Vancouver Neighbourhood
At an average price of $1,940,853, Upper Deer Lake buyers typically acquire substantial single-family homes on larger lots in a quieter, established neighbourhood with direct park access and solid commuter connectivity. This price point delivers strong value for buyers seeking suburban lifestyle without the premium pricing of nearby communities.
Avg recent sale: $1,742,667
Upper Deer Lake is a highly sought-after residential neighbourhood in central Burnaby, BC, offering buyers a rare combination of suburban tranquility and urban convenience. This established community is characterized by tree-lined streets, spacious lots, and well-maintained single-family homes that appeal to families and professionals seeking privacy without sacrificing accessibility. With an average list price of $1,940,853 and prices ranging from $1,600,000 to $2,999,888, Upper Deer Lake real estate represents excellent value for the Greater Vancouver market, with homes selling at approximately $679 per square foot. The neighbourhood's 95.1% sale-to-list ratio demonstrates strong buyer demand and market confidence in this area.
The lifestyle advantages of Upper Deer Lake are compelling. Residents enjoy direct access to Deer Lake Park, featuring scenic trails, recreational facilities, and waterfront amenities that make outdoor living a daily reality. The neighbourhood is strategically positioned near major commuter routes, including Highway 1 and transit corridors, making commutes to Vancouver, the airport, and other regional destinations manageable. Schools, shopping, and dining options are conveniently located throughout central Burnaby, ensuring families have everything they need within minutes.
Upper Deer Lake MLS listings typically attract downsizers, growing families, and buyers relocating to Burnaby who prioritize space and community over high-density living. The median list price of $2,222,000 positions this neighbourhood as accessible to middle-to-upper-market buyers. With 26 active Upper Deer Lake homes for sale and a healthy inventory of residential properties, the current market offers choice without excessive competition. This neighbourhood continues to be a cornerstone of Burnaby real estate, offering proven appreciation potential and lifestyle quality that resonates with discerning homebuyers.
MLS® R3166243 · Listed by RE/MAX Crest Realty
Upper Deer Lake
MLS® R3093947