Photo: The Cosmonaut · CC BY-SA 2.5 caA few dear homes lift Burnaby Mountain’s average value 35% above its median
In May 2021 the median owned home was worth $600,000 by its owner’s reckoning, the average one $810,263. The median sale in 2023 was $761,000, across 7,270 buyers. Burnaby Mountain doesn’t get its own sale prices, assessed values, values by property type and building permits figures; the ones here come from the city of Burnaby.
What Burnaby Mountain’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. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates.
median, owners’ estimate
- Average
- $810K
- Owners
- 1,995
- 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).
Burnaby’s detached houses are assessed at 2.6 times the median of British Columbia’s towns
Assessors listed 87,280 residential properties in Burnaby for 2024, 51% of them 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.
49% of Burnaby Mountain lives in apartments, where British Columbia’s towns have 12%
At the 2021 census, Burnaby Mountain had 3,765 homes with someone living in them. Most went up after 2000. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Burnaby Mountain | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 69% | 10% | 8% |
| Needing major repairs | 3% | 6% | 6% |
| Too small for the household | 5% | 4% | 3% |
| Households in core housing need | 15% | 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.
38.9 new homes a year per 1,000 in Burnaby: more than British Columbia’s towns (18.1)
Over 2018–2023, 26,151 homes were permitted in Burnaby, close to 4,359 each year. Apartments and other multi-unit buildings dominate: only under 1% were single-unit, against 27% for British Columbia’s towns.
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
The monthly permits numbers here cover 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.
Burnaby Mountain against British Columbia’s towns: 17% under the $720,000 median
254 of British Columbia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Burnaby Mountain: Lougheed
The places around Burnaby Mountain at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Burnaby Mountain | $600K | $810K | 53% | |
| Lougheed | $500K | $655K | 57% | 3 |
| Montecito | $1.7M | $1.53M | 62% | 3.4 |
| Lake City | $1.8M | $2.01M | 85% | 3.5 |
| Bainbridge | $1.8M | $1.7M | 72% | 3.7 |
| Lochdale | $1.5M | $1.54M | 59% | 3.7 |
| Port Moody | $1M | $1.11M | 76% | 4.9 |
Census 2021 values; km.
Questions about property prices in Burnaby Mountain
How many households in Burnaby Mountain are in core housing need?
15% of Burnaby Mountain’s households, above the 10% of British Columbia’s towns, live in a home that is unaffordable, crowded or in poor repair, with no acceptable one nearby they could afford.
Is Burnaby Mountain expensive for British Columbia?
Cheaper than the middle: British Columbia’s towns come to $720,000, Burnaby Mountain to less.
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).