Is Burnaby Right For You?
Who Buys in Burnaby — and Why.
Burnaby tends to attract buyers who want Vancouver access without Vancouver's Westside prices. First-time buyers gravitate to Metrotown and Brentwood condos near SkyTrain; families look to Burnaby Heights and the North for character homes and schools; upgraders and view-seekers target South Slope; and investors track the transit corridors where densification is actively reshaping value.
The thing most newcomers underestimate: Burnaby is not one market. A condo three SkyTrain stops apart can differ by hundreds of thousands of dollars, and a detached home's value often turns on its lot and zoning as much as the house itself. That's why neighbourhood-level knowledge matters more here than almost anywhere in the region.
Burnaby Market Snapshot
What Burnaby Homes Cost Right Now.
Benchmark prices by zone · Greater Vancouver REALTORS®, May 2026 · Updated monthly
Burnaby North
Detached
$1,885,100 ▼ 8.2% YoY
Townhouse
$915,200 ▼ 1.5% YoY
Condo
$689,200 ▼ 6.5% YoY
Most active zone — Brentwood Park & the SkyTrain corridor. Townhouses are the steadiest segment in the city.
Burnaby South
Detached
$2,008,100 ▼ 9.7% YoY
Townhouse
$974,000 ▼ 5.8% YoY
Condo
$743,900 ▼ 7.5% YoY
The city's premium detached market — the only zone above $2M. Metrotown & Forest Glen drive condo activity.
Burnaby East
Detached
$1,748,300 ▼ 5.5% YoY
Townhouse
$845,900 ▼ 8.1% YoY
Condo
$723,400 ▼ 8.7% YoY
The most accessible detached entry point in the city — and the fastest condo turnover at 27 days.
Source: Greater Vancouver REALTORS® Stats Package (Burnaby North, East & South), May 2026. Benchmark prices reflect a typical property in each segment, not list or sale prices for any specific home.
Burnaby Neighbourhoods
Six Burnaby Communities, Six Different Lifestyles.
A quick orientation to where people actually live — what each area is known for, who it suits, and the rough price of entry.
Prestige · Views
South Slope
Burnaby's most sought-after detached pocket. Fraser River views, large lots, and Deer Lake Park nearby. Suits upgraders and Westside relocators who want space and outlook.
Detached entry: ~$1.8M–$2.6M
Transit · New Build
Brentwood
Reshaped by The Amazing Brentwood — retail, towers, and a younger professional crowd. Condos and townhomes near Brentwood Town Centre SkyTrain move quickly. Strong first-buyer and investor appeal.
Condo entry: ~$700K–$950K
Walkable · Central
Metrotown
The densest, most transit-connected part of Burnaby. Top-tier walkability, SkyTrain, and Metropolis at your door. The natural landing spot for first-time condo buyers and investors.
Condo entry: ~$650K–$880K
Family · Character
Burnaby Heights
Character homes, a walkable Hastings Street high street, and a real community feel. Draws young families and buyers who want neighbourhood identity. Older homes often carry renovation upside.
Detached entry: ~$1.4M–$1.9M
University · Elevated
Burnaby Mountain / SFU
A genuine university-town feel via the UniverCity community. Townhomes and condos suit faculty, professionals, and anyone who values trail access and an elevated setting. New inventory keeps arriving.
Townhouse entry: ~$950K–$1.3M
Value · Emerging
Edmonds & East Burnaby
One of Burnaby's most affordable detached markets and very active for buyers priced out of the South or North. Densification along the Edmonds corridor keeps investor interest high.
Detached entry: ~$1.3M–$1.65M
Why Juliana for Burnaby
Burnaby Isn't a Market She Visits. It's Home Base.
RE/MAX Heights Realty is based at 4370 Dominion Street in Burnaby. For buyers, that means a REALTOR® who reads the differences between a Brentwood tower and a Metrotown tower, knows which South Slope streets hold value, and can tell you when a listed price reflects the lot rather than the house.
Whether you're buying your first Metrotown condo or a detached home in the North, the goal is the same: the right property, at the right price, with no costly surprises during your subject period.
Start Your Burnaby Home SearchRE/MAX Heights Realty · 4370 Dominion Street, Suite 400, Burnaby, BC V5G 4L7 · 778-822-8000
Burnaby Buyers Ask
Common Questions About Buying in Burnaby.
Which Burnaby neighbourhood is best for first-time buyers?
Metrotown and Brentwood are the usual starting points. Both offer condos near SkyTrain in the $650K–$950K range, strong walkability, and quick access to downtown Vancouver. Brentwood skews newer (driven by The Amazing Brentwood development); Metrotown offers more selection and the region's best transit connectivity. The right choice depends on whether you prioritize newer construction or maximum walkability and price selection.
How much does a home cost in Burnaby?
As of May 2026, benchmark detached prices range from about $1.75M in Burnaby East to just over $2M in Burnaby South. Townhouses sit broadly in the $845K–$975K range, and condos run roughly $689K–$744K depending on the zone. Burnaby North is the most active area across all property types. These are benchmark figures from Greater Vancouver REALTORS® and reflect a typical property in each segment.
Is Burnaby a good place to buy a condo?
For many buyers, yes. Burnaby condos offer SkyTrain access, walkable town centres, and entry prices below comparable Vancouver units. The key is that value varies sharply within a single building — floor level, view, and parking can move price significantly — so comparing the specific unit, not just the building, is essential. Brentwood and Metrotown remain the most liquid condo markets.
What should I check before buying a strata in Burnaby?
Review the strata's Form B information certificate, the depreciation report, recent meeting minutes, the bylaws, and the contingency reserve fund balance during your subject period. These documents reveal upcoming special levies, building issues, rental or pet restrictions, and the financial health of the strata. Reading them properly before removing subjects is how you avoid expensive surprises after closing.
How close is Burnaby to downtown Vancouver?
Central Burnaby is roughly 20–30 minutes from downtown Vancouver by SkyTrain, depending on the station. Metrotown, Brentwood, and Edmonds all sit directly on rapid-transit lines, which is a large part of why those areas command steady buyer demand. For commuters, proximity to a SkyTrain station is often the single biggest driver of both lifestyle and resale value.
Buying in Burnaby
Let's Find the Right Burnaby Home for You.
Whether you're starting your search or just trying to understand the market, a quick conversation with a Burnaby-based REALTOR® will save you time and missteps. No pressure — just honest local guidance.
Book a Buyer Consultation Selling in Burnaby Instead?Call or text Juliana directly · 778-822-8000
Juliana Vallée, REALTOR® · RE/MAX Heights Realty · Burnaby, BC
