East Van’s burgeoning Hastings neighbourhood made our recent list of the five top neighbourhoods for condo investors. Though the benchmark condo price in this up-and-coming area has shot up 25 per cent from this time last year, more recently the benchmark price has held steady at $345,000 – a steal compared with the $510,600 benchmark condo price recently released for the whole of Greater Vancouver. We also think it’s smart ’hood for detached home purchasers looking for an entry point into the hot market, with beautiful options priced well beneath the Greater Vancouver benchmark of $1,578,300. Coveted water and mountain views, a millennial-infused cool factor, close to downtown and easy access to the highway all make this an area to bet on.
Check out our top five picks for great-value properties currently listed in this changing neighbourhood. Click through the links below to see the full listings and photo galleries of each of these lovely homes.
As these properties are sold, the online listings may no longer be available.
Renfrew Street
$249,000
Studio condominium
477 square feet
Cost per square foot: $522
Five Great Buys in Hastings 1
This studio suite on the corner of Renfrew and Hastings has a courtyard-facing terrace. The quiet unit is just steps from the PNE, and the shops and restaurants along Hastings.
East Hastings Street
$499,900
Two-bedroom, two-bathroom condominium
837 square feet
Cost per square foot: $597
Five Great Buys in Hastings 2
This corner-unit two-bedroom-plus-den in heart of the Hastings neighbourhood is bright and open, with fantastic city views. High ceilings and plenty of windows add to the feeling of spaciousness and the unit is in perfect condition. Included are two parking spots and a large storage locker.
Franklin Street
$1,198,000
Two-bedroom, two-bathroom house
1,347 square feet
Cost per square foot: $889
Five Great Buys in Hastings 3
This charming 1929 home features a great room with a wood-burning fireplace and a garden view from the kitchen. Though the basement is unfinished, it has a powder room, laundry area and separate entrance, making adding a mortgage-helper suite a breeze.
North Kaslo Street
$1,299,900
Three-bedroom, two-bathroom house
1,956 square feet
Cost per square foot: $665
Five Great Buys in Hastings 4
This stunning 1922 character home on a corner lot has recently been landscaped and offers a large patio overlooking the sunny, south-facing yard. Original features, like fir floors, built-in millwork and a wood burning fireplace, are complemented by modern updates, such as the open-concept floorplan, radiant heating and stainless steel appliances. A one-bedroom mortgage helper suite down below has been completely renovated.
McGill Street
$1,388,000
Five-bedroom, three-bathroom house
2,327 square feet
Cost per square foot: $596
Five Great Buys in Hastings 5
This beautifully maintained 1930s character house is home to a sun-drenched backyard and mountain views. This huge family home is move-in ready with a rentable basement suite and a gorgeous back deck, and is located in a great school catchment.
