Bainbridge’s home values run 2.5 times those of the middle of British Columbia’s towns
That is a median of $1,800,000 at the 2021 census, set beside $720,000 for British Columbia’s towns. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices. In 2023, 7,270 homes changed hands at a median price of $761,000, by Statistics Canada’s count. Bainbridge shares its sale prices, assessed values, values by property type and building permits numbers with the rest of the city of Burnaby.
What Bainbridge’s homes are worth, three ways
Three sources, each set against British Columbia’s towns only: provinces measure value differently, so they don’t line up across borders.
median, owners’ estimate
- Average
- $1.7M
- Owners
- 730
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale, wider area
- Average sale
- $950K
- ÷ buyers’ income
- 6.2×
- Buyers
- 7,270
- British Columbia’s towns
- $682K
all residential
- British Columbia’s towns
- $671K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Houses in Burnaby carry 2.6 times the assessment of the median for British Columbia’s towns
Of Burnaby’s 87,280 residential properties on the 2024 roll, 51% are condos.
Median assessment by type, 2024 the tick is the median of British Columbia’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of British Columbia’s towns with their own figure; assessments compare within a province only.
How Bainbridge’s homes break down, by age and kind
Of the 1,025 homes people lived in across Bainbridge at the 2021 census, 50% were single-detached houses. Half or more were standing by 1980. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Bainbridge | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 10% | 10% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 5% | 4% | 3% |
| Households in core housing need | 10% | 10% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Permits in Burnaby ran at 38.9 homes a year per 1,000, where British Columbia’s towns ran at 18.1
Some 4,359 homes a year: 26,151 in all were permitted in Burnaby from 2018 to 2023. Very few were houses: under 1% in single-unit buildings (British Columbia’s towns: 27%).
The busiest year: 2022, with 6,578 new homes
New homes a year per 1,000 homes
Down 11%: 26,358 new homes in the year to August 2026
Area-wide: monthly permits, counted over the Vancouver metro area
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Bainbridge is dearer than most of British Columbia’s towns: 150% above their $720,000 median
The census values of British Columbia’s towns, 254 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Bainbridge: Montecito, Lochdale and Holdom
Next to Bainbridge: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Bainbridge | $1.8M | $1.7M | 72% | |
| Lake City | $1.8M | $2.01M | 85% | 1.2 |
| Montecito | $1.7M | $1.53M | 62% | 1.2 |
| Lochdale | $1.5M | $1.54M | 59% | 2.2 |
| Holdom | $1.6M | $1.43M | 66% | 2.3 |
| Deer Lake | $1.3M | $1.36M | 67% | 2.6 |
| Buckingham Heights | $1.6M | $1.86M | 78% | 3.3 |
Census 2021 values; km.
Questions about property prices in Bainbridge
Is Bainbridge expensive for British Columbia?
Dearer than the middle: British Columbia’s towns come to $720,000, Bainbridge to more.
How many households in Bainbridge are in core housing need?
Statistics Canada puts 10% of Bainbridge’s households in core housing need, much as for British Columbia’s towns (10%).
Can I see individual sales or prices by street?
No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).