Burnaby, BC
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Get honest answers about buying or selling a home in Burnaby. Central Metro Vancouver with two SkyTrain lines, urban parks, and diverse housing options. Ask anything — completely free, no obligation.
Why use Agent For You in Burnaby?
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Central Metro Vancouver location
Burnaby sits at the heart of Metro Vancouver with two SkyTrain lines (Expo and Millennium) providing excellent connectivity. From Metrotown's urban core to Burnaby Mountain's scenic heights, it offers unmatched accessibility to jobs, schools, and amenities.
Parks and urban balance
Burnaby is home to some of Metro Vancouver's best parks — Burnaby Mountain, Deer Lake, and Central Park. Despite rapid urban development around SkyTrain stations, the city maintains a strong green character with trails, lakes, and mountain views.
Diverse housing options
From high-rise condos in Metrotown and Brentwood to family homes in Burnaby Heights and Capitol Hill, the city offers diverse housing at a range of price points. SkyTrain-adjacent developments continue to add modern living options.
Quick facts for Burnaby buyers
Key numbers to know before you start
Minimum down payment
5%
For homes under $500K. Between $500K–$1M, it's 5% on the first $500K and 10% on the rest. Over $1M requires 20%.
Mortgage insurance (CMHC)
2.8–4.0%
Required when your down payment is under 20%. Premium ranges from 2.8% (15% down) to 4.0% (5% down) of your mortgage amount.
Stress test rate
Rate + 2%
All buyers must qualify at their contract rate plus 2%, or the Bank of Canada benchmark — whichever is higher.
Max amortization
25–30 yrs
Standard maximum is 25 years. First-time buyers or new construction buyers may qualify for up to 30 years.
Property taxes
0.5–1.5%
Annual property tax in BC typically ranges from 0.5% to 1.5% of assessed value. The Home Owner Grant can reduce this.
Capital gains inclusion
50%
Only 50% of capital gains are taxable in Canada. Your principal residence is typically exempt entirely.
Featured listings in Burnaby
Browse current properties on the market
Popular areas in Greater Burnaby
Ask us about any neighbourhood — we can help you compare
Metrotown
Burnaby's urban core with high-rise condos, major shopping, and Expo Line SkyTrain access.
Brentwood
Rapidly developing area with new towers, shops, and Millennium Line SkyTrain. Modern urban living.
Burnaby Heights
Charming neighbourhood on the hill with local shops, cafés, and stunning mountain and inlet views.
Capitol Hill
Family-friendly area near parks and schools. Established homes with character and community feel.
Edmonds
Walkable neighbourhood near Edmonds SkyTrain. Mix of condos, townhomes, and established family homes.
Deer Lake
Scenic area surrounding Deer Lake Park. Quiet residential streets with easy access to nature and arts venues.
Lougheed
Growing transit hub at Lougheed Town Centre. New developments and convenient SkyTrain connections.
Highgate
South Burnaby neighbourhood with a mix of housing types. Close to Edmonds and Metrotown amenities.
Common questions about Burnaby real estate
Click any question to get an instant answer
What are the best neighbourhoods in Burnaby?
Metrotown, Brentwood, Burnaby Heights & more
How much down payment do I need in Burnaby?
5%, 10%, or 20% — it depends on the price
Is Metrotown a good area to buy a condo?
Urban living near SkyTrain stations
How do Burnaby prices compare to Vancouver?
Value comparison with Vancouver proper
What are closing costs in BC?
Property transfer tax, legal fees & more
Do I qualify for the First Time Home Buyers' Program?
Tax exemptions, FHSA & grants
Should I buy a condo or townhouse in Burnaby?
Compare property types & strata fees
How do I find a good agent in Burnaby?
What to look for in a realtor
Agents you can trust
We work with top-performing realtors across Greater Burnaby
Proven track record
Our partner agents maintain top performance metrics in Burnaby and Metro Vancouver with consistent results and exceptional client feedback across all regions of British Columbia.
Verified and vetted
Every agent is personally interviewed and monitored for ongoing performance. They carry years of experience in their specialized areas across Burnaby and the Lower Mainland.
No cost to you
Our service is completely free. Partner agents pay a referral fee only when a transaction successfully closes. You're never under any obligation — you're free to interview agents and decide if they're the right fit.
How it works
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