Named Canada’s best-run city by MacLean’s magazine in 2009, Burnaby is positioned for rapid growth in the short and long term. It has a mix of mature and developing areas, with Burnaby condos for sale throughout the city. If you would like to get the inside scoop for the latest opportunities, please contact us here.
Located in southwest quadrant of the city, Metrotown is the most established of Burnaby’s town centres. Its major focus on community has resulted in shopping destinations (such as Metropolis at Metrotown and Crystal Mall), as well as many of multicultural dining options like Sushi Garden, Green Basil, and Uncle Willy’s. Nothing is too far, as the regional transit hub (which includes a Skytrain station and numerous busses) provides quick and convenient transportation to almost anywhere in Metro Vancouver.
Metrotown’s location and amenities have resulted in a red-hot real estate market. Consisting mostly of high-rises and condos, presales for newer developments such as The Park and Midori have sold out in a matter of days. Despite the maturity of the area, the area is not saturated and there is no shortage of condos for sale in Metrotown.
Brentwood Town Centre is the City of Burnaby’s latest success story. While the original neighbourhood began growing around Brentwood Mall in the 1960s, transit developments and rezoning efforts began attracting more homeowners to the area at the turn of the century. In 2010, the purchase of Brentwood Mall by Shape Properties and the Health of Ontario Pension Plan sparked the rapid development of Brentwood into a hub for living and community activities.
The development of Brentwood Town Centre is lead by two major projects: The Amazing Brentwood by Shape Properties and Concord Brentwood by Concord Pacific. The former promises a fully-integrated community with abundant options for shopping, dining, and entertainment while the latter takes an eco-friendly approach in addition to its plethora of amenities. Both these developers, as well as many others, have multiple condos for sale around Brentwood.
Brentwood Town Centre is a rapidly-growing community which will be almost unrecognizable in the coming years. Homebuyers and investors alike are taking advantage of the many presale opportunities in the area. If condos are not your thing, be sure to look at the various townhouses or homes for sale in Brentwood as well.
Centered by the second-largest mall in Burnaby, Lougheed Town Centre is in the northeastern quadrant of the city. Originally intended to be a townsite integrated with Simon Fraser University to the north, Lougheed has developed into a diverse community focused on convenient and sustainability. The area is connected to Greater Vancouver and Coquitlam by the Skytrain and its brand-new Evergreen extension, respectively.
Lougheed Town Centre’s real estate market is booming, with a major project headed once again by Shape Properties. The ambitious master plan for the area includes over 20 residential buildings as well as the revamp of the community. Over the next few years, there will be condos and townhouses for sale in Lougheed that are a short walk from shopping, dining, and entertainment.
With developments targeting both homebuyers and investors starting to get off the ground, there is no better time to take advantage of Lougheed Town Centre’s real estate market. Contact us here for more information on upcoming opportunities in the area.