Officially Government Road is bounded by Lougheed Highway to the north, Brighton Avenue to the east, Burnaby Lake to the south and Sperling Avenue to the west. The Government Road area is a neighbourhood consisting primarily of single detached houses on large estate size lots. Luxury homes are common. From a real estate perspective however the Real Estate Board of Greater Vancouver extends the eastern boundary past Brighton Ave all the way to the intersection of Government St and Lougheed Highway. This eastern extension is predominately a multifamily area consisting of both condo and townhouse type developments.

The City of Burnaby's Goverment Road Neighbourhood Profile is a great resource for key local demograhic data.

 

Number of Homes: 2818 which includes all houses, townhouses and condos.

 

Age of Area: Homes date back to the 1940's.

 

Active New Construction: Yes the majority of new construction consists of infill single family homes.

 

Approximate Size of Houses: The average house size is around 3700sqft.

 

Approximate Lot Sizes: +/- 10,000sqft

 

Schools:

To locate a school for a particular address click here.

More information on School District 41.

 

Location of the Government Road area

Sales Data (last 30 days)

Recent Sales: Condos=9; Townhomes=3; Houses=4

 

Average Sales Price: Condos=$286,000; Townhomes=$492,000; Houses=$1,198,000

 

Average Days on Market: Condos=18 Days; Townhomes=44 Days; Houses=62 Days

 

Number of Homes on the Market Today: Condos=19; Townhomes=11; Houses=10

 

For the latest real estate market information in the Government Road area call David Reimers at 604.939.6666

This Government Road Burnaby real estate report was prepared by David Reimers on Feb 18th, 2014.