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Multi Family Homes For Sale in Riley Park, Vancouver

4 Multi Family Homes for Sale in Riley Park, Vancouver

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Riley Park 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

Riley Park

Riley Park is a neighbourhood within Vancouver, British Columbia, which is situated in the Metro Vancouver metropolitan area.

Transportation

Riley Park is a very good part of Vancouver for environmentally friendly transportation options. This area is especially suitable for walking; most daily needs can be met on foot, and many businesses are nearby. Cycling is very embraced in Riley Park because there is usually a bike-share station in proximity, and there are a fair number of bike lanes. The good public transit access allows people to get to many destinations without needing a car. For instance, the closest rapid transit station, including Oakridge-41st Avenue Station @ Platform 1, Oakridge-41st Avenue Station @ Platform 2 and King Edward Station @ Platform 1 on the Canada Line, is usually within walking distance from most residences in the neighbourhood. The neighbourhood is linked by approximately 10 bus lines, and bus stops are not very far-removed from most properties. In contrast, driving is a rather poor transportation option in this neighbourhood as almost none of the street network is conducive to driving, and finding a place to park is not very easy.

Services

It is often an option for home buyers in this area to shop for general and specialty groceries on foot. Likewise, a restaurant is commonly just around the corner, and there are also a few cafes in this part of the city. With regards to education, families will appreciate that wherever their house is located in Riley Park, daycares and schools are close by. Parents have the choice between public and private elementary schools.

Character

Riley Park has a character that appeals to a fairly diverse group of people. Riley Park is quiet, as there isn't a lot of street noise or city clamour. It is very easy to access public green spaces from most locations in the neighbourhood since there are a few of them nearby for residents to relax in. Lastly, in general, this area has numerous streets for those looking for a dynamic vibe. Although the nightlife is limited, there are many people around most of the time.

Housing

In Riley Park, around one third of dwellings are duplexes, while the remainder are mainly small apartment buildings and single detached homes. This neighbourhood is primarily composed of four or more bedroom and two bedroom homes. Homeowners occupy roughly 55% of the properties in the neighbourhood and the remainder are rented. Around one third of properties in this area were constructed pre-1960, while most of the remaining buildings were built in the 1960s and the 1990s.
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