Avg. 1BR Rent
$2,250/mo
Avg. 2BR Rent
$3,150/mo
Source: Zumper, liv.rent · Updated April 2026
Capitol Hill is one of North Burnaby’s most desirable residential areas, distinguished by its elevated topography which affords many properties spectacular panoramic views of the North Shore mountains and Burrard Inlet. This unique geography, combined with its quiet, tree-lined streets, creates strong rental demand from tenants seeking a tranquil yet connected lifestyle. Proximity to Simon Fraser University also fuels a consistent demand for student housing. For property owners, the neighbourhood’s stable, family-oriented character and desirable location make it a prime area for long-term rental investment, where professional management is key to maximizing returns and securing high-quality tenants.
Local Landmarks & Transit
The neighbourhood is anchored by the Capitol Hill Reservoir Park, a popular spot for its stunning 360-degree views. Residents have excellent access to recreational facilities, including Confederation Park, which offers a water park, library, and the Eileen Dailly Leisure Pool & Fitness Centre. The nearby Heights shopping district along Hastings Street provides a vibrant mix of independent shops, bakeries, and restaurants. While the area is primarily residential, it offers convenient bus transit along Hastings and Willingdon, connecting to the SkyTrain network and Simon Fraser University, making it a practical choice for commuters and students alike.
Building Types & Housing Stock
The housing stock in Capitol Hill is predominantly composed of well-maintained single-family homes, many of which feature secondary suites that provide a significant portion of the area's rental inventory. These suites are popular among students and young professionals. The neighbourhood also has a number of older, low-rise apartment buildings from the 1960s and 70s, offering more affordable rental options. While large-scale new development is limited, preserving the area's character, there has been some construction of duplexes and modern custom homes, slowly increasing housing diversity and density.
Typical Tenant Profile
The tenant profile in Capitol Hill is a diverse mix. It includes long-term residents, families drawn to the area's schools and parks, and a significant number of students attending nearby Simon Fraser University. Young professionals and couples also find the neighbourhood appealing for its balance of residential calm and accessibility to regional employment hubs. Tenants here generally prioritize safety, community feel, and access to outdoor recreation. The demand for well-maintained secondary suites is particularly high, attracting tenants who appreciate the privacy and space that this form of housing offers.
Market Insight
The rental market in Capitol Hill is characterized by its stability and consistently low vacancy rates. Its reputation as a safe, family-friendly community with excellent views underpins strong, long-term tenant demand. While not subject to the rapid price fluctuations of more central, transit-oriented hubs, Capitol Hill commands premium rents for properties with views or recent renovations. The proximity to SFU provides a reliable and continuous stream of potential tenants, insulating landlords from seasonal market downturns. Investment in this area is considered secure, with a focus on steady appreciation and reliable rental income rather than short-term speculation.
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Get Your Free AssessmentFrequently Asked Questions
What is the average rent for a secondary suite in Capitol Hill?
As of April 2026, a one-bedroom basement or laneway suite in Capitol Hill typically rents for between $2,100 and $2,400 per month, depending on size, age, and quality of finishes. Suites with better views or ground-level entry command higher prices.
Is Capitol Hill a good neighbourhood for families who rent?
Yes, Capitol Hill is highly regarded as a family-friendly neighbourhood. It boasts several parks, including Confederation Park with its many amenities, and is within the catchment for well-regarded public schools. The quiet, residential streets make it a safe environment for children.
How is the transit access in Capitol Hill?
While there is no SkyTrain station directly in Capitol Hill, the area is well-serviced by frequent bus routes along Hastings Street and Willingdon Avenue. These routes provide direct connections to the Brentwood Town Centre and Gilmore SkyTrain stations, as well as a direct bus link to Simon Fraser University.
What are the main attractions near Capitol Hill?
The key attraction within the neighbourhood is Capitol Hill Reservoir Park, famous for its panoramic views. It is also very close to The Heights, a popular shopping and dining district on Hastings Street. Confederation Park offers extensive recreational facilities, and the PNE/Playland is just a short drive away.
Are there many new rental buildings in Capitol Hill?
No, large-scale new rental development is not common in Capitol Hill. The rental market is dominated by secondary suites in single-family homes and units in older, low-rise apartment buildings. This limited supply helps keep vacancy rates low and rental demand high.
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