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Land For Sale in Downtown Peninsula, Vancouver

2 Land For Sale in Downtown Peninsula, Vancouver

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Downtown Peninsula 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.
Past 12 months
Past 10 years
Market Price (CAD)
$1,172,200
Difference over last year (%)
1.4

Downtown Peninsula

The neighbourhood of Downtown Peninsula can be found in the city of Vancouver, British Columbia, which is situated in the Metro Vancouver metropolitan area.

Transportation

This part of Vancouver does not require driving because several other means of transportation are accessible. Walking is very practical for property owners in Downtown Peninsula; most daily errands can be run on foot, and countless businesses of different types can be found as well. Cycling is reasonably prevalent in this part of Vancouver as bike-share stations are seldomly more than a short walk away, and there are numerous bike lanes. Owing to a multitude of nearby rapid transit stations on the Canada Line and Expo Line, and around 40 nearby bus lines, Downtown Peninsula is very transit friendly. On the other hand, this neighbourhood is not an especially convenient part of Vancouver for getting around by car as it is a very long car ride to the nearest highway from any location in this area, and coming across a parking spot is not very easy.

Services

It is frequently feasible for home buyers in Downtown Peninsula to buy general and specialty groceries by walking. Over 50 groceries are situated nearby, and the best variety can be found on streets such as Davie Street. There are also a limited number of opportunities for those who value restaurants and cafes in close proximity. With respect to education, families will find that no matter where their house is located in this area, both primary and secondary schools are nearby. In addition to public schools, there are private elementary and secondary schools. In contrast, parents and their children may consider it difficult to get to daycares as a pedestrian.

Character

Home buyers who enjoy a vibrant atmosphere and spending time outdoors will feel at home in Downtown Peninsula. It is especially easy to find bustling streets in this neighbourhood. There are a very large number of people around most of the time, there are many nearby entertainment venues, and places to go out at night are well-spread throughout the area. Granville Street in particular offers a very good selection of bars. It is very easy to reach green spaces from many locations in the neighbourhood, since there are about 30 of them nearby for residents to unwind in and getting to the closest park from the majority of properties for sale is very easy.

Housing

Large apartment buildings are the most common housing type, representing the vast majority of dwellings in Downtown Peninsula, and the remaining properties are mainly small apartment buildings. There is a higher proportion of one bedroom homes in this area. Around 70% of the population of this neighbourhood rent their home and 30% are owners. The homes in this neighbourhood are very new, since roughly one third of its dwellings were constructed after the year 2000, while many of the remaining buildings were constructed pre-1960 and in the 1960s.
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