MLS® Active Inventory
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Metrotown continues to be a high-demand sub-area. Inventory typically moves faster than the regional average.
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Metrotown is Burnaby's commercial and residential epicentre, built around the Metrotown SkyTrain Station on the Expo Line and anchored by Metropolis at Metrotown — one of Canada's largest shopping centres. The neighbourhood's residential fabric is dominated by highrise concrete condos, with towers lining Kingsway and Beresford Street offering some of the most competitively priced urban condos in Metro Vancouver.
Condo prices in Metrotown typically range from $650K for a one-bedroom resale unit to $1.2M+ for newer two-bedroom units with city views. The ongoing redevelopment of aging lowrise rental buildings is steadily modernizing the neighbourhood's housing stock while adding population density that supports local retail and services. Central Park — a roughly 90-acre (36-hectare) forested urban park — provides a striking green counterpoint to the density immediately to the west.
The SkyTrain's Expo Line places Metrotown residents 20 minutes from downtown Vancouver and well-connected to Surrey, Richmond, and Coquitlam via transfers. The neighbourhood's walkability is exceptional, with residents able to accomplish virtually all daily needs on foot.
Highrise condos dominate, priced from $650K for one-bedrooms to $1.2M+ for newer two-bedrooms, with strong rental demand from SkyTrain commuters.
Metropolis at Metrotown is one of Canada's largest shopping centres with 300+ stores, a major cinema, and direct SkyTrain access — all walkable from most towers.
The roughly 90-acre (36-hectare) Central Park offers forest trails, tennis courts, a pool, and Swangard Stadium — a major green amenity steps from the condo density.
Ongoing redevelopment and SkyTrain adjacency drive consistent investor interest; rental vacancy in Metrotown regularly sits below 1%.
Marlborough Elementary and Burnaby Central Secondary serve the Metrotown core, with BCIT and Simon Fraser University accessible by SkyTrain.
Resale condos in Metrotown start around $550K–$650K for a one-bedroom in older buildings. Newer buildings and units with views start at $750K for one-bedrooms and $1.1M+ for two-bedrooms. Pre-sale premiums apply to new construction.
Yes. Metrotown's sub-1% rental vacancy, SkyTrain adjacency, and ongoing densification approvals create a strong case for investment. Cap rates are modest but tenant demand is extremely reliable.
The Expo Line SkyTrain from Metrotown Station to Waterfront takes approximately 25 minutes — one of the most direct transit routes in the suburbs.
Central Park is directly adjacent to Metrotown — a roughly 90-acre (36-hectare) forested park with trails, tennis courts, an outdoor pool, and Swangard Stadium. Burnaby Lake Regional Park is accessible by bike or SkyTrain.
Metropolis at Metrotown (300+ stores), Cineplex VIP, T&T Supermarket, and dozens of restaurants and services make Metrotown one of Metro Vancouver's most self-contained urban neighbourhoods.
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