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Moovmynt IDMP-1464
Freshness12 days ago
UpdatedJul 8, 2026
Total Layouts27
Verified Layouts27 / 27
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THE CITY OF LOUGHEED - TOWER THREE

COMPLETEDCONDOSELLING
City
BURNABY, BC
Property Type
CONDO
Address
3888 EVERGREEN PLACE
Developer
SHAPE PROPERTIES
Phase
COMPLETED
Completion
Jul 2023
Description
The City of Lougheed – Tower THREE by SHAPE is a completed 37-storey high-rise located at 3888 Evergreen Place in Burnaby’s Cameron neighbourhood. As part of The City of Lougheed master-planned community, Tower THREE represents the final opportunity to own within Neighbourhood ONE, the first phase of this major 37-acre urban destination. The community is part of an extraordinary vision that will include over 20 residential towers, 1.3 million square feet of shopping, dining, and culture, more than 5 acres of public parks and plazas, and a complete neighbourhood experience spanning 16 city blocks. Tower THREE features 262 move-in-ready condo homes, offering 1- to 3-bedroom layouts designed for modern city living. Positioned in the coveted southeast corner of Neighbourhood ONE, Tower THREE offers residents direct access to everyday convenience, transit, retail, restaurants, services, and public gathering spaces. Homes feature contemporary interiors by BYU Design, ceilings starting from 8'6", and parking included in the purchase price. With pricing from $600,000 to $1,000,000, a 5% deposit structure, and current incentives available across select home types, The City of Lougheed – Tower THREE offers a move-in-ready opportunity in one of Burnaby’s most ambitious and connected master-planned communities.
Website
THE CITY OF LOUGHEEDActive
Part of Community

THE CITY OF LOUGHEED

2 sister projects in community

The City of Lougheed is a 37-acre master-planned community by SHAPE in Burnaby, located where the Expo, Millennium and Evergreen SkyTrain lines connect. Designed as a new regional centre, the community will bring together more than 20 residential towers, 1.3 million square feet of commercial space, new shops and restaurants, and over five acres of parks and urban trails. Neighbourhood ONE is now complete with approximately 1,500 homes, more than 22,000 square feet of resident amenities and a growing retail destination anchored by PriceSmart Foods. The community currently offers over 90 shops, restaurants and services, including The Eateries dining area. Residential options include move-in-ready homes in Tower THREE and professionally managed rental homes in Tower FOUR. As future neighbourhoods are completed, The City of Lougheed will continue to grow as a connected destination for living, shopping, dining, recreation and everyday convenience.

DeveloperSHAPE
CityBURNABY, BC
Address3888 EVERGREEN PLACE
Phone604-328-7128
Emailinfo@thecityoflougheed.com
WebsiteVisit
Pricing Insights

Layout Price Range

Project-wide pricing highs, lows, and averages across all recorded layouts.

17.4% below city avg $/SF 141 other projects in BURNABY, BC
Lowest Price
$545,000
across 27 layouts
Highest Price
$1,790,000
top end of this project
Price Spread
$1,245,000
between min and max
Avg Price
$810,037
project average
Best $/SF
$635
lowest per square foot
Avg $/SF
$962
project average
Benchmark Comparison
Project Avg vs City Median
This Project City Median
Bedroom Mix23 priced units across types
1B6
2B17
1 Bed6 units · 26%
$603,000
Project Avg Price
$1,096 $/SF550 avg SF
12.4% discountvs city median $688,000
2 Bed17 units · 74%
$803,294
Project Avg Price
$895 $/SF910 avg SF
18.0% discountvs city median $979,900
Benchmark is the median price of all listings of the same bedroom type in BURNABY, BC.
Detailed BreakdownBenchmark scope · BURNABY, BC
Bedroom TypeUnitsProject Avg PriceCity Median PriceProject Avg Sq FtProject Avg $/SFCity Avg $/SF
1 Bed6$603,000$688,000550 sf$1,096$1,211
2 Bed17$803,294$979,900910 sf$895$1,198
Benchmark columns reflect median values across all listings in BURNABY, BC for the same bedroom type.