BURNABY REAL ESTATE AND PROPERTY SEARCH

Burnaby is a city in Metro Vancouver, situated with the City of Vancouver to the west and Port Moody, Coquitlam, and New Westminster on the east. To the north, it’s bounded by Burrard Inlet, and to the south by the Fraser River. To the southeast lies the city of New Westminster. Burnaby is the third-largest city in the province of British Columbia by population, surpassed only by Surrey and Vancouver. The city has four distinctive town centres: Metrotown, Lougheed, Brentwood and Edmonds.

When British Columbia became a colony in 1958, royal engineers surveyed the province. Colonel Richard Moody led the survey in the region east of the City of Vancouver and decided to name Burnaby Lake after his private secretary, Robert Burnaby. The area now known as Central Park was logged to provide timber to build British warships. In 1891 a new Central Park interurban tram line connected Burnaby with Vancouver and New Westminster. Homes and businesses were hastily built around the line, and the city of Burnaby was incorporated in 1892.

Three primary developments helped Burnaby become the thriving city of gleaming skyscrapers, world-class shopping centres and lush green spaces we see today. In 1960 the British Columbia Institute of Technology (BCIT) was established, attracting tech companies into the area; and in 1965 Simon Fraser University was established on Burnaby Mountain. And then, in preparation for Expo 86 World Exposition, Skytrain suddenly made Burnaby a lot more accessible. In 1992, one hundred years after its incorporation, Burnaby achieved City status.

Burnaby has a population of 232,755 (2016 census), with a 4.3% increase over five years (2011 census). It is the third largest city in BC, and has a relatively young, family-oriented population, with a median age of 40.3. Single-family homes typically are selling for close $1M, with townhomes at just over $500,000, and condos for around $350,000. Particularly when considering the home prices, Burnaby’s cost of living is lower than that of the City of Vancouver.

The City of Burnaby is a great place to own a business due to its central location and vibrant urban economy. Key business sectors include biotechnology, education, environmental technology/services, film, information technology (IT), life science, light industry, new media, professional services, retail and wireless. Burnaby’s Environmental Sustainability Strategy (ESS) is a plan that assures the city’s sustainable “green” future.

Burnaby’s climate offers mild coastal temperatures, with temperate summers and cool winters, and rain throughout the year. The climate is classified as a Warm Mediterranean Climate (Csb) by the Köppen-Geiger system. The average annual temperature is 10.0 °C. The average summer temperature is 17.8 °C, and it occasionally climbs above 30°C. Annual rainfall is 1369 mm. The average January temperature is 2.3 °C. Burnaby Mountain is Burnaby’s highest peak, and with its surrounding elevations, the area receives more snowfall than Vancouver’s other suburbs.