Metrotown
Area Pulse
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 90-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.
MLS® Active Inventory
Homes for Sale in Metrotown(6)
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Neighbourhood Highlights
Urban Density
Highrise condos dominate, priced from $650K for one-bedrooms to $1.2M+ for newer two-bedrooms, with strong rental demand from SkyTrain commuters.
Metropolis Mall
Metropolis at Metrotown is Canada's second-largest mall with 450+ stores, a major cinema, and direct SkyTrain access — all walkable from most towers.
Central Park
The 90-hectare Central Park offers forest trails, tennis courts, a pool, and Swangard Stadium — a major green amenity steps from the condo density.
Market
Ongoing redevelopment and SkyTrain adjacency drive consistent investor interest; rental vacancy in Metrotown regularly sits below 1%.
Schools
Marlborough Elementary and Burnaby Central Secondary serve the Metrotown core, with BCIT and Simon Fraser University accessible by SkyTrain.
Common Questions
What are condo prices in Metrotown, Burnaby?
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.
Is Metrotown a good place to invest in real estate?
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.
How long is the commute from Metrotown to downtown Vancouver?
The Expo Line SkyTrain from Metrotown Station to Waterfront takes approximately 25 minutes — one of the most direct transit routes in the suburbs.
What parks are near Metrotown?
Central Park is directly adjacent to Metrotown — a 90-hectare forested park with trails, tennis courts, an outdoor pool, and Swangard Stadium. Burnaby Lake Regional Park is accessible by bike or SkyTrain.
What amenities does Metrotown offer?
Metropolis at Metrotown (450+ stores), Cineplex VIP, T&T Supermarket, Whole Foods, and dozens of restaurants and services make Metrotown one of Metro Vancouver's most self-contained urban neighbourhoods.
Market Snapshot
Real-Time MLS® Data
Verified Local Expert Valuation
Metrotown continues to be a high-demand sub-area. Inventory typically moves faster than the regional average.
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