BurnabyUpper Deer Lake

Vancouver Neighbourhood

2 Homes for Sale in Upper Deer Lake, BC

With a median list price around $2.19M and recent sales averaging $1.64M, buyers in Upper Deer Lake typically secure a detached home on a generous lot in a quiet, established setting — a rare combination at this price point in central Burnaby.

Avg sold:$1,640,000
Avg list:$1,989,444
$/sqft:$780
Sale/list:93.6%

Active Listings in Upper Deer Lake

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Recently Sold in Upper Deer Lake

Avg recent sale: $1,640,000

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About Upper Deer Lake

Upper Deer Lake is one of Burnaby's most established and tranquil residential pockets, offering a unique blend of mature streetscapes, generous lot sizes, and easy access to one of the city's most beloved green spaces. Tucked between Deer Lake Park and the Kingsway corridor, the area appeals to families, professionals, and downsizers who want a quieter suburban feel without sacrificing central convenience. Upper Deer Lake real estate is characterized by detached single-family homes on larger-than-average lots, many of which have been thoughtfully updated or rebuilt over the years.

The current market reflects the area's premium positioning within Burnaby real estate. There are currently 2 active Upper Deer Lake MLS listings, with an average list price of $1,989,444 and a median of $2,190,000. Recent sales have averaged $1,640,000 at roughly $780 per square foot, with a sale-to-list ratio of 93.6%, suggesting buyers have some room to negotiate in the current environment. The price range of $1,788,888 to $2,190,000 places the neighbourhood firmly in the upper tier of detached housing options in central Burnaby.

Lifestyle here is centred around Deer Lake Park, where residents enjoy walking trails, paddling on the lake, cultural festivals, and access to civic and arts venues clustered around the park's edge. Everyday amenities are minutes away along Kingsway and at Metropolis at Metrotown, while commuters benefit from quick connections to Highway 1, Canada Way, and SkyTrain stations that link directly to downtown Vancouver. Families are drawn to the area's reputation for well-regarded public and independent schools within the Burnaby school district.

Upper Deer Lake homes for sale tend to attract move-up buyers seeking space, established families, and investors who recognize the long-term value of a centrally located, low-density enclave. Whether you're searching for a renovated character home or a modern custom build, Upper Deer Lake offers a rare combination of nature, privacy, and proximity that continues to drive steady demand across the Burnaby real estate market.

Why Upper Deer Lake?

  • Quiet, tree-lined streets with larger lots than most central Burnaby neighbourhoods
  • Walking distance to Deer Lake Park, trails, and cultural venues
  • Detached homes currently listed between $1,788,888 and $2,190,000
  • Average price per square foot of approximately $780
  • Sale-to-list ratio of 93.6%, indicating some room for buyer negotiation
  • Quick access to Highway 1, Canada Way, and nearby SkyTrain stations
  • Close to Metrotown shopping, dining, and everyday amenities

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