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 Prices & Market 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.

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.

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 in Transit-Oriented Areas

Burnaby condos in Transit-Oriented Areas are located in parts of the city where provincial housing legislation requires minimum development capacity around major transit hubs. In Burnaby, Transit-Oriented Areas extend up to 800 metres from SkyTrain stations and 400 metres from prescribed bus exchanges, with minimum permitted height and density varying according to distance from the transit hub.Being within a Transit-Oriented Area does not mean an existing condo building will automatically be redeveloped. For a strata corporation to voluntarily wind up in BC, at least 80% of all owners must approve the termination resolution, and strata corporations with five or more lots also require BC Supreme Court confirmation. Buyers of older Burnaby condos near SkyTrain should therefore distinguish between potential land value and an actual approved redevelopment.

Burnaby Condos for Sale - BC Homes for Sale

Q: Burnaby Condos Near SkyTrain

Burnaby Condos for Sale near SkyTrain are concentrated around major centres including Metrotown, Brentwood, Lougheed and Edmonds, as well as other stations along the Expo and Millennium lines. Proximity to rapid transit can improve commuting convenience and access to shopping and services, but buyers should also consider train noise, nearby construction, pedestrian routes and how close the individual building actually is to the station.Burnaby Condo Listings near SkyTrain can vary greatly in age and style, from established strata buildings to new high-rise towers and presales. Comparing the building itself remains just as important as comparing the station location. Burnaby’s four town centres are all built around strong transit connections and higher-density housing.

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

405 9880 Manchester Drive, Burnaby - Cariboo

202 5288 Grimmer Street, Burnaby - Metrotown

2201 4189 Halifax Street, Burnaby - Brentwood Park

1005 4888 Hazel Street, Burnaby - Forest Glen BS

4411 2108 Gilmore Avenue, Burnaby - Brentwood Park

1103 5883 Barker Avenue, Burnaby - Metrotown

3807 4168 Lougheed Highway, Burnaby - Brentwood Park

217 7377 Salisbury Avenue, Burnaby - Highgate

306 5000 Imperial Street, Burnaby - Metrotown

2604 6537 Telford Avenue, Burnaby - Metrotown

1206 8850 University Crescent, Burnaby - Simon Fraser Univer.

307 5340 Hastings Street, Burnaby - Capitol Hill BN

1906 4808 Hazel Street, Burnaby - Forest Glen BS

303 4799 Brentwood Drive, Burnaby - Brentwood Park

2009 4189 Halifax Street, Burnaby - Brentwood Park

225 9101 Horne Street, Burnaby - Government Road

906 2020 Bellwood Avenue, Burnaby - Brentwood Park

4802 4880 Lougheed Highway, Burnaby - Brentwood Park

1503 6088 Willingdon Avenue, Burnaby - Metrotown

2205 9603 Manchester Drive, Burnaby - Cariboo

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