Living in Burnaby 2026: Complete Guide to Life, Cost & Real Estate

Why Move to Burnaby?

Burnaby, British Columbia, is a vibrant city nestled right next to Vancouver, known for its diverse population and rich cultural heritage. With a population of over 250,000, Burnaby is one of the largest cities in Canada, offering a unique blend of urban living and natural beauty. The city is renowned for its parks, shopping centers, and community-focused amenities, making it an attractive place for families, professionals, and retirees alike.

The lifestyle in Burnaby is characterized by a strong sense of community and a high quality of life. Residents enjoy easy access to green spaces such as Burnaby Mountain, Central Park, and Deer Lake Park, where outdoor enthusiasts can hike, bike, or simply relax amidst nature. The vibe in Burnaby is often described as laid-back yet lively, with a mix of cultural activities, festivals, and events throughout the year, including the Burnaby Blues and Roots Festival and the Festival of Lights.

Additionally, Burnaby's strategic location provides residents with quick access to Vancouver's urban amenities while maintaining its own unique identity. This balance makes Burnaby a perfect choice for those who wish to experience city life without the overwhelming pace of downtown Vancouver.

Cost of Living in Burnaby

When considering a move to Burnaby, understanding the cost of living is essential. The average home price in Burnaby is around $1,488,658, with a median price of $899,000. This reflects the city's status as a desirable place to live, though it may be a challenge for first-time homebuyers.

Utility costs in Burnaby are generally in line with national averages. Expect to pay about $150 per month for electricity, heating, cooling, water, and garbage, depending on your usage and home size. Internet services cost approximately $80 per month for a reliable high-speed connection.

Grocery prices in Burnaby are reasonable but can vary based on dietary preferences. On average, a family of four may spend around $1,000 per month on groceries. Essentials like milk, bread, and eggs are priced competitively with other Canadian cities. For instance, a liter of milk costs about $2.50, and a loaf of bread is around $3.00.

Transportation costs are also a crucial factor in Burnaby's cost of living. The city has an extensive public transit system, with a monthly transit pass costing approximately $100. For those who prefer driving, gasoline prices are comparable to the national average, and parking can vary depending on the location.

Best Neighborhoods in Burnaby

Burnaby is home to several fantastic neighborhoods, each with its own unique charm and amenities. Here are some of the best areas to consider:

• Metrotown

  Metrotown is Burnaby’s premier shopping district, known for its large mall, Metropolis at Metrotown, which boasts over 400 stores. The area is well-connected by public transit and features a mix of high-rise condos and townhomes, making it popular among young professionals and families.

• Brentwood

  Brentwood has seen significant development in recent years, featuring modern high-rise apartments and new shopping centers. The neighborhood offers a vibrant community feel with parks, restaurants, and easy access to the SkyTrain, perfect for commuters heading to downtown Vancouver.

• Burnaby Heights

  Burnaby Heights is a charming neighborhood known for its quaint shops, cafes, and restaurants. It boasts stunning views of the North Shore mountains and is ideal for families looking for a tight-knit community with access to quality schools and parks.

• Deer Lake

  Deer Lake offers a serene environment, featuring beautiful homes surrounded by nature. Residents enjoy the lake's recreational activities, including kayaking and nature walks. The area is perfect for families and retirees seeking a peaceful lifestyle.

• South Burnaby

  South Burnaby is a diverse community with a mix of residential and commercial areas. Known for its accessibility and affordability, it is popular among families and young professionals. The area has several parks and schools, making it an attractive choice for those looking for a well-rounded neighborhood.

Burnaby Real Estate Market 2026

The Burnaby real estate market in 2026 is characterized by a competitive landscape with 1,471 active listings, including 360 houses and 955 condos. The demand for housing remains high due to the city's desirable lifestyle and proximity to Vancouver.

Current trends indicate a steady appreciation in property values, with many neighborhoods experiencing significant growth. Buyers should be prepared for a competitive bidding environment, particularly in sought-after areas like Metrotown and Brentwood. Sellers benefit from a robust market, often receiving multiple offers on well-priced properties.

For potential buyers, it’s advisable to work with a knowledgeable local real estate agent who can navigate the complexities of the market. For sellers, staging the home and pricing it competitively are key strategies to attract buyers quickly.

Things to Do in Burnaby

Burnaby offers a plethora of activities for residents and visitors alike. Here are some highlights:

• Recreation

  Outdoor enthusiasts can explore the numerous parks and trails, including Burnaby Mountain and Central Park. The city also has various sports facilities, including ice rinks, swimming pools, and tennis courts, catering to various athletic interests.

• Dining

  The dining scene in Burnaby is diverse, featuring everything from casual eateries to fine dining. Popular spots include the Italian restaurant Trattoria Burnaby and the Asian fusion place Chada Thai. Food festivals and farmers' markets throughout the year further celebrate the local culinary scene.

• Culture

  Burnaby is rich in cultural offerings, including the Burnaby Art Gallery and the Shadbolt Centre for the Arts. Residents can enjoy numerous performances, art exhibits, and cultural festivals that showcase the city's diversity.

• Outdoors

  For those who love nature, Burnaby is home to beautiful lakes, parks, and gardens. Deer Lake Park is particularly popular for picnics, kayaking, and enjoying the scenic views. The nearby Burnaby Mountain offers stunning vistas and hiking trails.

Transportation & Commute

Burnaby is well-connected, making commuting straightforward for residents. The city boasts an extensive public transportation network, including the SkyTrain, which provides quick access to Vancouver and other neighboring municipalities. With multiple SkyTrain stations, residents can easily navigate the city without a car.

For those who prefer driving, major highways such as Highway 1 and 7 are readily accessible, making it convenient to travel to surrounding areas. Additionally, most neighborhoods in Burnaby are pedestrian-friendly, with ample walking and biking paths, enhancing overall walkability.

Schools & Education

Burnaby is home to numerous quality educational institutions, including public and private schools. The Burnaby School District is recognized for its academic excellence, with various programs catering to diverse student needs. Parents can feel confident in the educational opportunities available for their children, from elementary to high school levels.

Additionally, Burnaby is home to post-secondary institutions such as Simon Fraser University and the British Columbia Institute of Technology, providing ample opportunities for higher education and vocational training.

Who Should Move to Burnaby?

Burnaby is an excellent choice for various demographics. Families will appreciate the community-oriented atmosphere, quality schools, and abundant parks. Young professionals benefit from the city's proximity to Vancouver, offering career opportunities while enjoying a slightly quieter lifestyle.

Retirees will find the serene neighborhoods and recreational activities appealing, while students will enjoy the vibrant cultural scene and access to top universities. Overall, Burnaby caters to anyone looking for a balanced lifestyle with urban conveniences and natural beauty.

Pros and Cons

Like any city, Burnaby has its pros and cons. Here’s an honest assessment:

• Pros:
  • Diverse neighborhoods with various housing options
  • Access to excellent schools and educational institutions
  • Abundant parks and recreational activities
  • Strong community feel with cultural events
  • Good public transportation options
• Cons:
  • High real estate prices
  • Traffic congestion during peak hours
  • Limited availability of single-family homes
  • Higher cost of living compared to national averages

FAQ

• What is the average home price in Burnaby?

  The average home price in Burnaby is approximately $1,488,658.

• Are there good schools in Burnaby?

  Yes, Burnaby has a strong education system with quality public and private schools.

• How do I commute to Vancouver from Burnaby?

  Burnaby has excellent public transit, including the SkyTrain, providing easy access to Vancouver.

• What are the best neighborhoods in Burnaby?

  Some of the best neighborhoods include Metrotown, Brentwood, Burnaby Heights, Deer Lake, and South Burnaby.

• Is Burnaby family-friendly?

  Absolutely! Burnaby offers family-oriented amenities, parks, and community events.