Burnaby Real Estate

Refine your Burnaby real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in Burnaby.

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Home Prices in Burnaby

The asking price of homes for sale in Burnaby has decreased -6.11% since May last year, while the number of homes for sale has decreased -37.46%. See more Burnaby Home Prices & Values.

House
Median Asking Price
$1.8M
294 Houses
Townhouse
Median Asking Price
$900K
185 Townhouses
Condo
Median Asking Price
$650K
607 Condos

Find Real Estate & MLS® Listings in Burnaby

Zolo has the most thorough, up-to-date set of Burnaby real estate listings. At the moment, Burnaby has 177 homes for sale, including 294 houses, 607 condos, and 185 townhouses listed for sale. The average sold price for all home types in Burnaby is $884K, which is -3% lower than May 2019. See our Burnaby housing market stats for a more detailed analysis on average home prices, housing inventory, and days on market.

Burnaby is home to 34 unique neighbourhoods. With Zolo you'll be able to find the most popular Burnaby neighbourhoods, the top schools in the city, and evaluate nearby amenities. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

MLS® Listing data for Burnaby is updated every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Burnaby real estate agents to get started on landing your dream home today.

Burnaby City Guide

223K
Population
10.1%
Population Growth
7%
Unemployment

Burnaby is immediately east of Metro Vancouver and is the third-largest city in British Columbia. It was first incorporated in 1892 but didn’t achieve city status in Canada until 100 years later. In the first 40 years after it was initially incorporated, Burnaby served as the rural agricultural area for both Vancouver and neighbouring New Westminster. Later it took on more importance as an important transportation corridor between the Coast and the Fraser Valley. As a result, Burnaby has lost its rural use and feel and is now a very urban city in southern B.C.

Elevation in this city is quite varied, given that it’s only 99 square kilometres in size. Parts of Burnaby are at sea level while other parts, such as Burnaby Mountain, rise up 370 metres (1,200 feet). Due to this elevation, Burnaby experiences a bit more snowfall during winter months than surrounding cities.

Employment in the city comes from a variety of industrial and commercial firms that make this city their headquarters. This includes major technology firms Electronic Arts and Creo as well as Ballard Power Systems and Telus. Heavy industry firms include Chevron and Petro-Canada.

Surprisingly, the city’s ratio of park land to residents is one of the highest in North America. This is partly because the city keeps and maintains some agricultural land along the Fraser foreshore flats.

While Burnaby occupies only 4% of the land area in the Greater Vancouver Area, it accounts for 10% of this region’s population. And it’s growing. Census Canada reports the city’s population is now more than 225,000. The median age for a Burnaby resident is 39.8, just slightly younger than the B.C. median age of 41.9 years-old.

However, what really put Burnaby on the international stage, so to speak, was Michael Buble. The famous Canadian crooner grew up in the city. For those from a slightly different generation, Michael J. Fox was the icon. This iconic Canadian actor also grew up on on the city shores.

Neighbourhoods

There are 11 recognized neighbourhoods in Burnaby. In the south end is the defacto city centre, Metrotown. While not the official city centre—which is City Hall—it’s considered the centre by most, as just about everyone ends up here. The neighbourhood is home to the biggest shopping complex in the municipality and average home prices are just short of $700,000.

The most expensive community is Montecito, just north of the Lougheed Highway in the North Burnaby East area. Property sells for an average price of $1.8 million. Keep in mind, this is an average price and not all property in the area is priced this high. For instance, the older townhomes don’t sell for near that price, while the large family homes on a very large, long lots can sell for quite a bit more. Other pricey neighbourhoods are Parkcrest, to the west, and Garden Village which is just north of Metrotown. An average property in these communities sells for about $1.7 million.

Forest Hills and Central are two neighbourhoods in Burnaby North where property sells, on average, for about $600,000 to $800,000. You can expect to buy family homes, most of which were built in the last few decades.

For more options, talk to your local Burnaby Realtor, or spend a weekend checking out open houses in Burnaby. To help narrow down your must-see list, check out which communities rank on the hot-list. This list ranks all the communities in Burnaby-based on the number of listings that are available, the average sales price and how long homes for sale in Burnaby stay on the market.

Neighbourhood
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1Upper Deer Lake 100% 0% $1.7M 15
2Parkcrest 75% 25% $1.4M 17
3The Crest 75% 25% $932K 8
4Forest Hills Bn 67% 44% $635K 6
5Suncrest 57% 57% $1.7M 8

Nearby Cities

Many buyers opt to purchase in a nearby city and commute to work. These buyers want larger homes for sale and lots but with good commuter access to Burnaby’s downtown core. Good options include New Westminster, Port Moody and Surrey. Look for neighbourhoods that are closer to the highway or commuter train stations, such as Port Moody Centre or Whalley. Even cities that require a bit longer of a commute, such as Richmond, Coquitlam and Langley are good options as they offer more affordable detached homes.

 

City
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1White Rock 307%9%$729K301
2Maple Ridge 302%13%$731K663
3Bowen Island 57%0%$1.4M32
4North Vancouver 45%19%$1.1M759
5Vancouver 42%28%$1.3M3155

Demographics

Before committing to live in a city look at its demographics. Collected by Census Canada, this information lets you compare your age, income and background with those already living in the city. This can help you determine if Burnaby is the right city for you and your family.

 

37%
Rent
63%
Own
$966
Monthly Rent (Median)
$1,030
Monthly Mortgage (Median)
56,900
Total Families
$56,136
Family Income (Median)
40
Age (Median)
61%
College Educated

Schools

If you decide that Burnaby is the right city to set down your roots, you may want to consider what schools are nearby. To help you narrow down your Burnaby housing market search, here’s the list of the top five Burnaby schools in each category.

Elementary Schools

9.8 Holy Cross
9.5 St Michaels
9.4 John Knox Christian
9.2 Our Lady Of Mercy
8.8 St Helen's

Secondary Schools

6.7 Burnaby Mountain
6.5 Moscrop
6.5 Burnaby North
6.4 Carver Christian
5.9 Burnaby Central

Commuters

Burnaby is a very commuter-friendly city. Public transit includes buses as well as SkyTrain, the light-rail above-ground trains that connect the city to downtown Vancouver. If you’d rather bike, there are plenty of bike trails and more and more bike-only street routes. If you’re relying on a car remember that traffic from neighbouring communities, such as Coquitlam and Port Moody, may also rely on highways and major streets to get to and from downtown Vancouver.

To get a better idea of how city residents commute, consider the data collected by Statistics Canada.

66%
Drive
29%
Transit
1%
Bike
4%
Walk

Local Scoop

Even in a city with plenty of employment, everybody likes to do a few free things and this city doesn’t disappoint. Locals like to check out the city’s museums, which includes a behind-the-scenes look at a 1912-built home at the Burnaby Village Museum. The museum also gives visitors a chance to check out a newly restored Interurban #1223 tram—the passenger and shipping trolleys that were used up until 1958.

For those interested in learning about the city’s agricultural past, take the self-guided Big Bend Tour. Going at your own pace you can visit up to 10 of the 43 farms that are still in operation in Burnaby. These farms grow everything from cranberries to zucchini—and you can end your tour at the country-to-city store for some fresh goodies to take home.

The kids (both big and small) will be delighted with Burnaby’s Central Railway. The classic model steam train lets you sightsee the city’s biggest park, in style. Just keep in mind the train only operates on weekends and during the summer months.

Music lovers will love the city’s Blues + Roots Festival or check out the annual free outdoor concert performed by the Vancouver Symphony Orchestra at Burnaby’s Deer Lake Park in early July.

Outdoor enthusiasts will love Burnaby’s central location. The city is less than two hours away from world-class skiing and snowboarding in Whistler. Just across on bridge, on the North Shore, are excellent hiking and mountain-biking trails. Plus, there’s a tonne to do in your own backyard. There are two public golf courses in the city, both of which offer the same luxuries and amenities as the private courses. There’s also a variety of parks to explore. Enjoy the Tancho Cranes and other eco-sculptures located in the Burnaby Mountain Conservation Area. Or try and wrap your arms around the immense Douglas Firs, Western Hemlock, Cedars and Poplars that dominate the 86.4 hectares of urban Central Park.

The kids may be interested in the city’s Festival of Learning. A week-long event in early May, this celebration of learning is packed with free events. The aim of each event is to inform, engage, entertain and spark creative dialogue.

FAQs About Burnaby Real Estate

According to current Burnaby MLS© statistics, the average home listing price in Burnaby, BC is $1,158,000. Based on Burnaby housing inventory, the average home is listed on the market for 38 days and has a 96.6% selling to listing price ratio.

Based on current Burnaby MLS© data, the average detached house in Burnaby, BC has a listing price of $2,021,000. In Burnaby, detached houses are on the market for 31 days on average.

According to current Burnaby MLS© data, the average condo in Burnaby, BC has a listing price of $701,000. In Burnaby, the average price for a 2-bedroom condo is $727,000 and the average price for a 1-bedroom condo is $507,000.

In Burnaby, BC, the most expensive neighbourhoods to buy a home include Burnaby Hospital, Suncrest, Garden Village and Upper Deer Lake. Burnaby Hospital is the most expensive neighbourhood in Burnaby with an average home price of $1,822,000.

The cheapest neighbourhoods to buy a home in Burnaby include Deer Lake, Cariboo, Sullivan Heights and Government Road. Deer Lake is the most affordable neighbourhood in Burnaby with an average home price of $4,563,000.

The closest cities to Burnaby, BC include New Westminster, Port Moody, North Vancouver and Anmore. Out of the nearby Burnaby cities, Anmore has the highest average home price of $2,978,000 and New Westminster has the most affordable average home price of $801,000.

The average townhouse in Burnaby has an average listing price of $1,243,000, which represents a 15.1% change in price from last year. There are currently 191 townhouses for sale in Burnaby, BC.

According to Statistics Canada Census data, the median total household income in Burnaby is $56,136 per year, which is below the national median income of $67,000 per year.

In Burnaby, BC, fewer people rent their homes than own at 36.5% rent versus 63.5% own. The median monthly rent price is $2,600 per month versus the median monthly mortgage of $10,900 per month.

burnaby
The listing data is provided under copyright by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver. The listing data is deemed reliable but is not guaranteed accurate by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board, Real Estate Board of Greater Vancouver, nor Zolo.