community Centre. Edmonds is one of Burnaby’s four town centres and is planned for continued medium- and high-density housing.

Burnaby Mountain / SFU / UniverCity

SFU condos at UniverCity offer a very different Burnaby condo market, with a mountain setting, access to Simon Fraser University, local shops and extensive trails. An important distinction is ownership structure: SFU Community Trust develops UniverCity sites on prepaid 99-year leasehold agreements rather than conventional freehold land. Buyers considering SFU leasehold condos should therefore review the lease terms, remaining lease period, financing requirements and resale implications as part of their due diligence.

Burnaby Condos for Sale

Burnaby Condo Listings & Prices

Burnaby Condos for Sale - MLS® Listings

402 7138 Collier Street, Burnaby - Highgate

805 4888 Hazel Street, Burnaby - Forest Glen BS

116 4723 Dawson Street, Burnaby - Brentwood Park

3301 4880 Bennett Street, Burnaby - Metrotown

3006 2311 Beta Avenue, Burnaby - Brentwood Park

1003 6837 Station Hill Drive, Burnaby - South Slope

3301 2388 Madison Avenue, Burnaby - Brentwood Park

2807 7388 Kingsway, Burnaby - Edmonds BE

212 3921 Carrigan Court, Burnaby - Government Road

901 6595 Willingdon Avenue, Burnaby - Metrotown

601 4720 Lougheed Highway, Burnaby - Brentwood Park

502 6521 Bonsor Avenue, Burnaby - Metrotown

1701 4458 Beresford Street, Burnaby - Metrotown

2601 3809 Evergreen Place, Burnaby - Sullivan Heights

1102 5899 Wilson Avenue, Burnaby - Central Park BS

108 1655 Augusta Avenue, Burnaby - Simon Fraser Univer.

2211 7358 Edmonds Street, Burnaby - Edmonds BE

1105 7225 Acorn Avenue, Burnaby - Highgate

211 4728 Dawson Street, Burnaby - Brentwood Park

1206 2311 Beta Avenue, Burnaby - Brentwood Park

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