Burnaby – Cariboo

Trans-Canada Hwy Burnaby, BC V3N

Cariboo is a small neighbourhood south of Lougheed Town Centre that is bisected by the Trans Canada Highway. It is comprised mostly of older condos and newer townhouses.

Neighbourhood amenities

Cariboo may be nestled between the busy Trans Canada and Lougheed highways, but it’s well buffered by mature trees and established parks.
The neighbourhood is close to the shops and services of Lougheed Town Centre, a regional shopping mall that is being redeveloped into a vibrant urban centre. When it’s completed, the 40-acre master-planned project will include a refurbished mall, high street and 23 condo and commercial towers.
But Cariboo is never far from nature. Nearby Burnaby Lake regional park wraps around one of the city’s two ancient urban lakes that serve as a refuge for wildlife like migratory birds, eagles, cormorants and beavers, as well as a recreational playground for hikers and rowers. Trails and viewpoints completely surround the lake and offer dramatic views of Burnaby’s burgeoning skyline as well as the North Shore Mountains.
A short drive, or bike ride, away, the Burnaby Mountain Conservation Area is laced with forested trails for all levels of hikers or mountain bikers. The trails lead around and up the mountain to Simon Fraser University with its renowned architecture by Arthur Erickson and spectacular lookouts up the Burrard Inlet, Indian Arm, west to Vancouver and east to Mount Baker.

Schools

Transit

Cariboo is close to the Lougheed SkyTrain station where it’s possible to catch trains west towards Vancouver and east to Port Moody and Coquitlam on the new Evergreen extension. The Production station is also nearby, where buses connect to Simon Fraser University.
The neighbourhood’s proximity to Lougheed Highway and the Trans-Canada Highway also make it easy to get anywhere in the Lower Mainland by car.

Cariboo real estate

Much of the neighbourhood is comprised of older condos and established townhouse developments, Some newer townhouses have been built along Government Street in recent years.

Burnaby – Cariboo Prices & Stats

Burnaby – Cariboo Condo Prices

YearAverageHighLowMedian
2010781,7741,098,000525,000698,000
2011846,2131,273,500583,900748,750
2012867,6951,340,000585,500787,500
2013840,5041,268,000640,000785,000
2014967,0751,360,000624,800923,500
20151,108,7991,658,000659,0001,058,000
20161,531,1312,200,000880,0001,360,550
20171,548,9542,280,0001,100,0001,459,000
20181,565,6662,480,0001,165,0001,369,500
20191,427,4632,155,000998,0001,238,800

Burnaby – Cariboo Townhouse Prices

YearAverageHighLowMedian
2010522,287620,000473,000522,000
2011539,007630,000471,000535,000
2012555,846660,000455,000540,000
2013562,210688,000460,000562,000
2014584,383662,000475,000585,000
2015649,146830,000480,000645,000
2016792,3891,095,000645,000776,000
2017872,3641,060,000742,500866,500
2018914,0991,265,000743,000884,500
2019837,312980,000730,000842,000