Upper Deer Lake, 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 15 houses with basement for sale in Upper Deer Lake, Burnaby. Prices range from $1,738,880 to $2,999,888. 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.

Market summary

The houses market in Upper Deer Lake, Burnaby is currently a Buyer's Market with a 6.7% sales ratio — 1 homes sold against 15 active listings in the past 30 days. The median asking price is $2,348,000 ($816/sqft). Properties are selling slowly, averaging 75 days on the market.

Types:
Beds
Baths
Price
Min Sqft
Sort

For Sale

15 listings

Recently Sold

35 sold nearby
↓ Buyer's Market
15
Active Listings
1
Sold (30 days)
6.7%
Sales Ratio
Buyer's Market
$2.35M
Median Price
$816
Avg $/sqft
75
Avg Days
Sale-to-List Ratio & Sold Prices
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Market Activity by Price Range — Upper Deer Lake, Burnaby

Price Range Active Sold (30d) Sales Ratio
$1.5M–$1.75M Most Active 2 1 50%
$1.75M–$2M 4 0 0%
$2M–$2.5M 5 0 0%
$2.5M–$3M 4 0 0%

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

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Frequently Asked Questions — Upper Deer Lake, Burnaby

How many houses are for sale in Upper Deer Lake, Burnaby?
There are currently 15 houses listed for sale in Upper Deer Lake, Burnaby. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for houses in Upper Deer Lake, Burnaby?
It is currently a Buyer's Market. With a 6.7% 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 Upper Deer Lake, Burnaby?
The median asking price for houses in Upper Deer Lake, Burnaby is $2,348,000. The average price per sqft is $816. See the full Burnaby Houses market report for monthly trends.
How long do houses take to sell in Upper Deer Lake, Burnaby?
Houses in Upper Deer Lake, Burnaby are averaging 75 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are basements common in Upper Deer Lake, Burnaby houses?
Many houses in Upper Deer Lake, 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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