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What Burnaby penthouses sold for

Burnaby condos sold, penthouses and all condos
MeasurePenthousesAll condos
Sales801,656
Median price$705,000$647,500
Middle half of prices$575,000 to $1,056,250$540,000 to $768,250
Price per square foot$794$824
Median floor area976 sq ft850 sq ft
Median bedrooms22
Median year built20132015
Strata fee a month$508$456
Days to sell2029
Sold price as a share of list price96.6%97.0%
Sales over the list price5%7%

Source: Paragon closed and pending sales, November 1, 2025 to October 31, 2026. How these figures are defined and sourced

Per square foot a penthouse cost $794, which is 4% less than the $824 for condos as a whole. The typical penthouse was 976 square feet, against 850 for all condos; its strata fee ran $508 a month against $456. The penthouses were larger, so part of the price gap is size.

Burnaby penthouses sold, by period
PeriodSalesMedian price
November 2025 to January 202620$809,000
February to April 202631$717,000
May to July 202619$696,000
August to October 202610$645,000

Source: Paragon closed and pending sales, November 1, 2025 to October 31, 2026. How these figures are defined and sourced

Burnaby penthouses sold, by price range
Price rangePenthousesAll condos
Under $500,00011264
$500,000 to $749,99933902
$750,000 to $999,99915395
$1,000,000 to $1,499,9991790
$1,500,000 to $1,999,99923
$2,000,000 and over22

Source: Paragon closed and pending sales, November 1, 2025 to October 31, 2026. How these figures are defined and sourced

Burnaby neighbourhoods with penthouse sales

Metrotown had the most penthouse sales, then Brentwood Park and Simon Fraser University. Where a median price is missing, fewer than 5 penthouses sold.

Burnaby penthouses sold, by neighbourhood
NeighbourhoodPenthouse salesMedian pricePrice per sq ftStrata fee a monthMedian price, all condos
Metrotown22$743,000$835$487$690,000
Brentwood Park15$1,341,000$1,043$793$695,000
Simon Fraser University8$506,000$642$554$526,250
Highgate7$570,000$780$390$610,000
Edmonds7$725,000$885$430$687,450
Sullivan Heights5$430,000$630$417$568,000
Government Road3———$502,000
Capitol Hill3———$576,250

Source: Paragon closed and pending sales, November 1, 2025 to October 31, 2026. How these figures are defined and sourced

The MLS® Home Price Index benchmark for an apartment in Burnaby North was $660,400 in October 2026, 5.7% down over twelve months. In Burnaby South it was $716,500. The benchmark is the price of a typical apartment, not a median of sales.

26% of Burnaby penthouses sold for $1,000,000 or more, compared with 6% of all condos in the same months.

About buying a top-floor home in Burnaby

Burnaby’s 2026 municipal residential rate is $1.72223 per $1,000 of assessed value, with a Metro Vancouver rate of $0.05440 on top, and the city is inside the Speculation and Vacancy Tax area.

The Burnaby 2050 Official Community Plan was adopted on December 9, 2025, and the new Zoning Bylaw 2026 took effect July 1, 2026.

Before you offer on a Burnaby penthouse

  • Find out the roof’s age from the strata minutes. A depreciation report shows when a replacement is expected and how it will be paid for.
  • Look for building-envelope work in the minutes, and ask whether any water-damage claim has been filed against the strata’s policy.
  • Ask how the terrace is classed under the strata plan. An owned lot and limited common property carry different repair duties.
  • Ask about air conditioning rules. Many top floors run warm in summer, and strata bylaws may limit where a unit can go.
  • Compare the building’s fee with the $508 a month median for Burnaby penthouses and $456 for all condos. A fee well above that deserves a look at what it covers. The median Burnaby penthouse sold was built in 2013.

Estimate the payment on a Burnaby penthouse

The calculator starts at the Burnaby penthouse median of $705,000.

This is an estimate for planning, not a quote or advice. It uses only the numbers on this form. Nothing you enter is sent or saved. Ask your lender or mortgage broker for the rate and terms that apply to you.

20% or more avoids mortgage default insurance.
Enter the rate you were quoted. Rates change often, so none is filled in.
Property transfer tax exemption Both exemptions have conditions. The estimate assumes every buyer on title qualifies.

Enter a home price to see the estimate.

Property transfer tax and exemptions follow the Government of BC pages on the property transfer tax, first-time buyer exemption and newly built home exemption. Insurance premiums follow the CMHC premium table. Fixed-rate mortgages compound semi-annually. Not included: legal fees, strata fees, property tax, GST on new homes, the 20% additional tax for foreign buyers, and adjustments on completion.

Burnaby penthouses: your questions answered

How much does a penthouse cost in Burnaby?

The 80 penthouses that sold between November 1, 2025 and October 31, 2026 had a median of $705,000, with the middle half between $575,000 and $1,056,250. All Burnaby condos had a median of $647,500.

How does a Burnaby penthouse compare in price with other condos?

A penthouse cost 9% more at the median, or $794 a square foot against $824 for all condos. Compare the floor area, the strata fee and the roof or terrace before you decide.

How fast do Burnaby penthouses sell?

20 days at a median, closing at 96.6% of list, with 5% over the list price.

What counts as a penthouse in Burnaby?

80 of the 1,656 Burnaby condo sales carried Penthouse in the style field, most of them in Metrotown (22 sales). The listing agent enters that, so some top-floor homes are unmarked and a marked one is not always on the very top floor.

Do Burnaby penthouses have higher strata fees?

The median strata fee was $508 a month for penthouses and $456 for all condos.

What Buyers & Sellers Say

Excerpts from Google reviews for Jared Gibbons, REALTOR® at Royal LePage Little Oak Realty (Suite 201 - 15272 Croydon Dr, Surrey). Quoted word for word; initials only.

  • 5 out of 5 stars

    “Jared and his team have been amazing with the sale of my house, very professional and knowledgeable. The process went a lot smoother than I could have expected. Once the house was sold, Jared helped me with the purchase of my condo…”

    S.W. Google review

  • 5 out of 5 stars

    “Awesome experience dealing with Jared. Selling my house was so easy actually he made it so smooth we had so many things going on at that time but he took care of the deal and got us a good price for our condo. Hope to work with him in future.”

    J.V. Google review

  • 5 out of 5 stars

    “Working with Jared made selling our condo a much smoother experience than we expected. He was reliable, responsive, and always took the time to answer our questions and explain what was happening throughout the process…”

    M.H. 20 Sep 2026 · Google review

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