Living in Lougheed, Burnaby BC: 2026 Neighbourhood Guide

Living in Lougheed, Burnaby means landing at the only place in the region where the Expo Line and Millennium Line meet outside downtown Vancouver — and increasingly, it means living inside one of the largest redevelopment projects in Metro Vancouver's history.  What was once known mainly for its mall and highway overpass is being rebuilt, block by block, into a dense, transit-oriented community with new towers, parks, and a rebuilt civic centre. For buyers comparing Burnaby neighbourhoods, Lougheed now offers something few other stations on the SkyTrain network can match: a direct line to downtown Vancouver, a direct line to Coquitlam, and a construction pipeline that is actively reshaping what the area will look like by the early 2030s.

I work with buyers and sellers across Burnaby and the Fraser Valley every week, and Lougheed is one of the markets I get asked about most right now — precisely because it is changing so quickly. This guide breaks down what is actually happening in the neighbourhood today, not just what is planned on paper.

Key Takeaways

• Lougheed Town Centre station is the only Expo Line–Millennium Line interchange outside downtown Vancouver, putting the area within a direct SkyTrain ride of both Waterfront Station and Coquitlam's Lafarge Lake–Douglas terminus.
• A roughly 41-acre master-planned redevelopment around the mall site is approved for as many as 23 towers and close to 11,000 homes, rolling out in phases over the next several years.
• Families in Lougheed fall into Burnaby School District's Cariboo-Lougheed zone, feeding into Burnaby Mountain or Cariboo Hill Secondary.
• Metro Vancouver's composite benchmark home price sat at $1,081,900 in August 2026, down 5.6% year-over-year — context that matters for anyone timing a purchase in a neighbourhood with this much new supply coming online.

Where Lougheed Is and Why It's Changing So Fast

Lougheed sits in northeast Burnaby, right on the boundary with Coquitlam, centred on the intersection of Lougheed Highway and North Road. The neighbourhood's defining feature has always been its transit position: Lougheed Town Centre station is where the Expo Line and Millennium Line physically meet, and it has been a SkyTrain interchange since the Millennium Line opened in the early 2000s. When the Evergreen Extension opened in December 2016, it pushed the Millennium Line further out to Coquitlam, which only increased how many commuters pass directly through Lougheed every day.

That transit position is exactly why the City of Burnaby approved a sweeping new master plan for the area around the aging Lougheed Town Centre mall. The plan covers roughly 41 acres bordered by Cameron Street, Lougheed Highway, Bartlett Crescent, and North Road, and calls for up to 23 towers ranging from 25 to 65 storeys, totalling close to 11,000 residential units and more than 11 million square feet of floor space. Construction is planned to roll out in three phases over about five years, starting near the Austin and North Roads parking area.

Housing in Lougheed: What's Built, What's Coming

Most of the existing housing stock around Lougheed is a mix of older walk-up apartment buildings, 1970s and 80s towers, and single-family homes on the quieter streets east toward Cariboo Road. That stock is being joined — and in some cases replaced — by new construction at a pace few Burnaby neighbourhoods are seeing.

The first phase of the City of Lougheed development, with four highrise towers, was completed in 2023. The next phase, approved in principle by council, adds more than 1,440 homes across a 46-storey condo tower with 809 units, a 43-storey purpose-built rental tower with 634 units, and a 12-storey condo midrise. The rental tower includes 133 units priced at 20% below the CMHC median rent for the area alongside market-rate units — a detail worth knowing if you are watching the rental side of this market as closely as the ownership side.

For buyers, that volume of new supply is a double-edged consideration. It means more choice in finishes, floor plans, and price points than Lougheed has ever offered, concentrated in new towers built around a planned 320-metre weather-protected pedestrian galleria and a 1.6-acre central plaza designed to host up to 10,000 people. It also means pricing in Lougheed over the next several years will move alongside a steady stream of new inventory — something I walk every Lougheed buyer through before they make an offer, because it changes how you think about resale timing compared to a neighbourhood with a fixed housing supply.

Getting Around: The SkyTrain Advantage

The single biggest reason buyers ask me about Lougheed is the commute math. From Lougheed Town Centre station, the Expo Line runs directly toward Metrotown and downtown Vancouver, while the Millennium Line runs toward Coquitlam's town centre and Lafarge Lake–Douglas station to the east, and toward Burnaby's Brentwood and Vancouver's east side in the other direction. Very few addresses in the Lower Mainland put you on two rapid transit lines without a transfer, which is part of why this specific node has attracted so much development interest from the city and from builders.

Lougheed Highway and the Barnet Highway corridor also give drivers a direct route into Coquitlam, Port Moody, and the Tri-Cities, while North Road forms the literal dividing line between Burnaby and Coquitlam — so depending on which side of the street a listing sits on, you may technically be shopping in two different municipalities with two different property tax rates and school catchments, which is a detail I always flag to out-of-area buyers.

Schools and Families in Lougheed

Families looking at Lougheed fall within Burnaby School District's Cariboo-Lougheed zone. Cameron Elementary serves the immediate neighbourhood, with Burnaby Mountain Secondary and Cariboo Hill Secondary as the zone's secondary schools. The district publishes official catchment boundaries, and I always recommend buyers with school-aged kids confirm the exact catchment for a specific address directly with the district before writing an offer, since boundaries can shift as new towers add student population to the area.

Parks and Community Life

The neighbourhood's civic centre, Cameron Community Centre, is described by the City of Burnaby as "the civic heart of Lougheed Town Centre." It's currently being rebuilt, with programming running from a temporary space inside the Lougheed mall in the meantime — fitness classes, a 55+ activity centre, a library branch serving northeast Burnaby, and a new drop-in play space for kids under five. On the green space side, the city has also approved plans to replace the old Lougheed-area Safeway site with a new two-acre public park, and the broader redevelopment master plan includes a 1.6-acre central plaza plus several smaller pocket parks threaded through the new towers.

The Market Context Right Now

Metro Vancouver's composite benchmark price across all residential property types was $1,081,900 in August 2026, down 5.6% from a year earlier and down slightly from July, according to Greater Vancouver REALTORS. Sales volume was also down year-over-year and well below the 10-year seasonal average for the month. For a neighbourhood like Lougheed, where a large wave of new condo and rental inventory is working its way through approvals and construction, that kind of region-wide softening can mean more room to negotiate on new-build pricing and incentives than buyers have seen in recent years — but it also means timing and building-specific due diligence matter more than ever. I'd rather walk a Lougheed buyer through a specific building's pricing and presale contract terms directly than guess at numbers that change month to month.

Frequently Asked Questions About Living in Lougheed, Burnaby

Is Lougheed, Burnaby a good place to buy a condo right now? It depends on your timeline and risk tolerance. Lougheed has one of the largest approved development pipelines in Burnaby, which means strong long-term transit and amenity upside, but also a steady supply of new units that can affect short-term resale pricing. I walk every buyer through the specific building and phase before recommending a purchase.

What SkyTrain lines does Lougheed Town Centre station serve? Lougheed Town Centre station is served by both the Expo Line and the Millennium Line, making it one of the only interchange stations outside downtown Vancouver — a rare commuting advantage toward both Vancouver and Coquitlam.

What schools serve the Lougheed neighbourhood? Lougheed falls within Burnaby School District's Cariboo-Lougheed zone, with Cameron Elementary as the local elementary school and Burnaby Mountain Secondary or Cariboo Hill Secondary as the zone's secondary schools. Always confirm catchment for a specific address with the district directly.

Is Lougheed in Burnaby or Coquitlam? Lougheed Town Centre itself sits in Burnaby, right on the North Road boundary with Coquitlam. Depending on which side of North Road a property is on, it may fall under a different municipality, tax rate, and school catchment.

What's being built at Lougheed Town Centre? The City of Burnaby has approved a master plan for roughly 41 acres around the mall site, allowing for up to 23 towers and close to 11,000 homes, alongside a new central plaza, pocket parks, and a replacement for the current Cameron Community Centre.

Thinking About Lougheed? Let's Talk Through the Timing

Lougheed is one of the fastest-changing neighbourhoods in Burnaby, and that makes it one of the harder ones to navigate without someone tracking it closely — which phase of the redevelopment is actually breaking ground, which buildings have pricing that makes sense today, and which streets will look completely different in five years. I follow this market block by block.

If you're considering buying, selling, or investing in Lougheed or anywhere else in Metro Vancouver or the Fraser Valley, I'd be glad to walk you through what I'm seeing right now. Reach out to Stephanie Wong PREC at Luxmore Realty at (778) 960-8269, or schedule a free consultation through my website.