A real estate bargain in Burnaby isn’t always just about how low the price is.
In this mid-month roundup of Burnaby’s bargain listings by roomvu, these are listed well below government assessed value, are under $1 million, and fresh on the market.
article continues below
Trending Stories
It’s the cream of the crop of home deals.
How it works is the B.C. government analyzes and gives a price based on each property’s factors like size, layout, shape, age, neighbourhood, the condition of the property and more.
When listing prices appear lower than as compared to government value, these incredible value-for-money homes set off alarm bells, demanding to be seen and bought.
The first one on the list, for example, is listed at 20% below assessed value.
So here the bargains listed between Nov. 1-17 in Burnaby:
This is a 2 bedrooms, 2 bathroom Condo is listed for sale by agent Victor Beiof Royal Pacific Realty (Kingsway) Ltd. . They are asking $629900 while the assessed value for this property is $789000 .
This property features:
Fulton House By Polygon is located in a quiet area of Brentwood in North Burnaby but near the Brand-new Brentwood town center and sky train station. This south facing unit has plenty of light, great floor plan that includes 2 bedrooms and 2 bathrooms area side from each other. Custom cabinetry, 5 burner gas cook top, as well as gas stove, A convenient island in the gourmet kitchen. The larger balcony with panoramic view all the way to the Metrotown is also a plus. The Fulton Club features a 28000 sqft fitness area, yoga studio, outdoor pool, hot tub, sauna, lough, BBQ and more. It has everything you wish for, come check it out. Price to sell.
This is a 2 bedrooms, 2 bathroom Condo is listed for sale by agent Zoe Yuan PREC*of Pacific Evergreen Realty Ltd. . They are asking $899000 while the assessed value for this property is $1008000 .
This property features:
luxurious high-rise living built by polygon in Metrotown centre location. two bedroom plus den with two full bathroom and two big balconies corner unit has perfect 270 degree views as mountain, city and lake.
This is a 2 bedrooms, 2 bathroom Condo is listed for sale by agent Nancy Wei PREC*of Royal Pacific Realty Corp. They are asking $845900 while the assessed value for this property is $914000 .
This property features:
Fulton House by Polygon in Brentwood Mall area, Southeast facing corner unit features 2 bedrooms,2bathrooms with gorgeous view. High ceilings in living areas. Gourmet kitchens features gleaming engineered stone countertops, S/S appliances and a functional central island. Enjoy a resort-inspired swimming pool and hot tub, Steps to restaurants, shoppings, theatre and more. A few minutes walk to skytrain station. Bright corner unit with unobstructed views east from one patio and south from the other patio. City view- Brentwood and Metrotown; Mountain view- SFU and Mt. Baker. Large parking spot by the elevator Upgraded closets 1 locker; Large storage.
This is a 2 bedrooms, 3 bathroom Condo is listed for sale by agent Frederick Moyof Sutton Centre Realty . They are asking $749900 while the assessed value for this property is $809000 .
This property features:
Welcome to Parkview townhouse development located in the popular yet private Burnaby Hospital/Cascade heights location. Situated next to Broadview Park at the end of the cul de sac, Parkview is for those who enjoy their privacy yet still have the amenities, elementary & high schools all close to home. 18 strata titled homes in a 1 & 2 level configuration, 9′ ceilings in the main living area, SS appliance package, private H/W tank, R/I alarm system, electric fire place and a lively bright decor that highlights the entire home. This incredibly well laid out 2 level home is townhouse living at its finest & facing quiet Dominion St. Ready to move in today and available for showings at any time with reasonable notice.
This is a 1 bedrooms, 1 bathroom Condo is listed for sale by agent Diana Amorosoof Sutton Group-West Coast Realty. They are asking $488800 while the assessed value for this property is $511000.
This property features:
Look no further, prestigious SILHOUETTE. Perfectly nestled between Burnaby and the Coquitlam border. Close to transit including Skytrain, shopping, golf course, restaurants and much more. This is the perfect unit from the stunning180* views that can be enjoyed from the lovely west facing balcony to the open concept layout with kitchen and breakfast island overlooking large dining and living room. Bedroom is spacious and offers slider doors to balcony and cheater ensuite. Unit offers one parking and one storage locker. Amenities include; gym, club house, caretaker and a guest suite. Contact Listing Agent for more information. Open House Nov 8th 1:00pm to 2:00pm.
MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.
Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.
Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.
She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.
The two brokers were suspended in May 2023 after La Presse published an article about their practices.
One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.
This report by The Canadian Press was first published Sept. 11, 2024.
MONTREAL – The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 9.3 per cent in August compared with the same month last year, with levels slightly higher than the historical average for this time of year.
The association says home sales in the region totalled 2,991 for the month, up from 2,737 in August 2023.
The median price for all housing types was up year-over-year, led by a six per cent increase for the price of a plex at $763,000 last month.
The median price for a single-family home rose 5.2 per cent to $590,000 and the median price for a condominium rose 4.4 per cent to $407,100.
QPAREB market analysis director Charles Brant says the strength of the Montreal resale market contrasts with declines in many other Canadian cities struggling with higher levels of household debt, lower savings and diminishing purchasing power.
Active listings for August jumped 18 per cent compared with a year earlier to 17,200, while new listings rose 1.7 per cent to 4,840.
This report by The Canadian Press was first published Sept. 6, 2024.
In the quest to find cities where renters can enjoy the best of all worlds, a recent study analyzed 24 metrics across three key categories—Housing & Economy, Quality of Life, and Community. The study ranked the 100 largest cities in Canada to determine which ones offer the most to their renters.
Here are the top 10 cities that emerged as the best for renters in 2024:
St. John’s, NL
St. John’s, Newfoundland and Labrador, stand out as the top city for renters in Canada for 2024. Known for its vibrant cultural scene, stunning natural beauty, and welcoming community, St. John’s offers an exceptional quality of life. The city boasts affordable housing, a robust economy, and low unemployment rates, making it an attractive option for those seeking a balanced and enriching living experience. Its rich history, picturesque harbour, and dynamic arts scene further enhance its appeal, ensuring that renters can enjoy both comfort and excitement in this charming coastal city.
Sherbrooke, QC
Sherbrooke, Quebec, emerges as a leading city for renters in Canada for 2024, offering a blend of affordability and quality of life. Nestled in the heart of the Eastern Townships, Sherbrooke is known for its picturesque landscapes, vibrant cultural scene, and strong community spirit. The city provides affordable rental options, low living costs, and a thriving local economy, making it an ideal destination for those seeking both comfort and economic stability. With its rich history, numerous parks, and dynamic arts and education sectors, Sherbrooke presents an inviting environment for renters looking for a well-rounded lifestyle.
Québec City, QC
Québec City, the capital of Quebec, stands out as a premier destination for renters in Canada for 2024. Known for its rich history, stunning architecture, and vibrant cultural heritage, this city offers an exceptional quality of life. Renters benefit from affordable housing, excellent public services, and a robust economy. The city’s charming streets, historic sites, and diverse culinary scene provide a unique living experience. With top-notch education institutions, numerous parks, and a strong sense of community, Québec City is an ideal choice for those seeking a dynamic and fulfilling lifestyle.
Trois-Rivières, QC
Trois-Rivières, nestled between Montreal and Quebec City, emerges as a top choice for renters in Canada. This historic city, known for its picturesque riverside views and rich cultural scene, offers an appealing blend of affordability and quality of life. Renters in Trois-Rivières enjoy reasonable housing costs, a low unemployment rate, and a vibrant community atmosphere. The city’s well-preserved historic sites, bustling arts community, and excellent educational institutions make it an attractive destination for those seeking a balanced and enriching lifestyle.
Saguenay, QC
Saguenay, located in the stunning Saguenay–Lac-Saint-Jean region of Quebec, is a prime destination for renters seeking affordable living amidst breathtaking natural beauty. Known for its picturesque fjords and vibrant cultural scene, Saguenay offers residents a high quality of life with lower housing costs compared to major urban centers. The city boasts a strong sense of community, excellent recreational opportunities, and a growing economy. For those looking to combine affordability with a rich cultural and natural environment, Saguenay stands out as an ideal choice.
Granby, QC
Granby, nestled in the heart of Quebec’s Eastern Townships, offers renters a delightful blend of small-town charm and ample opportunities. Known for its beautiful parks, vibrant cultural scene, and family-friendly environment, Granby provides an exceptional quality of life. The city’s affordable housing market and strong sense of community make it an attractive option for those seeking a peaceful yet dynamic place to live. With its renowned zoo, bustling downtown, and numerous outdoor activities, Granby is a hidden gem that caters to a diverse range of lifestyles.
Fredericton, NB
Fredericton, the capital city of New Brunswick, offers renters a harmonious blend of historical charm and modern amenities. Known for its vibrant arts scene, beautiful riverfront, and welcoming community, Fredericton provides an excellent quality of life. The city boasts affordable housing options, scenic parks, and a strong educational presence with institutions like the University of New Brunswick. Its rich cultural heritage, coupled with a thriving local economy, makes Fredericton an attractive destination for those seeking a balanced and fulfilling lifestyle.
Saint John, NB
Saint John, New Brunswick’s largest city, is a coastal gem known for its stunning waterfront and rich heritage. Nestled on the Bay of Fundy, it offers renters an affordable cost of living with a unique blend of historic architecture and modern conveniences. The city’s vibrant uptown area is bustling with shops, restaurants, and cultural attractions, while its scenic parks and outdoor spaces provide ample opportunities for recreation. Saint John’s strong sense of community and economic growth make it an inviting place for those looking to enjoy both urban and natural beauty.
Saint-Hyacinthe, QC
Saint-Hyacinthe, located in the Montérégie region of Quebec, is a vibrant city known for its strong agricultural roots and innovative spirit. Often referred to as the “Agricultural Technopolis,” it is home to numerous research centers and educational institutions. Renters in Saint-Hyacinthe benefit from a high quality of life with access to excellent local amenities, including parks, cultural events, and a thriving local food scene. The city’s affordable housing and close-knit community atmosphere make it an attractive option for those seeking a balanced and enriching lifestyle.
Lévis, QC
Lévis, located on the southern shore of the St. Lawrence River across from Quebec City, offers a unique blend of historical charm and modern conveniences. Known for its picturesque views and well-preserved heritage sites, Lévis is a city where history meets contemporary living. Residents enjoy a high quality of life with excellent public services, green spaces, and cultural activities. The city’s affordable housing options and strong sense of community make it a desirable place for renters looking for both tranquility and easy access to urban amenities.
This category looked at factors such as average rent, housing costs, rental availability, and unemployment rates. Québec stood out with 10 cities ranking at the top, demonstrating strong economic stability and affordable housing options, which are critical for renters looking for cost-effective living conditions.
Québec again led the pack in this category, with five cities in the top 10. Ontario followed closely with three cities. British Columbia excelled in walkability, with four cities achieving the highest walk scores, while Caledon topped the list for its extensive green spaces. These factors contribute significantly to the overall quality of life, making these cities attractive for renters.
Victoria, BC, emerged as the leader in this category due to its rich array of restaurants, museums, and educational institutions, offering a vibrant community life. St. John’s, NL, and Vancouver, BC, also ranked highly. Québec City, QC, and Lévis, QC, scored the highest in life satisfaction, reflecting a strong sense of community and well-being. Additionally, Saskatoon, SK, and Oshawa, ON, were noted for having residents with lower stress levels.
For a comprehensive view of the rankings and detailed interactive visuals, you can visit the full study by Point2Homes.
While no city can provide a perfect living experience for every renter, the cities highlighted in this study come remarkably close by excelling in key areas such as housing affordability, quality of life, and community engagement. These findings offer valuable insights for renters seeking the best places to live in Canada in 2024.
