Living near Metrotown

This is the most liquid condo market in Burnaby. The combination of the region's second-largest mall, a 14-bay bus exchange, and a library, civic square, and recreation complex inside a short walk means a unit here rents and resells more predictably than anywhere else in the city. The station itself came through a $55.5 million rebuild between 2015 and 2018, and in September 2025 it became the first SkyTrain station to open public washrooms.
Getting around from here
A partial off-street exchange on Beresford Street with 14 bays, including the 19 to Stanley Park, the 49 to UBC, the 110 to Lougheed, and the 430 express to Richmond-Brighouse.
Metropolis at Metrotown sits directly across Central Boulevard, with Station Square and Crystal Mall a block away. The Bob Prittie branch of the Burnaby Public Library, Burnaby Civic Square, and the Bonsor Recreation Complex are all within walking distance.
What you can buy nearby
High-rise concrete towers of every vintage from the 1980s to brand new, with the newest stock clustered around Station Square and along Beresford.
This station sits in Metrotown, where the full area guide covers streets, schools, price context, and what tends to come up for sale.
Who this station area suits
Investors who want the shortest vacancy periods, first-time buyers who want maximum resale liquidity, and anyone who genuinely wants to live without a car.
You pay the location premium going in, which compresses rental yield, and the immediate area is dense, busy, and getting denser.
What the TOA rules mean here
Metrotown station, like every SkyTrain station in BC, sits at the centre of a designated transit-oriented area under Bill 47. Within 200 metres of the station, municipalities must permit at least 20 storeys. From 200 to 400 metres, the minimum is 12 storeys. From 400 to 800 metres, it is 8 storeys. Minimum parking requirements cannot be imposed on new housing inside the ring.
For a buyer, this is the difference between a lot that is worth what the house on it is worth, and a lot that is worth what someone could eventually build on it. It also means the view from a unit near this station is less permanent than it looks. The main SkyTrain guide covers the tiers in full, and the SSMUH zoning guide explains how the separate Bill 44 multiplex rules interact with it.
A note on how I use this page
Station facts here are verified. The read on who an area suits is my professional opinion, and it does not replace pricing a specific address. Two units the same distance from this platform can be worth meaningfully different amounts depending on which street they face, what is approved next door, and how the building is run.