Invest in Burnaby

Condo Median List Price Per SQFT $826/SQFT
FROM PURCHASE TO PROFIT

Available Projects In Burnaby

About Burnaby

  • Burnaby is a city in the Lower Mainland region of British Columbia, Canada, and a member municipality of the Metro Vancouver Regional District. The city is served by Skytrain's Expo Line and Millennium Line. Metrotown Station in downtown Metrotown is the second-busiest station in regional Vancouver's urban transit system as of 2018. According to the 2016 Census, Statistics Canada reported that Burnaby had a population of 232,755, a 4.3 percent change from the 2011 census. :
  • :
  • Median Price 1 bedroom or fewer apartment: $578,000
  • Median rental rate 1 bedroom apartment: $1,262

Highlights

  • the third-largest city in British Columbia
  • while Burnaby occupies just over 3% of the land area of Metro Vancouver, it accounts for approximately 10% of the region’s population

Why Invest in Burnaby

There are 51 new home developments in Burnaby, a mix of high-rise and low-rise that are planned, under construction, or recently completed. Of these, 46 are condo developments, with 4474 units currently under construction. There are 5 townhouse developments in Burnaby, and the median price per square foot for a low-rise home is $806.

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Burnaby By Numbers

Rental Rate Increase % 2016 2020
Median Price 1 bedroom Increase % 2016 2020

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