Burnaby – Burnaby Hospital

The area around Burnaby Hospital is an up-and-coming neighbourhood that is centrally located to major healthcare, technology and education employers. It’s also close to shopping, schools and parks. It is located south of Highway 1 to Moscrop, between Willingdon and Boundary roads.

Neighbourhood Amenities

The focal point of the neighbourhood is, of course, Burnaby Hospital, one of the largest hospitals outside of Vancouver. But in recent years major high tech employers like EA Sports, Kodak and Schneider Electric have moved into the area, taking advantage of talent graduating from the nearby British Columbia Institute of Technology.

The neighbourhood offers a mix of housing, from smaller, mid-century bungalows to larger custom homes to a growing supply of townhouses and condos.

There’s a small commercial strip of independent shops and services near the hospital, but the neighbourhood is close to Burnaby’s Metrotown and Brentwood shopping malls. To get away from the hustle and bustle of city life, Central Park and Deer Lake Park are also nearby; both offer kilometres of forested walking trails and well as recreational and cultural facilities.

 

Schools

 

Transit

There is a major bus route that runs along Willingdon Ave transferring commuters between Metrotown and Brentwood Station. The Number 1 Highway is also easily accessible via Willingdon Ave.

 

Burnaby Hospital Real Estate

Burnaby Hospital Area provides diverse residential real estate. There are detached houses, townhouses, apartments and condos for sale in this neighborhood. However, condos for sale in this area have been limited especially new developments. Townhouses and detached houses make up the majority of the market in the Burnaby Hospital Area.

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Burnaby Hospital real estate

House Market Stats

YearAvg PriceHighLowMedianAvg $/SFHighLowMedianAVG After 2000AVG Before 2000Avg DOMCount
2010$834,428 $1,390,000 $555,000 $800,000 $341$519$229$335$1,040,900 $794,786 2933
2011$926,221 $1,400,000 $575,000 $894,500 $402$956$268$380$1,167,815 $902,762 3442
2012$973,038 $1,385,000 $725,000 $921,000 $446$1,036 $196$409$1,026,500 $989,579 5026
2013$947,722 $1,510,000 $545,000 $951,094 $438$757$308$430$1,198,865 $897,367 4236
2014$1,086,213 $1,820,000 $600,000 $1,010,000 $431$630$267$426$1,479,602 $965,735 4241
2015$1,378,594 $2,145,000 $830,000 $1,340,000 $520$1,100 $225$494$1,525,977 $1,257,142 3448
2016$1,754,529 $2,830,000 $1,210,000 $1,666,000 $744$1,137 $388$706$1,963,000$1,640,818 1317

Condo Market Stats

YearAvg PriceHighLowMedianAvg $/SFHighLowMedianAVG After 2000AVG Before 2000Avg DOMCount
2010$248,000 $275,000 $221,000 $248,000 $307$309$305$307n/a$248,000 122
2011$353,936 $443,000 $264,000 $372,500 $374$432$299$408n/a$353,936 687
2012$335,500 $420,000 $228,000 $347,500 $357$404$299$364n/a$335,500 8010
2013$368,083 $551,000 $251,000 $352,500 $337$363$303$339n/a$368,083 7112
2014$360,033 $445,000 $256,000 $332,250 $353$392$278$353n/a$360,033 5412
2015$421,900 $773,000 $175,000 $365,000 $448$826$277$398$624,000 $376,989 2711
2016$229,000$365,000$150,000$172,000$290$406$216$248n/a$229,0001473

Townhouse Market Stats

YearAvg PriceHighLowMedianAvg $/SFHighLowMedianAVG After 2000AVG Before 2000Avg DOMCount
2010$508,833 $539,900 $461,500 $519,900 $422$499$333$382$532,275 $508,833 6161
2011$503,250 $562,000 $456,000 $497,500 $418$538$364$385$562,000 $503,250 3636
2012$468,083 $585,000 $318,000 $525,250 $414$553$306$412$546,000 $468,083 2525
2013$480,367 $550,000 $322,000 $520,000 $383$497$289$400$536,767 $480,367 5959
2014$582,629 $599,888 $570,000 $578,000 $396$554$315$318$599,888 $582,629 2424
2015$568,167 $866,800 $467,200 $542,500 $372$671$283$329$866,800 $541,018 3712
2016$714,800$862,000$585,000$727,000$478$508$440$484n/a$714,800175

Burnaby – Burnaby Hospital

4225 Kincaid St, Burnaby, BC V5G, Canada