Deer Lake Place Homes under $2.5 million

Welcome to Deer Lake Place, a hidden gem nestled in the heart of Burnaby, British Columbia. This charming community offers a perfect blend of natural beauty, modern amenities, and a welcoming atmosphere, making it an ideal place for families, professionals, and retirees alike.

Deer Lake Place is renowned for its picturesque surroundings, featuring the stunning Deer Lake Park, where residents can enjoy scenic walking trails, picnic spots, and a tranquil lake perfect for kayaking and fishing. The lush greenery and vibrant wildlife create a serene escape from the hustle and bustle of city life, while still being conveniently located just minutes away from downtown Burnaby and all its urban conveniences.

The homes in Deer Lake Place are diverse, offering a range of architectural styles and sizes, with many properties available under $2.5 million. Whether you’re looking for a cozy single-family home or a spacious modern residence, you’ll find a variety of options that cater to different lifestyles and budgets. The community is known for its well-maintained properties, friendly neighbors, and an overall sense of pride in homeownership.

Families will appreciate the proximity to top-rated schools, parks, and recreational facilities, while professionals will benefit from easy access to public transportation and major highways. With a vibrant community spirit and an array of local shops and dining options, Deer Lake Place embodies the perfect balance of suburban tranquility and urban accessibility. Come explore this delightful neighborhood, where your dream home awaits!

Newest Deer Lake Place Homes under $2.5 million

$1,450,000

4 Beds ⋅ 2 Baths ⋅ R3170417 MLS® #

This original mid-century home sits on a nearly 7,500 sq ft lot in the heart of Burnaby South. Offering excellent potential to renovate, rebuild, or hold for future value, this property is ideally located in a central, family-oriented neighbourhood close to Deer Lake Park, schools of all levels, shopping, hospital, transit, and Highway 1. Enjoy city views and an open outlook onto surrounding green space. A unique opportunity to secure a sizeable lot in one of Burnaby’s most convenient and established communities. Click the Virtual Tour URL for full video.

4638 Royal Oak Ave, Burnaby

Listing courtesy of

$1,998,000

7 Beds ⋅ 4 Baths ⋅ R3169946 MLS® #

Beautiful custom-built family home on a quiet street in Prestige Dear Lake! This home features 7 bedrooms, a large den, and 4 bathrooms. Enjoy a welcoming front porch, bay-window living room with cozy fireplace, spacious kitchen with stainless steel appliances, and a large balcony perfect for year-round BBQs. Main-floor primary bedroom with 5-piece ensuite, 3 generous bedrooms upstairs, A/C, and 2 laundry sets. Fully finished high-ceiling basement includes two mortgage-helper suites (1-bed & 2-bed) with separate entrances. Private fenced backyard with children's playground. Prime location close to BCIT, SFU, Metrotown, Deer Lake, Burnaby Central Secondary, Gilpin Elementary, and Deer Lake. A perfect home for growing or multi-generational families!

4460 Atlee Ave, Burnaby

Listing courtesy of

$2,290,000

7 Beds ⋅ 6 Baths ⋅ R3166528 MLS® #

Welcome to one of the largest brand-new duplexes available in Burnaby, offering over 3,800 sq. ft. of exceptional living space! The main floor features a spacious bedroom and full bathroom, perfect for guests or extended family, along with a bright open-concept living and dining area. The beautifully designed kitchen offers a large island, while the fully equipped wok kitchen includes a gas stove, dishwasher and fridge. The cozy family room features a decorative fireplace and overlooks the backyard. Upstairs offers two generous primary bedrooms and a comfortable sitting area. The basement includes a large recreation room with a full bathroom, plus a legal 2-bedroom suite—ideal for extended family or mortgage help. A rare opportunity to own this stunning, spacious new duplex in Burnaby.

5685 Forest St Unit 1, Burnaby

Listing courtesy of

$2,298,800

6 Beds ⋅ 5 Baths ⋅ R3161152 MLS® #

Rare Deer Lake area split-level offering 6 bedrooms and 5 bathrooms with incredible flexibility! This bright and spacious home features a 3-bedroom + den main home, 1-bedroom in-law suite and legal 2-bedroom suite. Upstairs features two primary bedrooms with ensuites and generously sized bedrooms throughout. Set on a 7,540 sq. ft. rectangular lot with a large covered deck, flat fenced yard and parking for 6, plus ample street parking. Large side-by-side garage and bonus storage room roughed-in for an additional bathroom. Lovingly maintained and perfectly positioned near the best of Burnaby, with Deer Lake Park, top schools, Metrotown, recreation and major routes all just minutes away. An exceptional home in an unbeatable location!

5325 Gilpin St, Burnaby

Listing courtesy of

$2,180,000

6 Beds ⋅ 5 Baths ⋅ R3161698 MLS® #

BUILDER AND INVESTOR ALART! Sit in the desirable deer lake place & on a huge 70' x 129' lot facing "south" on the "high side" with beautiful city view & lane access. Maximum SSMUH Residential Units Per Legal Lot 6. It's real good opportunity to hold it now at the current market and build in the future. What a central location - walk to all levels of schools. Quiet tree lined street and steps to Deer Lake Park and Burnaby City Hall. It has 3622 sqft with total 6 bedrooms and 5 bathrooms. Upper level features 5 bedrooms with a covered balcony and view. Basement has 1 more bedroom, 3 pc bath, workshop and separate entry (with suite potential). Updates over the years inc/roof (lifetime warranty), eaves, double attached garage & large fenced private backyard. ( safe for kids & your privacy)

5755 Monarch St, Burnaby

Listing courtesy of

$1,998,800

4 Beds ⋅ 3 Baths ⋅ R3122943 MLS® #

Rare opportunity to own this well-maintained home situated on a huge 10,800 sq ft flat lot with desirable north-south orientation in a prime Burnaby Location! Backing directly onto a peaceful park with lane access, this property offers exceptional privacy and a spacious, fenced & gated backyard, perfect for entertaining, gardening, kids or pets. Recent updates include new paint, updated flooring in selected areas (2026), updated drainage (2025), & newer covered upper sundeck (2014). Functional layout with double garage plus 3 extra secured parking spaces. Conveniently located near parks, schools, transit, shopping & amenities. Excellent opportunity for families, investors, or builders with strong future potential in a highly desirable neighborhood!!

5565 Gilpin St, Burnaby

Listing courtesy of

$1,750,000

4 Beds ⋅ 2 Baths ⋅ R3108536 MLS® #

Perfect opportunity for investors to hold or rebuild!This 4 bedroom residence offers a spacious open concept layout, complemented by an additional family room for enhanced comfort and functionality. The lower level provides ample space and holds great potential as a mortgage helper, adding to the property's investment appeal. The expansive backyard is ideal for outdoor entertainment and perfectly suited for families with children or pets. Conveniently located near Metrotown and Brentwood Mall, the property offers excellent access to public transit and major roadways. Closed to recreation, parks, museums and shopping, this home is the perfect find. Book your appointment with us today!

4263 Atlee Ave, Burnaby

Listing courtesy of

$1,700,000

6 Beds ⋅ 3 Baths ⋅ R3084678 MLS® #

Spacious 2-level house in prestigious Deer Lake Place! Features 6 bedrooms, 2.5 baths, double garage with large wraparound sundeck looking towards Metrotown. Quiet yet central location, short drive to Metrotown, Brentwood, and BCIT with easy access to Highway 1. Minutes walk to Gilpin Elementary, Burnaby Central Secondary, Deer Lake trails and more.

4325 Mahon Ave, Burnaby

Listing courtesy of

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.