Burnaby – Greentree Village

Greentree Village is a small enclave of single family homes and townhomes located between BCIT and the sprawling Forest Lawn Memorial Park. It is bordered by Wayburne and Royal Oak drives, Canada Way and the Deer Lake Parkway.

This is another great suburban neighbourhood to raise a family but at much more affordable price.

Neighbourhood amenities

Greentree Village is an established neighbourhood of quiet, tree-lined streets that is centrally-located to many of Burnaby’s considerable amenities.

For commuters, it’s a quick scoot onto Highway 1.

For nature and culture lovers, it’s adjacent to Deer Lake Park with its kilometres of easy walking trails surrounding eponymous Deer Lake where eagles soar, ducks skim the water and beavers climb the shore. The park is also Burnaby’s cultural hub with galleries and performance spaces in the Shadbolt Centre, the renowned Burnaby Art Gallery in historic Ceperley Mansion, a gently sloping festival lawn that hosts concerts through the summer and the Burnaby Village Museum, which recreates the city as it might have been in the 1920s.

For shoppers, Greentree Village is handy to the bustling Metrotown commercial district where three shopping malls side by side by side and smaller independent shops, restaurants and services line Kingsway. It’s also close to the booming Brentwood and SoLo districts which are undergoing tremendous development to bring even more shopping choice like an expansive Whole Foods grocery store.

 

Schools

  • BCIT (Post Secondary)

 

Transit

Bus routes run along the perimeter of the neighborhood and along Willingdon Avenue to connect to major Skytrain stations such as Brentwood and Metrotown. Its proximity to Highway 1 gives commuters an easy access route to Vancouver and other destinations in the Lower Mainland.

 

Greentree Village real estate

Greentree Village offers detached houses and townhomes for sales. Condo sales in the area are limited. Detached houses in this area have averaged in lower sale prices than other similar neighborhoods in South Burnaby.

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Greentree Village real estate Burnaby

House Market Stats

YearAvg PriceHighLowMedianAvg $/SFHighLowMedianAVG After 2000AVG Before 2000Avg DOMCount
2010$592,843 $845,000 $420,000 $540,000 $301$336$263$298$845,000 $550,817 597
2011$684,121 $738,000 $542,500 $729,305 $344$434$260$325n/a$684,121 115
2012$672,318 $1,135,000 $520,000 $643,000 $347$456$299$346$1,135,000 $626,050 2911
2013$641,667 $945,000 $531,000 $596,500 $336$381$273$336n/a$641,667 4112
2014$750,438 $850,000 $601,000 $773,750 $374$421$323$379n/a$750,438 118
2015$973,366 $1,665,000 $700,000 $875,500 $430$519$345$421$1,625,000 $843,039 1312
2016$1,705,719 $2,350,000 $938,000 $1,650,000 $635$1,568 $407$569$1,995,414$1,628,467 2419

Townhouse Market Stats

YearAvg PriceHighLowMedianAvg $/SFHighLowMedianAVG After 2000AVG Before 2000Avg DOMCount
2010$402,908 $490,000 $320,000 $407,500 $297$383$240$269n/a$402,908 4112
2011$449,917 $596,000 $315,000 $470,000 $290$375$227$283n/a$449,917 2517
2012$434,469 $563,000 $286,000 $449,500 $283$341$252$280n/a$434,469 3116
2013$409,409 $540,000 $225,000 $471,500 $282$322$222$279n/a$409,409 3311
2014$460,744 $579,000 $239,900 $475,000 $297$370$265$285n/a$460,744 4416
2015$443,985 $566,000 $239,500 $529,000 $324$339$302$328n/a$443,985 3213
2016$546,250$750,000$355,000$540,000$401$450$378$389n/a$546,25054

Burnaby – Greentree Village

4032-4296 Wayburne Dr, Burnaby, BC V5G, Canada