Burnaby Hospital area is a central Burnaby residential neighbourhood surrounding the Burnaby Hospital campus on Kaslo Street, featuring a mix of detached single-family homes, duplexes, and low-rise condos that benefit from strong transit access and central location. The neighbourhood is close to the Production Way SkyTrain station and the major commercial areas of Lake City Way and Lougheed Highway. Several parks and the Still Creek green corridor provide neighbourhood green space. The area attracts healthcare workers, families, and investors who value central Burnaby's accessibility to both the SkyTrain Millennium Line and the Lougheed commercial district. Central Burnaby real estate consistently offers better value per square foot than comparable Vancouver neighbourhoods.
| Period | Units Sold | Avg Sold Price | Avg DOM |
|---|---|---|---|
| December 2020 (this report) | 4 | $679,450 | 55d |
| November 2020 month prior | 3 +33.3% | $611,083 +11.2% | 113d -51.3% |
In December 2020, the Central BN, Burnaby condo real estate market is classified as a Balanced Market with an absorption rate of 12.1%. The market in Central BN, Burnaby is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.
Last Update: 06/03/2026 Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.