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104 Burnaby real estate articles · all BC
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Here are the cheapest neighbourhoods to rent in Metro Vancouver this October
Rent costs haven't surged upwards this October, but the region remains Canada's priciest market. The average cost to rent a newly listed, unfurnished one-bedroom in Metro Vancouver is $2,083 in October, down just $2 from $2,085 in September, according to the l…
Vancouver opens the door to convertible balconies
Having a balcony is nice for people who want to enjoy some fresh air without leaving home. But what about balconies that could be closed off to shield residents from Vancouver’s rain and wind, and reduce the noise from the streets below? A number of companies …
'Monstrosities' or the evolution of housing? Multi-unit buildings on single-family lots gain traction in B.C. cities
Byron Cook has lived in the same house in North Burnaby for more than four decades. He loves his neighbourhood and knows it like the back of his hand. Lately, he's dismayed at the new buildings going up. He calls them "monstrosities," a wave of three- and four…
Michael Geller: How B.C. real estate is shaping up for the year ahead
During the past year, I was often asked what I thought would happen to Vancouver's housing market. My response was simple. There is no Vancouver housing market. There is a downtown highrise market which differs from the Fraser Valley townhouse market. Similarl…
Flash sale fails to save Surrey’s Belvedere condo tower from financial woes
Despite the much-publicized "Condo Day" flash sale held earlier this year, the Belvedere project in Surrey by Square Nine Developments Inc. is now under creditor protection, according to B.C. Supreme Court filings obtained by Western Investor. Located at 9675 …
'Affordability gaps' mark Metro Vancouver's volatile housing market, says new report for mayors
A new Metro Vancouver report offers a mixed outlook — from hopeful to bleak — on how the region is faring in its housing objectives. While construction of purpose-built rentals is at an "historic high," most units are being rented out at market or …
Ottawa lends $763 million to build 1,300 rental units at Burnaby housing project
A $763 million low-interest loan from the federal government will finance construction of two large rental towers and make the development of three city blocks in Burnaby more viable, the developer says. Construction on the first phase of Grosvenor's Brentwood…
Metro Vancouver's glut of empty condos: What's unsold and why?
Investors have fled the Metro Vancouver new condo market, leaving piles of empty and unsold units. And those looking to buy a home to live in aren't interested in these newer condos, either because they're too pricey (estimates suggest the bulk of the empty in…
Industrial supply shortage looms in Metro Vancouver despite higher vacancy
Metro Vancouver's persistently tight industrial real estate market is being humbled by rising vacancy, but don't expect it to last very long. The region's industrial vacancy rose in the second quarter of 2025 to its highest level since 2015, but it's still rel…
Keltic Unveils 3-Tower Proposal For REVS Bowling Redevelopment In Burnaby
ust under two years after making the high-profile acquisition, Vancouver-based real estate developer Keltic Development has unveiled its redevelopment plans for the REVS Bowling site in Burnaby. The 4.3-acre site is located at 5502 Lougheed Highway, steps away…
Average rent in Canada drops for first time since 2021
According to the latest report from Rentals.ca and Urbanation , rents dropped 1.2 per cent compared to October 2023, bringing the average monthly rent to $2,152. This decline is primarily driven by decreases in larger cities, particularly in British Columbia a…
Transit-Oriented Developments Set To Usher In A New New Westminster
Did you know New Westminster is British Columbia's oldest city? New West was an early pioneer settlement with a history that dates back 10,000 years , it was incorporated in 1859, and it was the first capital city of British Columbia until Victoria took over t…
Burnaby slashes 'sacrosanct' affordable rental requirements in new developments
Burnaby has made sweeping changes to its oft-touted affordable rental policy to keep developers building in the city. Once called "sacrosanct," the policy originally required developers to build 20% of a development as below-market rental units to be rented at…
Vancouver’s high-end condos hit by China’s downturn
At the similarly over-the-top Hotel Georgia, 14 units are listed. The 48th-floor penthouse was once put on sale at $35.8 million, now it's going for $20.8 million . In the neo-futurist Vancouver House, where Hutchinson says even storage lockers have sold for $…
Burnaby saw $175M Les in Revenues from Developers for CAC’s
The City of Burnaby took in $175 million less than expected in developer money last year – and that spells trouble for the future of the city's major community amenity projects. Burnaby expected to pocket almost $237.2 million from developers in 2023, bu…
These are the non-market rental housing projects developed on Burnaby-owned land
The City of Burnaby has a total of 1,040 non-market housing units, including rentals and co-ops, just built or in development on its land, according to a new city report, and there's more on the way. The city lands program for non-market housing, which was ado…
B.C. rejects Burnaby petition for exemption to new transit-oriented development rules
The provincial government is unmoved by a petition by homeowners in Burnaby's Brentwood Park for an exemption from new legislation that could see up to 12-storey apartments built in their neighbourhood. The "Save Brentwood Park" coalition successfully petition…
City Of Burnaby Introduces ProposedRates For Updated DCCs, New ACCs
In November, the Province of British Columbia announced that it would introduce a new development financing tool that would streamline the development timelines that often hold cities back from building housing faster. That new tool, introduced via Bill 46, th…
Soaring costs mean extra $105M needed for Steller at 7388 Southwynde Ave. and the Connection at 7730 Sixth St.
Skyrocketing construction costs mean two below-market rental developments in Burnaby have come in double their expected budget. The projects developed by Metro Vancouver Housing Corp., the regional government's housing authority, have come in a combined $105.5…
Investment firm McCredie set to acquire Sutton Group in Metro Vancouver real estate shake-up
Sutton Group, headquartered in Burnaby, has 200 offices across Canada supporting roughly 6,000 agents delivering an annual sales volume of more than $35 billion. It's now under the leadership of real estate entrepreneur Ross McCredie, principal of McCredie Inv…
Burnaby 44-door rental apartment building site sells for $28 million #LesTwarog
The Telford Avenue 35,022-square-foot lot has development potential of 6.15 FSR close to the Metrotown SkyTrain station.
Burnaby Metrotown 1.8-acre land assembly sells for $145 million #LesTwarog
The 80,000-square-foot, two-lot assembly eyed for high-density mixed-use development
Keltic closes on multimillion-dollar Burnaby land deal #LesTwarog
The site: A 1.8-acre land assembly in Burnaby's Metrotown sold November 30 for more than $100 million. | Google Earth
City of Burnaby, BC Housing buy two co-ops for $184.9 million #LesTwarog
Two multi-family towers with a total of 405 units will remain as co-operative housing
Burnaby single-tenant drive-thru sells for $9.3 million #Les Twarog
A&W drive-thru restaurant is on a 36,000-square-foot lot on Kingsway Avenue, Burnaby, B.C., with development potential.
Burnaby approves 40-acre Willingdon Lands project #LesTwarog
More than 5,000 homes, 17 towers, office space and a 450,000-square-foot film studio planned in First Nations-led development
B.C. funds giant bio-diesel project at Burnaby refinery #LesTwarog
Two-plant refinery could generate 720 million litres of low-carbon gasoline and diesel fuel each year by 2026
50-year-old Burnaby apartment snapped up after owner slashes price by $1.25M #LesTwarog
Older real estate in Burnaby is seeing strong interest from buyers.
Huge Burnaby condo development sold by troubled China Aoyuan for $215M #LesTwarog
Company was facing a cash crunch due to a debt crackdown, leading to a rare sale of a project so far into the city approval process.
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- Oak Bay - 44
- Osoyoos - 1
- Parksville / Qualicum - 7
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- Pitt Meadows - 75
- Port Alberni - 2
- Port Coquitlam - 268
- Port Moody - 269
- Richmond - 1162
- Saanich East - 232
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- Sardis - 155
- Sidney - 152
- Sooke - 39
- South Surrey White Rock - 719
- Surrey - 669
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- Vancouver East - 1005
- Vancouver West - 2495
- Victoria - 666
- View Royal - 46
- West Vancouver - 231
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