East Vs. West #1: What the Benchmark Condo Price Will Buy You


With the benchmark price of a Greater Vancouver condo now at $454,600, we took a look at current listings to see what you can get for that in East Van versus the West Side 

East vs West 1 Condos around $450K main image

As the real estate landscape in Vancouver shifts and more people move farther east in search of affordable homes, we want to see how the east and west really stack up. Using the Real Estate Board of Greater Vancouver's current Lower Mainland condo benchmark price of $454,600(see our handy infographic breaking down all the numbers) we’ve compared units in three popular East Vancouver neighbourhoods to their counterparts in three desirable West Side locations.

Our findings? While you may find a little more space and newer buildings on the East Side, prices weren’t that far apart. Stay tuned for the next part in our series where we look at townhomes.

Click through the links to find more details on each property. As the properties are sold, the listings may no longer be available.

Fraser, East Vancouver

$429,000

One-bedroom, one-bathroom condo

706 Square feet

Price per square foot: $607

Year built: 2011

East vs West 1_Fraser

This one-bedroom condo has a large office, perfect for working from home or converting into a nursery.  The bright and sunny penthouse suite, with mountain and courtyard views, features a huge walk-in California Closet, 160-square foot deck and high-end finishes throughout. Steps away from popular cafes.

Main, East Vancouver

$439,900

One-bedroom, one-bathroom condo

621 Square feet

Price per square foot: $708

Year built: 2011

East vs West 1_Main

This one-bedroom and den has stunning panoramic views of the mountains and Queen Elizabeth Park. Spacious and bright, the unit has heated bathroom floors, retractable screens, designer lighting throughout, and a high-end kitchen. Close to popular Main Street shops, restaurants, community centre and transit.

Hastings, East Vancouver

$449,000

Two-bedroom, one-bathroom condo

736 Square feet

Price per square foot: $610

Year built: 2012

East vs West 1_Hastings

Steps from Commercial Drive, this modern two-bedroom corner suite has a practical, open layout and floor to ceiling windows, laminate floors, stainless steel appliances, quartz counter tops, custom roller blinds and in-suite storage. The east facing balcony is bright and sunny. The boutique building’s fantastic rooftop deck has incredible views. One parking spot is included; pets and rentals welcome.

UBC, West Side, Vancouver

$428,000

One-bedroom, one-bathroom condo

715 Square feet

Price per square foot: $599

Year built: 1993

East vs West 1_UBC

About as far west as someone can live in Vancouver is this lovely garden apartment. The huge patio is surrounded by an expansive lawn and garden, with a high privacy hedge. The unit has a spacious living room, large kitchen and gas fireplace, while the building features a fitness centre, hot tub, two guest suites and a resident manager.

Kitsilano, West Side Vancouver

$439,000

0-bedroom, one-bathroom studio condo

464 Square feet

Price per square foot: $946

Year built: 2014

East vs West 1_Kits

This penthouse suite in an almost-new boutique building boasts North Shore and city views, as well as nine-foot ceilings, wide-plank engineered hardwood flooring, high-end appliances and a fully stone-clad bathroom. Located right on 4th Avenue, in the heart of Kits close to shops, restaurants, transit and the beach. One parking spot is included.

Southlands, West Side Vancouver

$449,900

One-bedroom, one-bathroom condo

705 Square feet

Price per square foot: $638

Year built: 2001

East vs West 1_Dunbar

The smartly designed and spacious condo features one-bedroom and two dens. The unit has an open kitchen, extra pantry and new white oak flooring throughout. One parking spot and a storage locker are included in this condo. This rainscreened building is close to desirable schools, UBC, and Dunbar and Kerrisdale shopping areas. 

- See more at: http://www.rew.ca/news/east-vs-west-1-what-the-benchmark-condo-price-will-buy-you-1.2219474#sthash.zqjfICUL.dpuf