LAST UPDATED: February 8, 2019
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Search Commercial Drive Real Estate in Metro Vancouver for sale. Vancouver BC Real Estate. 76 Listings found, Average List Price: $1,441,931, Highest: $3,980,000, Lowest: $399,900.
Refine your Real Estate Search by price, bedroom, or type.
Average Property Tax: 2983.01, Average Square Foot: 1353.118, Average Days On Market: 56, Average Year Built: 1999.
If you are thinking of investing in Vancouver’s real estate market, you may want to consider Commercial Drive. The drive along West Broadway is considered one of the best neighbourhoods in all of Canada when it comes to commercial real estate opportunities. Unlike many other areas in the city of Vancouver, Commercial Drive offers a high-end lifestyle with big brick single store front retail establishments. The area is currently divided into three major parcels that are home to various businesses including an immense hotel chain. In addition, homes are abundant along this section of the Downtown Vancouver skyline.
Commercial Drive Condos are strategically located in the heart of the city of Vancouver. This means that there are numerous business opportunities and attractive residential areas to choose from. There are also some large parks that provide recreational options such as baseball diamonds, skating rinks, parks, as well as water playgrounds and other in-ground facilities for the enjoyment of the residents. The abundance of businesses and lively residential areas make this neighborhood a great place to be.
When it comes to real estate for commercial purposes, the first thing that comes to mind is the high-end stores. However, as Commercial Drive matures, more family-oriented businesses have begun to set up shop in this neighborhood. These include baby stores, coffee shops, clothing boutiques, and fast food restaurants. It is no surprise that these types of businesses are thriving in this area of the city of Vancouver. Coupled with the high-end stores, however, come some of the most competitive prices in the city of Vancouver. These factors have made Commercial Drive real estate one of the most popular locations to purchase a house and a condominium in the city of Vancouver.
Those who are looking to purchase homes and buy condominiums should take a close look at Commercial Drive. While many other neighborhoods have suffered from the economic downturn experienced in recent years, this particular area of the city of Vancouver has seen a notable recovery. There are now a number of houses for sale and some of them are being sold at bargain prices. With this said, the competition among real estate agents and sellers has increased and the chances of buying a property at a low price are now greater.
If you are one of those looking to buy a home or condominium for investment purposes, then it might be time to check out some of the properties available in the likes of Commercial Drive. Unlike many other cities in Canada, this area of the city of Vancouver does not have a very high demand for real estate. In fact, it has actually experienced a drop in sales during the recession and housing bubble but things have rebounded in a big way since the recessionary phase. The result is an increase in the supply and demand, which have driven down the prices of real estate for all the concerned individuals and businesses.
In spite of the fact that there are not many good houses for sale in this particular section of the city of Vancouver, there are still a lot of houses available which are being put up for sale by individuals who are looking to relocate to this area permanently. As a result, you should find something affordable to purchase if you are planning on making this investment. Be sure to check out Commercial Drive in detail prior to making any decision as it is definitely worth checking out!
When choosing where to buy a home, consider a few things. The neighborhood and types of amenities available nearby, such as shops (shopping), restaurants, and bars. Commercial Drive would be a good start if you love this lifestyle. You’re lucky to get a golf course or a park nearby for fresh air and nature. It’s important to look at the building amenities. Many newly build complexes have social rooms. It is important to have curb appeal. Sometimes a skylight brings a lot of light.
The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board, and Richard Morrison, which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent.
