Deer Lake marketplace
Deer Lake Real Estate — Townhomes, Duplexes & Multiplex Homes for Sale
10 active multiplex and townhome listings in Deer Lake, Burnaby, BC. Filter by home type below, or scroll down to browse every home.
About Deer Lake
Deer Lake covers the central Burnaby area around Deer Lake Park, taking in the Buckingham pocket and the Burnaby Hospital catchment south toward BCIT. The park itself — Deer Lake and its surrounding trail system — anchors the neighbourhood; the Shadbolt Centre for the Arts and the Burnaby Art Gallery sit on the lake's north shore, giving the area a cultural presence rare in suburban Burnaby. Streets are quiet, tree-lined, and predominantly single-family with steady new multiplex conversion on corner and double lots. Schools include Buckingham Elementary and Burnaby Central Secondary, with BCIT close enough to be a factor for households tied to the campus.
Established families who want park-adjacent living without leaving an urban area, professionals tied to Burnaby Hospital or BCIT who want a short commute, and downsizers from larger Burnaby lots who want to stay in central Burnaby with walking access to the park.
Deer Lake is a stable, lower-volume ground-oriented market — turnover is slow and new-build inventory is limited compared to higher-supply areas like Forest Glen or Edmonds. The limited supply and park-adjacent premium keep pricing above the central Burnaby average for comparable formats, which also means resale conditions tend to be competitive when a well-located unit does come up.
Home types in Deer Lake
Townhomes
Ground-oriented townhomes with their own front door, often three storeys, side-by-side with neighbours.
1 active
Median $1,119,900
View townhomes for sale →
Duplexes
Two-home buildings — side-by-side or stacked — that give you a full home without the cost of a detached lot. In BC, these are often listed as half duplexes on MLS®.
9 active
Median $2,095,000
View duplexes for sale →
Triplexes
Three-home multiplex buildings, often built under BC's small-scale multi-unit housing rules. Most active inventory is pre-sale or coming-soon.
0 active
Pre-sales available
View triplexes for sale →
Fourplexes
Four-home multiplex buildings — also called 4plex or quadruplex — the most common new-build format in BC's missing-middle housing rollout.
0 active
Pre-sales available
View fourplexes for sale →
Multiplexes
All multiplex formats in one place — duplexes, triplexes, fourplexes, and any larger ground-oriented buildings.
10 active
Median $2,041,500
View multiplexes for sale →
Nearby neighbourhoods
Buying a multiplex in Deer Lake
What multiplex homes are for sale in Deer Lake, Burnaby?
There are currently 10 active multiplex and townhome listings in Deer Lake, Burnaby, BC — including duplexes, triplexes, and fourplexes. Prices range from $1,119,900 to $2,498,000. MultiLiving updates these listings daily from the Greater Vancouver MLS® feed. You can filter by home type (duplex, triplex, fourplex) and see pre-sale options alongside active MLS® inventory. To be notified the moment a new listing appears in Deer Lake, save the search from any listing card.
Is Deer Lake a good neighbourhood to buy a duplex or fourplex?
Established families who want park-adjacent living without leaving an urban area, professionals tied to Burnaby Hospital or BCIT who want a short commute, and downsizers from larger Burnaby lots who want to stay in central Burnaby with walking access to the park. Deer Lake is a stable, lower-volume ground-oriented market — turnover is slow and new-build inventory is limited compared to higher-supply areas like Forest Glen or Edmonds. The limited supply and park-adjacent premium keep pricing above the central Burnaby average for comparable formats, which also means resale conditions tend to be competitive when a well-located unit does come up. MultiLiving's agents specialize in multiplex purchases in Deer Lake and can pull recent comparable sales to help you assess whether the current asking price reflects fair market value.
How do I buy a multiplex in Deer Lake?
To buy a multiplex in Deer Lake: first, get mortgage pre-approval — lenders can include up to 50% of projected rental income from the other units to boost your qualifying amount. Second, browse active MLS® listings and pre-sales on MultiLiving and shortlist options that fit your budget and unit count. Third, engage a real estate agent who knows multiplex strata rules in Burnaby — strata documents, depreciation reports, and pre-sale contracts all need careful review. Fourth, make an offer with standard conditions (financing, inspection, strata document review) and remove subjects once satisfied. MultiLiving's complete buying guide walks through every step in plain language.
