Aerial view of a suburban neighborhood with houses, tall evergreen trees, and a distant city skyline of Burnaby, BC under a clear blue sky.

Property Development Partner in Burnaby

Your Burnaby property — a partnership worth building.
Most homeowners never realize what their land is now worth — or what it could become. Asthan Homes works with Burnaby landowners and investors to develop duplexes and multiplexes through a transparent, fully managed partnership.
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The rules changed

In 2023, BC's provincial government quietly rewrote what's possible on most residential lots in Burnaby. Under the Small-Scale Multi-Unit Housing legislation, properties that once held a single home can now support a duplex, triplex, or multiplex — without the rezoning applications that used to add years to any project.

Most owners haven't acted on it yet. Some don't know. Others know, but don't know where to start.

The development process can feel overwhelming. It shouldn't have to.

Asthan Homes acts as your property development partner in Burnaby — managing permits, design, construction, and sale while you stay informed at every stage. You don't need to understand the process. You just need the right partner.

Who we work with
Two kinds of partners
The Landowner
You own a property in Burnaby. Maybe you've lived there for years, or inherited it, or held it as an investment. BC's new zoning rules mean your lot likely qualifies for something more — a duplex or multiplex that could generate real income or a meaningful capital return.

You're not looking to become a developer. You just want someone you can trust to handle the complexity, keep you informed, and deliver a result that makes sense for your situation.
The Investor
You have capital to deploy in Burnaby real estate and you're looking for something more direct than a fund or a REIT. A project-specific joint venture — where you know exactly which property your investment is tied to, and receive regular reporting throughout.

Passive or lightly active involvement available. Either way, you'll see the financials before you commit to anything.
How we Partner
Two models, one standard of transparency
Land Owner Partnership
You contribute the land. We contribute the expertise.

Asthan Homes manages everything — feasibility, permits, architectural coordination, construction, and sale. You retain title throughout — or, if you prefer a completely hands-off experience, we can handle the construction financing as well, at no upfront cost to you. The profit split is agreed in writing before a permit is filed, and all major decisions are made together with you.

A partnership should feel collaborative, not transactional.

Some partners choose to sell all completed units and take their share of proceeds. Others keep one unit — for family, for rental income — and sell the rest. We'll structure around what makes the most sense for you.
- Retain full title throughout the development
- No upfront development costs from the landowner
- Monthly updates—conversations, not just invoices
- Independent legal review of the agreement is encouraged
Investment Joint Venture
You bring capital. We run the development.

This is a project-specific joint venture — not a fund, not a pooled vehicle. You know exactly which Burnaby property your capital is tied to. Asthan Homes co-invests alongside you, manages every stage, and provides structured financial reporting throughout.

Minimum investment thresholds vary by project and are discussed at the initial consultation. The financial model — costs, timeline, return structure — is shared in full before any commitment is made.
- Open-book financials before you commit
- Quarterly site walkthroughs and monthly progress reporting
- Investor capital returned first, then preferred return, then profit split
- Joint venture agreement reviewed by your own legal counsel
The Process

Simple steps, no surprises

The right development partner should reduce stress, not create more of it. Here's what working together actually looks like.
01.

Free Consultation
We spend 30–45 minutes understanding your property or investment goals. You ask everything. We answer honestly — including if your situation isn't a fit for us.

02.

Feasibility Review
We assess your Burnaby lot against current SSMUH rules and City zoning. A written summary — what can be built, estimated timeline, projected financials — arrives within a few business days.

03.

Partnership Agreement
If we're moving forward, we document the structure formally. We produce a draft agreement and expect you to have independent legal counsel review it before signing.

04.

Design & Permits
We manage the full pre-construction phase — architectural plans, engineering, permit applications. You receive copies of all submissions and milestone updates throughout.

05.

Build & Deliver
Construction begins. A dedicated project manager handles all coordination. Monthly progress updates and photos. On completion, the agreed proceed structure is executed.

Now Selling New & Pre-Construction Homes in Burnaby

Homes built for belonging
Dufferin Row
Available Now
Metrotown Duplex
April 2026
Upper Deer Lake Multiplexes
Fall 2026
where we build
Burnaby neighbourhoods we build in

We focus exclusively on Burnaby — which means our zoning knowledge, contractor relationships, and neighbourhood expertise run deep. If your property sits in any of these areas, it’s worth a conversation.

Burnaby Heights
A walkable corridor along Hastings — strong lot sizes and a proven market for thoughtfully crafted new duplex builds.
Parkcrest
Quiet residential streets with generous lots — one of Burnaby’s most active areas for quality multiplex development
Capitol Hill
Elevated views and larger lots — ideal for families wanting a home builder who understands the neighbourhood’s character.
Metrotown
High-demand SkyTrain corridor — strong resale values and consistent buyer appetite for premium, well-crafted new builds.
South Slope
Panoramic views and established character — larger lots well-suited to custom duplex projects built for the long term.
Upper Deer Lake
A mature, family-oriented neighbourhood — active development and buyers who appreciate quality construction that lasts.
Sperling-Duthie
Convenient SkyTrain access and residential depth — a trusted corridor for new home construction across Burnaby.
Forest Glen
Established family neighbourhood bordering Burnaby Lake — growing demand for homes crafted with care and intention.
Common Questions
Answers to what people usually ask us first

Can I build a duplex on my land in Burnaby?

In most cases, yes. BC's SSMUH legislation means most Burnaby residential lots now qualify for a duplex, triplex, or multiplex without a full rezoning application. Eligibility depends on lot size and setbacks. A free feasibility review confirms your property's potential — usually within a few business days.

Do I have to sell my property to partner with Asthan Homes?

No. In a land owner partnership, you keep title throughout the entire development. Your property isn't transferred or sold to us. You remain the registered owner until completed units are sold and proceeds are distributed as agreed. Options available to sell, while retaining part-ownership interest, and let us handle the construction financing.

How long does a duplex or multiplex project take in Burnaby?

A duplex typically runs 6–9 months from partnership agreement to occupancy. Multiplexes generally run 12–15 months. Permit approval is the biggest variable — we manage that process directly and build realistic timelines into every project from the start.

What does the financial structure of a joint venture look like?

It's negotiated upfront and project-specific. Capital contribution, preferred return, and profit split are all documented before work begins. We discuss the full structure during an initial consultation — we don't publish standard terms publicly.

What happens if I decide not to proceed after the consultation?

Nothing. The consultation, feasibility review, and preliminary financial discussion are all free and carry no obligation. We'd rather have a hundred honest conversations than one partnership that wasn't right for both parties.

What Burnaby neighbourhoods does Asthan Homes work in?

We focus exclusively on Burnaby. Projects span Burnaby Heights, Parkcrest, Capitol Hill, Metrotown, South Slope, Upper Deer Lake, Sperling-Duthie, and Forest Glen. That focus means our knowledge of neighbourhood zoning, permit patterns, and buyer demand is current and specific.

Find out what your property could become
A free consultation takes 30 minutes. You'll leave with a clear picture of your property's development potential, a realistic timeline, and an honest sense of whether a partnership with us makes sense.
Book a Free Consultation