Burnaby Lake homes for sale

What does a home cost in Burnaby Lake?

Burnaby Lake has 15 active MLS® listings. The median asking price is $1.89M, with homes listed from $1.27M to $4.39M. That is about 110% above the Burnaby median of $898K. Figures reflect current asking prices on active listings, refreshed hourly, not sold prices.

What types of homes are for sale in Burnaby Lake?

Detached listings make up 67% of what is for sale in Burnaby Lake (10 of 15 listings), with a median asking price of $1.94M. Half-duplex listings are next at 20%, typically asking $1.65M.

How does Burnaby Lake compare to other areas?

For context across the region: Whalley (median $549K), Willoughby Heights (median $837K), Abbotsford West (median $700K). Burnaby Lake carries the highest median asking price of this group. Comparing a few adjacent areas is often the fastest way to see whether a listing is priced with its street or against it.

What kind of homes are in Burnaby Lake?

Burnaby Lake is a detached-house neighbourhood. 67% of the homes on the market are single-family houses on their own lot, so the supply is set by how many owners decide to sell in a given season.

The next largest group is half duplexes, at 20% of what is listed.

Construction dates are spread out. The median home for sale dates to 1983, with most of the market falling between 1958 and 2026, so condition and updates vary a lot from listing to listing.

20% of the current listings were built in the last five years, so new-construction inventory is a real option here rather than an exception.

What do you actually get for the money?

93% of the homes for sale have four or more bedrooms, with the 6-bedroom plan the most common of all. Family-sized space is the norm rather than the premium option.

A typical listing here offers about 2,687 sq ft of living space and 4 bathrooms.

Where a lot is reported, the median is 9,860 sq ft, which is what sets the ceiling on additions, laneway homes and future redevelopment.

33% of the listings report a finished basement, which in this city usually means either extra family space or a mortgage helper.

Enclosed parking is standard: 80% of listings include a garage.

Strata or freehold?

27% of the active listings are strata-titled and the rest are freehold, so the ownership question is a live one in Burnaby Lake rather than settled by the neighbourhood.

Getting around Burnaby Lake

87% of the homes for sale sit within walking distance of rapid transit. Commuting without a car is a genuine option from most addresses in Burnaby Lake.

Across 9 scored listings the median walk score is 39 out of 100, computed from real walking routes. Day-to-day errands here usually involve a drive or a bus.

Cycling scores better than walking in a lot of the city, and it does here too: the median bike score across scored listings is 68.