Deer Lake Place, Burnaby Houses with Basement for Sale

Burnaby houses with basements are among the most in-demand in Metro Vancouver — positioned midway between Vancouver and the Tri-Cities, they offer SkyTrain-accessible living alongside the income potential of a lower-level suite in a market where property values continue to climb. There are currently 11 houses with basement for sale in Deer Lake Place, Burnaby. Prices range from $1,584,900 to $2,998,000. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates. Burnaby's older neighbourhoods — Burnaby Heights, Capitol Hill, Oakalla, and South Burnaby — are dense with 1950s–1970s bungalows and two-storeys with full basements, the majority already adapted into suites. Burnaby City has an active secondary suite registration program. A 1-bedroom basement suite in Burnaby typically rents for $1,400–$1,900/month; 2-bedroom suites achieve $1,800–$2,400/month — one of the stronger suite rental markets in Metro Vancouver.

↓ Buyer's Market
11
Active Listings
1
Sold (30 days)
9.1%
Sales Ratio
Buyer's Market
$1.93M
Median List Price
$687
Avg $/sqft
6
Avg Days on Market
Sale-to-List Ratio & Sold Prices
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The houses market in Deer Lake Place, Burnaby is currently a Buyer's Market with a 9.1% sales ratio — 1 homes sold against 11 active listings in the past 30 days. The median asking price is $1,925,000 ($687/sqft). Properties are selling very quickly, averaging 6 days on the market.

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Market Activity by Price Range — Deer Lake Place, Burnaby

Price Range Active Sold (30d) Sales Ratio
$1.5M–$1.75M 2 0 0%
$1.75M–$2M Most Active 5 1 20%
$2M–$2.5M 2 0 0%
$2.5M–$3M 2 0 0%

Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.

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Frequently Asked Questions — Deer Lake Place, Burnaby

How many houses are for sale in Deer Lake Place, Burnaby?
There are currently 11 houses listed for sale in Deer Lake Place, Burnaby. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for houses in Deer Lake Place, Burnaby?
It is currently a Buyer's Market. With a 9.1% sales ratio, there are more houses available than buyers are purchasing, giving buyers more time and negotiating power. See the full Burnaby Houses market report for monthly trends.
What is the median price of houses in Deer Lake Place, Burnaby?
The median asking price for houses in Deer Lake Place, Burnaby is $1,925,000. The average price per sqft is $687. See the full Burnaby Houses market report for monthly trends.
How long do houses take to sell in Deer Lake Place, Burnaby?
Houses in Deer Lake Place, Burnaby are averaging 6 days on market before selling. This is a fast-moving market — act quickly when you find a property you like.
Are basements common in Deer Lake Place, Burnaby houses?
Many houses in Deer Lake Place, Burnaby include finished or partially finished basements that can serve as extra living space, recreation rooms, or potential rental suites. Always verify basement ceiling height, permits, and legal suite status.

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