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Government Road, Burnaby Condos for Sale Under $500K

There are currently 6 condos for sale in Government Road, Burnaby priced Under $500K. The median asking price is $467,000, averaging $570/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+)
↔ Balanced Market
6
Active Listings
1
Sold (30 days)
16.7%
Sales Ratio
Balanced Market
$467K
Median List Price
$570
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 Balanced Market with a 16.7% sales ratio — 1 homes sold against 6 active listings in the past 30 days. The median asking price is $467,000 ($570/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 6 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 Balanced Market. With a 16.7% sales ratio, supply and demand are roughly balanced — both buyers and sellers have reasonable negotiating positions. 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 $467,000. The average price per sqft is $570. 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 6 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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