4 Vancouver Neighbourhoods With Affordable Condos

Posted by Robin Bardon on Friday, August 24th, 2018 at 3:10pm.

Affordable Condos in Vancouver

It's no secret that affordability of Vancouver real estate is a frequent topic of conversation these days. The market is especially hot with condos averaging in the high $600,000s, but this hasn't affected the high volume of properties available in Vancouver.

While high-rise condos are extremely popular, a little exploration will reveal a series of low-rise and boutique condos, older apartment-style condos, and row homes available in Vancouver as well. These properties often feature ideal building amenities, adding to the value and convenience of each condo for its residents.

Beyond the variety of buildings, Vancouver is home to all kinds of diverse neighbourhoods to choose from, and it's still very possible to find pockets of more affordable Vancouver condo options.

You can find some relatively affordable condos for sale in Vancouver, particularly East Vancouver. It might take a little extra digging, but we can help you with your search by providing you our list of 4 Vancouver neighbourhoods with affordable condos.

If you'd prefer to have a condo in your price range find you instead, sign up for our free home finder service and choose the types of homes that you want to receive notifications about—you can customize your preferred neighbourhood, price, number of beds and baths, and square footage. Then, we'll send you an email as soon as a home that meets your needs hits the market.

Mount Pleasant

Areas like Mount Pleasant and the nearby Fraser Street community offer an incredibly wide price range of real estate, with condos on the lower end priced at about $300,000.

For those more suited to quiet evenings, Mt. Pleasant Park is ideal. This area is very residential, complete with gorgeous tree-lined streets, a neighbourly attitude, and abundant green space.

Picturesque views from Mount Pleasant real estate reveal False Creek, Vancouver Harbour, Downtown, the North Shore Mountains, English Bay, and Burrard Inlet.

Residents of this area can also enjoy easy access to shopping, recreational activities, and points of interest like Science World.

Killarney

Situated in the southeastern corner of Vancouver, Killarney is home to many available condos starting at around $400,000.

The Killarney area is extremely attractive to young families, located within walking distance of several schools, parks, shops, and restaurants. Killarney's ample greenspace makes it a standout amidst other areas of metro Vancouver, and an ideal neighbourhood for an active lifestyle.

Condos in Killarney are normally quite sizable with brand new amenities or high quality renovations included. If you're looking for a more afforable home in a quiet yet central area, first time homebuyers and investors would be remiss not to check out the Killarney neighbourhood.

Grandview

The Grandview-Woodland area of East Vancouver features condos for sale at around $400,000 or more, making it ideal for first-time homebuyers or anyone seeking a downsize.

This neighbourhood has a variety of distinguished older homes available, while others are much more contemporary. Grandview has its own parks to explore, as well as the unique highlights of historic Commercial Drive.

Despite their convenient location near numerous shopping and dining opportunities, Grandview-Woodland's properties are extraordinarily private. Condos in this area are often over 1,000 square feet or more, with many including amenities like storage lockers and private courtyards in their complexes.

Knight

Knight Street is a neighbourhood of rich history, an eclectic mix of new and older homes, and spectacular views of Downtown Vancouver and the North Shore mountains.

In the centre of the area lies King Edward Village, a new highrise development of condos and commercial space, within walking distance of grocery shopping, schools, and plenty of unique dining opportunities.

Single professionals and young couples are flocking to the Knight Street area, where it's common to find substantial single-bedroom units at around $500,000 and two-bedrooms from $700,000. Perhaps a bit pricier than the others mentioned in this list, but can be well worth it for the distinct location.

Most condos in the Knight area feature balconies and in-suite laundry, in addition to many other excellent amenities, and they're just a short drive or transit from Downtown Vancouver, Burnaby, Richmond, and the North Shore.

If you'd like speak with a professional REALTOR® about your search for a great condo in Vancouver, or any other type of home, you should connect with Robin Bardon at Oakwyn Realty. He has the experience, knowledge, and dedication to find the right home for you.

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