About Cascade Village

History

Cascade Village (NW 2153) is an owner-occupied strata property located in Burnaby, BC. Built in 1986, the village spans 13 acres of mature landscaped gardens and comprises 240 strata lots varying in size, layout and architectural design.

Before its redevelopment, the site was home to Cascades Drive-In—one of BC's and Canada's first drive-in theatres. It opened in 1946 and operated until 1980, after which it was demolished to make way for Cascade Village.

Cascades Drive-In, 1951

Photo credits: Vintage Air Photos

Cascade Village, today

What is a strata property?

Cascade Village is a strata property, and purchasing a strata lot means investing in a multi-million dollar corporation—the strata itself. Your investment goes beyond your individual unit to include the shared assets of the corporation, such as common and limited common property.

Strata corporations operate as legal entities governed by British Columbia’s Strata Property Act. As an owner, you—along with fellow owners—manage the corporation’s affairs through an elected strata council, as outlined in the Act.

Strata council members are elected annually during the general meeting, with monthly meetings held to discuss key decisions. Owners can stay informed by reviewing meeting minutes and reaching out to the council through the property manager. Issues are typically addressed in the council’s monthly meetings.

If you currently own or are considering purchasing a strata lot, understanding strata corporations, their legal framework, and your responsibilities as an owner is essential.