Burnaby BC Real Estate 2025 — Buying Guide

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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 TypePrice Range (2025)Notes
Metrotown condos$650,000–$1.1MDense SkyTrain hub, strong rental demand
Brentwood condos (new tower)$700,000–$1.2MLuxury amenities, tallest towers in Metro Van
North Burnaby detached$1.4M–$2.2MFamily homes, near SFU, quieter
East Burnaby detached$1.2M–$1.8MGood schools, more affordable entry
Burnaby Mountain / SFU area condos$500,000–$850,000SFU student and faculty market

Best Burnaby Neighbourhoods

BC PTT Calculator — Burnaby

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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.

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