Lake City Industrial Property for Sale

Lake City Industrial serves as one of Burnaby’s most strategically located business zones, offering a mix of light industrial, commercial, and mixed-use properties. With direct access to Highway 1 and the Lake City Way SkyTrain station, it’s a prime area for businesses and investors.

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Common questions

Can I buy a condo in Lake City Industrial?

What sells here is industrial and business-centre space. A listing marketed as a "Lake City condo" should be checked for what it actually is: most likely an industrial strata unit or a building in a neighbouring residential sub-area using the station name loosely.

Why are there no Lake City sales numbers?

Because SnapStats publishes no Lake City sub-area row for Burnaby in its September 2026 report — there is no sub-area inventory, sales count or sales ratio to report. The Burnaby figures here are community-level context only, not Lake City figures.

What transit serves the district?

Lake City Way Station on the Millennium Line, inside the district between Sperling–Burnaby Lake and Production Way–University stations — the worker-access story for employers here.

What kinds of businesses belong in Lake City?

The City's employment-lands policy defines industrial lands for distribution, warehousing, repair, construction yards, infrastructure, outdoor storage, wholesale, manufacturing, trade and e-commerce, and the Lake City plan adds commercial/office and business-centre frameworks — confirm a specific use against the parcel's current Zoning Bylaw 2026 district in writing.

Which plan governs Lake City today?

The Burnaby 2050 OCP (adopted December 9, 2025) sets the framework and takes precedence over older community-plan maps; the Lake City Community Plan (2000) remains the district's adopted policy guideline underneath it.

Is Lake City a residential neighbourhood where I can buy a house lot?

No. Lake City is an industrial and business-centre district in north-east Burnaby; its 2000 community plan designates it for commercial/office and industrial/business centre uses, and there are few or no homes in it.

What kinds of businesses belong on this ground?

The City's employment-lands policy defines industrial lands for distribution, warehousing, repair, construction yards, infrastructure, outdoor storage, wholesale, manufacturing, trade and e-commerce, and the Lake City plan adds commercial/office and business-centre frameworks — confirm a specific use against the parcel's current zoning district in writing.

Does SSMUH create duplex potential on a Lake City parcel?

No — SSMUH is Burnaby's residential R1 framework. Lake City parcels sit in commercial / business-centre / industrial districts whose current district and permitted-use list must be confirmed in writing with the City for the specific parcel.

Is Lake City a residential neighbourhood?

No. Lake City is an industrial and business-centre district in north-east Burnaby; the Lake City Community Plan (adopted 2000) designates it as a mixed-use area for commercial/office and industrial/business centre uses, and there are few or no homes in it.

Why are there no Lake City sales numbers on this page?

Because SnapStats publishes no Lake City sub-area row for Burnaby in its September 2026 report — there is no sub-area inventory, sales count or sales ratio to report. The Burnaby figures in Section 2 are community-level context only, not Lake City figures (SnapStats, September 2026)

What transit serves Lake City?

Lake City Way Station on the Millennium Line, inside the district between Sperling–Burnaby Lake and Production Way–University stations.

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

“I am forever grateful for Jared and his team for all their help with the lease of my commercial space!…”

S.H. Google review
5 out of 5 stars

“Super happy with Jared and his team! Jared helped me find a commercial space in a tight timeline, went above and beyond for us. Would recommend to anyone!”

C.E. Google review
5 out of 5 stars

“The Best Realtor Experience I have Ever Had! Working with Jared was a dream. From the very first meeting to the final closing, he went above and beyond every step of the way…”

C.S. Google review

More real estate nearby

Condo buildings in Lake City Industrial

Lake City Industrial is an employment and industrial district in north-east Burnaby.

Streets, schools and transit near Lake City Industrial condos

Lake City is an employment and industrial district in north-east Burnaby, along Lake City Way and Enterprise Street between Lougheed Highway and Highway 1, east of Burnaby Lake.
District streets named on the Lake City Community Plan's general land use map include Enterprise Street, Commerce Court, Production Crescent and Thunderbird Crescent, alongside Lake City Way itself.
Where the condo stock concentrates: nowhere — there is no residential condo stock in the district to concentrate. The built stock is industrial and business-centre buildings along those streets.
Transit anchor: Lake City Way Station (Millennium Line) is inside the district, between Sperling–Burnaby Lake Station and Production Way–University Station — the worker transit link for the employment lands. Roads: Lake City Way, Enterprise Street and Lougheed Highway serve the district and Highway 1 runs along its south edge.

Local rules that affect condo buyers in Lake City Industrial

Burnaby zoning — the rule that actually governs this district: the Burnaby Zoning Bylaw 2026 (No. 14815) was adopted June 9, 2026 and took effect July 1, 2026; the former Burnaby Zoning Bylaw 1965 (No. 4742) is repealed and must never be cited as current. Properties previously zoned under repealed districts were reassigned to the closest comparable new district, and the City states the reassignment approach for employment and industrial lands follows the Burnaby 2050 OCP and Metro Vancouver designations. The specific new district and permitted-use list for an individual Lake City parcel: confirm in writing with the Burnaby Planning and Building Department.
Plan hierarchy: the Lake City Community Plan (adopted by Council in 2000) designates Lake City as a mixed-use area serving land uses related to the commercial/office and industrial/business centre frameworks, but the Burnaby 2050 Official Community Plan (adopted December 9, 2025) replaces the 1998 OCP and takes precedence over older community-plan land use maps where they conflict — read the 2000 Lake City map under the 2050 OCP. The 2050 policy directions aim to protect existing industrial land, intensify employment lands and use them efficiently.

Good to know about Lake City Industrial condos

The station came to the warehouses, not to homes. Lake City Way Station sits inside an industrial district — its role is worker access to employment lands, which is why "steps to SkyTrain" copy here describes a business park, not a residential tower.
Burnaby rewrote its zoning in 2026 and reassigned every parcel. The Zoning Bylaw 2026 took effect July 1, 2026 and some properties were reassigned to new districts — a Lake City parcel's 1965-bylaw district name in an old listing or lease is stale, exactly as the Lake City plan map itself instructs readers to confirm zoning with the Planning and Building Department.
The district's newest landmark is a film studio, not a tower. The Lake City Way campus of 21 sound stages (including one of Western Canada's largest, at nearly an acre) on 18.6 acres beside the SkyTrain line is the scale of recent investment here — employment product, co-locating film businesses.
Burnaby Lake Regional Park is the district's west edge. The Metro Vancouver regional park at 4519 Piper Ave borders the district to the west — the green context for the Still Creek lowland checks in.
There is no resident population to quote. Any "neighbourhood demographics" for Lake City Industrial are describing somewhere else.
The library and hospital serving the quadrant are outside the district. The Cameron Branch of Burnaby Public Library (9855 Austin Ave, temporary location) serves this quadrant from the Lougheed Town Centre area, and the city's hospital is Burnaby Hospital, 3935 Kincaid St — both reached from, not located in, the district.

The province-wide rules are on one page: BC condo buying rules.

Sources for the condo notes on Lake City Industrial

Townhome complexes in Lake City Industrial

Anything a search returns as a "Lake City townhome" is either industrial space or a mis-filed listing from outside the district.

Streets, schools and transit near Lake City Industrial townhomes

"Lake City Industrial" is the GVR board sub-area name as used for this district in north-east Burnaby: the employment lands along Lake City Way and Enterprise Street between Lougheed Highway and Highway 1, east of Burnaby Lake. Its framework is the Lake City Community Plan (adopted 2000), whose districts are Commercial (C1), Business Centre (B1/B2), Institutional (P2) and Park and Public Use (P3) — a mixed-use commercial/office plus industrial/business-centre framework with no residential district. District streets include Commerce Court, Production Crescent and Thunderbird Crescent. (plan map, City of Burnaby)
Market volume: no SnapStats sub-area row exists for Lake City — for either detached or attached property — because there is no residential market to report. No sub-area figures are published.
Schools and services: no school sits inside the district. The closest elementary school on the Province's list is Cameron Elementary, 9540 Erickson Dr, north of the district; the Cameron Branch library is at 9855 Austin Ave (temporary location).
Transit anchor: Lake City Way Station (Millennium Line), between Sperling–Burnaby Lake and Production Way–University stations — an employment-lands station, not a residential one.

Local rules that affect townhome buyers in Lake City Industrial

The honest headline: the BC strata-townhouse rulebook has no residential building in this district to attach to.
Strata Property Act s. 59 — the Form B states a strata lot's monthly strata fees, amounts owing, approved special levies still payable, the CRF balance and an insurance summary, with the rules, current budget, any Rental Disclosure Statement and the most recent depreciation report attached; provided within 7 days, maximum $35 plus up to 25 cents per page.
Since July 1, 2024, strata corporations with five or more lots must obtain a depreciation report every five years, not deferrable by vote (a 4-lot-and-under strata sits UNDER that threshold); since Nov 1, 2023, at least 10% of the annual operating budget must go to the contingency reserve fund. These rules bind residential strata corporations — and, in their own commercial form, industrial strata corporations, whose buyers should ask for the same documents.
Since Nov 24, 2022, no BC strata residential rental-restriction bylaw is valid, and only 55+ residency bylaws are lawful (Strata Property Act ss. 123.1/123.2 + Regulation 7.01, exemptions expanded May 1, 2023). No residential building here carries either kind of bylaw.
What actually governs here — plans: the Burnaby 2050 Official Community Plan (adopted December 9, 2025, replacing the 1998 OCP) directs employment lands to be protected and intensified for industrial uses — distribution, warehousing, repair, construction yards, infrastructure, outdoor storage, wholesale, manufacturing, trade and e-commerce. The Lake City Community Plan (2000) remains the district framework under it. Residential conversion of these lands is the opposite of the plan direction.
What actually governs here — zoning: the governing bylaw is the Burnaby Zoning Bylaw 2026, No. 14815 (adopted June 9, 2026, in effect July 1, 2026) — never the repealed 1965 Bylaw No. 4742. The bylaw does carry a dedicated Townhouse District (R2) elsewhere in the city; nothing in this district's plan framework applies it here.
Flood and streamside checks: the district sits in the Still Creek / Burnaby Lake lowland.
Burnaby property taxes (applies to the industrial parcels that do exist): a 5% penalty applies to outstanding current taxes after the July due date, and a further 5% after the September due date; the City states it has no authority to waive or modify these penalties. Burnaby's 2026 taxes were due July 3, 2026.
PTT (1% on the first $200,000, 2% to $2M, 3% to $3M, 5% above) + exemptions (first-time buyers — exempt on the first $500,000 at fair market value $835,000 or less, partial to $860,000; newly built home exemption — full to $1,100,000, eliminated at $1,150,000); FTHB GST rebate — Bill C-4, Royal Assent March 13, 2026 per CRA News No. 122 (100% to $1M, phasing to $1.5M, max $50,000, agreements Mar 20, 2025–2031); New Housing Rebate 36% / max $6,300 / $350K–$450K; HBP $60,000; FHSA $40,000 lifetime / $8,000 per year; CMHC premiums 0.6%–4.5% per CMHC's published homeowner premium schedule. These are residential-buyer instruments; none attaches to an industrial parcel purchase, which carries its own GST treatment — take tax advice on any commercial deal. The Vancouver Empty Homes Tax (3%) does not apply — this is Burnaby, and that tax is Vancouver-only.

Good to know about Lake City Industrial townhomes

Lake City's SkyTrain station predates any housing question: Lake City Way Station serves warehouses, business parks and film studios — it is a Millennium Line employment station, and its presence in transit searches makes the district look more residential online than it is.
The district's plan is a quarter-century old and still the framework: the Lake City Community Plan was adopted in 2000, and the Burnaby 2050 OCP (adopted December 9, 2025) layers employment-land protection on top of it rather than replacing it with a residential plan.
The district's newest landmark is a film-studio campus with 21 sound stages on 18.6 acres (opening summer 2025 per the project account) — the largest recent change in Lake City is industrial, which is the district working as planned.
Lowland diligence: the Still Creek / Burnaby Lake lowland runs along the district's west side, so floodplain and streamside review is parcel-specific homework on any land deal here — not a formality.

The province-wide rules are on one page: BC townhome buying rules.

Sources for the townhome notes on Lake City Industrial

Lots and land in Lake City Industrial

Industrial parcels

Designated ground, as the plan states it: the Lake City Community Plan (adopted 2000) designates the district in Burnaby's OCP framework as a mixed-use area for commercial/office and industrial/business centre uses, with Commercial (C1), Business Centre (B1/B2), Institutional (P2) and Park and Public Use (P3) designations on its general land use map — there is no residential district in that framework.
Uses the City's employment-lands policy names for industrial lands generally: heavy and light industrial activities including distribution, warehousing, repair, construction yards, infrastructure, outdoor storage, wholesale, manufacturing, trade and e-commerce; the Burnaby 2050 OCP policy directions aim to protect existing industrial land, intensify employment lands and use them efficiently.
Tenure: industrial strata units and freehold industrial parcels both exist in Burnaby's employment areas generally.
Parcel-level ALR status is checked in the Agricultural Land Commission's ALR Property and Map Finder.

Named developments / applications

The named document for this area is the plan itself: the Lake City Community Plan (2000), read under the Burnaby 2050 OCP.
Assemblies / rezoning proposals: The 2050 OCP's stated direction for this kind of ground is the opposite of residential conversion: protect and intensify industrial land.

Streets, schools and transit near Lake City Industrial lots

Nearby areas: Burnaby Lake and Burnaby Lake Regional Park to the west, Lougheed Town Centre to the east, the Government Road and Cariboo residential areas to the north and south-east, and Production Way–University / SFU access to the east.
Roads, goods movement and transit: Lake City Way, Enterprise Street and Lougheed Highway serve the district and Highway 1 runs along its south edge. Lake City Way Station (Millennium Line) is inside the district, between Sperling–Burnaby Lake Station and Production Way–University Station — the worker transit link.
Parks and environment: Burnaby Lake Regional Park (Metro Vancouver), 4519 Piper Ave, borders the district to the west; the district sits on the Still Creek / Burnaby Lake lowland system east of Burnaby Lake. Library: the Cameron Branch, in the Lougheed Town Centre area at 9855 Austin Ave (temporary location), serves this quadrant. Health care: Burnaby Hospital, 3935 Kincaid St (Fraser Health), is the city's hospital.
Schools: no public school is inside the industrial district itself, and school catchments are irrelevant to the industrial parcels. The closest elementary school on the Province's SD41 list is Cameron Elementary, 9540 Erickson Dr, north of the district — named here only so no reader assumes an in-district school; it is a Ministry-listed name, and no catchment claim is made for any Lake City parcel. SD41 operates 41 elementary and 8 secondary schools city-wide, with no middle-school tier (K–7 / 8–12).

Local rules that affect land buyers in Lake City Industrial

OCP / community plan — two layers, stated in order: the Burnaby 2050 Official Community Plan, adopted Dec 9, 2025, replaces the 1998 OCP and takes precedence over older community-plan land use maps where they conflict — so the 2000 Lake City plan map must be read under the 2050 OCP. Underneath it, the Lake City Community Plan (adopted 2000) remains the district's adopted policy guideline for its commercial/office and industrial/business centre framework. Community plans are adopted by Council as policy guidelines for rezoning and development applications.
Strata block: Form B diligence (provided within 7 days, max $35 + 25¢/page); depreciation reports on a 5-year cycle for stratas with 5+ lots since July 1, 2024; minimum 10% CRF contribution since November 1, 2023; rental-restriction bylaws void since November 24, 2022 (short-term restrictions may still apply by bylaw); only 55+ age bylaws valid under SPA ss.123.1/123.2, with May 1, 2023 exemptions; a listing's "45+" line is not a valid BC age bylaw. For an industrial strata purchase, review the strata documents under the provincial framework early; BC strata disputes can go to the Civil Resolution Tribunal.
If a parcel is in the ALR: subdivision within the ALR requires ALC approval; ALR residences cannot be stratified. On ALR land the main house can be up to 500 m², a suite is allowed only inside it, and an extra residence can be up to 90 m² (186 m² on parcels over 40 ha).
Property transfer tax / taxes on this area: the residential PTT schedule (general 1% on the first $200,000, 2% to $2 million, 3% above $2 million, plus a further 2% on the residential portion above $3 million, with the First-Time Home Buyers' and Newly Built Home exemptions) is a residential schedule and not a commercial/industrial tax treatment for a Lake City parcel. The dated city-wide facts: Burnaby property taxes for 2026 were due Friday, July 3, 2026, with a 5% penalty after the July due date and a further 5% after the September due date, and Council approved a 2.9% property tax increase in the 2026–2030 Financial Plan.
FTHB GST rebate / programs — land angle (residential programs, stated so they are not misapplied here): the FTHB rebate (Bill C-4, Royal Assent March 13, 2026; 100% to $1M, maximum $50,000, phasing to $1.5M; agreements Mar 20, 2025–2031) applies to new HOUSING, not bare land itself — and not to industrial land. New Housing Rebate 36% / maximum $6,300 / $350,000–$450,000 phase-out. Home Buyers' Plan $60,000; FHSA $40,000 lifetime / $8,000 per year.

Good to know about Lake City Industrial lots

The district's plan is old and its map is older than the current OCP: the Lake City Community Plan was adopted in 2000 and its general land use map was last updated to Dec 31, 2010 — and the plan map itself instructs the reader to confirm zoning with the City. Under a zoning bylaw that changed on Jul 1, 2026 and an OCP adopted Dec 9, 2025, a 2010 map is a starting point, never the answer.
A SkyTrain station inside an industrial district is the exception, not the rule: Lake City Way Station sits inside the employment lands themselves, between two largely residential-serving stations — the worker-access fact is sourced and listable, unlike any residential amenity claim for this area.

The province-wide rules are on one page: BC land buying rules.

Sources for the land notes on Lake City Industrial

Duplexes and half duplexes in Lake City Industrial

What a duplex looks like in Lake City Industrial

The usual duplex form: A duplex claim for a Lake City parcel would have to be verified on that parcel's own current district and title.

The province-wide rules are on one page: BC duplex and half-duplex buying rules.

What's nearby Lake City Industrial

Times are from OpenStreetMap routing, November 2026.

Transit

Lake City Way Station (Millennium Line) is in this Burnaby industrial district; TransLink's route 134 timetable names it as a terminus.
Route 134 Lake City Station / Brentwood Station, TransLink, runs via Enterprise St and Lake City Way through the district, per its timetable.

Parks and recreation

Burnaby Lake Regional Park, 4519 Piper Ave, borders the district to the west, per Metro Vancouver.

Measured walking and driving times

Measured on November 2, 2026 with OpenStreetMap routing (OSRM for driving, routed-foot for walking), from Lake City Way Station
To	How	Minutes	Distance (km)
Brentwood Town Centre Station	Drive	6	4.8
Burnaby Lake Regional Park, 4519 Piper Ave	Drive	7	4.2

Sources for what’s nearby

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