Contact Us
As of 2025, Burnaby has 809 registered strata corporations, spanning sub-regions Burnaby South, Burnaby North and Burnaby East. This large inventory reflects the city’s long-standing embrace of condominium ownership and underscores why a clear, up-to-date Depreciation Report is essential for every Burnaby strata. The first local strata plans were deposited in the late 1960s after the provincial Strata Titles Act took effect, and growth accelerated with the advent of high-rise construction in the 1990s and 2000s. Today Burnaby remains one of British Columbia’s most strata-intensive municipalities, with towers in Metrotown and Brentwood, town-house enclaves in Edmonds, and newer industrial strata parks in Big Bend.
Residential strata corporations are clustered along rapid-transit corridors—SkyTrain’s Expo Line in Metrotown and Edmonds, and the Millennium Line in Brentwood—to maximise density near stations. Commercial and mixed-use strata concentrate around Metropolis at Metrotown, The Amazing Brentwood and Lougheed Town Centre, while purpose-built industrial strata developments such as IntraUrban Brentwood and Marine + Boundary anchor the Still Creek and Big Bend employment zones. This spatial pattern means Depreciation Report planners must account for very different building forms, from forty-plus-storey concrete towers to small-bay warehouse condominiums.
New strata construction will remain robust over the next decade. Approved master plans at Brentwood Block, Gilmore Place, Lougheed Town Centre and Southgate City alone add dozens of residential strata towers, while marine-oriented business parks on North Fraser Way will deliver additional industrial strata stock. Burnaby’s official community plan update, its zoning by-law rewrite, and ongoing provincial housing-supply legislation all reinforce high-density, transit-oriented growth—conditions that heighten demand for transparent Depreciation Reports that give owners confidence in long-term maintenance funding.
Strata plan prefixes in Burnaby typically read NWS (New Westminster Strata Plan), LMS (Lower Mainland Strata Plan), BCS (British Columbia Strata Plan), EPS (Electronic Plan – Strata) or, for certain subdivisions, EPP (Electronic Plan – Land Title Act). Knowing these abbreviations helps Depreciation Report consultants quickly locate historical documents and gauge probable vintage-specific risk factors—for example, earlier NWS plans often pre-date rain-screen requirements, whereas recent EPS filings incorporate high-performance envelopes. As Burnaby’s strata stock ages and expands, timely Depreciation Reports remain the cornerstone of prudent asset management for every owners’ corporation across the city.