The Park Royal real estate market has grown steadily over time because it’s desirable. Prices are comparable to those in the greater Vancouver region, making it an appealing option for first-time buyers or those looking for an affordable place to live near the city centre. Park Royal is the perfect place to live because it has so much to offer. To learn more about Park Royal average home prices, keep reading!
Average Home Prices
After Park Royal, West Vancouver has great home prices. Homebuyers in this area have a variety of options and price points. There is a home for everyone, from starter to luxury.
The average Park Royal detached house costs $3,026,267 in 2023.
The size and location of the property can affect this figure. Properties closer to beaches and amenities usually fetch higher prices than those further away. Townhouses start at $1 million and condos at $500,000. Prices may vary depending on whether it’s a new build or an existing home. Newer homes cost more because they have more modern features like energy-efficient appliances and updated designs.
Prospective homeowners should consider their lifestyle when evaluating properties in West Vancouver – proximity to nature trails, parks, schools, shopping malls, restaurants, and other local attractions add value beyond real estate investments alone! Knowing your priorities will help you find your dream home.
Average Townhouse Prices
Park Royal Real Estate, West Vancouver, understands that townhouses are more than investments. It’s a place to call home and make memories with your loved ones. Our experts will help you find the right townhouse.
Townhouses in this area cost $2,524,900 CAD on average in 2023, depending on size and location. Park Royal Real Estate, West Vancouver, finds homes that fit these parameters and meet all your criteria. Whether it’s square footage or bedrooms, we have it all! Our team can also assist you with any paperwork or processes needed to ensure a smooth process.
We know buying a townhouse is a big financial decision. That’s why our experienced staff will work tirelessly to ensure that all aspects of the process meet expectations from start to finish so you can rest assured knowing you’re getting the best deal possible for your new dream home. With us, you’ll get the right townhouse without sacrificing quality. Don’t wait—contact us today to see West Vancouver’s true living!
Condos: Style, amenities, and location affect condo prices.
Average Condo Costs
After discussing townhouse prices in West Vancouver’s Park Royal Real Estate, let’s examine condo prices. First-time buyers and downsizers prefer condos because they are smaller and cheaper than townhouses.
The average cost of a condo in this area is $2,042,939 CAD in 2023. . Prices range from $850k to over $2 million depending on size and location. Condos near downtown amenities cost more.
Do your research when pricing real estate because market conditions and availability can change prices. It pays to shop around and compare properties before making an offer – you may be pleasantly surprised! Now that we’ve looked at townhouse and condo prices, let’s look at nearby neighbourhoods.
Renting VS Buying Real Estate in Park Royal?
When it comes to housing in Park Royal, West Vancouver, BC the majority of people are homeowners at 78.9%, compared to only 21.2% who rent. The median monthly mortgage payments here come up to an impressive $24,800, while the median rental cost is much lower at just $5,200 per month:
- Mortgages
- Median Monthly Payment: $24,800
- Rentals
- Median Monthly Cost: $5,200
How many homes are for sale in Park Royal?
There are 22 homes for sale in Park Royal right now, including 3 detached houses, 17 condos and 2 townhomes.There are 22 homes for sale in Park Royal right now, including 3 detached houses, 17 condos and 2 townhomes.
Right now, Park Royal is an oasis of opportunity for those looking to buy a home – with 22 options in total. From detached houses to cozy townhomes and modern condos, there’s something for everyone:
- Detached Houses:
- 3 available
- Condos:
- 17 available
- Townhomes:
- 2 available
Nearby Neighborhoods
West Vancouver’s Park Royal is surrounded by beautiful neighbourhoods. Whether you’re looking for beautiful parks or bustling shopping centres, there’s something for everyone to discover! Ambleside has a fantastic beach and lots of green space; Dundarave has lovely ocean views and charming restaurants; Caulfeild has some truly magnificent homes; the British Properties offer a tranquil escape from city life; and Cypress Park has lots of outdoor activities like skiing, snowshoeing, and hiking.
Park Royal is a sought-after community in West Vancouver. It’s no wonder so many families choose to live here: there are excellent amenities, top-notch schools, and tons of outdoor activities close by. Where does Park Royal fit in with other West Vancouver neighbourhoods?
How Does Park Royal Compare to Other West Vancouver Neighborhoods?
Park Royal Real Estate welcomes West Vancouver! We know you want more than just a place to live—you want an exclusive neighbourhood that speaks to your sense of belonging and accomplishment. Look no further than Park Royal, one of West Vancouver’s top neighbourhoods!
Park Royal, between Lions Gate Bridge and Stanley Park, has stunning views and walkable streets with shops, restaurants, and entertainment venues. This vibrant community has something for everyone, from beach walks to coffee at one of our popular cafes. Plus, it’s close to downtown Vancouver, so commuting is easy.
Park Royal is distinguished from other neighbourhoods not only by its beautiful scenery but also by its rich history and culture. This beautiful community has become part of West Vancouver’s identity after more than 70 years as a business district and residential area. Park Royal Real Estate can help you find luxury living or an iconic neighbourhood.
Frequently Asked Questions
Are There Any Public Transportation Options Near Park Royal?
Are there any public transportation options near Park Royal? This is an important question for many prospective homebuyers who prefer alternative transportation. According to West Vancouver, 75% of trips are made by walking, cycling, or public transit. With this in mind, Park Royal offers convenient and reliable access to a variety of transportation services.
The area is served by two major bus routes: the #25 Marine Drive Bus Service, which runs from Ambleside Park to Capilano Mall, and the #236 Phibbs Exchange/Park Royal Bus Loop, which links downtown Vancouver to Lonsdale Quay. The SeaBus also runs every 15 minutes during peak hours and every 30 minutes otherwise between Waterfront Station and Lonsdale Quay.
For more privacy, taxis and Uber are available in the neighbourhood. Numerous bike lanes run through the area, making it ideal for cyclists. Many people walk or bike due to nearby green spaces. All these options make getting around Park Royal easy and fun!
Are There Any Good Schools In The Area?
Are there any good schools nearby? For those considering Park Royal Real Estate in West Vancouver, the answer is yes. This coastal city has many excellent public and private schools.
- Sentinel Secondary School
- Collingwood School
- West Bay Elementary School
- Ridgeway Elementary School
With these great options, you’ll be able to find a school that fits your child’s needs perfectly!
Are There Shops Or Amenities In Park Royal?
Park Royal is unique because of its shops and amenities. It’s the ideal location to discover something new, explore, or experience West Vancouver culture. As you stroll through Park Royal, you can’t help but notice all the amazing shops and restaurants around every corner. There are many options for shoppers looking for a memorable retail experience, from clothing boutiques to specialty food markets.
Park Royal’s amenities make it yours. Park Royal has everything you need within walking distance, from cafes to shopping centres like The Village Shops and Grocery Stores. Plus, if you’re looking for entertainment after dark, why not check out a Movie Theater or Live Music Venue? There’s something here for everyone!
Park Royal offers more than convenience; it’s a community that feels like home no matter where you’re from. With such a vibrant atmosphere and endless opportunities to explore, it’s no wonder why people love living in this area of town!
Are There Any Parks Or Outdoor Activities Near Park Royal?
Are there any parks or outdoor activities near Park Royal? Absolutely! West Vancouver has some of Canada’s most beautiful parks. From Lighthouse Park’s breathtaking views of Howe Sound to Whytecliff Park’s swimming and kayaking, there are many ways to enjoy nature nearby.
Here’s a delightful roster of outdoor spaces near Park Royal, West Vancouver BC to explore:
- Ambleside Park: A picturesque spot with lush green fields and stunning views of the ocean.
- Dundarave Beach: A cozy beachfront area offering breathtaking sunsets and plenty of opportunities for recreation.
- Whytecliff Park: An idyllic haven filled with natural beauty and remarkable wildlife.
If you’re looking for something more active, check out the many nearby hiking trails. If you enjoy skiing or snowboarding, Mount Seymour Provincial Park offers stunning views of Deep Cove and Cypress Mountain. Capilano River Regional Park, with its lush rainforest and suspension bridge, is an adventure park waiting to be explored! Ambleside Beach is great for beach volleyball and relaxing strolls along the shoreline.
Park Royal has natural beauty and endless fun and recreation! Residents of this lively neighbourhood will feel connected to their surroundings while living life to the fullest with so much to do nearby.
Buy And Sell With Us!
Park Royal is a great place to live. It’s ideal for families seeking peace. There are many public transportation options nearby, so you don’t have to worry about getting around. The local schools are excellent, providing students with an excellent education. Park Royal has many shops and amenities. Finally, if you’re looking for parks or outdoor activities, this neighbourhood has them! It’s like a city oasis, as peaceful as a summer lake.
Living in Park Royal means convenience and peace when you need it. Whether you’re running errands or relaxing, everything you need is here. Park Royal is one of West Vancouver’s best neighbourhoods, with great schools and lots of green space.
If you’re looking to buy in West Vancouver, look no further than Park Royal real estate, where safety and comfort meet modern living. You’ll love living here!
