Burnaby – Government Road

7558 Government Rd, Burnaby, BC V5A 2C6, Canada

Government Road is an established residential neighbourhood of townhouses, condos and larger single family homes, many of them custom built. It is bounded by Lougheed Highway on the north and Burnaby Lake to the south, between Gaglardi Way in the east and Sperling Avenue to the west.

Neighbourhood amenities

The Government Road neighbourhood is located between Burnaby’s two large regional parks, the Burnaby Mountain Conservation Area and Burnaby Lake Regional Park. Both offer extensive networks of trails and magnificent viewpoints.
Burnaby Mountain is Metro Vancouver’s highest point south of the Burrard Inlet and is a lure for nature lovers, hikers and mountain bikers to escape the city only a few short minutes after parking the car. They are quickly rewarded with expansive views all the way to Vancouver Island and up Indian Arm to the Coast Mountains.
Burnaby Mountain Park, just below the summit, is literally a playground of the gods. That’s the name of the collection of wooden totems presented to the city by Japanese sculptors  Nuburi and Shusei Toko to commemorate Burnaby’s friendship with the Japanese city of Kobi. The park also features a rose garden and the renowned Horizons restaurant.
Burnaby Lake Regional Park surrounds a large urban lake that is a habitat for eagles, herons, ducks, beavers and turtles. It’s also a competitive rowing basin and recreational hub with numerous sports fields, two ice arena, an indoor swimming pool, tennis courts and even an archery range at its western end.
While there is some commercial retail along Winston Street, the neighbourhood is close to the booming Lougheed Town Centre area with its 125-store mall as well as numerous shops and services along North Road.

Schools

Transit

Two SkyTrain stations, Sperling-Burnaby Lake and Lake City Way, connect the Government Road neighbourhood to Vancouver and other communities along the commuter line. The neighbourhood is also handy to Highway 1 and the Lougheed Highway.

Government Road real estate

Government Road offers a diverse portfolio of real estate. There’s a mix of older and new condos, townhouses and single-family detached homes. Some of those homes are large custom-built houses on over-sized lots.


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Burnaby – Government Road Prices & Stats

Burnaby – Government Road House Prices

YearAverageHighLowMedian
20101,046,2581,688,000635,000910,000
20111,229,5922,973,000749,0001,008,000
20121,324,9832,260,000820,0001,200,000
20131,321,0572,739,000770,0001,098,000
20141,331,3532,700,000875,0001,196,000
20151,669,0693,110,0001,010,0001,537,500
20161,985,7434,200,0001,150,0001,851,387
20172,181,8584,400,0001,215,0002,060,000
20182,136,7653,710,0001,080,0001,832,500
20191,851,2383,850,0001,260,0001,603,000

Burnaby – Government Road Condo Prices

YearAverageHighLowMedian
2010279,067448,000161,500272,000
2011285,155425,000155,000283,000
2012267,422403,000151,000263,000
2013272,043395,000173,700257,500
2014281,323540,000164,250267,000
2015274,279450,000155,000276,000
2016353,022518,000200,000347,000
2017422,686628,800226,000419,000
2018496,485670,000360,000498,000
2019478,670760,000305,000462,500

Burnaby – Government Road Townhouse Prices

YearAverageHighLowMedian
2010478,600635,000295,000520,500
2011511,639695,000305,500528,000
2012468,463670,000338,000509,000
2013468,009668,000274,000483,250
2014474,167675,000299,000501,050
2015500,767818,800253,000513,500
2016721,3361,130,000330,000760,000
2017757,689976,000475,000798,000
2018740,884995,000430,000749,000
2019733,7721,005,000510,000775,000