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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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Photo of 3650 WESTMINSTER AVENUE in Burnaby $1,850,000


Amazing home you have to see to believe! Don’t let the age fool you, this house is as modern and new as you can get. Total wall-to-wall renovations done, no expense spared. Hardwood floors, metal roof w/lifetime warranty, kitchen w/quartz counters, bathrooms, plumbing, electrical, big windows and... Learn More

  • Sq size 2942 Sq Ft
  • The number of bedrooms 6 Bedrooms
  • Year Built 1977
  • The number of bathrooms 3 Bathrooms
Schedule a Visit Listing Provided By: SRS Westside Realty
Photo of 4950 LAUREL STREET in Burnaby $1,269,900

4950 LAUREL STREET Burnaby, BC

Location! Location! Location! Builder’s & Investor Alert! This 5 Bedroom & 1.5 Bath home with Beautiful North Shore Mountain Views is Centrally Located within Minutes of Walking Distance to BCIT, 10 mins to Metrotown Centre & Brentwood Mall, Deer Lake Park, 8 Rinks, easy access to Hwy 1, Close to... Learn More

  • Sq size 1570 Sq Ft
  • The number of bedrooms 5 Bedrooms
  • Year Built 1954
  • The number of bathrooms 1 Bathrooms
Schedule a Visit Listing Provided By: TRG-The Residential Group Rlty
Photo of 4640 CANADA WAY in Burnaby $2,238,000

4640 CANADA WAY Burnaby, BC

EXTREME VALUE!! No Vacancy Tax in BBY, CENTRAL LOCATION, easy access to highways, public transit, BCIT, Burnaby General Hospital, Brentwood Mall, Metrotown, short drive to Downtown. 4,000sqft FAMILY HOME is not only constructed with TOP QUALITY MATERIALS (keeps it quiet) and has a well thought out... Learn More

  • Sq size 3980 Sq Ft
  • The number of bedrooms 8 Bedrooms
  • Year Built 2018
  • The number of bathrooms 6 Bathrooms
Schedule a Visit Listing Provided By: Coldwell Banker Westburn Rlty.
no image $1,968,000


A magnificent quality built residence located in the prime Deer lake Place. 3726 sq.ft. sits on beautiful lot 60' x 105' with nice curb appeal. This exceptional new home offers 6 bedrooms and 5.5 baths. Large open gourmet kitchen with high end stainless steel appliances, huge center island with... Learn More

  • Sq size 3726 Sq Ft
  • The number of bedrooms 6 Bedrooms
  • Year Built 2011
  • The number of bathrooms 6 Bathrooms
Schedule a Visit Listing Provided By: Nu Stream Realty Inc.
Photo of 4680 CANADA WAY in Burnaby $1,198,000

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. This home is partially renovated in 2015. Great... Learn More

  • Sq size 1968 Sq Ft
  • The number of bedrooms 6 Bedrooms
  • Year Built 1969
  • The number of bathrooms 2 Bathrooms
Schedule a Visit Listing Provided By: Multiple Realty Ltd.