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Government Road, Burnaby Condos for Sale Under $500K

There are currently 5 condos for sale in Government Road, Burnaby priced Under $500K. The median asking price is $489,000, averaging $568/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.

All With Suite With Basement New Construction 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed Under $500K Under $800K Under $1M $1M–$2M Over $2M $2M–$3M Luxury ($3M+)
↑ Seller's Market
5
Active Listings
1
Sold (30 days)
20%
Sales Ratio
Seller's Market
$489K
Median List Price
$568
Avg $/sqft
98
Avg Days on Market
Sale-to-List Ratio & Sold Prices
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The condos priced under $500k market in Government Road, Burnaby is currently a Seller's Market with a 20% sales ratio — 1 homes sold against 5 active listings in the past 30 days. The median asking price is $489,000 ($568/sqft). Properties are selling slowly, averaging 98 days on the market.
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Frequently Asked Questions — Government Road, Burnaby

How many condos priced under $500k are for sale in Government Road, Burnaby? ▼
There are currently 5 condos priced under $500k listed for sale in Government Road, Burnaby. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for condos in Government Road, Burnaby? ▼
It is currently a Seller's Market. With a 20% sales ratio, demand is outpacing supply — condos are moving quickly and sellers have the upper hand in negotiations. See the full Burnaby Condos market report for monthly trends.
What is the median price of condos in Government Road, Burnaby? ▼
The median asking price for condos in Government Road, Burnaby is $489,000. The average price per sqft is $568. See the full Burnaby Condos market report for monthly trends.
How long do condos take to sell in Government Road, Burnaby? ▼
Condos in Government Road, Burnaby are averaging 98 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are there good condos priced under $500k in Government Road, Burnaby? ▼
Yes — there are currently 5 condos priced under $500k available in Government Road, Burnaby. Use the filters above to narrow by bedrooms, bathrooms, or features like suites and basements.

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