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Market Overview
The market for townhouses for sale in Burnaby Lake continues to attract attention from buyers who want a balance of space, convenience, and value. With 4 active listings currently available, shoppers can compare a range of layouts, finishes, and community styles without feeling limited to a handful of options. The average list price sits at $1,190,225, giving a helpful benchmark for understanding how today’s inventory is positioned. Just as important, the average time on market is 85 days, which offers insight into how quickly homes are moving and how prepared buyers may need to be when the right fit appears.
Pricing direction also matters when evaluating timing and strategy. The current +2.7% change provides a snapshot of whether values are generally trending upward or downward. Combined, these indicators help paint a clear picture of overall momentum—useful for first-time buyers, move-up purchasers, and investors alike who are tracking demand in this part of the city.
Browse Listings
Exploring 4 available townhouses for sale in Burnaby Lake is the best way to understand what’s possible at different price points and in different pocket communities. Inventory often includes a mix of modern and more established townhome designs, with variations in floor plan efficiency, outdoor space, parking arrangements, and monthly ownership costs depending on how each property is structured.
Whether someone is searching for sale for a low-maintenance home base or a long-term property that can adapt to changing needs, browsing the latest listings helps narrow priorities quickly. Viewing photos, reading listing details, and comparing similar properties side-by-side can clarify which features matter most—such as bedroom count, layout flow, storage, or proximity to daily essentials.
Pricing Insights
Understanding price expectations for townhouses for sale in Burnaby Lake starts with the current average price of $1,190,225, then becomes clearer when viewed alongside the broader $998,000 - $1,378,000 range. That spread reflects how location within the area, condition, size, and upgrades can influence asking prices. Another useful metric is the average price per square foot, currently $757, which can help buyers compare value across properties that may look similar at first glance but differ meaningfully in size or interior finish.
For shoppers weighing affordability against space needs, these figures can help set realistic shortlists and guide negotiations. Comparing a property’s asking price to typical per-square-foot levels—while also considering layout quality and overall presentation—often provides a more complete picture than headline price alone. The pricing breakdown by bedroom type below adds another layer of clarity for households with specific space requirements.
Average Prices by Bedroom
Bedrooms Avg. Price Listings 3 Beds $1,190,333 3 4+ Beds $1,189,900 1 Living in the Area
Life in Burnaby Lake tends to appeal to people who want a neighbourhood feel while staying connected to everyday conveniences. Townhouse living often strikes a middle ground between a condo and a detached home: many residents value the sense of separation and multi-level space, while still enjoying a lower-maintenance lifestyle than a traditional freehold property might require. Streetscapes in areas like this can feel community-oriented, with a mix of long-term residents and newer arrivals contributing to an active, lived-in atmosphere.
Walkability can vary by pocket, but many buyers appreciate being able to handle small daily errands without relying on a car for every trip. For those who commute or prefer to be out and about, easy access to key routes and transit options can be a major draw. Townhouses can also suit a wide range of households—professionals wanting a home office, young families looking for more room, or downsizers who still want stairs-separated living space and a bit of outdoor area.
Overall, the lifestyle in Burnaby Lake is often defined by balance: enough privacy to feel at home, enough neighbourhood activity to feel connected, and enough nearby amenities to keep routines simple. For many buyers, that combination is exactly what makes townhouses in this area worth a closer look.
Market Trends
Market conditions can shift quickly, so reviewing recent trend data helps buyers understand how pricing, demand, and listing activity compare over time.
Market Trends
Period Avg. Price Listings Avg. DOM Current $1,190,225 4 85 days Last 12 Months $1,134,527 11 17 days Last 90 Days $1,068,750 4 5 days What's Nearby
Convenience is a major part of the appeal for townhouses for sale in Burnaby Lake, especially for buyers who want an easy day-to-day routine. Transit access is supported by Eastbound Government Rd @ Jensen Place, located 817.20701418055, which can make commuting and getting around more straightforward. For groceries and essentials, residents often rely on PBF Pita Bread Factory, helping keep weekly shopping close to home.
When it’s time to unwind outdoors, nearby green space options such as Burnaby Lake Regional Nature Park and Eagle Creek Ravine Park offer a simple way to add fresh air and walking time to the week.
Frequently Asked Questions
What is the average price of townhouses for sale in Burnaby Lake?
The current average listing price for townhouses for sale in Burnaby Lake is $1,190,225. This is a useful benchmark for setting expectations, but individual prices can still vary based on layout, condition, and where a property sits within the broader $998,000 - $1,378,000 range.
How many townhouses for sale are available for sale right now in Burnaby Lake?
There are 4 active listings available for sale in Burnaby Lake. Inventory levels can influence how much choice buyers have at a given moment, so checking back regularly can help shoppers stay on top of new opportunities.
How long do townhouses for sale typically take to sell in Burnaby Lake?
On average, listings spend 85 days on the market in Burnaby Lake. Days on market can shift with seasonality and pricing strategy, so well-positioned homes may move faster than the average while others may take longer depending on presentation and competition.
What should buyers focus on when comparing listings in Burnaby Lake?
In addition to price, many buyers compare value using metrics like 85 days and the overall level of competition reflected by 4 active listings. Reviewing the average price of $1,190,225 alongside the property’s features and how it stacks up to similar listings can help clarify whether a home is competitively priced and aligned with current market expectations.
For grabbing your groceries, PBF Pita Bread Factory is a 6-minute walk. For those days you just want to be indoors, look no further than Jane Appleby Art Gallery to keep you occupied for hours. You are a short distance away from great parks like Burnaby Lake Regional Nature Park and Eagle Creek Ravine Park.
Without a car, you can get around quite easily. The closest transit stop is a BusStop (Eastbound Government Rd @ Jensen Place) and is an 8-minute walk, but there is also a Subway stop, Lake City Way Station Platform 2, a 12-minute walk connecting you to the TransLink. It also has (Bus) route 110 Lougheed Station/metrotown Station nearby.