City of Burnaby
Your Burnaby Realtor — Borna Asi
Borna Asi represents buyers and sellers across Burnaby — Metrotown, Brentwood, Lougheed, Edmonds and the established residential areas between them.
Burnaby has spent two decades building upward around four town centres while keeping large areas of post-war houses on generous lots. The result is a city where a new tower unit, a 1990s wood-frame apartment and a detached house with a mortgage-helper suite can all be within walking distance of each other.
Borna helps you understand which of those you are actually comparing, what each one will cost to hold, and how to negotiate terms that fit your plans.
Every step is explained clearly, from the first comparison to the final dates.
Buying a Home in Burnaby?
Learn how Borna can help you evaluate properties, prepare an offer and negotiate price and terms.
Selling a Home in Burnaby?
Discuss preparation, pricing, offer evaluation and a negotiation strategy with Borna.
Housing types and neighbourhood considerations in Burnaby
Burnaby's four town centres each behave differently. Metrotown is the densest and most transit-oriented; Brentwood has the newest large-scale development; Lougheed sits at a transfer point between SkyTrain lines; Edmonds remains more mixed in age and price.
Away from the centres, neighbourhoods such as Burnaby Heights, Capitol Hill, Deer Lake, Buckingham and Big Bend are predominantly detached housing, where lot size, slope, view and suite potential drive value more than square footage alone.
- Newer concrete towers concentrated at Metrotown, Brentwood and Lougheed
- Large stock of 1990s and 2000s wood-frame apartments, some with rainscreen work history
- Townhome complexes on the slopes between town centres
- Detached houses on larger lots than most of Vancouver, frequently with suites
- Presale and recently completed buildings, where warranty coverage and the disclosure statement matter
No current market statistics are published on this page. Conditions differ by community, property type and reporting period; ask Borna for the most recent figures for your situation and their source.
Burnaby prices — August 2026
Benchmark prices for Burnaby itself, as published by Greater Vancouver REALTORS®. A benchmark is an index estimate of a typical home of that type in the area — not an average of what sold, and not a valuation of any particular property.
Greater Vancouver REALTORS®
Burnaby East
- All property types
- $985,70010.2% lower than August 2025
- Detached
- $1,694,90013.8% lower than August 2025
- Townhouse
- $852,7004.4% lower than August 2025
- Apartment
- $707,6007.7% lower than August 2025
Source: Greater Vancouver REALTORS®, MLS® Home Price Index for August 2026, published September 1, 2026. Original release.
Greater Vancouver REALTORS®
Burnaby North
- All property types
- $883,7007.8% lower than August 2025
- Detached
- $1,816,50010.2% lower than August 2025
- Townhouse
- $888,2005.3% lower than August 2025
- Apartment
- $669,7007.3% lower than August 2025
Source: Greater Vancouver REALTORS®, MLS® Home Price Index for August 2026, published September 1, 2026. Original release.
Greater Vancouver REALTORS®
Burnaby South
- All property types
- $974,8006.9% lower than August 2025
- Detached
- $1,887,80010.2% lower than August 2025
- Townhouse
- $933,6007.4% lower than August 2025
- Apartment
- $731,5007.1% lower than August 2025
Source: Greater Vancouver REALTORS®, MLS® Home Price Index for August 2026, published September 1, 2026. Original release.
Figures describe Burnaby as a whole for one month. Individual streets, buildings and property types move differently, and a benchmark does not tell you what your home is worth today.
Ask Borna about your property type Full Metro Vancouver update
Market context for Burnaby
Metro Vancouver composite benchmark price, 2016 through 2025, with 2026 year-to-date benchmarks through August 2026
December MLS® Home Price Index benchmark for each year, all property types.
Source: Greater Vancouver REALTORS® (GVR, formerly REBGV), December MLS® statistics packages and monthly market reports. Last reviewed September 10, 2026.
These are regional figures, not Burnaby figures
The chart covers the whole Metro Vancouver area reported by Greater Vancouver REALTORS®. Burnaby moves on its own schedule, and detached homes, townhomes and apartments within it can move in different directions in the same month.
The Burnaby benchmark prices above cover a single month. This ten-year chart is here for long-run context only.
How Borna helps Burnaby buyers
Buyers often come to Burnaby because the same budget buys more space than in Vancouver. The important work is checking that the extra space does not come with costs that were never in the plan.
- Comparing older wood-frame buildings with newer concrete ones on real holding costs, not just price per square foot
- Checking rainscreen and envelope repair history in buildings from the 1990s
- Assessing whether a suite is legal, and what the City requires for it to remain so
- Reviewing disclosure statements and warranty coverage on newer or presale units
How Borna helps Burnaby sellers
Burnaby sellers frequently compete with brand-new inventory a few blocks away. Positioning matters: your property has advantages that a presale does not, and those need to be visible.
- Identifying which competing buildings a buyer is realistically weighing you against
- Documenting completed repairs and upgrades so they count in the buyer's assessment
- Clarifying suite income, permits and tenancy details before an offer is written
- Structuring dates around your next purchase, particularly if you are moving within Burnaby
Why negotiation matters in Burnaby
When a buyer's alternative is a new building nearby, the negotiation is rarely only about price. It is about what your property offers that the alternative does not — a larger floor plan, lower monthly costs, an existing tenant, or a completion date that suits them.
For buyers, tenancy is often the pivot. A property with an existing tenant carries obligations that affect possession, and negotiating those terms clearly at the offer stage prevents a difficult situation after completion.
Common questions about Burnaby
- Is a 1990s Burnaby apartment building a risk?
- Not by age alone. What matters is whether envelope or rainscreen work was completed, how it was funded, and what the depreciation report says about upcoming components. A building that has already done the work and rebuilt its reserve can be a better purchase than a newer one that has not been tested.
- Can I count on the suite income when I buy?
- Check three things before you do: whether the suite is permitted, whether your lender will use the income in its calculation, and what tenancy is currently in place. Each can change the number you were relying on.
- How different are the four town centres?
- Meaningfully. They differ in building age, density, transit connections, retail and price per square foot. Borna will walk you through the trade-offs rather than treating Burnaby as a single market.
- Should I buy a presale in Burnaby?
- It depends on your timeline, your financing and your tolerance for a completion date that can move. The disclosure statement, deposit schedule, assignment terms and warranty are the documents to read closely before deciding.
Useful reading
- Before you write an offer
The decisions worth making while nobody is waiting on you.
- Reading strata documents without panicking
What the minutes, depreciation report and Form B actually tell you.
- Preparing to sell: a working order
Documents first, repairs second, presentation last.
Talk to Borna about Burnaby
A first conversation is a conversation — no obligation, and no pressure to list or to buy. Bring the questions that matter to your decision.
Call or email Borna directly
Borna replies personally. A first conversation carries no obligation, and nothing on this website is an offer of representation.