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Renanza Realty
Burnaby · Neighbourhood

Lougheed Real Estate

Explore homes and condos for sale in Lougheed, one of Burnaby's neighbourhoods. Live MLS® listings, updated continuously, plus a direct line to a Renanza agent who knows the area.

Market snapshot

The Lougheed market right now

Lougheed currently has 193 active listings. Most homes for sale are priced between $450K and $1.94M, with a median around $650K. Condos and apartments make up the largest share of the market.

193
Active listings
193
For sale
$650K
Median list price
$450K–$1.94M
Typical range
$741
Median price / sq ft
62
Median days listed
20
New in last 7 days
2008
Median year built

Lougheed prices by bedrooms

BedroomsActive listingsMedian asking price
149$528K
275$639K
341$899K
4+27$2.15M

Figures reflect current active MLS® listings and update as the market moves.

Neighbourhood guide

Living in Lougheed

Lougheed is a regional town centre in northeast Burnaby built around the City of Lougheed shopping mall, formerly Lougheed Town Centre, and a major SkyTrain interchange at the Coquitlam border.

Location & boundaries

It centres on Lougheed Highway and Austin Road in northeast Burnaby, on the boundary with West Coquitlam, an area colloquially called Burquitlam.

History

Lougheed Town Centre Station opened in 2002, and the adjacent mall is being progressively redeveloped into the mixed-use City of Lougheed, adding new homes, shops and public space.

Housing & property types

The area is seeing a rising concentration of highrise condominium and rental towers alongside the retained shopping centre.

Shopping & dining

The City of Lougheed mall, formerly Lougheed Town Centre, is the retail anchor.

Getting around

Lougheed Town Centre Station is a transfer point between the Expo Line and Millennium Line, with bus connections and access via Lougheed Highway and North Road.

Who it may suit

May suit buyers wanting highrise living at a major transit interchange.

Sources: en.wikipedia.org, dailyhive.com

Neighbourhood snapshot — Burnaby

Statistics Canada, 2021 Census of Population for Burnaby, City (CY) [Census subdivision], British Columbia. These figures describe the city as a whole, not this specific address — useful context, not a substitute for local knowledge. View source

Population

249,125

Total population

+7%

Growth since 2016

40.4

Median age

Income

$83,000

Median household income

Household

2.4

Avg. household size

29.2%

Live alone

59.8%

Families w/ kids

Housing

60.5%

Owned

39.5%

Rented

$980,000

Median dwelling value

Apartment69.4%
Single-detached house18.9%
Row house / townhouse8.7%
Other3.0%

Education

Highest credential, ages 25–64

Bachelor's degree or higher47.2%
Trades or college diploma26.6%
High school diploma20.4%
No certificate, diploma or degree5.8%

Commute

How residents get to work

Car, truck or van71.0%
Public transit21.6%
Walked4.7%
Bicycle0.9%
Other1.8%

Languages

Mother tongue, top responses

English41.5%
Mandarin13.7%
Cantonese12.1%
Korean3.3%
Tagalog3.0%

Buying a home in Lougheed

BC's 2023 small-scale multi-unit housing legislation now allows three to four units on most single-family lots in larger municipalities, which is reshaping what detached lots are worth. Check the lot's current zoning with the municipality, and get a home inspection and a title search before removing subjects.

Budget for BC's property transfer tax on top of the price — it's charged on the purchase and first-time buyers and new builds may qualify for exemptions. See our BC & Alberta closing costs checklist.

Common questions

Frequently asked

If yours isn't here, ask us directly — we'd rather answer it now.

How much does a home cost in Lougheed?

The median asking price for homes currently for sale in Lougheed is about $650,000, and most are listed between $450,000 and $1,940,000. These figures come from active MLS® listings and move with the market.

How many homes are for sale in Lougheed right now?

There are 193 active listings on this page's search, 20 of them new in the last 7 days. Listings are updated continuously from the MLS®.

How much is a 3-bedroom home in Lougheed?

Median asking prices by bedroom count in Lougheed right now — 1 bedroom: about $528,000; 2 bedrooms: about $639,000; 3 bedrooms: about $899,000; 4+ bedrooms: about $2,148,000. Based on 192 active listings.

What is the price per square foot for homes in Lougheed?

The median asking price per square foot of living area is about $741 across homes currently listed in Lougheed. Location, age and building type move this a lot, so compare within a neighbourhood.

How long have homes in Lougheed been on the market?

The typical active listing here first came on the market about 62 days ago. That's days listed so far, not time to sell, but a long figure usually signals more room to negotiate.

Can non-Canadians buy a home in Lougheed?

Generally not right now. Since January 1, 2023, the federal Prohibition on the Purchase of Residential Property by Non-Canadians Act has barred most non-Canadians from buying residential property, with exceptions such as permanent residents and some work-permit holders. The ban has been extended before, so confirm its current status and get legal advice on your situation.

Thinking about Lougheed?

Tell us what you're after in Lougheed and we'll send matching listings the moment they hit the market.