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Rental income, rental income, and more rental income. Greentree Village in South Burnaby is an ideal place to purchase for an investor or someone who would like to earn money by owning property. Homes here are up for sale very often but this is a perfect place to purchase for long term rental income. Being that the area is located right in behind the BCIT Burnaby campus rental units here never go vacant for long.

More About Greentree Village

The majority of the properties here are townhouses with approximately 4 bedrooms on average. There are some detached homes in this area as well but they rarely are listed and when they do they sell very very fast when listed professionally. Detached homes here commonly have around 4 bedrooms as well but they sell for anywhere between $550,000 and $900,000 respectively. Townhouses here will sell for around $450,000 and $600,000 or  more depending on the size, location and quality of the property.

There is a lot of public transit in the area for students to commute and every necessity can be obtained within a 30 min radius. Your average rental income can vary in this area from year to year and whether or not you decide to rent out the entire unit or rent out by bedroom like a dormitory. The average 2 bedroom suite in the surrounding area can be rented for around $1400 per month so likely each bedroom may receive approximately $500-$700 per month. These are just approximate numbers and we always suggest you do some homework on your own by checking local newspaper advertisements, school bulletins and craigslist to see what the going rate is for the current school semester. Or if you are seriously considering purchasing a rental unit here we will of course look into specific details for you and have everything available for you.

Other South Burnaby Communities

  • Big Bend
  • Buckingham Heights
  • Burnaby Hospital
  • Burnaby Lake
  • Deer Lake
  • Deer Lake Place
  • Forest Glen
  • Garden Village
  • Garden Village
  • Metrotown
  • South Slope
  • Suncrest
  • Upper Deer Lake

Contact Ryan Taylor from Sutton Group West Coast Estates for neighbourhood specific expertise.

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Open House Photo of 4703 DRIFTWOOD PLACE in Burnaby $839,800


GREENTREE VILLAGE-Huge 3 Bedroom 2 Bath End Unit that has been freshly updated consisting of 3 full levels including fully finished basement! Tons of upgrades including New Bathrooms, Kitchen, Laminate flooring, Double Glazed windows too many to list! Featuring a large 655sq.ft. fully fenced... Learn More

  • Sq size 1924 Sq Ft
  • The number of bedrooms 3 Bedrooms
  • Year Built 1976
  • The number of bathrooms 2 Bathrooms
Schedule a Visit Listing Provided By: RE/MAX Real Estate Services
Photo of 4725 CEDARGLEN PLACE in Burnaby $798,000


Situated on a private setting, corner unit in the sought-after Greentree Village. This family oriented neighbourhood is quiet and peaceful, yet minutes away from all you may need. Updated 3 bdrm this townhouse features a tiled entry, open living/dining area, sliding doors leading out to an... Learn More

  • Sq size 1706 Sq Ft
  • The number of bedrooms 3 Bedrooms
  • Year Built 1975
  • The number of bathrooms 0 Bathrooms
Schedule a Visit Listing Provided By: Engel & Volkers Vancouver
Open House Photo of 4640 CANADA WAY in Burnaby $2,288,000

4640 CANADA WAY Burnaby, BC

Beautiful BRAND NEW home with vaulted ceilings and functional layout with all the features! Guest room with ensuite bath, 2 sleek kitchens and 2 fireplaces on the main floor. 4 bedrooms on the upper floor, 2 with ensuites. Master bedroom boasting a sky lit hallway with 2 walk-in closets, leading to... Learn More

  • Sq size 3944 Sq Ft
  • The number of bedrooms 8 Bedrooms
  • Year Built 2018
  • The number of bathrooms 6 Bathrooms
Schedule a Visit Listing Provided By: Nu Stream Realty Inc.
Photo of 3650 WESTMINSTER AVENUE in Burnaby $1,595,000


Tastefully updated and superbly maintained 6 bedroom and 4 bath home located in popular "Greentree Village". Very bright and modern plan features legal 2 bdrm suite with potential for more. Upgrades include: gorgeous hardwood flooring, top end double windows with vinyl frames, new kitchen cabinets... Learn More

  • Sq size 2918 Sq Ft
  • The number of bedrooms 6 Bedrooms
  • Year Built 1977
  • The number of bathrooms 3 Bathrooms
Schedule a Visit Listing Provided By: Royal LePage Regency Realty
Photo of 4134 GARDEN GROVE DRIVE in Burnaby $582,000


With love and care is how to describe this beautiful Townhome situated in a quiet and serene setting of Greentree Village. From the moment you walk up to the plant enriched entrance and trellised door to the beautiful two sided patio. This tastefully renovated home with a new bathroom, new modern... Learn More

  • Sq size 937 Sq Ft
  • The number of bedrooms 2 Bedrooms
  • Year Built 1976
  • The number of bathrooms 1 Bathrooms
Schedule a Visit Listing Provided By: Rennie & Associates Realty
Photo of 4680 CANADA WAY in Burnaby $1,168,000

4680 CANADA WAY Burnaby, BC

Great investment property!! 6360 square feet lot. 3 bedroom upstairs and 3 bedroom downstairs. Central location with 5 minutes to BCIT and Brentwood mall, 10 minutes to Metrotown, 15 minutes to Simon Fraser University and quick access to Highway #1. Basement suite is totally separated from the main... Learn More

  • Sq size 1968 Sq Ft
  • The number of bedrooms 6 Bedrooms
  • Year Built 1948
  • The number of bathrooms 2 Bathrooms
Schedule a Visit Listing Provided By: Multiple Realty Ltd.
Photo of 4962 HARDWICK STREET in Burnaby $2,530,000


Stunning Luxury brand new 4000sqft+ home with 6 bedrooms & 8 Baths over 3 levels of open space. Grand entrance with over height ceilings welcomes you to glass wall stairways & large principal rooms perfect for growing families on this wide 83 x 106 (8800sq Lot). 2 car garage & 2 car carport, Top... Learn More

  • Sq size 4071 Sq Ft
  • The number of bedrooms 6 Bedrooms
  • Year Built 2018
  • The number of bathrooms 8 Bathrooms
Schedule a Visit Listing Provided By: Oakwyn Realty Ltd.