Metrotown pre-sales is what this page is all about. Please note – all Metrotown presale condo projects on the map and grid above are current for 2024 & updated weekly.
Metrotown Pre-Sales Abound
Metrotown Overview
Located in Burnaby, British Columbia, Canada the area is named for Metrotown Mall which extends along the south side of Kingsway from Willingdon east to Nelson. The area of Burnaby Metrotown is located in and around Burnaby south from Dover and Grange to Imperial and from Royal Oak west to Boundary Road.
The area has experienced significant development recently, with numerous high-rise residential buildings offering modern living spaces. Metrotown offers diverse housing options, including apartments, condos, townhouses, and single-family homes.
Metrotown new developments are popping up every week and there is a wide selection of options available. Metrotown new preconstruction tend to be larger concrete towers with air conditioning with views of the mountains to the north, west and east, and the Fraser River to the south with distant ocean and Downtown Vancouver views. (more on this below)
Some examples of this type Metrotown preconstruction projects are Green House by Concord Pacific or Citizen by Anthem. These Metrotown pre construction condos tend to be luxury offerings as developers need to maximize their returns due to the high cost of land in the area.
History of Metrotown
The area’s history dates back to the early 20th century when it was primarily a residential district with a few scattered businesses.
In the 1950s, the district began to transform with the construction of the Metrotown Shopping Centre, which was initially a collection of small shops. The shopping centre’s success led to further development, and by the 1970s, it had grown into a significant commercial hub.
Skytrain & Metrotown Pre-Sales Create a New Urban Hub
The real transformation of Metrotown began in the 1980s when the City of Burnaby designated it as a town centre, leading to a surge in high-rise pre-sale residential and commercial developments. The opening of the SkyTrain’s Expo Line with Metrotown Station in 1985 further boosted Metrotown’s growth, making it a major transportation hub and attracting more businesses and residents to the area.
Today, Metrotown is Burnaby’s downtown, home to the largest shopping centre in British Columbia, Metropolis at Metrotown, and a plethora of residential buildings, offices, and recreational facilities. It’s a vibrant, bustling urban centre that continues to grow and evolve.
The future of Metrotown looks promising. The City of Burnaby’s Metrotown Downtown Plan envisions Metrotown as a more vibrant, sustainable, and inclusive downtown, with improved public spaces, transportation, and housing options. The plan also emphasizes the importance of creating a “complete community” with a mix of uses and amenities, a variety of housing types, and a high-quality public realm.
Metrotown’s rich history, vibrant atmosphere, and diverse amenities make it a unique urban centre in Burnaby. As it continues to grow and evolve, it remains a desirable place to live, work, and play.
Views to Expect from Metrotown New Condo Developments
Metrotown is located in South Burnaby and due to the fact it is situated along a ridge that roughly follows Kingsway, many new and presale condos in Metrotown on upper levels will have very good views in all directions if Metro Vancouver and beyond.
The upper north exposure units at Metrotown new condo developments will have views of Deer Lake, Burnaby Lake, North Burnaby with the new condos in Brentwood, North Vancouver, the North Shore mountains.
To the west, upper level condos will have views of Central Park, Downtown Vancouver, Vancouver, English Bay, the North Shore mountains, and Georgia Strait and Vancouver Island in the distance.
Southern exposure upper level new condos in Metrotown will have views of South Burnaby, Richmond, Delta, Tsawwassen, Boundary Bay, as well as Georgia Strait and Vancouver Island in the distance.
To the east, expect views of the Tri-Cities, Surrey, The Fraser Valley, Golden Ears, Mount Baker, and the Coast Range.
Please note, the road grid in Metrotown does not always go along the compass points so expect some floor plans to have a mix of these views. of the best views in Burnaby north is usually the best and most desirable.
Metrotown Pre-Sales FAQ
1. What is Metrotown known for?
Metrotown is known for its bustling atmosphere and diverse range of amenities. It’s home to the largest shopping centre in British Columbia, Metropolis at Metrotown, which houses over 450 stores. The area also offers a variety of housing options, including apartments, condominiums, townhouses, and single-family homes.
2. How did Metrotown get its name?
Metrotown got its name from the Metrotown Shopping Centre, which was one of the first developments in the area. The name was later adopted for the entire district when the City of Burnaby designated it as a town centre.
3. What is a presale condo?
A presale or preconstruction condo is a property that is available for purchase before the condo development has been constructed. Buyers purchase the condo based on the floor plans and a show suite. Please have a look at our page on what is a presale condo for more details.
4. What are the benefits of buying a presale condo in Metrotown?
Buying a preconstruction condo in Metrotown offers several benefits. Buyers can often customize their units, choosing finishes and layouts to suit their preferences. Metrotown new build homes have historically appreciated quite well offering potential for significant appreciation once the building is completed.
5. What transportation options are available in Metrotown?
Metrotown is a major transportation hub in Burnaby. The Metrotown SkyTrain station provides convenient access to various parts of Greater Vancouver. Additionally, several bus routes operate in the area, offering additional transportation options.
6. What recreational facilities are available in Metrotown?
Metrotown offers a variety of recreational facilities. Central Park, located nearby, features sports fields, a swimming pool, a pitch and putt golf course, and walking trails. The area is also home to the Burnaby Public Library and the Bonsor Recreation Complex, which offers a pool, gym, and various fitness classes.
7. What is the future of Metrotown?
The future of Metrotown looks promising. The City of Burnaby’s Metrotown Downtown Plan envisions Metrotown as a more vibrant, sustainable, and inclusive downtown, with improved public spaces, transportation, and housing options. The plan also emphasizes the importance of creating a “complete community” with a mix of uses and amenities, a variety of housing types, and a high-quality public realm.
8. Are there any risks involved in buying a presale?
Yes, there are risks involved in buying presales. These include potential construction delays, changes in the real estate market during the construction period, and the possibility that the finished condo may not meet the buyer’s expectations.
9. How can I find out about new presale condo projects in Metrotown?
Websites like Vancouver New Condos provide up-to-date information on new presale condo projects in Metrotown and other areas. They offer details on pricing, floor plans, and previews before anyone else.
10. What should I consider before buying a new construction condo in Metrotown?
Before buying a new construction condo in Metrotown, consider factors such as the reputation of the developer, the location of the project, the potential for appreciation, and your financial situation. It’s also recommended to seek legal advice before signing a presale contract.
Metrotown’s presale condo market offers exciting opportunities for homebuyers and investors. With its vibrant atmosphere, diverse amenities, and promising real estate market, Metrotown continues to be a desirable place to live and invest in.
11. Is the Population of Metrotown Growing?
Yes.
The population of Burnaby as a whole has increased from 232,755 in 2016 to 249,125 in 2021 for a 7% gain in population. The population gain for this area does not have specific data, but it is safe to say with the large number of Metrotown new development condos being built in the area, that this areas population is growing at a faster rate than Burnaby overall.
All the major developers as well as new an up and coming companies are active in building Metrotown new construction condos. Concord Pacific will be launching Greenhouse soon and has several other projects in the area. Anthem Properties has Citizen and Bosa currently has several projects on the go in the area. See above for the most recent new condos in Metrotown. Here is list of developers many of are active in the area.
14. What is the 7-Day Rescission Period?
A4: The 7-day rescission period grants prospective buyers a 7day window or “cooling off period”, post-contract signing, conduct their due diligence, review the Disclosure Statement and to generally reassess their decision and withdraw from the agreement without incurring any penalties.
For a more comprehensive understanding of the 7-day rescission period, don’t miss our detailed article that delves into the intricacies of the BC 7-day rescission period.
15. Where can I find a Glossary of Real Estate Terms for Canada?
Real estate terms can be very confusing. Canada and BC have their own specific terminology or jargon. To clear this up, please have a look at our page with real estate terms that have all the terms commonly used for preconstruction condos in Metrotown and across BC.
16. What warranties are provided with new developments in Metrotown?
For all Metrotown new condos and across BC, new construction homes come with a 2-5-10 year BC new home warranty. Please see our detailed article for more information.
17. What are the Pros & Cons of buying a Presale Condo in Metrotown?
The pros and cons of buying preconstruction condo in Metrotown mirror those of a Burnaby presale or any new development home across BC. To learn more please see our article on the pros & cons of buying a preconstruction home in BC.
Expert Advice on Purchasing a Presale Condos in Metrotown.
Our team of realtors specialize in Metrotown new development homes are available to assist with a purchase in Metrotown or with any other Burnaby condo or existing property. We can also help with your Vancouver real estate needs too.
Please contact us to find out how or fill in the form below:
Living in Metrotown
Amenities: Metrotown is renowned for its exceptional amenities, which cater to residents’ everyday needs and provide ample recreational opportunities. Here are some key amenities you can find in the area:
Metropolis at Metrotown: This massive shopping center is the heart of the neighbourhood and one of the largest malls in Canada. It houses over 400 stores, including major retail chains, boutiques, restaurants, and a wide range of services.
Parks and Green Spaces: Central Park, located adjacent to Metrotown, offers a peaceful retreat with walking trails, sports fields, tennis courts, and a popular outdoor pool. There are several other parks and green spaces in the vicinity, providing opportunities for outdoor activities and relaxation.
Recreation Facilities: Bonsor Recreation Complex is a state-of-the-art facility that offers fitness classes, swimming pools, a gymnasium, squash courts, and a variety of programs for all ages. It’s a great place to stay active and engage in recreational activities.
Public Library: Burnaby Public Library’s Bob Prittie Metrotown Branch is a modern library facility that provides access to a vast collection of books, digital resources, study spaces, and community programs.
Restaurants and Dining: Metrotown boasts a diverse culinary scene, with numerous restaurants offering various cuisines, including Asian, Italian, Mediterranean, and more. You can find everything from casual eateries to fine dining establishments in the area.
Public Transportation: Metrotown is well-served by public transportation. The Metrotown SkyTrain station is a major transportation hub, providing convenient access to various parts of Greater Vancouver. Additionally, several bus routes operate in the area, offering additional transportation options.
These are just a few highlights of the housing and amenities available in the Metrotown area. The neighbourhood continues to evolve, providing residents with a vibrant and convenient place to live, work, and enjoy recreational activities.
Please contact us with any questions about new developments in Metrotown.
