Lougheed Town Centre Real Estate — Burnaby, BC
Two-line SkyTrain interchange and presale-tower hub. I'm Dan Marusin PREC at Renanza Realty — the page below is the read I give my own Burnaby clients before they tour.
Lougheed Town Centre at a glance
Lougheed Town Centre is the second major SkyTrain interchange in Burnaby — both the Millennium Line and Expo Line meet here. The City in the Park master-planned tower development is the demand engine, with 25–60 storey concrete towers replacing the original Lougheed Mall footprint over a multi-decade build-out. The neighbourhood includes the rebuilt Lougheed Town Centre mall, Cameron Library, and access to Burnaby Mountain and SFU.
Vibe: Two-line transit · Presale tower · Family-friendly mix · Master-planned
Typical 2026 prices
| Townhouse | $980K – $1.35M |
| Condo / Apartment | $640K – $1.1M |
Directional ranges from MLS HPI and recent comparable sales. Not appraisal values. Get a precise CMA from Dan.
Housing typology
Concrete tower condos within City in the Park; mid-rise condos and walk-ups along North Road; detached on the Coquitlam side of North Road.
Ideal Lougheed Town Centre buyer
Presale and first-end-user condo buyers, SFU faculty/students, and long-hold investors targeting two-line transit access.
Market dynamics
Lougheed Town Centre 2026 prices vs the Lower Mainland
How Lougheed Town Centre stacks up against the broader Greater Vancouver + Fraser Valley HPI benchmark. Bars are scaled directly from current MLS HPI data and recent comparable sales — they tell you whether Lougheed Town Centre is a value play, a parity market, or a premium pocket relative to the wider region.
LM benchmark = blended Greater Vancouver + Fraser Valley HPI as of April 2026 (detached ~$1,950,000 · townhouse ~$1,080,000 · condo ~$770,000). Lougheed Town Centre bars represent the lower end of typical sale prices — premium properties trade above. Source: REBGV / FVREB MLS HPI + recent comparable sales.
Transit & commute
Lougheed Town Centre Expo + Millennium Line interchange.
Schools & catchments
- Burnaby Mountain Secondary
- Cameron Elementary
- Sperling Elementary
Catchments change. Always verify your specific address with the school district.
Should you buy in Lougheed Town Centre?
✓ Strengths
- Two SkyTrain lines + interchange
- Newest master-planned tower inventory in northeast Burnaby
- Burnaby Mountain Secondary catchment
- Direct SFU + downtown commute
⚠ Things to check
- Active multi-decade construction zone
- Strata fees in City in the Park towers are climbing
- Some Cameron pocket walk-ups facing envelope renewal
Investor snapshot
Lougheed Town Centre rental yields & investor angle
Rough gross yield ranges based on typical CMHC market rents in the Burnaby CMA and the lower end of Lougheed Town Centre purchase prices. Real numbers shift with strata fees, vacancy, financing, and property tax — I run a full pro-forma before we make any offer.
| Property type | Purchase (low) | Typical rent | Gross yield range |
|---|---|---|---|
| Townhouse | $980K – $1.35M | $3,200-4,200/mo | 3.92% – 5.14% |
| Condo (1-bed) | $640K – $1.1M | $2,200-2,800/mo | 4.13% – 5.25% |
Gross yield = annual rent ÷ purchase price. Net yields after strata, taxes, vacancy, repairs, and financing typically run 1.5-2.5 percentage points lower. I model the BC tax stack (Speculation Tax, Empty Homes Tax, Property Transfer Tax, capital gains, and the new BC Home Flipping Tax) for every investor file.
Where to look in Lougheed Town Centre
Streets and corridors I keep an eye on for Lougheed Town Centre clients:
Looking at a Lougheed Town Centre lot for redevelopment?
Bill 44 SSMUH, Bill 47 TOD, and the Burnaby OCP overlay all stack differently depending on lot width, lane access, and tree retention. I model actual buildable sqft and pro-forma before any "redevelopment" purchase — happy to run yours.
Pipeline
Recent & upcoming developments in Burnaby
Burnaby continues to densify around its town-centre and transit corridors under the new BC housing legislation framework. These projects directly impact Lougheed Town Centre valuation, supply, and infrastructure load over the next 5-10 years.
Side-by-side
Lougheed Town Centre vs nearby Burnaby neighbourhoods
Quick benchmark of Lougheed Town Centre against the closest comparable Burnaby pockets I cover. Use this to triangulate where your budget gets you the best fit.
| Neighbourhood | Detached | Townhouse | Condo | Vibe |
|---|---|---|---|---|
| Lougheed Town Centre YOU ARE HERE | — | $980K – $1.35M | $640K – $1.1M | Two-line transit, Presale tower |
| Brentwood | $2M – $2.6M | $1.05M – $1.45M | $700K – $1.2M | Transit-driven, Tower district |
| Metrotown | — | $980K – $1.3M | $640K – $1.1M | High-density, Transit-driven |
| Capitol Hill | $2.2M – $3.4M | — | — | View-rich, Family-detached |
FAQ
Lougheed Town Centre real estate questions
How is Lougheed different from Brentwood?
Brentwood centres on a Millennium-Line-only station and is more retail-driven (Amazing Brentwood mall + dining). Lougheed is a two-line interchange and is more transit-utility-driven — it serves SFU, downtown, and Coquitlam commuters simultaneously. Lougheed condo pricing typically lags Brentwood by ~5–10% per square foot for similar-vintage product.
Free home evaluation in Lougheed Town Centre
I'll prepare a hand-built CMA for your Lougheed Town Centre address using the most recent MLS sales — typically returned within 24 hours.
No spam, no obligation. Submitted via Formspree.
Other Burnaby neighbourhoods
Compare Lougheed Town Centre against the other pockets I cover in Burnaby.