Burnaby Lake

At a glance

Burnaby Lake covers a large residential area around Burnaby Lake Regional Park, with houses, townhouses and apartments near Sperling station. About 36% of homes are detached and 26% are apartments, 35% of households rent, and owners valued the median home at about $1.42M in the 2021 census.

Median home value (est.)

$1.41M^*

* est.: 2021 census, indexed to September 2026 · city $1.09M

Residents

25,620

scaled estimate for mid-2025, up from 23,766 at the 2021 census

Households renting

35%

city 36%

Homes that are apartments

26%

city 38%

What the numbers mean

• Owners valued the median home at $1.42M in the 2021 census. Indexed to September 2026 prices with the Greater Vancouver MLS® Home Price Index (-7% since then), that is about $1.41M, 29% above the Vancouver suburbs median of $1.09M. It is an estimate: the index tracks the whole region, not this neighbourhood.
• 35% of households rent, close to the 36% city-wide.
• 36% of homes are single-detached houses, versus 30% city-wide.

Who lives here

Share of residents by age, scaled estimate for mid-2025, up from 23,766 at the 2021 census.

Homes

Share of homes by type, scaled estimate for mid-2025, up from 23,766 at the 2021 census.

Upfront closing costs¹

BC charges a tiered property transfer tax: 1% on the first $200,000, 2% to $2 million, then 3%, and 5% above $3 million. Government fees at the median home price: This uses the census home value indexed to September 2026 prices, so treat it as an estimate.

BC property transfer tax

$26,160

on $1.41M

How it's changing

These municipalities don't publish building permits by neighbourhood, so we can't chart construction here yet.

Safety

Neighbourhood-level crime figures aren't available for Burnaby. Policing there is by the RCMP or a municipal police department, and neither publishes open crime counts by neighbourhood. Check Statistics Canada's crime tables for municipality-wide trends, and the local police website for crime maps. Why this is missing.