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Metrotown, Burnaby | Neighbourhood Profile

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Contains information licensed under the Open Government Licence - Burnaby. The maps and map data are provided "as-is" and are not legal surveys or legal descriptions. Faith Wilson Realty Group Inc. explicitly disclaims any representations and warranties as to the accuracy, timeliness, or completeness of maps and data. These maps and data are created from multiple city, provincial, federal and private sources, including Google Maps and the BCNREB, CADREB, FVREB, REBGV. The source data may contain errors. Information regarding school boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school or school system.

Metrotown Video

Officially designated by the City of Burnaby as a town centre, in addition to a Metro Vancouver regional town centre, Metrotown is a complete neighbourhood in South Burnaby. While Metrotown is famous as a shopping and entertainment destination, it is also one of the finest places to live when it comes to tower-style condominium living. Dating back to when Skytrain arrived in December 1985, deluxe 1 & 2 bedroom condo towers and commercial buildings have made for a dramatic Burnaby skyline. Today with developers responding to market demand, particularly with downsizing baby boomers, current new and planned luxury towers in the Metrotown neighbourhood have room for families with 2 bedroom and den and 3 bedroom suites with sliding wall balconies available for the discerning buyer. As a destination, Metrotown is one of the true shopping meccas in Canada’s west. With the combined impact of Metropolis, the Crystal Mall, Station Square and Silver City, the Metrotown neighbourhood has over 500 shops and services, all easily accessed by Skytrain, bus and vehicle.


…recreation amenities include tennis courts, an outdoor swimming pool, pitch and putt golf course, and Swangard Stadium

Central Park on the western edge of the neighbourhood, is a tall-timber green escape that is enjoyed by Metrotown residents both young and old. Local recreation amenities include tennis courts, an outdoor swimming pool, pitch and putt golf course, and Swangard Stadium.

Burnaby School District 41 has three primary grade schools the Metrotown neighbourhood including Maywood, South Slope and Nelson Elementary Schools. For grades 8 to 12, there’s Burnaby South Secondary which includes the British Columbia Provincial School for the Deaf.

According to a recent census, over 53% of residents who live near Metrotown Skytrain Station commuted to work by public transit, currently the highest in all of Metro Vancouver. The area is also served by the Patterson and Royal Oak Skytrain stations. The Skytrain stations and Kingsway also provide bus links heading in all directions. For vehicle drivers, historic Kingsway the traditional link between New Westminster and Vancouver waterfronts, provides access to other areas of Burnaby and beyond.

Metrotown Active Listings Summary | as of June 23, 2017

The table shown below is a current snapshot of all the active listings in Metrotown, segmented by residential property types. The second column is a calculation of the current median asking price, while the third column is the summed total of all active listings for the related property type. Please note that this table is updated every 24 hours.

Quick Tip: Gain instant access to all of the related listings by selecting a row in the table and pushing the button below.

Metrotown MLS® HPI Benchmark Prices | May, 2017

Current Benchmark Price:
$1,663,300

The MLS® HPI Benchmark Price shown above represents the current expected sales price for a typical or “Benchmark” 1 Storey in Metrotown.

The MLS® HPI takes into consideration what averages and medians do not – items such as lot size, age, number of rooms, etc. The most commonly traded set of these attributes describes the composite of the typical or ‘benchmark’ property type in a given area. Prices paid for homes with these attributes determine benchmark home prices.

The "Benchmark Definition" shows the list of attributes associated with the current Benchmark Price. The bar graph below shows the historical Benchmark Price changes, from 1 month previous to 10 years ago.

1 Storey Benchmark Definition

Above Ground Bedrooms:
3
Appliances Included:
No
Basement Area:
1000
Bedrooms:
4
Below Ground Bedrooms:
2
Covered Parking Spaces:
1
Finished Basement:
Yes
Full Bathrooms:
2
Garage Parking Available:
No
Gross Living Area (Above Ground - in sq. ft.):
1252
Half Bathrooms:
0
Lot Size:
7040
Number of Fireplaces:
1
Panoramic View:
No
Parking Spaces:
2
Separate Entrance To Basement:
No
Total Number Of Rooms:
11
Type Of Covered Parking:
N/A
Type Of Foundation:
Basement,Poured concrete
Type Of Roofing:
Asphalt shingles
Year Built:
1957

Historical Benchmark Price Changes

Current Benchmark Price:
$1,663,300

The MLS® HPI Benchmark Price shown above represents the current expected sales price for a typical or “Benchmark” 1 Storey Detached in Metrotown.

The MLS® HPI takes into consideration what averages and medians do not – items such as lot size, age, number of rooms, etc. The most commonly traded set of these attributes describes the composite of the typical or ‘benchmark’ property type in a given area. Prices paid for homes with these attributes determine benchmark home prices.

The "Benchmark Definition" shows the list of attributes associated with the current Benchmark Price. The bar graph below shows the historical Benchmark Price changes, from 1 month previous to 10 years ago.

1 Storey Detached Benchmark Definition

Above Ground Bedrooms:
3
Appliances Included:
No
Basement Area:
1000
Bedrooms:
4
Below Ground Bedrooms:
2
Covered Parking Spaces:
1
Finished Basement:
Yes
Full Bathrooms:
2
Garage Parking Available:
No
Gross Living Area (Above Ground - in sq. ft.):
1252
Half Bathrooms:
0
Lot Size:
7040
Number of Fireplaces:
1
Panoramic View:
No
Parking Spaces:
2
Separate Entrance To Basement:
No
Total Number Of Rooms:
11
Type Of Covered Parking:
N/A
Type Of Foundation:
Basement,Poured concrete
Type Of Roofing:
Asphalt shingles
Year Built:
1957

Historical Benchmark Price Changes

Current Benchmark Price:
$2,016,700

The MLS® HPI Benchmark Price shown above represents the current expected sales price for a typical or “Benchmark” 2 Storey in Metrotown.

The MLS® HPI takes into consideration what averages and medians do not – items such as lot size, age, number of rooms, etc. The most commonly traded set of these attributes describes the composite of the typical or ‘benchmark’ property type in a given area. Prices paid for homes with these attributes determine benchmark home prices.

The "Benchmark Definition" shows the list of attributes associated with the current Benchmark Price. The bar graph below shows the historical Benchmark Price changes, from 1 month previous to 10 years ago.

2 Storey Benchmark Definition

Above Ground Bedrooms:
4
Appliances Included:
Yes
Basement Area:
594
Bedrooms:
5
Below Ground Bedrooms:
0
Covered Parking Spaces:
1
Finished Basement:
Yes
Full Bathrooms:
4
Gross Living Area (Above Ground - in sq. ft.):
1991
Half Bathrooms:
1
Heating:
N/A
Lot Size:
7009
Number of Fireplaces:
1
Parking Spaces:
2
Separate Entrance To Basement:
No
Total Number Of Rooms:
12
Type Of Covered Parking:
N/A
Type Of Floor:
Non Wood
Type Of Foundation:
Basement,Poured concrete
Type of Property:
Detached
Type Of Roofing:
Flat / Tar & Gravel
Year Built:
1998

Historical Benchmark Price Changes

Current Benchmark Price:
$2,147,000

The MLS® HPI Benchmark Price shown above represents the current expected sales price for a typical or “Benchmark” 2 Storey Detached in Metrotown.

The MLS® HPI takes into consideration what averages and medians do not – items such as lot size, age, number of rooms, etc. The most commonly traded set of these attributes describes the composite of the typical or ‘benchmark’ property type in a given area. Prices paid for homes with these attributes determine benchmark home prices.

The "Benchmark Definition" shows the list of attributes associated with the current Benchmark Price. The bar graph below shows the historical Benchmark Price changes, from 1 month previous to 10 years ago.

2 Storey Detached Benchmark Definition

Above Ground Bedrooms:
4
Appliances Included:
Yes
Basement Area:
984
Bedrooms:
6
Below Ground Bedrooms:
2
Covered Parking Spaces:
2
Finished Basement:
Yes
Full Bathrooms:
4
Gross Living Area (Above Ground - in sq. ft.):
2448
Half Bathrooms:
0
Heating:
N/A
Lot Size:
7494
Number of Fireplaces:
2
Parking Spaces:
3
Separate Entrance To Basement:
No
Total Number Of Rooms:
14
Type Of Covered Parking:
Double width garage
Type Of Floor:
Non Wood
Type Of Foundation:
Basement,Poured concrete
Type Of Roofing:
Flat / Tar & Gravel
Year Built:
1993

Historical Benchmark Price Changes

Current Benchmark Price:
$619,500

The MLS® HPI Benchmark Price shown above represents the current expected sales price for a typical or “Benchmark” Apartment in Metrotown.

The MLS® HPI takes into consideration what averages and medians do not – items such as lot size, age, number of rooms, etc. The most commonly traded set of these attributes describes the composite of the typical or ‘benchmark’ property type in a given area. Prices paid for homes with these attributes determine benchmark home prices.

The "Benchmark Definition" shows the list of attributes associated with the current Benchmark Price. The bar graph below shows the historical Benchmark Price changes, from 1 month previous to 10 years ago.

Apartment Benchmark Definition

Above Ground Bedrooms:
2
Amenities:
No
Appliances Included:
Yes
Basement Area:
0
Bedrooms:
2
Below Ground Bedrooms:
0
Concrete Frame:
Yes
Covered Parking Spaces:
1
Elevator:
Yes
Finished Basement:
No
Full Bathrooms:
2
Gross Living Area (Above Ground - in sq. ft.):
922
Half Bathrooms:
0
Heating:
N/A
Heating Fuel:
Electricity
Panoramic View:
Yes
Total Number Of Rooms:
5
Type Of Covered Parking:
Underground garage
Type Of Foundation:
Poured concrete
Year Built:
1992

Historical Benchmark Price Changes

Current Benchmark Price:
$1,910,900

The MLS® HPI Benchmark Price shown above represents the current expected sales price for a typical or “Benchmark” Single Family in Metrotown.

The MLS® HPI takes into consideration what averages and medians do not – items such as lot size, age, number of rooms, etc. The most commonly traded set of these attributes describes the composite of the typical or ‘benchmark’ property type in a given area. Prices paid for homes with these attributes determine benchmark home prices.

The "Benchmark Definition" shows the list of attributes associated with the current Benchmark Price. The bar graph below shows the historical Benchmark Price changes, from 1 month previous to 10 years ago.

Single Family Benchmark Definition

Above Ground Bedrooms:
3
Appliances Included:
Yes
Basement Area:
846
Bedrooms:
5
Below Ground Bedrooms:
1
Covered Parking Spaces:
1
Finished Basement:
Yes
Full Bathrooms:
4
Garage Parking Available:
No
Gross Living Area (Above Ground - in sq. ft.):
1830
Half Bathrooms:
0
Heating:
N/A
Lot Size:
7040
Number of Fireplaces:
1
Panoramic View:
No
Parking Spaces:
2
Separate Entrance To Basement:
No
Total Number Of Rooms:
11
Type Of Covered Parking:
N/A
Type Of Floor:
Non Wood
Type Of Foundation:
Basement,Poured concrete
Type of Property:
Detached
Year Built:
1992

Historical Benchmark Price Changes

Current Benchmark Price:
$1,933,600

The MLS® HPI Benchmark Price shown above represents the current expected sales price for a typical or “Benchmark” Single Family Detached in Metrotown.

The MLS® HPI takes into consideration what averages and medians do not – items such as lot size, age, number of rooms, etc. The most commonly traded set of these attributes describes the composite of the typical or ‘benchmark’ property type in a given area. Prices paid for homes with these attributes determine benchmark home prices.

The "Benchmark Definition" shows the list of attributes associated with the current Benchmark Price. The bar graph below shows the historical Benchmark Price changes, from 1 month previous to 10 years ago.

Single Family Detached Benchmark Definition

Above Ground Bedrooms:
3
Appliances Included:
Yes
Basement Area:
1000
Bedrooms:
5
Below Ground Bedrooms:
2
Covered Parking Spaces:
2
Finished Basement:
Yes
Full Bathrooms:
3
Garage Parking Available:
No
Gross Living Area (Above Ground - in sq. ft.):
1500
Half Bathrooms:
0
Heating:
N/A
Lot Size:
7203
Number of Fireplaces:
2
Panoramic View:
No
Parking Spaces:
3
Separate Entrance To Basement:
No
Total Number Of Rooms:
12
Type Of Covered Parking:
N/A
Type Of Floor:
Non Wood
Type Of Foundation:
Basement,Poured concrete
Type Of Roofing:
Asphalt shingles
Year Built:
1973

Historical Benchmark Price Changes

Current Benchmark Price:
$632,000

The MLS® HPI Benchmark Price shown above represents the current expected sales price for a typical or “Benchmark” Townhouse in Metrotown.

The MLS® HPI takes into consideration what averages and medians do not – items such as lot size, age, number of rooms, etc. The most commonly traded set of these attributes describes the composite of the typical or ‘benchmark’ property type in a given area. Prices paid for homes with these attributes determine benchmark home prices.

The "Benchmark Definition" shows the list of attributes associated with the current Benchmark Price. The bar graph below shows the historical Benchmark Price changes, from 1 month previous to 10 years ago.

Townhouse Benchmark Definition

Above Ground Bedrooms:
2
Appliances Included:
Yes
Basement Area:
0
Bedrooms:
2
Below Ground Bedrooms:
0
Covered Parking Spaces:
2
Elevator:
No
Exterior Walls:
Masonry & siding
Finished Basement:
No
Full Bathrooms:
2
Garage Parking Available:
No
Gross Living Area (Above Ground - in sq. ft.):
1033
Half Bathrooms:
0
Panoramic View:
No
Total Number Of Rooms:
6
Type Of Covered Parking:
Underground garage
Type Of Floor:
Non Wood
Type Of Foundation:
Poured concrete
Type Of Roofing:
Asphalt shingles
Year Built:
2006

Historical Benchmark Price Changes

 

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