The City of Lougheed First Neighbourhood by Shape Properties – Availability, Plans, Prices

City of Lougheed - A mixed-use Burnaby development of four towers with condos, apartments, and commercial space.

The City of Lougheed First Neighbourhood, Burnaby

Move In: 2025

LUNAR NEW YEAR PRICE: $1,332,000

City of Lougheed - A mixed-use Burnaby development of four towers with condos, apartments, and commercial space.

City of Lougheed – At a Glance

🎁 Latest Incentives & Pricing for The City of Lougheed

(Updated on March 6, 2026)

💰 Pricing Information

💰 Starting Price: LUNAR NEW YEAR PRICE: $1,332,000

📅 Estimated Completion: 2025

🎁 Incentives as of March 2026

  • Lunar New Year pricing


View All Vancouver Presale condo Incentives →

📊 Price Grid as of March 2026

Unit #3201 (3 Bed + Den, 1,273 SF): $1,332,000

🎁 Incentives as of February 2026

  • Unit #602 (2 Bed + Den) priced at $813,000 (was $821,000)
  • Completion flexibility is up to a maximum of 8 months from the date of the Agreement of Purchase and Sale
  • Incentives end Sunday, March 8th
  • $8,000 off All Homes
  • Home Upgrade Valued up to $7,500
  • Prize Draw: $100 Gift Card to The City of Lougheed Shopping Centre
  • Complimentary dim sum by MAMAintheKitchen
  • 10 Lunar New Year homes available
  • Available for new home purchasers only
  • ONE HOME UPGRADE (Draw to win: 12 Months of Strata Fees, Storage Locker, PriceSmart Foods Gift Card ($5,000 Value), or The City of Lougheed Gift Card (Up to $5,000 Value))
  • Secure a move-in ready home at today’s lunar new year pricing
  • New home purchasers can draw to win one home upgrade from the following: 12 Months of Strata Fees, a Storage Locker, a $5,000 PriceSmart Foods Gift Card, or up to a $5,000 The City of Lougheed Gift Card.
  • Includes one storage locker
  • 8 MONTHS OF CLOSING FLEXIBILITY* Secure a move-in ready home at today’s lunar new year pricing, with the option to close up to 8 months from now
  • Draw to win one of the following home upgrades from our lucky Fortune Cabinet: 12 Months of Strata Fees; Storage Locker; PriceSmart Foods Gift Card ($5,000 Value); or The City of Lougheed Gift Card (Up to $5,000 Value)
  • 8 MONTHS OF CLOSING FLEXIBILITY: Secure a home with the option to close up to 8 months from the date of the Agreement of Purchase and Sale.
  • Draw to win one home upgrade from the lucky Fortune Cabinet (Available for new home purchasers only): 12 Months of Strata Fees; Storage Locker; PriceSmart Foods Gift Card ($5,000 Value); or The City of Lougheed Gift Card (Up to $5,000 Value).
  • 8 MONTHS OF CLOSING FLEXIBILITY* Secure a move-in ready home at today’s lunar new year pricing, with the option to close up to 8 months from now.
  • Draw to win one of the following home upgrades from our lucky Fortune Cabinet: 12 Months of Strata Fees; Storage Locker; PriceSmart Foods Gift Card ($5,000 Value); or The City of Lougheed Gift Card (Up to $5,000 Value).

📊 Price Grid as of February 2026

Unit #602: 2 Bed + Den / 2 Bath - $813,000 ($836 PPSF)

🎁 Incentives as of December 2025

  • The 1,491 SF home priced at $1,550,000 includes a 503 SF terrace, two parking stalls, and one storage locker.
  • Price for Penthouse includes two parking stalls and one storage locker.
  • The 1,491 SF home includes a 503 SF terrace, two parking stalls, and one storage locker.
  • Special holiday pricing on 10 selected homes.
  • Prices starting from $842 PPSF.
  • For 1 Beds: Client receives a $5,000 discount
  • Holiday Offer
  • For 1 Beds: Client gets a $5,000 discount
  • For 2 Beds or Larger: Client gets a $10,000 discount
  • Holiday home offers on 10 specially priced homes.
  • For 1 Bedroom units: Client receives a $5,000 discount.
  • For 2 Bedroom or larger units: Client receives a $10,000 discount.
  • Client incentive: $5,000 discount on 1-bedroom homes.
  • Client incentive: $10,000 discount on 2-bedroom or larger homes.
  • 10 specially priced holiday homes available.
  • Holiday Offer: 10 specially priced holiday homes
  • Special Pricing From $842 PPSF
  • Client Incentive (1 Beds): $5,000 discount.
  • Prize Draw for event attendees: $250 Gift Card to The City of Lougheed Shopping Centre.
  • Client receives a $5,000 discount on 1-bedroom homes.
  • Client receives a $10,000 discount on 2-bedroom or larger homes.
  • 10 specially priced homes available.
  • Exclusive Holiday Sales Event with 10 specially priced homes.
  • Festive holiday-themed refreshments provided at the event.
  • Prize Draw for a $250 Gift Card to The City of Lougheed Shopping Centre for event attendees.
  • Final Penthouse (PH2) in Tower 2 is a 1,491 SF 2 Bed + Den Loft priced at $1,550,000.
  • Includes a 503 SF terrace.
  • Includes two parking stalls and one storage locker.

📊 Price Grid as of December 2025

PH2 2 BED + DEN $1,550,000

📊 Price Grid as of November 2025

Unit #202 - 2 BED + DEN / 2 BATH - 972 SQ. FT. - $805,000

🎁 Incentives as of October 2025

  • Client Discount (1 Bed units): $5,000 discount.
  • Client Discount (2 Beds or Larger units): $10,000 discount.
  • Client Discount: $5,000 for 1 Bed units.
  • Client Discount: $10,000 for 2 Bed or Larger units.
  • Incentives are limited-time offers.
  • Incentives are only available through Realtors who attended the exclusive Realtor event.
  • New pricing introduced for larger homes.
  • Condition: Incentives are limited-time.
  • Condition: Incentives are only available for Realtors who attended the exclusive Realtor event.
  • Client Incentive (1 Bed): $5,000 discount.
  • Client Incentive (2 Beds or Larger): $10,000 discount.
  • Client Incentive (1 Bedroom): $5,000 discount.
  • Client Incentive (2 Bedroom or Larger): $10,000 discount.
  • Homes are priced Below Replacement Cost Pricing.
  • Incentives are exclusive and only available for Realtors who attend the event.
  • Availability of popular 2 bedroom and den homes starting in the low $800Ks.
  • Specific unit available: Unit #502, 2 Bed + Den / 2 Bath, 972 SF interior, 318 SF exterior, priced at $819,000.

📊 Price Grid as of October 2025

NEWLY Priced Larger Homes
2 Bedroom + Den homes from $805,000 ($828 PSF)

🎁 Incentives as of August 2025

  • Specially priced home

📊 Price Grid as of August 2025

| Unit | Bedrooms | Bathrooms | Price |
|---|---|---|---| 
| 1905 | 2 | 2 | $749,000 |

REDMA COMPLIANCE: All incentive and pricing information is automatically extracted from developer communications and is subject to change without notice. This information does not constitute a binding offer. All sales are subject to execution of Purchase and Sale Agreement and developer approval. Prospective purchasers must verify current incentives and pricing directly with the developer’s authorized sales representatives and review all REDMA-required disclosure documents before making purchase decisions. Licensed real estate services provided under RESA regulations. E.&O.E.

  • This Burnaby presale condo is located at Austin Road and North Road
  • 4 towers from 31 to 57 storeys
  • 1,350 condos + 237 rental apartments
  • 90,000 sq ft of retail & restaurant space
  • 18,000 sq ft of amenities
  • steps from 300+ shops & restaurants of The City of Lougheed
  • 10-minute walk to Cameron Elementary School
  • 12 minutes from Cameron Recreation Complex & Cameron Park
  • 40 minutes to downtown Vancouver by SkyTrain

City of Lougheed - The first phase consisting of four towers with 1,350 condos and 237 apartments.

An Unmatched Real Estate Opportunity at City of Lougheed

First Neighbourhood is the first residential phase of the 37-acre The City of Lougheed master-planned community by Shape Properties. It consists of four mixed-use towers, of which three have 1,350 condominiums and one is an exclusive rental apartment building. Floor plans range from one to three bedrooms with interiors from 547 to 1,249 sq ft. Homeowners can choose from three luxurious colour schemes and enjoy timeless features such as Bosch appliances, a kitchen island and pantry, European cabinetry, a full-size laundry room, and more. The podium offers 90,000 sq ft of commercial space for cafés with patios, shops, restaurants, and a grocery store. An 18,000-sq-ft amenity facility is located in the neighbourhood’s southwest corner. Its three levels include lounges, dining spaces, workstations, a gym, children’s play areas, music rooms, and a community garden.

City of Lougheed Location

A home at The City of Lougheed will be an investment in what is to become one of Metro Vancouver’s most coveted addresses. The community will encompass over 10,000 homes in 23 towers, hundreds of new shops and restaurants, five acres of lush parks, abundant tree-lined boulevards, and vibrant plazas within an area the size of 16 city blocks. Many more dining and shopping options are within walking distance along North Road. Nearby Cameron Recreation Complex offers a library, an indoor cycling track, a gym and raquet sports, weight and cardio rooms. The surrounding park includes a spray park and playground. For families, Cameron Elementary School is just next door. With two SkyTrain lines meeting outside your door and convenient access to Lougheed Highway and Highway 1, you’re never far from where you want to be — what puts Neighbourhood One at the nexus of energy, diversity, and community.


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Pricing for The City of Lougheed First Neighbourhood


Starting from $475,000. Sign up today to my VIP list above for priority access to The City of Lougheed First Neighbourhood updates.

Floor Plans for The City of Lougheed First Neighbourhood

Ranging from 547 to 1,249 sq ft, each 1-, 2-, and 3-bedroom home features an open-plan design and expansive terraces with views of downtown Vancouver, Burnaby Lake, Simon Fraser University, Mount Baker, and the North Shore mountains.

Contact me today to discuss availability and plans according to your needs.

The City of Lougheed First Neighbourhood Interiors

Homeowners can choose from three luxurious colour schemes and enjoy timeless features including L-shaped kitchens, a kitchen island, European cabinetry, and more.

The City of Lougheed First Neighbourhood Interiors - Homeowners can choose from three luxurious colour schemes.

Homes & Design

  • Open-plan designs with 8’8″ ceilings in main living areas that allow abundant natural light
  • European laminate wood flooring in main living areas
  • Bosch side-by-side washer/dryer laundry room with built-in storage space, hanging rod, and work surface
  • Designated space for home owners’ own custom work station or millwork (most homes)
  • Sleek mesh roller shades for privacy and superior light-control
  • Convenient USB and 4-plug outlets
  • Individual unit-controlled air conditioning system
  • Fibertech super fast internet speeds

Integrated Bosch appliances include a chef-style wall oven and a 4- burner gas cooktop.

European Kitchens

  • Generous kitchen island with breakfast bar in every home
  • Choose from three colour schemes: Pearl White, Cashmere Grey, or upgrade to Jet Black
  • European cabinetry with soft-close hardware and integrated pulls
  • Full-height cabinetry and L-shaped kitchen design provides up to 30% more storage space
  • Polished quartz countertops complemented by marble herringbone backsplash or marble slab backsplash in the Jet Black upgrade scheme
  • Bosch stainless steel appliances:
    • Integrated refrigerator with bottom-drawer freezer
    • 4-burner gas cooktop with pullout hood fan
    • Convection wall oven
    • Integrated dishwasher
  • Panasonic stainless steel microwave
  • Sleek-profile stainless steel single-bowl sink
  • Recessed lighting throughout with under-cabinet task lighting
  • Grohe polished chrome faucet with swivel spout and pullout spray
  • Convenient in-cabinet recycling and disposal station & sorting bins

Floating European cabinetry with quartz countertop and undermount sink.

Modern Bathrooms

  • Luxurious 12″ x 24″ porcelain tile
  • Floor-to-ceiling porcelain wall tile & tub shower surround
  • Polished quartz countertops
  • Kohler reclined soaker bathtub and water-saving dual-flush toilets
  • Grohe polished chrome finish fixtures
  • Elegant undermount sink and floating European cabinetry with soft-close hardware

Amenities at The City of Lougheed First Neighbourhood

The First Neighbourhood’s remarkable 18,000-sq-ft facility spans three levels. It is favourably located in the southwest corner of the First Neighbourhood, providing the best light and views of the animated streetscape.

Lounges, private dining room, co-working stations, music rooms, crafts room, children's play area.
The facility’s lower level offers a variety of breakout spaces for individual or group use.

  • Private event spaces for dining and lounging, with full entertaining kitchens
  • Dedicated music rooms
  • Quiet business or study stations
  • Children’s play area, family lounge and adjacent crafting room
  • Large multi-purpose room with kitchenette that accommodates up to 30 people

Features a gym, yoga studio, table tennis, and a large lounge with a billiards table.
Located on the first podium level, the amenity’s second floor is purposefully designed to create communal recreation spaces with views to an interior green courtyard and the nearby shopping boulevard.

  • State-of-the-art fitness equipment, including stationary bikes and rowing machines
  • Stretching zones, lockers and a full selection of free weights
  • Table tennis amenities
  • Billiards area and lounge
  • Yoga and Pilates studio
  • Generous common-area lounge with contemporary furnishings

Rooftop terrace with a lounge, dining space, community garden, lawn, and seating areas.
Residents can enjoy spectacular sunsets and fresh air on the facility’s rooftop, where community gardens and areas for lounging and open-air yoga await.

  • Outdoor lounge and dining area
  • Rooftop community garden plots with gardening amenities
  • Peaceful trellised seating areas, plus outdoor barbecues for grilling up a feast
  • Landscaped edges for a park-like feel
  • Grassy areas that are ideal for relaxing or hosting outdoor events

Parking and Storage
A private storage space and at least one secure underground parking stall are included with each home. Bike repair areas and pet wash stations are available in each residential tower.

Maintenance Fees at The City of Lougheed First Neighbourhood

The presale estimate for maintenance fees is $0.49 per sq ft per month. Please note these fees are subject to change post completion.

Developer Team for City of Lougheed

Shape Properties

Shape Properties is the real estate investment, development, and management company leading some of the largest and most exciting projects in North America. With more than 370 acres in their growing portfolio, SHAPE currently manages more than 2.7M sq ft of commercial space with over 3.5M sq ft of commercial and residential space under construction. Their group of companies is designed to operate as a fully-integrated platform or independently, to add specialized value. With a thoughtful approach and continuous pursuit of innovation, Shape strives to deliver the best of retail, residential, office, and mixed-use real estate worldwide.

James K.M. Cheng Architects is a collaborative architecture & urban design practice that prides itself on creating meaningful and dynamic built environments. Based in Vancouver, the firm is recognized for its pioneering contribution to West Coast architecture and city building. Founded by James Cheng in 1978, the 30-person practice has grown to specialize in a variety of scales with a strong emphasis on the integration of urban, landscape, architectural, and interior design. Their portfolio includes local and international master planning, as well as residential, commercial, and institutional projects. James KM Cheng Architects has been recognized with some of Canada’s most prestigious awards, which include the Order of Canada and the Royal Architectural Institute of Canada’s Governor General’s Medal.

GBL Architects is a progressive Vancouver-based firm of 38 architects, project managers, and technicians with a 25-year reputation of providing a full range of architectural services to the private and public sector. GBL design with the belief that form plays a vital role in defining experience through an ever-changing dynamic between sculptural artistry and social responsibility. To that end, they regularly practice green design through the LEED Canada Program. Recently featured projects include Alden, Kingsway & Duke, and CF Richmond Centre.

A 37-acre master-planned community of 20 towers with over 10,000 homes.

Expected Completion for The City of Lougheed First Neighbourhood
End of 2023.

Are you interested in learning more about other homes in Brentwood, Metrotown, or Lougheed?

Check out Impressions, The Amazing Brentwood, Slate, and these great Burnaby Presales!

Frequently Asked Questions

When will The City of Lougheed be completed?

Completion is estimated for 2025.

Who is developing The City of Lougheed?

The City of Lougheed is developed by Shape.

How much will my mortgage be at The City of Lougheed?

Calculate your monthly payments using our 40 year mortgage calculator canada based on The City of Lougheed pricing and your down payment amount.

What’s the GST rebate for new construction in BC?

First-time home buyers in BC can receive up to $36,000 in combined GST and PTT rebates. Use our GST rebate calculator to calculate your exact savings.

Where can I find all presales across BC?

Have a look at our list of all the Presales Condos Vancouver has to offer as well as the developments across British Columbia with pricing, floor plans, and completion dates.

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