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102 Burnaby real estate articles · all BC
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The number of multi-unit developments on single-family lots is increasing in B.C. neighbourhoods dominated by single-detached houses. Opinions vary over what these changes will mean for communities.
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…
Comment: Housing market needs some jolts of innovation to end current malaise
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…
Secured and unsecured creditors owed a total of $38.9 million
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 …
A new report going before Metro Vancouver's mayors committee Friday offers a very mixed outlook on how the region is faring in terms of meeting its housing objectives
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 …
The money comes under a low-interest loan program the federal government set up to get apartments built
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…
No amount of incentives seems to be able to reverse the glut. How did we get here? And how bad could it get?
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…
Smaller size, land constraints, less overbuilding make region attractive, says expert.
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 Development acquired 5502 Lougheed Highway, currently occupied by REVS Bowling, in 2023
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…
For the first time since July 2021, average asking rents for all residential property types in Canada saw an annual drop in October.
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…
Columbia Square redevelopment that was approved this week is just one of many transit-oriented developments
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…
City staff say they must reduce requirements for non-market housing
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…
Many of Vancouver's most fancy condos are selling at discounts
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 $…
Major civic project funding on the line as Burnaby saw $175M shortfall in developer money last year
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…
The city has contributed more than $172 million to non-market housing in the form of 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…
Land near SkyTrain hubs is 'ideal' for increasing housing supply and a mix of housing types
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 these two Burnaby rental developments
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…
0.80 acres multi-family rental building sells for $28M located at 6540 Telford Street, Burnaby, B.C.
The Telford Avenue 35,022-square-foot lot has development potential of 6.15 FSR close to the Metrotown SkyTrain station.
1.8 acres development land in Burnaby sells for $145 Million
The 80,000-square-foot, two-lot assembly eyed for high-density mixed-use development
Goran Bucan broker and developer Keltic closes on $150M Burnaby land deal
The site: A 1.8-acre land assembly in Burnaby's Metrotown sold November 30 for more than $100 million. | Google Earth
405 units multi-family tower in Burnaby sells for $184.9 Million
Two multi-family towers with a total of 405 units will remain as co-operative housing
0.82 acres retail in Burnaby sells for $9.3 million
A&W drive-thru restaurant is on a 36,000-square-foot lot on Kingsway Avenue, Burnaby, B.C., with development potential.
Burnaby mega-development plans 5,000 homes, film studio
More than 5,000 homes, 17 towers, office space and a 450,000-square-foot film studio planned in First Nations-led development
Parkland to spend $600 million to upgrade Burnaby refinery
Two-plant refinery could generate 720 million litres of low-carbon gasoline and diesel fuel each year by 2026
41-suite three-storey apartment building located in 3940 Pender Street, Burnaby
Older real estate in Burnaby is seeing strong interest from buyers.
51-storey condo development located in Willingdon Avenue & Dawson Street, Burnaby
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.
Beedie says industrial land purchase most expensive in city history
Burnaby developer has closed on the 14.7-acre former gravel pit and expects to attract Metro Vancouver buyers to 144,000 square feet of strata space
Anthem, Kingsett acquire 8.34 acre mixed-use site in Brentwood
Burnaby devel0pment includes 2,100 condos, 240 rentals and 60,000 square feet of commercial space at Brentwood
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Building List Count by City
- Abbotsford - 447
- Agassiz - 28
- Burnaby - 55
- Burnaby East - 77
- Burnaby North - 365
- Burnaby South - 343
- Campbell River - 1
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- Cloverdale - 193
- Comox Valley - 10
- Coquitlam - 563
- Delta - 10
- Duncan - 41
- Esquimalt - 59
- Gulf Islands - 6
- Harrison Hot Springs - 13
- Harrison Mills - 1
- Hope - 22
- Ladner - 109
- Langford - 156
- Langley - 529
- Maple Ridge - 312
- Mill Bay - 2
- Mission - 65
- New Westminster - 444
- North Delta - 28
- North Island - 2
- North Saanich - 8
- North Surrey - 409
- North Vancouver - 747
- Oak Bay - 44
- Osoyoos - 1
- Parksville / Qualicum - 7
- Penticton - 8
- Pitt Meadows - 75
- Port Alberni - 2
- Port Coquitlam - 266
- Port Moody - 267
- Richmond - 1162
- Saanich East - 232
- Saanich West - 92
- Sardis - 153
- Sidney - 152
- Sooke - 39
- South Surrey White Rock - 713
- Surrey - 662
- Tsawwassen - 97
- Vancouver East - 998
- Vancouver West - 2482
- Victoria - 665
- View Royal - 46
- West Vancouver - 230
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