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New Listings in Downtown Eastside, Vancouver

New Listings in Downtown Eastside, Vancouver

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Downtown Eastside Market

Use our home price trends to better gauge local market conditions and plan your next move. The graphs below show benchmark or average prices of homes sold in the area. Data generated by MLS® Systems and the MLS® Home Price Index (HPI) — Canada’s most advanced tool to gauge local home price levels and trends.
Year over year
Past 10 years
Market Price (CAD)
$861,300
Difference over last year (%)
-7.1

Downtown Eastside

Part of the Metro Vancouver metropolitan area, Downtown Eastside is a neighbourhood within Vancouver, British Columbia.

Transportation

Downtown Eastside is a great neighbourhood for car-free transportation options. The transit system in Downtown Eastside is excellent by reason of a multitude of nearby rapid transit stations with access to the Expo Line, and around 20 nearby bus lines. Traveling as a pedestrian is also very practical for property owners in Downtown Eastside; carrying out daily needs is very convenient without a car, and a large number of businesses of different types can be found as well. Active people will enjoy the very bicycling-friendly nature of Downtown Eastside. More specifically, the cycling network is moderately comprehensive, and there is usually a bike-share station nearby.

Services

A general and a specialty grocery store is always only a very short trip away in this neighbourhood. In addition, with over 150 restaurants and around 20 coffee shops, Downtown Eastside is an excellent place in which to go out to eat. Residents benefit from countless clothing stores within walking distance. With respect to education, daycares and schools are convenient to get to as a pedestrian from anywhere in this neighbourhood.

Character

Downtown Eastside is a great area for home buyers who enjoy both indoor and outdoor activities. There are a large number of things to do in this part of the city for those looking for a dynamic vibe. The streets are almost always busy with people, there is a wide selection of entertainment venues, and it is very easy to find bars since they are well-distributed throughout the area. It is easy to reach parks from most locations in the neighbourhood since there are around 30 of them close by for residents to explore.

Housing

Many dwellings are large apartment buildings, making it easy to find apartments in Downtown Eastside, and the remaining properties are mainly small apartment buildings. This neighbourhood is primarily composed of lofts and one bedroom homes. Renters occupy around 85% of the dwellings in Downtown Eastside and 15% are occupied by owners. About one quarter of homes in this area were constructed following the year 2000, while the majority of the remaining buildings were built pre-1960 and in the 1960s.

Summary

Downtown Eastside in Vancouver offers excellent accessibility for residents, with a strong public transit infrastructure and walkability. Grocery stores, restaurants, and clothing stores are all nearby, making daily errands convenient. The neighborhood has a vibrant atmosphere with plenty of entertainment venues and green spaces to explore. Housing options mainly consist of small and large apartment buildings, with a recent construction boom providing modern properties. The majority of residents rent their homes, and the area is well-suited for individuals who enjoy the bustling city life and convenient amenities within walking distance.