“Multi-Generational Homes in Burnaby”

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Burnaby is one of the fastest-growing cities in Metro Vancouver, making it an attractive place for multi-family real estate investment. With increasing demand for housing, close proximity to SkyTrain lines, and major commercial hubs like Metrotown and Brentwood, Burnaby offers strong potential for rental income and long-term value.

Great Opportunity

High-Demand Neighbourhoods for Multi-Family Investment

  • Metrotown: High density, top rental rates, near shopping & transit.

  • Brentwood: Rapid growth, major new developments, excellent future upside.

  • Edmonds: More affordable, emerging market, rezoning potential.

  • Burnaby Heights Established community, good mix of older and newer duplexes.

Multi-Family Homes For Sale

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  • 6025 Dickens Street in Burnaby: Upper Deer Lake House for sale (Burnaby South) : MLS®# R2848869

    6025 Dickens Street Upper Deer Lake Burnaby V5H 1W6
    Main Photo: 6025 Dickens Street in Burnaby: Upper Deer Lake House for sale (Burnaby South)  : MLS®# R2848869
    $2,068,000
    Residential
    Status:
    Active
    MLS® Num:
    R2848869
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    2,700 sq. ft.
    PRIME LOCATION IN BURNABY SOUTH! Upper Deer Lake! Semi Corner home 3beds up & 2beds down w/tremendous updates. Modern, contemporary with newly stained HARDWOOD flooring thru-out! Main kitchen is fully renovated w/ Caesar Stone Quartz counter tops, stainless steel appliances, stone wall tile, floor to ceiling cabinets, custom extra long drawers for double the amount of storage, 5'x7' island overlooking the open concept living room with fireplace. Huge backyard with nice covered deck. Main floor features enclosed sun room with French doors. New 2 bedroom basement suite w/ its own laundry & separate entrance. Plumbing & electrical are updated thru-out w/ newer high efficiency gas furnace & water tank. See potential with the laneway home program w/city of BBY. More details
    Listed by Nu Stream Realty Inc.
  • 6138 Carson Street in Burnaby: South Slope House for sale (Burnaby South) : MLS®# R2968058

    6138 Carson Street South Slope Burnaby V5J 2Z9
    Main Photo: 6138 Carson Street in Burnaby: South Slope House for sale (Burnaby South)  : MLS®# R2968058
    $2,799,000
    Residential
    Status:
    Active
    MLS® Num:
    R2968058
    Bedrooms:
    9
    Bathrooms:
    7
    Floor Area:
    4,172 sq. ft.
    Welcome to this 2022 custom-built residence nestled in Burnaby's coveted South Slope neighborhood. This expansive home offers 9 beds and 7 baths, thoughtfully designed to accommodate both comfort and luxury. Experience year-round comfort with radiant floor heating and central AC. The spacious kitchen is bathed in natural light, offering picturesque views and equipped with high-end appliances. Additional soundproofing materials have been installed within bedroom walls and basement areas to ensure a serene living environment. 2-BEDS legal basement suite with separate entrance serves as an ideal mortgage helper. The property features a private backyard with lane access and potential laneway house of over 1,200 SQFT, w/ power and water supply line prepared. Minutes walk to bus station. More details
    Listed by Nu Stream Realty Inc.
  • 4 5115 Buxton Street in Burnaby: Forest Glen BS Duplex for sale (Burnaby South) : MLS®# R2975283

    4 5115 Buxton Street Forest Glen BS Burnaby V5H 1J7
    Main Photo: 4 5115 Buxton Street in Burnaby: Forest Glen BS Duplex for sale (Burnaby South)  : MLS®# R2975283
    $1,780,000
    Residential Income
    Status:
    Active
    MLS® Num:
    R2975283
    Bedrooms:
    4
    Bathrooms:
    6
    Floor Area:
    1,644 sq. ft.
    2 Storey +basement laneway house in South Burnaby. Price is for one side unit. The Estimate completion will be end of June. The Price is including GST. More details
    Listed by Sutton Group-West Coast Realty (Surrey/24)
  • 3 5115 Buxton Street in Burnaby: Forest Glen BS Duplex for sale (Burnaby South) : MLS®# R2975281

    3 5115 Buxton Street Forest Glen BS Burnaby V5H 1J7
    Main Photo: 3 5115 Buxton Street in Burnaby: Forest Glen BS Duplex for sale (Burnaby South)  : MLS®# R2975281
    $1,780,000
    Residential Income
    Status:
    Active
    MLS® Num:
    R2975281
    Bedrooms:
    4
    Bathrooms:
    6
    Floor Area:
    1,644 sq. ft.
    2 Storey +basement laneway house in South Burnaby. Price is for one side unit. The Estimate completion will be end of June. The Price is including GST. More details
    Listed by Sutton Group-West Coast Realty (Surrey/24)
  • 5133 Union Street in Burnaby: Capitol Hill BN House for sale (Burnaby North) : MLS®# R2991991

    5133 Union Street Capitol Hill BN Burnaby V5B 1W1
    Main Photo: 5133 Union Street in Burnaby: Capitol Hill BN House for sale (Burnaby North)  : MLS®# R2991991
    $2,280,000
    Residential
    Status:
    Active
    MLS® Num:
    R2991991
    Bedrooms:
    6
    Bathrooms:
    2
    Floor Area:
    2,352 sq. ft.
    Home is 2 blocks Kensington Pitch and Putt, Burnaby North Secondary School, Kensington Skating Rink, Kensington Outdoor Pool. Walking distance to Aubrey Elementary School. 2 blocks to Beecher Park. Amazing Brentwood Town Centre view. Dream location if you are a golf lover. Super convenient location, minutes to Brentwood Mall and Skytrain Station. Close to Kensington Mall. Close to Simon Fraser University. This is a builder's delight. You can build a large 6100 sqft home with a laneway house in a beautiful private setting. Flat lot with a large 3 car parking area. Mortgage helper with 3 bedrooms downstairs. Large backyard patio. Fig tree in the front yard. Private fenced in backyard. More details
    Listed by Magsen Realty Inc.
  • 3778 Nithsdale Street in Burnaby: Burnaby Hospital House for sale (Burnaby South) : MLS®# R2996187

    3778 Nithsdale Street Burnaby Hospital Burnaby V5G 1P3
    Main Photo: 3778 Nithsdale Street in Burnaby: Burnaby Hospital House for sale (Burnaby South)  : MLS®# R2996187
    $1,980,000
    Residential
    Status:
    Active
    MLS® Num:
    R2996187
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    2,587 sq. ft.
    Listen to the creek in this great family home with 3 bedroom(possibly 4 bed, if dining room converted) on the main floor. Hardwood floors on the main. Two laundries. Double drywall on the suite ceiling for extra sound proofing. Wheel chair accessible, GROUND LEVEL basement suite. Large PRIVATE covered balcony, BIG ground floor wooden patio and LARGE deck w/Gazebo. Shed in the back. Laneway leads to two car garage with two extra spots n the back. Underground sprinkler system. Short drive to Vancouver, BCIT, Burnaby Hospital and Brentwood Mall. Two stairwells up to the main floor. Newer Boiler (2022), Newer roof (2022), New Skylight (2022), Newer garage motors (2021). 2 Bed suite. Basement suite renos: newer doors, flooring and bathroom (2021). OPEN HOUSE: Sunday October 5th 2-4pm. More details
    Listed by Team 3000 Realty Ltd.
  • 938 Howard Avenue in Burnaby: Parkcrest House for sale (Burnaby North) : MLS®# R2997597

    938 Howard Avenue Parkcrest Burnaby V5B 3R6
    Main Photo: 938 Howard Avenue in Burnaby: Parkcrest House for sale (Burnaby North)  : MLS®# R2997597
    $2,798,000
    Residential
    Status:
    Active
    MLS® Num:
    R2997597
    Bedrooms:
    8
    Bathrooms:
    6
    Floor Area:
    4,466 sq. ft.
    FIRST TIME OFFERED FOR SALE! Introducing this incredible opportunity to purchase a large 9,563 SF Lot (72 ft x 132 ft) with LANEWAY and located in the highly desirable Brentwood Neighbourhood of North Burnaby. Zoned R1, this property meets all the criteria for SMALL-SCALE MULTI-UNIT HOUSING (SSMUH) allowing for a variety of different uses including up to 4 dwelling units. Rowhousing use is also identified in the zoning bylaw. Current improvements includes a duplex. Centrally located in Brentwood, this a great opportunity to hold or redevelop this legacy property. More details
    Listed by Angell, Hasman & Associates Realty Ltd.
  • 4640 Brentlawn Drive in Burnaby: Brentwood Park House for sale (Burnaby North) : MLS®# R3005742

    4640 Brentlawn Drive Brentwood Park Burnaby V5C 3V2
    Main Photo: 4640 Brentlawn Drive in Burnaby: Brentwood Park House for sale (Burnaby North)  : MLS®# R3005742
    $4,999,000
    Residential
    Status:
    Active
    MLS® Num:
    R3005742
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    2,348 sq. ft.
    Attention developers, this is your big chance to get into one of Metro Vancouver's Most premier neighbourhoods, 'The Lawns.' This Amazing site is offered as part of a 3-lot land assembly with 4640, 4644, and 4648 Brentlawn Drive, with frontage totalling approximately 153 ft x 122 ft is a 18,866 Sq ft prime development. It backs directly onto the vibrant Amazing Brentwood Mall, Metro Vancouver's unmatched shopping, dinning and entertainment district, and falls within the City of Burnaby’s TOD (Transit-Oriented Development) Area – Zone 2, permitting a minimum of up to 12 storeys and 4.0 FAR. An Opportunity also exists to explore the potential purchase of the adjacent laneway from the City to expand the site. Excellent holding property with solid rental income. Call today for more details. More details
    Listed by Jovi Realty Inc.
  • 4644 Brentlawn Drive in Burnaby: Brentwood Park House for sale (Burnaby North) : MLS®# R3005748

    4644 Brentlawn Drive Brentwood Park Burnaby V5C 3V2
    Main Photo: 4644 Brentlawn Drive in Burnaby: Brentwood Park House for sale (Burnaby North)  : MLS®# R3005748
    $4,999,000
    Residential
    Status:
    Active
    MLS® Num:
    R3005748
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,174 sq. ft.
    Attention developers, this is your big chance to get into one of Metro Vancouver's Most premier neighbourhoods, 'The Lawns.' This Amazing site is offered as part of a 3-lot land assembly with 4640,4644, and 4648 Brentlawn Drive, with frontage totalling approximately 153 ft x 122 ft is a 18,866 Sq ft prime development. It backs directly onto the vibrant Amazing Brentwood Mall, Metro Vancouver's unmatched shopping, dinning and entertainment district, and falls within the City of Burnaby's TOD (Transit-Oriented Development) Area - Zone 2, permitting a minimum of up to 12 storeys and 4.0 FAR. An Opportunity also exists to explore the potential purchase of the adjacent laneway from the City to expand the site. Excellent holding property with solid rental income. Call today for more details. More details
    Listed by Jovi Realty Inc.
  • 8612 11th Avenue in Burnaby: The Crest House for sale (Burnaby East) : MLS®# R3014528

    8612 11th Avenue The Crest Burnaby V3N 2P8
    Main Photo: 8612 11th Avenue in Burnaby: The Crest House for sale (Burnaby East)  : MLS®# R3014528
    $1,900,000
    Residential
    Status:
    Active
    MLS® Num:
    R3014528
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    2,534 sq. ft.
    This beautifully maintained home is in sought after Burnaby Crest area, and sits on a large 8,235 sq. ft. lot with a 61 ft frontage and laneway offering endless possibilities. Live in style, build your dream home, or subdivide and develop under current zoning which allows a 4plex and possible carriage house. The home boasts original hardwood floors, updated kitchen, fully finished 2 bedroom basement suite with separate entrance, and a large, well groomed, backyard with a massive sundeck, which is perfect for hosting summer get togethers! Double garage accessed by laneway with RV parking available. Open House Sunday September 14 2-4 pm More details
    Listed by TRG The Residential Group Realty
  • 8763 10th Avenue in Burnaby: The Crest House for sale (Burnaby East) : MLS®# R3024866

    8763 10th Avenue The Crest Burnaby V3N 2T1
    Main Photo: 8763 10th Avenue in Burnaby: The Crest House for sale (Burnaby East)  : MLS®# R3024866
    $2,799,000
    Residential
    Status:
    Active
    MLS® Num:
    R3024866
    Bedrooms:
    9
    Bathrooms:
    10
    Floor Area:
    4,400 sq. ft.
    Welcome to this exceptional Brand New Home, 8-bed, 9-bath home in The Crest, offering over 4,300 sq ft of designer interior space on a spacious 7,000 sq ft lot. Featuring panoramic mountain and water views, this West Coast-inspired residence showcases high-end craftsmanship, an open-concept layout, overheight ceilings, and a chef’s kitchen with built-in appliances and oversized island. Stream Shower + Audio System Installed. The upper level includes a luxury primary suite with walk-in closet and spa-like ensuite. The lower level is an entertainer’s dream with a built-in bar, large rec room, 2-bed suite, 1-bed suite, plus a 2-bed laneway home—ideal for extended family or rental income. Located minutes from Urban Academy, shopping, parks, and transit. More details
    Listed by RE/MAX Treeland Realty
  • 4527 Clinton Street in Burnaby: South Slope House for sale (Burnaby South) : MLS®# R3025101

    4527 Clinton Street South Slope Burnaby V5J 2K6
    OPEN HOUSE: Oct 12, 2025
    02:00 PM - 04:00 PM PDT
    Open House on Sunday, October 12, 2025 2:00PM - 4:00PM
    Main Photo: 4527 Clinton Street in Burnaby: South Slope House for sale (Burnaby South)  : MLS®# R3025101
    $2,999,999
    Residential
    Status:
    Active
    MLS® Num:
    R3025101
    Bedrooms:
    10
    Bathrooms:
    11
    Floor Area:
    5,157 sq. ft.
    Extraordinary defined luxury custom-Built Brand NEW home with over 1000 sqft laneway house located in Burnaby most desirable neighborhood South Slope area! This lovely dream house has a fantastic floor plan. Top floor has 4 BDRMS with private baths. Open concept main floor includes a spacious exquisite kitchen and WOK kitchen. Features include radiant heat, Air-conditioning, radiant heat, HRV, security system, smart home system and build-in vacuum. Basement has media room, 2 bedrooms legal suit and separate entrances recreation room. As one of the earliest new homes with laneway house, give you an additional 2 bedroom legal suite will be a great mortgage helper. Call today to book your private showing! Open House SUN (Oct 12) at 2-4 pm. More details
    Listed by LeHomes Realty Premier and Nu Stream Realty Inc.
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Data was last updated October 10, 2025 at 02:40 AM (UTC)

Multi-Generational Family Homes

Experts predict that the number of multi-generational households will continue to rise as all levels of government work to make it easier to build or renovate smaller homes on existing family properties.

According to the province of B.C., outdated zoning regulations have, for decades, limited new housing to either condos or single-family homes—options that are now financially out of reach for many first-time buyers.

Sharing large houses or building backyard homes can make financial and practical sense.

What is a multi-generational home?

Multi-generational living is not a new concept. For centuries, many cultures have valued the way it fosters strong connections between older and younger generations.

Today, its growing popularity goes beyond just sharing expenses. Contributing factors include an aging population and increased immigration from countries—particularly in Asia—where multi-generational households are a longstanding tradition.

Common Types of Multi-Family Properties in Burnaby

  • Duplexes & Fourplexes

    • Found in many established neighbourhoods like Deer Lake, Burnaby Heights, and Edmonds.

    • Ideal for house hacking or small-scale investing.

  • Purpose-Built Rental Buildings

    • Larger developments specifically built for long-term rentals.

    • Often located near commercial centres and transit.

  • Burnaby Laneway Homes

    Burnaby’s neighbourhoods are evolving, thanks to the city’s forward-thinking Housing Choices program, which is paving the way for more laneway houses, coach homes, and semi-detached suites.

    Also known as carriage homes, laneway houses are small, self-contained dwellings built in the backyard of a primary residence, typically facing the lane. These compact units can provide valuable rental income for homeowners or offer a comfortable living space for extended family members.

    Curious about how a laneway house could work for you? Discover the benefits and opportunities this flexible housing option can bring!

  • See New Burnaby House Design Library 

Why Invest in Multi-Family Real Estate in Burnaby?

  • Proximity to Transit: SkyTrain lines (Expo & Millennium) make Burnaby highly accessible.

  • Strong Rental Demand: A growing population and limited supply create consistent tenant demand.

  • Rezoning Opportunities: Certain areas in Burnaby are being upzoned for higher-density housing, increasing property values.

  • Education & Employment: SFU, BCIT, and major tech companies draw students and professionals who rent.

Things to Consider About Multi-Family Homes

  • City of Burnaby Zoning Rules: Multi-family development is regulated by zoning bylaws. Check RM (Residential Multiple Family) zones for eligibility.

  • Property Taxes: Generally higher for multi-family homes than single-family.

  • Strata vs. Freehold: Condos have strata fees; purpose-built rentals or duplexes are usually freehold with more flexibility.