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Core Commercial Hub · High-Rise Condos

Metrotown

Metrotown is Burnaby's core commercial and residential area, developed around Metropolis at Metrotown and the SkyTrain station. High-rise condos are dense, amenities are convenient — popular with first-time buyers and investors.

Schools

Maywood Community Elementary, Burnaby South Secondary

Transit

Metrotown SkyTrain (Expo Line), multiple bus routes

Shopping

Metropolis at Metrotown, Crystal Mall, Station Square

Property Types

Primarily high-rise condos, some townhouses

Mortgage tip: For Metrotown high-rise condos, lenders focus on strata fees, reserve fund status, and rental ratios. Older buildings may require additional documents. Obtain complete strata documents before removing subjects and review them with your mortgage broker.
Rapid Redevelopment · SkyTrain

Brentwood

Brentwood is in north Burnaby and has developed rapidly in recent years, with new high-rise condos and commercial facilities. Close to Brentwood SkyTrain station and Highway 1, with convenient transit — suitable for commuters and buyers who value new builds.

Schools

Brentwood Park Elementary, Alpha Secondary

Transit

Brentwood SkyTrain (Millennium Line), Highway 1

Shopping

Brentwood Town Centre, The Amazing Brentwood

Property Types

High-rise condos, townhouses

Mortgage tip: Brentwood has many new pre-sale developments. When buying pre-sale, understand the completion timeline and start your mortgage application 3–6 months before completion. New builds may involve GST and property tax adjustments — reserve additional funds.
Redeveloping · Transit Hub

Lougheed Town Centre

Lougheed is a major transit hub in northeast Burnaby, connecting the Millennium Line and Evergreen Extension. Ongoing redevelopment has added new condos and commercial projects, with prices relatively more affordable than Metrotown and Brentwood.

Schools

Cameron Elementary, Burnaby Mountain Secondary

Transit

Lougheed Town Centre SkyTrain (dual-line interchange)

Shopping

Lougheed Town Centre, North Road shopping district

Property Types

Condos, townhouses, some detached homes

Mortgage tip: Some new developments in Lougheed are within redevelopment zones. Lenders may have specific requirements for building type and developer. When buying pre-sale, confirm in advance whether your lender accepts the building, to avoid approval issues before completion.
University Community · Natural Setting

SFU / Burnaby Mountain

Burnaby Mountain has developed around Simon Fraser University (SFU), with a quiet environment and abundant greenery. Property types are primarily townhouses and condos, with stable student rental demand — suitable for buyers prioritizing schools or investment properties.

Schools

University Highlands Elementary, Burnaby Mountain Secondary

Amenities

SFU campus, Burnaby Mountain Conservation Area

Transit

Production Way–University SkyTrain, multiple bus routes

Property Types

Townhouses, condos

Mortgage tip: For investment properties, some lenders will count student rental income toward borrowing capacity — provide a lease agreement or rental assessment. Investment property down payment requirements are usually higher than owner-occupied — plan your funds in advance.
Diverse Community · SkyTrain

Edmonds

Edmonds is in southeast Burnaby, with a diverse community and well-developed amenities. Close to Edmonds SkyTrain station and Highgate shopping district, with property types including condos, townhouses, and some detached homes — relatively more affordable than the city centre.

Schools

Stride Avenue Community Elementary, Byrne Creek Community School

Transit

Edmonds SkyTrain (Expo Line)

Shopping

Highgate Village, Edmonds shopping district

Property Types

Condos, townhouses, detached homes

Mortgage tip: Some detached homes in Edmonds have rental suites. If the suite is legal, some lenders will count rental income toward borrowing capacity. Confirm the suite's legality before purchasing and prepare lease agreements.
Natural Setting · Quiet Community

Deer Lake

Deer Lake has developed around Deer Lake Park, with a quiet environment and abundant greenery — suitable for families prioritizing natural surroundings and quality of life. Property types are primarily detached homes and townhouses, with a stable community atmosphere.

Schools

Buckingham Elementary, Burnaby Central Secondary

Amenities

Deer Lake Park, Shadbolt Centre for the Arts, Burnaby Village Museum

Shopping

Nearby Metrotown and Brentwood shopping districts

Property Types

Detached homes, townhouses

Mortgage tip: Some Deer Lake properties are larger detached homes; appraisals rely on market comparables and land value. Confirm the appraisal result before removing subjects, to avoid a shortfall if the appraisal comes in below the purchase price.
Strong Schools · Established Community

South Slope

South Slope is in south Burnaby, primarily detached homes and townhouses, with well-regarded schools and a stable community atmosphere. Close to Metrotown and Edmonds, with convenient amenities — suitable for families with children.

Schools

Marlborough Elementary, Moscrop Secondary, Burnaby South Secondary

Amenities

Central Park, Moscrop Community Centre

Transit

Royal Oak SkyTrain, Metrotown SkyTrain

Property Types

Detached homes, townhouses

Mortgage tip: Detached home prices in South Slope span a wide range. Get a pre-approval to clarify your budget. Some older detached homes may require a home inspection report — confirm before removing subjects.

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