Metrotown Condo Market Outlook 2026
Metrotown is no longer just a mall; it is the designated downtown of Burnaby. As we move through 2026, the density is increasing, but so is the vibrancy. Is it too late to buy in?
Supply Wave vs. Absorption
Several major towers are completing in 2026. Historically, this might cause a temporary dip in rental prices or resale values due to a flood of inventory. However, the demand from international students and tech workers working in nearby commercial hubs is absorbing this supply at record rates.
The "Downtown" Premium
Metrotown condos are beginning to command a premium over other Burnaby neighbourhoods due to the "walkability score" of 100. Residents can access groceries, cinema, SkyTrain, and Central Park without crossing a major road.
Frequently Asked Questions
Everything you need to know about this topic. Can't find the answer you're looking for? Reach out to our team.
It is urban and busy. If you want quiet, look at the "forest side" facing Central Park rather than the mall side.
Yes, as they are prime candidates for future land assembly and redevelopment under the Metrotown Master Plan.