Austin Rd and North Rd, Burquitlam, Lougheed
Sales Status: Preselling
Price: 1 beds starting from $611,000
Introduction
💰 The City of Lougheed Presale Condo Pricing, Incentives & Special Offers in Burnaby
(Auto-updated on August 15, 2025)
💰 The City of Lougheed – Tower Three Presale Condo Pricing, Incentives & Special Offers in Burnaby
(Updated on December 10, 2025)
Starting From: 1 beds starting from $611,000
Estimated Completion: 2025
Buyer Incentives and Promotional Offers – December 2025 Update
- 10 specially priced holiday homes
- Special Pricing From $842 PPSF
Floor Plan Pricing and Availability – Updated December 2025
| UNIT | TYPE | PLAN | SIZE | VIEW | PRICE | |---|---|---|---|---|---| | #2201 | 1 Bedroom | A2 | 550 SF | W | $612,000 | | #2503 | 1 Bedroom | A4 | 538 SF | N | $611,000 | | #2405 | 2 Bedroom | B1 | 780 SF | E | $767,000 | | #1004 | 2 Bedroom | B2 | 945 SF | NE | $817,000 | | #1904 | 2 Bedroom | B3 | 945 SF | NE | $865,000 | | #3203 | 2 Bedroom | B4a | 858 SF | SE | $910,000 | | #502 | 2 Bedroom + Den | BB2 | 972 SF | NW | $819,000 | | #308 | 2 Bedroom + Den | BB3 | 896 SF | SW | $854,000 | | #2402 | 2 Bedroom + Den | BB4 | 976 SF | NW | $881,000 | | #3201 | 3 Bedroom + Den | CC1 | 1,273 SF | NW | $1,340,000 |
REDMA COMPLIANCE: All incentive and pricing information is automatically extracted from developer communications and is subject to change without notice. This information does not constitute a binding offer. All sales are subject to execution of Purchase and Sale Agreement and developer approval. Prospective purchasers must verify current incentives and pricing directly with the developer’s authorized sales representatives and review all REDMA-required disclosure documents before making purchase decisions. Licensed real estate services provided under RESA regulations. E.&O.E.
Current Starting Prices
Starting From: Newly Priced $749,000
Buyer Incentives and Promotional Offers – August 2025 Update
- Specially priced home
Floor Plan Pricing and Availability – Updated August 2025
| Unit | Bedrooms | Bathrooms | Price | |---|---|---|---| | 1905 | 2 | 2 | $749,000 |
REDMA COMPLIANCE: All incentive and pricing information is automatically extracted from developer communications and is subject to change without notice. This information does not constitute a binding offer. All sales are subject to execution of Purchase and Sale Agreement and developer approval. Prospective purchasers must verify current incentives and pricing directly with the developer’s authorized sales representatives and review all REDMA-required disclosure documents before making purchase decisions. Licensed real estate services provided under RESA regulations. E.&O.E.
The City of Lougheed Burnaby – A Visionary Masterplan by Shape Properties
The City of Lougheed Burnaby
After years of planning, like Brentwood Mall before it, Lougheed Shopping Centre is about to go through a $7 Billion major rejuvenation and expansion. Over the next 20 years, the 40 acres in this prime Burnaby location bordering Coquitlam (effectively known as Burquitlam) will soon be home to 23 new towers in a master planned community which includes thousands of new homes, as well as over 300 new shops, and restaurants.
The Heart of a Transforming Burnaby
The City of Lougheed is a bold, 37-acre master-planned community by Shape Properties, redefining urban living in Metro Vancouver. Located at the junction of Austin Road and North Road, this vibrant project integrates residential towers, retail, offices, and expansive green spaces into one cohesive neighbourhood.
Transit-Rich Location & Lifestyle Connectivity
Steps from Lougheed Town Centre Station, residents enjoy direct SkyTrain access to Vancouver, Surrey, and Coquitlam. With proximity to Highway 1 and Lougheed Highway, commuting and regional travel are effortless. The development’s design fosters walkability with plazas, tree-lined promenades, and retail at street level.
Signature Homes with Elevated Interiors
Each tower within The City of Lougheed Burnaby showcases contemporary design and intelligent layouts. Home options span from 1-bedroom to 3-bedroom + den residences, featuring open-concept interiors, full-size Bosch appliances, quartz countertops, wide plank flooring, and spa-inspired bathrooms. Generous balconies frame sweeping views of Burnaby Lake, the North Shore Mountains, and Downtown Vancouver.
Resort-Style Amenities at Your Doorstep
Residents enjoy access to over 18,000 sq ft of indoor and outdoor amenities — including a fitness centre, yoga studio, coworking space, music room, children’s play areas, and rooftop lounge. Outdoor terraces and landscaped courtyards extend living space, while retail, dining, and cafes below create an active social hub.
Urban Convenience Meets Nature
Beyond its on-site amenities, The City of Lougheed Burnaby places residents close to Burnaby Lake Park, Simon Fraser University, Brentwood Town Centre, and nearby schools. Everyday conveniences such as grocery stores, pharmacies, and dining options are within minutes, blending city energy with suburban calm.
Floor Plans & Home Options
The First Neighbourhood phase of the The City of Lougheed Burnaby offers a wide range of floor plans — from efficient 538 sq ft 1-bedrooms to spacious 1,273 sq ft 3-bedroom + den homes. Each tower is designed for optimal natural light, functional flow, and long-term livability.
Pricing & Limited-Time Incentives
As of late 2025, 1-bedroom homes start from $611,000 (~$1,136 per sq ft) and 2-bedrooms from $767,000 (~$983 per sq ft). Client Incentives include a $5,000 discount on 1-bedroom purchases and $10,000 on 2-bedroom or larger homes. The City of Lougheed Burnaby‘s pricing is noted as below replacement cost, making it one of the most competitively priced new-builds in Burnaby.
Pricing Overview
| Home Type | Plan | Size (SF) | View | Price |
|---|---|---|---|---|
| 1 Bedroom | A4 | 538 | N | $611,000 |
| 1 Bedroom | A2 | 550 | W | $612,000 |
| 2 Bedroom | B1 | 780 | E | $767,000 |
| 2 Bedroom | B2 | 945 | NE | $807,000 |
| 2 Bedroom | B3 | 945 | NE | $865,000 |
| 2 Bedroom + Den | BB1 | 891 | SE | $832,000 |
| 2 Bedroom + Den | BB2 | 972 | NW | $805,000–$819,000 |
| 2 Bedroom + Den | BB4 | 976 | NW | $881,000 |
| 2 Bedroom + Den | BB3 | 896 | SW | $904,000 |
| 3 Bedroom + Den | CC1 | 1,273 | NW | $1,340,000 |
Architecture, Design & Developer
Shape Properties, known for transformative mixed-use communities like Brentwood and RC at Metrotown, leads this visionary development. Architectural design is by James K.M. Cheng Architects and GBL Architects, both celebrated for urban innovation and aesthetic refinement. Interiors are curated with a focus on light, function, and timeless materials that balance elegance with everyday practicality.
Project Completion & Future Vision
Construction is advancing across multiple towers, with the First Neighbourhood phase expected to complete by 2028. Over the next decade, The City of Lougheed Burnaby will grow into a fully integrated district featuring 23 residential towers, office space, and over 1 million sq ft of retail and commercial offerings — anchored by the newly reimagined Lougheed Town Centre Mall.
Why Invest in The City of Lougheed Burnaby
This development stands apart as Metro Vancouver’s largest master-planned community, offering enduring value, connectivity, and quality of life. For buyers seeking long-term investment potential and a vibrant urban lifestyle, The City of Lougheed Burnaby is a landmark address that embodies the future of modern living in Burnaby.
Frequently Asked Questions
When will The City of Lougheed be completed?
Completion is estimated for 2025.
Who is developing The City of Lougheed?
The City of Lougheed is developed by Shape.
What’s the GST rebate for new construction in BC?
First-time home buyers in BC can receive up to $36,000 in combined GST and PTT rebates. Calculate gst on new homes in BC to find out your exact savings.
How do assignment sales work in BC?
Check out this detailed explanation of how Vancouver Condo Assignments work
Where can I find all presale condo assignments across BC?
Check out this list of Vancouver Condo Assignments
Property Highlights
1,350 condos + 237 rental apartments units
31-57 storeys
Est. completion: 2025
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