Vancouver Neighbourhood
157 Homes for Sale in Cariboo, BC
At an average listing price of $446,915 and median of $469,000, Cariboo offers solid value in Burnaby's real estate market—buyers typically find well-maintained homes or updated townhouses with reliable transit access and proximity to shopping and amenities. The 98.6% sale-to-list ratio suggests homes are selling close to asking price, making this an efficient market for both purchasers and sellers.
Avg sold:$747,933
Avg list:$446,915
$/sqft:$499
Sale/list:98.6%
Active Listings in Cariboo
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Recently Sold in Cariboo
Avg recent sale: $747,933
About Cariboo
Cariboo is a vibrant, affordable East Burnaby neighbourhood that has become increasingly popular with first-time homebuyers and young families seeking value in the Greater Vancouver real estate market. Located near Lougheed Town Centre SkyTrain station, this community offers excellent transit connectivity, making commuting to downtown Vancouver, Burnaby's employment centres, and surrounding areas convenient and stress-free. The neighbourhood features a diverse housing stock including well-maintained older homes, modern townhouses, and condominiums, providing options for various lifestyles and preferences. With Cariboo MLS listings averaging $446,915 and a median list price of $469,000, this area represents one of the more accessible entry points into Burnaby real estate for budget-conscious buyers. Recent sale data shows a strong 98.6% sale-to-list ratio with an average price per square foot of $499, indicating a balanced and active market. The neighbourhood is well-positioned for those seeking proximity to shopping, dining, and recreational amenities near Lougheed Town Centre. Families appreciate the area's walkable streets, local parks, and access to schools throughout Burnaby. Cariboo homes for sale range from $75,000 to $869,000, offering flexibility across different price points and buyer profiles. Whether you're a first-time buyer looking to enter the market or an investor seeking rental opportunities, Cariboo real estate presents compelling options with strong fundamentals and community appeal.
Why Cariboo?
- Excellent SkyTrain access via Lougheed Town Centre station for quick transit to downtown Vancouver
- Average home prices around $447K with sale-to-list ratio of 98.6%, reflecting a balanced, active market
- Diverse housing stock including homes, townhouses, and condos suitable for first-time buyers
- Wide price range from $75K–$869K accommodating various buyer budgets and investment strategies
- Walkable neighbourhood near Lougheed Town Centre with shopping, dining, and recreation close by
