Best for
Lougheed sits at the far east edge of Burnaby where the city meets Coquitlam and Port Moody. It's best known to commuters as the interchange station where the Millennium Line meets the Evergreen Extension — one of only three SkyTrain interchange points in the entire network. That transit significance has driven a second master-planned development boom: The City of Lougheed, a 10-tower, 10,000-resident community going up on the site of the old Lougheed Town Centre mall.
For newcomers, Lougheed's appeal is specifically the combination of transit and SFU access. The 145 bus runs directly from Production Way-University station (one stop east of Lougheed) up to the SFU campus every 10 minutes, making Lougheed the lowest-cost residential option for students and staff at SFU. It's also the best place to live in Burnaby if you commute to the Tri-Cities (Port Moody, Coquitlam) rather than to downtown Vancouver.
Housing here is mostly condo. The new City of Lougheed towers list at similar prices to Brentwood — $2,300–2,800 for a one-bedroom. Older rental stock in the surrounding blocks can be genuinely cheap: 1970s concrete apartment buildings on North Road and Austin Avenue list one-bedrooms in the $1,500–1,800 range, which is rare for any transit-accessible location in Metro Vancouver.
Services in Burnaby
Local price ranges for services — we don't yet break these down to the neighbourhood level, but prices in Burnaby are consistent across most inner areas.