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Burnaby Lake, Burnaby | Neighbourhood Profile

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Contains information licensed under the Open Government Licence - Burnaby. The maps and map data are provided "as-is" and are not legal surveys or legal descriptions. Faith Wilson Realty Group Inc. explicitly disclaims any representations and warranties as to the accuracy, timeliness, or completeness of maps and data. These maps and data are created from multiple city, provincial, federal and private sources, including Google Maps and the BCNREB, CADREB, FVREB, REBGV. The source data may contain errors. Information regarding school boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school or school system.

Enjoy mother nature right outside your front door.

Burnaby Lake / Cariboo / The Crest area on the southwest side of Burnaby Lake Regional Park is defined by Highway 1, Burnaby Lake and the Brunette River, creating both geographical and man-made boundaries. Bus routes through these neighbourhoods connect residents to nearby Skytrain stations at Sperling and at Lougheed Town Centre, while drivers have easy access to Highway 1 via Cariboo Road and Kensington Avenue for quick commutes to the city of Vancouver or across the Port Mann Bridge to Surrey and the Fraser Valley.

The Burnaby Lake neighbourhood mostly consists of single family homes, with a distinctly smaller selection of apartments and condos. Home ownership is high in the neighbourhood, with 82 percent of Burnaby Lake residents registered as home owners. Living in the Burnaby Lake neighbourhood means residents enjoy mother nature right outside their front door. A green and serene 770 acres of urban park space with walking trails, canoeing & kayaking, and outstanding bird watching including eagles & herons. Plus there’s easy access to walking & jogging trails.


Great shopping is close at hand with the restaurants, grocery stores & professional services…

The Cariboo neighbourhood in east Burnaby is predominately made up of green space, an extension of Burnaby Lake Park on the Coquitlam border. The only residential areas in Cariboo is a small enclave in the the north eastern corner of the neighbourhood that has several lower density, low rise apartments and townhomes on a series of interconnected streets off of Rochester Street. Great shopping is close at hand with the restaurants, grocery stores & professional services catering to the Korean community at the North Road Centre

The Crest neighbourhood is an upscale part of east Burnaby, bordered by Central Valley and Burnaby Lake Park to the north, 10th Avenue in the east heading south, and Cumberland Street in the west. Mostly residential, The Crest mainly consists of single family homes, many with beautiful landscaped yards. Some homes offer residents outstanding views across Central Valley to Burnaby Mountain, Mount Baker and the Port Mann Bridge. A local neighbourhood shopping plaza includes a Choices Natural Foods supermarket and numerous shops & services.

Burnaby Lake/ Cariboo/ Crest Video

View market activity and MLS® statistics for another neighbourhood in this group:

Burnaby Lake Active Listings Summary | as of March 5, 2021

The table shown below is a current snapshot of all the active listings in Burnaby Lake, segmented by residential property types. The second column is a calculation of the current median asking price, while the third column is the summed total of all active listings for the related property type. Please note that this table is updated every 24 hours.

Quick Tip: Gain instant access to all of the related listings by selecting a row in the table and pushing the button below.

Burnaby Lake MLS® HPI Benchmark Prices | February, 2021

Current Benchmark Price (1 Storey Detached):
$1,302,000

The MLS® HPI Benchmark Price shown above represents the current expected sales price for a typical or “Benchmark” 1 Storey Detached home in Burnaby Lake.

The MLS® HPI takes into consideration what averages and medians do not – items such as lot size, age, number of rooms, etc. The most commonly traded set of these attributes describes the composite of the typical or ‘benchmark’ property type in a given area. Prices paid for homes with these attributes determine benchmark home prices.

Historical Benchmark Price Changes (1 Storey Detached)

Current Benchmark Price (2 Storey Detached):
$1,567,000

The MLS® HPI Benchmark Price shown above represents the current expected sales price for a typical or “Benchmark” 2 Storey Detached home in Burnaby Lake.

The MLS® HPI takes into consideration what averages and medians do not – items such as lot size, age, number of rooms, etc. The most commonly traded set of these attributes describes the composite of the typical or ‘benchmark’ property type in a given area. Prices paid for homes with these attributes determine benchmark home prices.

Historical Benchmark Price Changes (2 Storey Detached)

Current Benchmark Price (Single Family Detached):
$1,464,400

The MLS® HPI Benchmark Price shown above represents the current expected sales price for a typical or “Benchmark” Single Family Detached home in Burnaby Lake.

The MLS® HPI takes into consideration what averages and medians do not – items such as lot size, age, number of rooms, etc. The most commonly traded set of these attributes describes the composite of the typical or ‘benchmark’ property type in a given area. Prices paid for homes with these attributes determine benchmark home prices.

Historical Benchmark Price Changes (Single Family Detached)

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