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5488 Canada Way
Burnaby Lake Burnaby V5E 3N3

$1,699,900
Residential beds: 4 baths: 4.0 2,138 sq. ft. built: 2018

Back of property with french doors, decorative driveway, a garage, fence, and a lawn
Photo 1: 5488 Canada Way, Burnaby - Burnaby Lake
Photo 2: 5488 Canada Way, Burnaby - Burnaby Lake
Photo 3: 5488 Canada Way, Burnaby - Burnaby Lake
Photo 4: 5488 Canada Way, Burnaby - Burnaby Lake
Photo 5: 5488 Canada Way, Burnaby - Burnaby Lake
Photo 6: 5488 Canada Way, Burnaby - Burnaby Lake
Photo 7: 5488 Canada Way, Burnaby - Burnaby Lake
Photo 8: 5488 Canada Way, Burnaby - Burnaby Lake
Photo 9: 5488 Canada Way, Burnaby - Burnaby Lake
Status:
Active
Prop. Type:
Residential
MLS® Num:
R2989939
Bedrooms:
4
Bathrooms:
4
Year Built:
2018
WELCOME TO DEER LAKE RESIDENCES – A boutique collection of custom-built 2-storey duplexes in the heart of Burnaby, nestled between Deer Lake and Burnaby Lake. Quiet inside—no traffic noise. This 5 bed, 4 bath home offers over 2,000 sqft of quality living with engineered hardwood, quartz counters, S/S appliances, radiant heat, Control4, H.E. furnace, wireless security, irrigation, fruit trees, and two balconies. Oversized windows bring in year-round light. **BONUS**: 1-bed ground-level nanny suite—great mortgage helper! Feels like a detached home with private outdoor space. Walk to Buckingham Elem, 3-min to Burnaby Central Sec.
Property Type:
Residential
Dwelling Type:
Half Duplex
Home Style:
Two Levels
Year built:
2018 (Age: 7)
Living Area:
2,138 sq. ft.
Building Area - Total:
2,138 sq. ft.
Levels:
Two
Bedrooms:
4 (Above Grd: 4)
Bathrooms:
4.0 (Full:4/Half:0)
Taxes:
$6,189.53 / 2024
Outdoor Area:
Fenced
Plan:
EPS5021
Construction Materials:
Frame Wood, Mixed (Exterior)
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
734 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
1,404 sq. ft.
Floor Area Fin - Total:
2,138 sq. ft.
# Of Garage Spaces:
1.0
Parking Features:
Garage Single, Open
Parking:
Garage Single, Open
Parking Total/Covered:
4 / 1
Title to Land:
Freehold NonStrata
2
Age Restrictions:
No
Tax Utilities Included:
false
Home Owners Association:
No
Land Lease:
No
Utilities:
Community, Electricity Connected, Natural Gas Connected, Water Connected
Sewer:
Public Sewer, Sanitary Sewer
  • Photo 1: 5488 Canada Way, Burnaby - Burnaby Lake
    Back of property with french doors, decorative driveway, a garage, fence, and a lawn
  • Photo 2: 5488 Canada Way, Burnaby - Burnaby Lake
    Kitchen with wall chimney range hood, white cabinets, light countertops, a sink, and stainless steel appliances
  • Photo 3: 5488 Canada Way, Burnaby - Burnaby Lake
    Kitchen with white cabinetry, light countertops, appliances with stainless steel finishes, and wall chimney exhaust hood
  • Photo 4: 5488 Canada Way, Burnaby - Burnaby Lake
    Kitchen with recessed lighting, wall chimney exhaust hood, white cabinetry, and appliances with stainless steel finishes
  • Photo 5: 5488 Canada Way, Burnaby - Burnaby Lake
    View of balcony
  • Photo 6: 5488 Canada Way, Burnaby - Burnaby Lake
    Kitchen featuring a sink, light countertops, under cabinet range hood, white cabinetry, and stainless steel appliances
  • Photo 7: 5488 Canada Way, Burnaby - Burnaby Lake
    View of front of house with roof with shingles, french doors, and decorative driveway
  • Photo 8: 5488 Canada Way, Burnaby - Burnaby Lake
    Rear view of property featuring a yard, decorative driveway, fence, an attached garage, and french doors
  • Photo 9: 5488 Canada Way, Burnaby - Burnaby Lake
    Full bathroom with toilet, a marble finish shower, and vanity
Listed by Macdonald Realty Westmar
Data was last updated April 16, 2025 at 10:40 AM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$2,275,000
Min list price:
$1,038,000
Max list price:
$4,800,000
Avg days on market:
41
Min days on market:
2
Max days on market:
344
Avg price per sq.ft.:
$750.38
These statistics are generated based on the current listing's property type and located in Burnaby Lake. Average values are derived using median calculations.
AMAR SHAN
DANA BALAN
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BC properties for sale - Real Estate Basics

When you are planning to buy a property for sale, you should consider your lifestyle and budget, as well as how much you want to be involved in home maintenance. Here are some important considerations in selecting a home from the properties for sale:

Always have a Home Inspection done on the property!

If the home is less then 10 years old, check the Home Warranty provided for the property.

If the property is part of a Strata Corporation, it is very important to read and understand all the Strata documents, to determine the strata status before making a purchase decision.

These are the most common docs:

  • Current Form B
  • Bylaws & Rules
  • Strata Minutes including AGM, SGM
  • Rental Disclosure Statement
  • Engineering Reports
  • Depreciation Reports
  • Current Financial Statements
  • Insurance Certificate

If the home was built before 1990 it is important for you to know about the health risks associated with asbestos. See more details about asbestos in our Home Renovations blog page.

The location is always extremely important! You should consider the time you lose commuting to your work, the schools that are in the neighbourhood, access to amenities, shopping, parks, etc. You should also sick information about the Radon levels in the area & home. Radon might be a health issue if the level present in your home is higher. Find more information on our Radon blog page.

Before completing a transaction on a property, check the Property Ownership Types available in British Columbia.

Make sure you a know about the programs and incentives available for First Time Home Buyers if you are one!

If you are buying a property that is tenanted, check the different rules that apply for Tenant Occupied Properties.

Find other important information you have to know when you are buying a property on our Real Estate Blog Pages.

To learn about Consumer Protection in BC Real Estate Market visit BCFSA (BC Financial Services Authority).

You should also check the prices for the recently Sold homes/ properties/ real estate in your neighbourhood! You can find them searching on the Communities pages or searching Residential by Map All MLS ® Sold Listings are available!