Vancouver Neighbourhood
In Cariboo, buyers can expect to secure diverse housing options—from renovated homes to newer townhouses and condos—averaging around $519,000, offering solid value for those seeking East Burnaby real estate with convenient SkyTrain access. First-time buyers and families particularly benefit from the neighbourhood's affordability and proximity to transit, schools, and shopping without the premium pricing of central Burnaby or Vancouver.
Avg recent sale: $522,967
Cariboo is an increasingly popular East Burnaby neighbourhood that offers excellent value in the region's competitive real estate market. Located near the Lougheed Town Centre SkyTrain station, Cariboo provides convenient access to transit, shopping, and employment centres throughout the Lower Mainland. The neighbourhood features a diverse housing stock, including older character homes, modern townhouses, and well-maintained condos, making it an ideal destination for first-time buyers and families seeking affordability without compromising on location. Current Cariboo real estate listings average $518,900, with properties ranging from $499,800 to $538,000, offering significant purchasing power compared to neighbouring communities.
The area is characterized by tree-lined streets, a strong sense of community, and proximity to quality schools and recreational facilities. Residents enjoy easy access to Lougheed Town Centre for shopping and dining, while the nearby SkyTrain station connects commuters directly to Burnaby and Vancouver employment hubs. This transit-oriented location has made Cariboo MLS listings particularly attractive to professionals working in downtown Vancouver or across the Metro Vancouver region. The neighbourhood's sale-to-list ratio of 96.6% reflects the strong buyer interest in this pocket of East Burnaby.
Cariboa homes for sale appeal to diverse demographics, from young professionals entering the market to established families seeking space and value. The average price per square foot of $603 provides excellent opportunity for buyers to maximize their investment while securing a stable foothold in the Greater Vancouver real estate market. Whether you're searching for Cariboo MLS listings for investment purposes or primary residence, the neighbourhood's blend of affordability, transit accessibility, and community amenities makes it a compelling choice in today's real estate landscape. The area continues to attract buyers who prioritize value, convenience, and quality of life over premium pricing.
Listed by Sutton Group - Vancouver First Realty
$640,000
$629,000
Cariboo
Sold Feb 10, 2026