“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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1-12/36
  • 6614 Strawson Street in Burnaby: Deer Lake House for sale (Burnaby South) : MLS®# R2920007

    6614 Strawson Street Deer Lake Burnaby V5E 1W6
    Main Photo: 6614 Strawson Street in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R2920007
    $2,380,000
    Residential
    Status:
    Active
    MLS® Num:
    R2920007
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,905 sq. ft.
    **INVESTOR ALERT** DEER LAKE, the most prestigious area in Burnaby. A big lot, 57x122, with 4 bedrooms and 2 bathrooms, this home offers ample space for both comfortable living and investment. Its featuring a laneway and great views, provides a unique opportunity for future development, including the potential to add a laneway house for extra income. A beautiful fenced backyard with a pond, flowers and shrubs give you relaxing privacy. Newer high efficiency furnace and hot water tank. New roof done on 2009. 3 min walk to Deer Lake trails. School Catchment: Brantford Elementary and Burnaby Central Secondary. More details
    Listed by RE/MAX Westcoast
  • 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.
  • 6173 Aubrey Street in Burnaby: Parkcrest House for sale (Burnaby North) : MLS®# R2958336

    6173 Aubrey Street Parkcrest Burnaby V5B 2C9
    OPEN HOUSE: Sep 21, 2025
    11:00 AM - 01:00 PM PDT
    Open House on Sunday, September 21, 2025 11:00AM - 1:00PM
    Main Photo: 6173 Aubrey Street in Burnaby: Parkcrest House for sale (Burnaby North)  : MLS®# R2958336
    $4,388,000
    Residential
    Status:
    Active
    MLS® Num:
    R2958336
    Bedrooms:
    9
    Bathrooms:
    10
    Floor Area:
    5,480 sq. ft.
    Experience luxury living on a peaceful street with this stunning home! The high-end kitchen is a chef’s dream, perfect for creating memorable meals. The property features a spacious family room and a separate living room, ideal for cozy gatherings or entertaining guests. Enjoy movie nights in the dedicated theatre room or unwind with friends in the stylish bar area. Upstairs, you’ll find four generously sized bedrooms, each with its own private ensuite bathroom, offering ultimate comfort and privacy. Conveniently located near Brentwood Mall, multiple golf courses, Simon Fraser University, and the Skytrain, this home makes daily living a breeze. Plus, it’s a fantastic investment opportunity with a 2-bedroom laneway house and a 2-bedroom suite that can generate additional rental income. More details
    Listed by Laboutique Realty
  • 6138 Carson Street in Burnaby: South Slope House for sale (Burnaby South) : MLS®# R2968058

    6138 Carson Street South Slope Burnaby V5J 2Z9
    OPEN HOUSE: Sep 20, 2025
    01:00 PM - 04:00 PM PDT
    Open House on Saturday, September 20, 2025 1:00PM - 4:00PM
    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)
  • 7345 Braeside Drive in Burnaby: Westridge BN House for sale (Burnaby North) : MLS®# R2977959

    7345 Braeside Drive Westridge BN Burnaby V5A 1G2
    Main Photo: 7345 Braeside Drive in Burnaby: Westridge BN House for sale (Burnaby North)  : MLS®# R2977959
    $2,880,000
    Residential
    Status:
    Active
    MLS® Num:
    R2977959
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    2,562 sq. ft.
    Breathtaking Mountain & Ocean Views – A Private Oasis! Nestled on a spacious 1/4-acre lot, this property offers stunning panoramic views of the mountains and ocean, creating a truly serene and picturesque setting. Imagine waking up to majestic mountain peaks and glistening ocean waves, all from the comfort of your own private retreat. This beautifully updated property offers the potential for redevelopment, with the option to rebuild or transform it into a 1-to-4-unit development. Recent Renovations: 2020 – Installed a new furnace 2024 – Upgraded back laneway 2025 – New hot water tank & partial tile renovation Don’t miss this rare opportunity to own a home that seamlessly blends privacy, tranquility, and breathtaking views! Open house: Sat 3/29, 2-4pm. More details
    Listed by RE/MAX Crest Realty
  • 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
    OPEN HOUSE: Sep 21, 2025
    02:00 PM - 04:00 PM PDT
    Open House on Sunday, September 21, 2025 2:00PM - 4:00PM
    Main Photo: 3778 Nithsdale Street in Burnaby: Burnaby Hospital House for sale (Burnaby South)  : MLS®# R2996187
    $2,080,000
    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 Sept 21st 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.
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Data was last updated September 19, 2025 at 12:40 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.