Entry-level strata market · Burquitlam · Town Centre · May 2026
The sub-$700K price range is the city’s entry point for strata ownership — here is where the market stands.
Live MLS listings updated daily. Filter by bedroom count, neighbourhood, or building type below.
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Three neighbourhoods consistently offer the most strata inventory under $700,000.
Walk score 90+, Burquitlam SkyTrain steps away. 1-bed/1-bath from the mid-$500s. Dense mid-rise corridor with ongoing development.
Lougheed SkyTrain and mall access. 2-bedroom units from the high-$500s to mid-$600s, a mix of newer concrete and 1990s wood-frame buildings.
Heritage character area with older wood-frame stock. Entry-level 1-bedrooms in the low-to-mid $500s — the most affordable strata in the city.
$550K–$599K
A 1-bedroom/1-bathroom in an older Burquitlam wood-frame building. Typically 550–650 sq ft, updated kitchens in well-maintained buildings, some with parking included.
$600K–$649K
A newer 1-bedroom concrete unit near Burquitlam SkyTrain, or a 2-bedroom/1-bathroom in an older wood-frame building in North Coquitlam. More square footage for the price in the 1990s stock.
$650K–$699K
A 2-bedroom/1-bathroom in a mid-2000s concrete building near Lougheed SkyTrain, or a top-floor corner 1-bedroom in a newer Burquitlam project. Best combination of size, condition, and transit access in this range.
Three things every buyer needs to know before making an offer in this price range.
Strata fees affect your total debt service qualification. Know your budget including the strata fee before you start shopping.
Review the depreciation report, contingency reserve fund, and AGM minutes. A well-funded building is worth more and protects your investment.
Sub-$700K condos attract first-time buyers and investors alike. Well-priced units typically go in the first week. Have your offer ready.
Yes. As of May 2026, there are active 1-bedroom and 2-bedroom strata units in Burquitlam, North Coquitlam, and Maillardville under $700,000.
Burquitlam and Maillardville are consistently the most affordable. North Coquitlam is slightly higher-priced but offers newer building stock.
The Burquitlam and Town Centre SkyTrain corridor and ongoing densification support long-term value. Outcomes depend on building quality and purchase price.
Lenders include 50% of monthly strata fees in your total debt service calculation. At $600/month in strata fees, $300/month is added to your debt obligations.
Review the depreciation report, contingency reserve fund balance, and AGM minutes. A healthy building has a funded reserve above 30% of estimated repair costs.
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Sebastian Czarkowski is a licensed real estate professional registered under the BC Financial Services Authority (BCFSA). All information provided is for general purposes and does not constitute financial, legal, or investment advice. MLS® data sourced from REBGV and FVREB. Always verify listing details directly with the listing brokerage.