Burnaby homeowners with lane access have a significant opportunity that most of them have not fully explored. Under Burnaby’s current zoning — which has been progressively updated to align with Metro Vancouver’s densification goals — most single family lots in Burnaby with lane access now qualify for a laneway home. A laneway home in Burnaby generates $1,900 to $2,900 per month in rental income while adding $300,000 to $400,000 to your property’s assessed value.
Elite Empire Developments is a licensed laneway home builder in Burnaby. We have built laneway homes across Burnaby’s neighbourhoods — Metrotown, Lougheed, Deer Lake, South Burnaby — and we understand Burnaby’s specific zoning requirements, permit process, and architectural guidelines. We manage the entire laneway home project from initial site assessment through final occupancy permit.
Most Burnaby single family lots with lane access qualify for laneway home construction under current zoning. The key requirements are lane access, sufficient lot width (typically 10 metres minimum), and single family residential zoning. Burnaby’s permit process for laneway homes is well-established and moves efficiently compared to some other municipalities.
We offer free site assessments for Burnaby homeowners. We visit your property, confirm eligibility, assess site conditions, and give you a realistic cost estimate — no charge, no obligation.
Laneway home costs in Burnaby are closely comparable to Vancouver — within 5 to 10 percent in most cases. A finished laneway home in Burnaby costs $280,000 to $480,000. Most projects come in between $320,000 and $410,000. City of Burnaby permit fees are slightly lower than Vancouver, which partially offsets comparable construction costs.
One-bedroom laneway home Burnaby: $1,900 to $2,300/month. Net annual income: $16,000 to $20,000.
Two-bedroom laneway home Burnaby: $2,300 to $2,900/month. Net annual income: $19,000 to $25,000.
A completed laneway home adds $300,000 to $400,000 to your Burnaby property value in addition to the ongoing rental income.
A: A finished laneway home in Burnaby costs $280,000 to $480,000. Most projects come in between $320,000 and $410,000 depending on size, finishes, and lot conditions.
A: Most Burnaby single family lots with lane access qualify. We do a free site assessment to confirm eligibility and assess your specific lot conditions.
A: Burnaby laneway homes rent for $1,900 to $2,900 per month. After all expenses, most Burnaby laneway home owners net $16,000 to $25,000 per year.
A: City of Burnaby laneway home permit processing typically takes 8 to 12 weeks for a complete, well-prepared application.
A: Construction takes 4 to 6 months once the permit is approved. Total timeline from initial design to move-in is 10 to 12 months.
A: Yes. A completed laneway home in Burnaby typically adds $300,000 to $400,000 to your property’s assessed value.