NewQuintet: no strata fees for 2 years

Deer Lake duplex listings · also called half duplex

Duplexes for Sale in Deer Lake, Burnaby, BC

6 active duplexes for sale in Deer Lake on MultiLiving. Median ask: $2,268,000. Range: $1,420,000 to $2,498,000.

Listings shown reflect MLS® data as of October 11, 2026.

Active listings

6

Median ask

$2,268,000

Lowest ask

$1,420,000

Highest ask

$2,498,000

Living in 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.

Written by MultiLiving Editorial. Listed by Grand Central Realty, BC Financial Services Authority licence X035686.

Why buy a duplex in Deer Lake

Deer Lake half-duplexes sit in one of central Burnaby's most distinctive residential settings: park-adjacent, quiet, and larger than most Burnaby alternatives. Most new units run 1,800 to 2,300 sf with proper rear yards because the lots underneath are deeper than the typical central Burnaby parcel. The Deer Lake park system, the Shadbolt Centre for the Arts, and the Burnaby Art Gallery all sit within walking distance; Burnaby Hospital and BCIT are nearby for professionals tied to those institutions. Buyers are established families holding long-term for the park-adjacent lifestyle, BCIT and Burnaby Hospital professionals who want a short commute, and multigenerational households for whom the larger floorplate supports a three-generation living arrangement.

What to watch for when buying a duplex in Deer Lake

Deer Lake has genuinely slow turnover and small total half-duplex supply: when competitive situations arise, buyers sometimes compress due-diligence in ways they later regret. Don't treat competitive pressure as a reason to skip the building science review or skip the party-wall documentation review. For freehold half-duplexes verify party-wall arrangements in writing and confirm the rear-yard division between the two units with diagrams rather than verbal descriptions. Verify rear-yard access and parking allocation clearly.

Compare with nearby neighbourhoods

Buyers shopping duplexes in Deer Lake often also look at these adjacent neighbourhoods. Prices and the number of homes for sale differ between them, so compare them side by side.

NeighbourhoodView duplexes for sale
Deer Lake this page6 active · median $2,268,000
MetrotownSee duplexes in Metrotown →
Forest GlenSee duplexes in Forest Glen →
Sperling-DuthieSee duplexes in Sperling-Duthie →
See all duplexes for sale in Burnaby →

Other home types in Deer Lake

Townhomes for sale in Deer LakeTriplexes for sale in Deer LakeFourplexes for sale in Deer LakeMultiplexes for sale in Deer Lake

Buyer questions about duplexes in Deer Lake

6 duplexes in Deer Lake, Burnaby are listed for sale on the MLS® system today, and every one is shown on this page with its address, price and size. Asking prices run from $1,420,000 to $2,498,000. MultiLiving brings in new MLS® listings every night, so the count changes as homes sell and new ones are listed. Pre-sale duplexes in Burnaby that are not on the MLS® system yet are listed separately on MultiLiving.

The middle asking price of the duplexes listed in Deer Lake, Burnaby today is $2,268,000. Asking prices run from $1,420,000 to $2,498,000. Greater Vancouver REALTORS publishes no price index for multiplex homes, so these figures come from the listings on this page. The price of each home depends on its size, its number of bedrooms, its street and whether it is new or a resale.

At $2,268,000, the middle asking price for a duplex in Deer Lake, Burnaby today, the minimum down payment is $453,600. Under federal rules, a home under $1.5 million needs 5 percent of the first $500,000 and 10 percent of the rest, and a home at $1.5 million or more needs 20 percent, with no mortgage insurance available, according to the Financial Consumer Agency of Canada.

A duplex (also called a half duplex) in Deer Lake is one home in a small building, with its own front door and its own kitchen, and often a yard or patio. Unlike a condo tower, there is no shared hallway or elevator. Most are sold as strata homes, so you hold title to your home and share the land and the outside of the building with the other owners, who also share the cost of looking after them.

Both appear on this page. Each listing shows the year the home was built. A new home built by a Licensed Residential Builder in British Columbia must carry home warranty insurance, which BC Housing describes as 2 years on materials and labour, 5 years on the building envelope and 10 years on the structure. For a resale home, read the strata documents before you make an offer: the bylaws, the minutes of recent owners' meetings and the budget.

Often, yes. Since December 15, 2024, an insured mortgage can run for 30 years instead of 25 when your down payment is under 20 percent and either you are a first-time buyer or the home is newly built, according to the Department of Finance Canada. A brand new multiplex home meets the second test, so a buyer who has owned before can still qualify. The longer term lowers each monthly payment and raises the total interest you pay over the life of the loan.

Yes. Since November 24, 2022, no strata in British Columbia can have a bylaw that stops owners from renting out their home, according to the Province of BC. That covers almost every multiplex home, because most are sold as strata homes. A strata can still limit or ban short-term rentals, such as nightly stays, with a three-quarter vote of owners, so read the bylaws before you plan on that kind of rental.

Often not. British Columbia's Newly Built Home Exemption removes property transfer tax on a newly built home worth up to $1,100,000, with a partial exemption up to $1,150,000, according to the Province of BC. You must be a Canadian citizen or permanent resident, move in within 92 days, and live there as your main home for the first year. Above $1,150,000 you pay the normal tax, which on a $1,400,000 home is $26,000.

Yes, if you are a first-time buyer. The first-time home buyers' GST/HST rebate returns up to $50,000 of the GST on a brand new home priced at or below $1 million, according to the Canada Revenue Agency. Between $1 million and $1.5 million the rebate gets smaller, and at $1.5 million it is gone. The home must be your main home, and you must not have lived in a home that you or your spouse owned in the current year or the four years before.

Come back to this page, which shows every duplex listed in Deer Lake and updates every night. If you sign in, you can save this search and run it again from your dashboard in one click. To ask about a home, or about pre-sale duplexes in Burnaby that are not listed yet, contact MultiLiving's licensed REALTORS® at multiliving.ca/contact.

Active listings