Vancouver West
Vancouver West
Future
Watch RealTours™ Vancouver West
Vancouver West may not have the street cred of East Van (or the merch), but this area still has plenty to offer Homeseekers looking for an urban lifestyle and community connections.
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The coming SkyTrain line extension will bring extensive changes to Vancouver West.
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RealTours cast member and agent Tita Cool says that “some corridors will allow one tower per block, 18 – 25 storeys, depending on the proximity to the Broadway line. Others will allow six-storey mid-rises along the block, and all R1-1 zoning will see multi-family homes of three to eight units, depending on the lot size. Granville will see a lot of changes coming into town, with a few new applications along that corridor.”
Shaughnessy, too, will be densified. “Shaughnessy’s zoning now will allow for multiplexes to be developed. One of the biggest concerns for multiplexes is being able to fit enough parking for all the units, and the wide lots in Shaughnessy are suited for this,” says RealTours cast member and agent Charles Huang. Though market conditions may ultimately limit what gets built, he says, “Overall, the West Side is going to see lots of densification and housing will be more accessible in the near future.”
Buying in Vancouver West
Top three questions
How would you describe Vancouver West to a potential buyer?
The proximity to everything is incredible. You get the best of all worlds, beaches, restaurants and close to any events that are happening right across the bridge. The walkability score is amazing, and the biking that you can do through the neighbourhood is excellent. There are beautiful tree-lined streets and some gorgeous views from a lot of the West Side. I love being in a neighbourhood that is so close to the airport, and the shopping on West 4th Ave. has been growing over the years. It really is its own personality.
What is your overall impression or opinion of the market in Vancouver West?
It is an interesting market as there are predominantly single-family homes that have been there for many years. A lot of the generational wealth comes from the West Side and over the years it was a hotspot for foreign ownership due to the proximity to all of the amenities and the popular school catchments that it has to offer. Now that there are new zoning changes, I think we will start to see younger families come into some of the neighbourhoods that were harder to get into over the years, due to the price point.
How has the property market in Vancouver West changed over recent years?
I don’t know that the West Side has had many changes over the years. The new zoning changes will create more opportunities for multi-family and higher density, which will have a massive impact in the market here, along with the property types for different buyers.
Quote
06/11/2024
“[Vancouver West’s] proximity to everything is incredible. You get the best of all worlds, beaches, restaurants and close to any events that are happening right across the bridge.
Tita CoolAbode Real Estate Group
Special project
Sen̓áḵw
Sen̓áḵw is a major development being built by the Sḵwx̱wú7mesh (Squamish) Nation on their lands in Vancouver West with Nch'ḵay̓ West, a partnership between Nch'ḵay̓ Development Corporation and Westbank. Located at the foot of the Burrard Bridge, it will be constructed in phases and the final result will feature 6,000 rental homes, with the first phase containing 1,408 units.
In addition to housing, the project will feature amenities such as public spaces, restaurants, shops and more. Plus, a transit interchange will be built on the Burrard Bridge to help facilitate access to the site.
The design of Sen̓áḵw reflects the integration of traditional Indigenous architecture and design with modern materials and spaces. While some homes will be set aside for Indigenous people, the majority will be available for anyone who wishes to live in Sen̓áḵw.
Sen̓áḵw aims to be climate-friendly with the use use of energy-efficient appliances and materials. It will feature a district energy system developed with Creative Energy that uses waste heat from a trunk sewer line to provide heating to the site’s homes.
The first phase of Sen̓áḵw is expected to finish in 2025, and the full project consisting of four phases targets a completion date of 2030.
To find out more about Sen̓áḵw, visit its website.
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