LAST UPDATED: February 8, 2019
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Vancouver is one of the most beautiful cities in British Columbia. Its neighborhoods offer some of the most beautiful views of the mountain peaks, huge green areas, parks, sandy beaches, and some of them kept their unique design and architecture. Being such a big city, most of the property types you will find will be residential houses and detached dwellings. We can separate Vancouver into two distinct areas: East Vancouver and West Vancouver.
Vancouver city as a whole is a very expensive place, but there are quite a few neighborhoods that are more accessible. The average price for a single-family house usually starts from at least $3 million, while there are some areas where it can start at even $4 or $5 million. The district real estate board is the best place where most people are looking for properties since they are all listed there per neighborhood.
Vancouver East Townhouses for sale
East Vancouver area is the place where you can find a bit cheaper properties. The living cost is actually the same as the whole Vancouver area, only the buying price of the properties can be lower. Still, all the taxes, costs, and monthly fees are quite similar. Most of the houses in East Vancouver feature a huge total surface area, a big green frond and back yard, at least one big master bedroom, a huge living space with kitchen, dining area, premium flooring, appliances, and furniture. Vancouver is well known for its residential houses that were left as an inheritance for descendants of wealthy families
Besides the single-family houses and the residential properties, there are quite a few condos, apartments, and townhouses you can find in East Vancouver. Condos are the cheapest type of property to buy and they also offer some of the greatest services for their price. Vancouver East townhouses are also a great option for the newcomers since their prices are not as high as a single-family house or a residential one and it is quite easy to find a decent one.
People that are looking to buy a property in Vancouver East tend to buy condos and townhouses mostly since their price is the biggest advantage. A townhouse is also easier to maintain and the taxes and monthly maintenance costs are lower than a huge single-family house. Looking at the townhouses listed for sale in East Vancouver, there are about 92 townhouses currently available.
East Vancouver Quality of Life
If you’re going to buy a property in the East Vancouver area, you should know a few things about the quality of life there. East Vancouver is a quiet area, suited for families and the real estate prices are more friendly with your money. Access to schools, restaurants, drink establishments, and other related facilities is a bit harder for East Vancouver residents, but it can be easily reached by driving.
If you and your family are looking for a cozy and quiet place, East Vancouver is a great option. For the price of the property, you will also get huge green space areas and access to parks and views of the peak of the mountains.
East Vancouver Townhouse for sale District real estate board
The usual average price for townhouses on the East side of Vancouver is around $1 million. For sure, buying a townhouse in East Vancouver can save you a lot of money, but the maintenance costs and taxes are the same all around Vancouver.
A townhouse for sale in East Vancouver will differ greatly in price, looks, and features, based on the neighborhood. Some of the most popular neighborhoods in East Vancouver are Grandview-Woodland, Hastings-Sunrise, Kensignton-Cedar Cottage, Killarney, Renfrew-Collingwood, Strathcona, Victoria-Fraserview, or Mount Pleasant among others.
Purchasing Real Estate – Good Price-value Ratio Examples for Townhouses in East Vancouver
Overall, buying a townhouse in East Vancouver can be a really good idea, instead of wasting another $2 or even $3 million for a house a little bit bigger than a townhouse with the same quality and materials used. For a single-family, the townhouse represents a brilliant idea.
Most of the townhouses in the area are built in 2021, so the taxes for the first year are $0 and the maintenance fees are low since they have premium heating and cooling systems. The price of a condo would probably be around $700.000, but you get half of the space you get in a townhouse and for a central one it’s going to cost even more.
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.
