Metrotown to North Burnaby — complete market overview, PTT calculator and neighbourhood guide
Burnaby is Metro Vancouver's second city — home to Simon Fraser University, Metrotown, and BCIT. With three SkyTrain lines running through it (Expo, Millennium, and planned extensions), Burnaby offers Vancouver-adjacent convenience at slightly lower prices. Condos are concentrated around Metrotown, Brentwood, and Lougheed; detached homes are predominantly in North Burnaby and East Burnaby. In 2025, Burnaby's pre-sale condo market at Brentwood and Metrotown continues to dominate new supply.
2025 Burnaby Market Overview
Property Type
Price Range (2025)
Notes
Metrotown condos
$650,000–$1.1M
Dense SkyTrain hub, strong rental demand
Brentwood condos (new tower)
$700,000–$1.2M
Luxury amenities, tallest towers in Metro Van
North Burnaby detached
$1.4M–$2.2M
Family homes, near SFU, quieter
East Burnaby detached
$1.2M–$1.8M
Good schools, more affordable entry
Burnaby Mountain / SFU area condos
$500,000–$850,000
SFU student and faculty market
Best Burnaby Neighbourhoods
Metrotown: Burnaby's commercial heart. Enormous condo towers, Metropolis at Metrotown mall, and excellent SkyTrain connections. Best for investors and transit-dependent buyers.
Brentwood: Rapidly transforming area with some of Canada's tallest residential towers under construction. The emerging new urban core of Burnaby.
North Burnaby: Established family neighbourhood with a quieter suburban feel. Near SFU and Hastings Park. Excellent schools.
BCIT/Deer Lake: Transitional area with affordability and character homes. Improving rapidly with new developments.
Lougheed/Burquitlam: Eastern Burnaby with condo developments along Lougheed Highway and new Burquitlam SkyTrain station. Growing rapidly.
BC PTT Calculator — Burnaby
Property Transfer Tax Calculator
Enter your Burnaby purchase price to calculate BC PTT
Burnaby Buyer Tips
Metrotown condo PTT: Many Metrotown condos in the $700K–$1M range trigger the full 2% PTT tier. A $900K condo has a PTT bill of approximately $13,000. Budget this as a closing cost.
Brentwood pre-sales: Pre-sale condos at Brentwood's new towers have long completion timelines (2–4 years). Mortgage rate-lock options vary significantly by lender — confirm your rate hold strategy well in advance of completion.
Burnaby school catchments: Burnaby School District #41 is highly regarded. Proximity to Moscrop, Burnaby North, or Cariboo Hill secondary school catchments can add a significant premium to detached home prices.
Foreign Buyer Tax applies: Burnaby is within the Metro Vancouver Regional District, so BC's 20% Additional PTT applies to foreign buyers on top of standard PTT rates.
Smart Banking for Burnaby Buyers
KOHO offers no monthly fees, up to 5% cash back, and competitive savings — ideal for Burnaby condo buyers managing closing costs and strata fees.