Downtown Vancouver is home to arguably the hottest real estate market in Canada. One visit reveals there’s no secret as to why. Ocean views, world-class entertainment and shopping, high-end real estate, and, of course, location. It’s certainly not cheap to live in Downtown Vancouver, but the area earns its prestige and living there means living in one of the most desirable places in the entire world. Investors from all over look to Vancouver, British Columbia real estate, and the entire market, especially Downtown, is growing at an unbelievable pace.
On the surface, Downtown Vancouver looks like any other downtown district. High rise apartments and condos share the skyline with office buildings. The streets are busy during rush hour as people from all around the Metro Vancouver area travel in and out of the community for work. High-end retail shops line the streets and upscale restaurants are plentiful. Look beyond the concrete, however, and you’ll find even more that makes this area of Vancouver so desirable. Downtown Vancouver sits on a peninsula, meaning it’s surrounded on two sides by the Pacific Ocean. Living near the ocean is something many people dream of and the views looking out to the Gulf Islands are nothing short of breathtaking. To the west is the world-famous Stanley Park. There are also two major sports stadiums, Rogers Arena and BC Place Stadium, home to the Vancouver Canucks and the BC Lions, respectively. Needless to say, Downtown is where the action is.
As already mentioned, Downtown Vancouver is home to professional hockey and football in the city. Sports fans should feel no shortage of live action to take in. Stanley Park has a famous seawall with a running and biking path along the top. This is an incredibly popular destination for a scenic walk, run, or bike ride. Inside Stanley Park there’s the Vancouver Aquarium. The aquarium is a must-visit destination for people of all ages. For kids, the aquarium is fun and educational, offering events like sleepovers, birthday parties, and camps. For those who like to spend an afternoon shopping, Downtown Vancouver boasts some of the best stores in Canada. From flagship stores for popular brands like Nike to upscale shopping experiences from Gucci and Christian Dior, the neighbourhood might well be one of the best destinations in the entire country for those who appreciate good fashion.
Downtown Vancouver largely consists of apartments and condos when it comes to real estate. The area is very popular for investors and people seeking a place to live, which means prices are high and always rising. That said, people still choose to live downtown because of everything else it has to offer in addition to the housing. For ocean views and world-class entertainment the price is high but often worth it. The apartments and condos are often very upscale and modern. The size of the units available can also vary quite a bit. From small one bedroom condos for the single professional to large units for entire families, there’s certainly going to be something that meets your needs.
If you are looking for a detached single-family home, you might be best advised to look just outside of the downtown area to communities like Riley Park. The public transportation in the city is fantastic and some of the outlying communities will offer up a greater selection, especially for those who don’t wish to live in an apartment. When looking downtown, the view of the ocean can often have a major effect on price. If an ocean view is important to you then downtown is a fantastic place to look for your home but the price will reflect that highly desired feature.
The biggest concern in Downtown Vancouver may be noise. This is no different than any other downtown core in any other major city, however. If you want to live downtown you must expect a reasonable amount of traffic noise, especially during rush hour. Being the entertainment hub of the city, there will also be people walking the streets as they attend sporting events or visit their favourite restaurant. Chances are, if you want to live in this area, you’re the type of person that will be out enjoying the best the city has to offer. As for pollution, Vancouver is a very clean place and the streets are kept in a condition befitting a world class city.
Vancouver’s crime rate is in line with the Canadian average which means it’s a safe place to live. If you want a detailed look at crime in the city, the Vancouver Police keep detailed information up to date on their website.
Parents will be happy to know that living in Downtown Vancouver doesn’t mean travelling outside the community for education. Roberts Annex and Elsie Roy Elementary serve the younger students while King George and Lord Roberts secondary schools are there for the older kids. All of the schools are located right within Downtown, so travelling to and from school, whether walking or by bus, is quick and easy.
Transportation into and out of Downtown is extensive. There’s no shortage of options to get anywhere in the city and moving throughout the core is a breeze. The SkyTrain comes right into Downtown and there are plenty of bus stops with express routes to other areas of the city. Translink has a website for trip planning that’s very handy when figuring out how to get from point A to point B.
Raising a family in Downtown Vancouver opens up a world of excitement that few other cities can match. With schools never far away and endless entertainment, Downtown Vancouver is just as much for families as it is for single professionals. Kids living in the downtown core have all the best things that a world class city has to offer right at their doorstep, and parents can feel good knowing they have provided an exceptional quality of life for their family. From elementary school to graduation, Downtown Vancouver has everything families need to create unforgettable memories.