Burnaby Neighborhood Guide
Updated May 2026
Best for:
Families
Young Professionals
Investors
Avg. Listing Price
¤1,081,377
Active Listings
201
Burnaby is a vibrant suburb in Metro Vancouver, British Columbia, with 201 active listings and an average asking price of CAD $1,081,377 as of May 2026.
Burnaby’s character blends urban convenience with natural beauty, anchored by the SkyTrain Expo Line that links the neighbourhood directly to downtown Vancouver, the North Shore mountains, and the Pacific Ocean. The bustling Metrotown shopping district, the serene Burnaby Lake, and proximity to UBC and SFU give residents a mix of cultural, educational, and recreational opportunities that reflect the multicultural spirit of Metro Vancouver.
This area is best for Families, Young Professionals, and Investors. Families appreciate the well‑rated schools, parks, and community amenities, while Young Professionals benefit from the strong technology, film, and logistics sectors that dominate the local economy. Investors find attractive rental demand and potential for capital appreciation in a market that remains one of North America’s most expensive housing markets.
Pros of living and buying here
- Proximity to the SkyTrain Expo Line provides direct access to downtown Vancouver, the North Shore mountains, and the Pacific Ocean.
- Burnaby’s robust technology and film production sectors create abundant employment opportunities for residents.
- The neighbourhood offers a mix of high‑rise condos and family homes, catering to diverse housing preferences.
Cons or things to be aware of
- Peak‑hour traffic congestion on the I‑5 and SkyTrain can extend commute times to downtown Vancouver.
- Summer wildfire smoke can occasionally reduce air quality, impacting outdoor activities.
What buyers should know before purchasing in BC
- Many properties in Burnaby are governed by the BC Strata Property Act, so buyers should review strata fees, financial statements, and bylaws.
- The Property Transfer Tax (PTT) applies to all property purchases in British Columbia and is calculated on the purchase price.
- Buyers have a three‑business‑day Home Buyer Rescission Period to cancel the contract after signing the purchase agreement.
Burnaby’s character blends urban convenience with natural beauty, anchored by the SkyTrain Expo Line that links the neighbourhood directly to downtown Vancouver, the North Shore mountains, and the Pacific Ocean. The bustling Metrotown shopping district, the serene Burnaby Lake, and proximity to UBC and SFU give residents a mix of cultural, educational, and recreational opportunities that reflect the multicultural spirit of Metro Vancouver.
This area is best for Families, Young Professionals, and Investors. Families appreciate the well‑rated schools, parks, and community amenities, while Young Professionals benefit from the strong technology, film, and logistics sectors that dominate the local economy. Investors find attractive rental demand and potential for capital appreciation in a market that remains one of North America’s most expensive housing markets.
Pros of living and buying here
- Proximity to the SkyTrain Expo Line provides direct access to downtown Vancouver, the North Shore mountains, and the Pacific Ocean.
- Burnaby’s robust technology and film production sectors create abundant employment opportunities for residents.
- The neighbourhood offers a mix of high‑rise condos and family homes, catering to diverse housing preferences.
Cons or things to be aware of
- Peak‑hour traffic congestion on the I‑5 and SkyTrain can extend commute times to downtown Vancouver.
- Summer wildfire smoke can occasionally reduce air quality, impacting outdoor activities.
What buyers should know before purchasing in BC
- Many properties in Burnaby are governed by the BC Strata Property Act, so buyers should review strata fees, financial statements, and bylaws.
- The Property Transfer Tax (PTT) applies to all property purchases in British Columbia and is calculated on the purchase price.
- Buyers have a three‑business‑day Home Buyer Rescission Period to cancel the contract after signing the purchase agreement.