Downtown, Vancouver, BC

Most Expensive Neighbourhood 

Property Type:

Year:

Average property price $1,011,104

19th

out of 23

Fastest Growing Neighbourhood 

Property Type:

Year:

3.71% increase year over year

22nd

out of 23

Neighbourhood with Most Transactions 

Property Type:

Year:

1681 transactions in 2022

1st

out of 23

Most Expensive Neighbourhood 

Property Type:

Year:

Average property price $1,011,104

19th

out of 23

Fastest Growing Neighbourhood 

Property Type:

Year:

3.71% increase year over year

22nd

out of 23

Neighbourhood with Most Transactions 

Property Type:

Year:

1681 transactions in 2022

1st

out of 23

Real Estate 
in Downtown

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Recently Sold Properties 
in Downtown

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DowntownVancouverBC

1

Bed

1

Bath

750

Sqft


Sold Price
$711,100
Nov 2022
HonestDoor Price
$722,100
Nov 2022

2

Bed

2

Bath

1,200

Sqft


Sold Price
$839,600
Nov 2022
HonestDoor Price
$871,200
Nov 2022

1

Bath

500

Sqft


Sold Price
$542,500
Nov 2022
HonestDoor Price
$563,100
Nov 2022

1

Bed

1

Bath

650

Sqft


Sold Price
$689,700
Nov 2022
HonestDoor Price
$752,100
Nov 2022

1

Bed

1

Bath

550

Sqft


Sold Price
$489,200
Nov 2022
HonestDoor Price
$494,000
Nov 2022

1

Bed

1

Bath

550

Sqft


Sold Price
$639,300
Nov 2022
HonestDoor Price
$645,000
Nov 2022

1

Bed

1

Bath

650

Sqft


Sold Price
$578,500
Nov 2022
HonestDoor Price
$558,700
Nov 2022

2

Bed

2

Bath

1,200

Sqft


Sold Price
$1.87M
Nov 2022
HonestDoor Price
$1.9M
Nov 2022

1

Bed

1

Bath

700

Sqft


Sold Price
$687,300
Nov 2022
HonestDoor Price
$679,600
Nov 2022

1

Bed

1

Bath

650

Sqft


Sold Price
$679,000
Nov 2022
HonestDoor Price
$690,300
Nov 2022

2

Bed

2

Bath

850

Sqft


Sold Price
$811,000
Nov 2022
HonestDoor Price
$819,700
Nov 2022

1

Bed

1

Bath

500

Sqft


Sold Price
$524,200
Nov 2022
HonestDoor Price
$511,000
Nov 2022

Recent Permits 
in Downtown

See More Permits in DowntownSee More

Commercial



Applied Date

N/A

Issued Date

Oct 14, 2022

Work Type

Addition / Alteration

Job Category

General Office

Est. Project Cost

$10,000

Total Square Footage

N/A


Job Description
Field Review - Addition / Alteration - #350 - 3rd floor Interior alterations to provide tenant improvements to an existing office on the 3rd floor (#350) in this existing commercial building on site. Scope of work: construct new partition wall and finishes to storage room and entry/reception. TENANT: Odyssey Trust Company Architectural Schedule B submitted by Danny K. Kai Wong, Architect, AIBC. ph #604-773-2068 E2 - Lighting - Upgrade to Local Control (per 9.4.1.1.(a) of ASHRAE 90.1-2016)\t\t \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t Energy checklist is currently no longer required with your Building Permit (BP) application. Some supporting documents are still required at BP stage, specifically Envelope and HVAC, if applicable. Service Water Heating and Lighting supporting documents, if applicable, must be submitted with your related trades permits (e.g. electrical and plumbing). All energy upgrades will be checked during inspections stage. It is the applicant's responsibility to identify and note all required upgrades including energy upgrades on their BP drawings at BP stage.

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Commercial



Applied Date

N/A

Issued Date

Oct 14, 2022

Work Type

Addition / Alteration

Job Category

General Office

Est. Project Cost

$2.27M

Total Square Footage

N/A


Job Description
Certified Professional Program - Addition / Alteration - Interior alteration to the 24 floor shell space (1st TI) of this existing 31 storey mixed use building for a new office (D) tenant. to be reviewed under the 2019 VBBL. Stage one - full construction - accepted Oct.14/22 Erv

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Commercial



Applied Date

N/A

Issued Date

Oct 14, 2022

Work Type

Addition / Alteration

Job Category

General Office

Est. Project Cost

$4M

Total Square Footage

N/A


Job Description
Field Review - Addition / Alteration - #800 - 8th Floor (full floor) Interior alterations to provide tenant improvement for a new office tenant on the 8th floor (#800) of this existing commercial building on this site. Scope of work: Demolish existing partition walls, doors, t-bar ceiling. Construct new partition for new offices, meeting rooms, staff room. New millwork, finishing, HVAC, electrical, sprinkler and plumbing work to suit. TENANT: Marsh McLennan Letters of Assurance submitted: Schedule A by Michael McNaught, AIBC, 604.724.7602 Electrical Schedule B by Jose Lopez, P.Eng., 604.687.1800 Plumbing/Mechanical Schedule B by Eric Cresswell, P.Eng., 604.684.5995 OK for Field Review per W. Wong August 29, 2022 Building Sprinklered – Separate sprinkler permit required for proposed sprinkler work. E2 - Lighting - Upgrade to Local Control (per 9.4.1.1.(a) of ASHRAE 90.1-2016)\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t Energy checklist is currently no longer required with your Building Permit (BP) application. Some supporting documents are still required at BP stage, specifically Envelope and HVAC, if applicable. Service Water Heating and Lighting supporting documents, if applicable, must be submitted with your related trades permits (e.g. electrical and plumbing). All energy upgrades will be checked during inspections stage. It is the applicant’s responsibility to identify and note all required upgrades including energy upgrades on their BP drawings at BP stage.

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Condo


HonestDoor Price
$739,700
Nov 2022

Applied Date

N/A

Issued Date

Oct 13, 2022

Work Type

Addition / Alteration

Job Category

Multiple Dwelling

Est. Project Cost

$15,000

Total Square Footage

N/A


Job Description
Field Review - Addition / Alteration - Interior alterations to provide tenant improvements to suite #2204 on the 22nd floor of the existing mixed-use building on this site Scope of work: Bathroom update including removal and install of plumbing fixtures, tile, flooring & finishes, and to change tub to shower. OK for field review as per Nehzat J. on Sep 22, 2022. Energy upgrade: E2 - SWH - Install low flow shower heads in all showers

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Commercial



Applied Date

N/A

Issued Date

Oct 13, 2022

Work Type

Addition / Alteration

Job Category

Multiple Dwelling,Restaurant - Class 1

Est. Project Cost

$200,000

Total Square Footage

N/A


Job Description
Field Review - Addition / Alteration - Interior alterations to the existing Restaurant - Class 1 on the 9th floor for the existing hotel use (Vintage Park Executive Hotel) on this site. Scope of work: new drink station/bar, adjusted seating plan. OK for field review per D.Langevin Aug 2nd, 2022 Letters of Assurance rec'd: Schedules A & B - Architecture submitted as per Nicholas Wassbluth - 604.612.5095 Schedule B - Electrical submitted as per Mohammad Ali Rahimpoor - 604.734.9338 Schedule B - Mechanical & Plumbing submitted as per Chien Ming Ivan Fu - 604.734.9338 Energy Upgrade - E2 - Lighting - Upgrade to incorporate Scheduled Shutoff (per 9.4.1.1.(i) of ASHRAE 90.1-2016) Note: Energy checklist is currently no longer required with your Building Permit (BP) application. Some supporting documents are still required at BP stage, specifically Envelope and HVAC, if applicable. Service Water Heating and Lighting supporting documents, if applicable, must be submitted with your related trades permits (e.g. electrical and plumbing). All energy upgrades will be checked during inspections stage. It is the applicant’s responsibility to identify and note all required upgrades including energy upgrades on their BP drawings at BP stage.

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Commercial



Applied Date

N/A

Issued Date

Oct 13, 2022

Work Type

Addition / Alteration

Job Category

Restaurant - Class 1

Est. Project Cost

$100,000

Total Square Footage

N/A


Job Description
High Density Housing / Commercial - Addition / Alteration - Exterior alterations to add an exterior door and to install of an outdoor patio for this existing Restaurant (A2) Class-1 use (Giovane Bacaro), in this Fairmont Pacific Rim Hotel site ******THIS PERMIT HAS BEEN REVIEWED UNDER THE REQUIREMENTS OF VBBL 2019******** Building permit for DP-2022-00159 Total Occupant load = Max 169 persons (147 (seating area) + 8 (Kitchen and bar) + 14(outdoor patio)) Building Review Branch Notes: Permanent sign with the occupant loads of the inside and patio must be located in a conspicuous location.

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Condo


HonestDoor Price
$7.03M
Nov 2022

Applied Date

N/A

Issued Date

Oct 13, 2022

Work Type

Addition / Alteration

Job Category

Multiple Dwelling

Est. Project Cost

$60,000

Total Square Footage

N/A


Job Description
Field Review - Addition / Alteration - To install two security gates with fences for this municipally designated heritage building. Architectural Schedule B provided by Wan Qi

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Commercial



Applied Date

N/A

Issued Date

Oct 12, 2022

Work Type

Addition / Alteration

Job Category

General Office

Est. Project Cost

$40,000

Total Square Footage

N/A


Job Description
Field Review - Addition / Alteration - #300 - 3rd Floor Interior alterations to remove all non loadbearing partitions and finishes on the 3rd floor (#300) to return to office shell space for a future tenant in this existing commercial building. Scope of Work: Interior demolition of all partition walls, doors, glazing, millwork, floor finishes and electrical work. TENANT: Mansa Holdings Ltd Separate permit(s) and ASHRAE checklist will be required for future tenant improvements. NOTE: DBI to determine if a sprinkler special inspection is required. Energy upgrade exempt: Interior demolition only

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Commercial



Applied Date

N/A

Issued Date

Oct 12, 2022

Work Type

Addition / Alteration

Job Category

Multiple Dwelling

Est. Project Cost

$9,000

Total Square Footage

N/A


Job Description
Field Review - Addition / Alteration - Interior alterations to provide tenant improvements to this existing P7 level of this existing parking garage in this Municipally Designated Vancouver Heritage 'B' mixed-use building. Scope of work to include: Build new Bulk storage area on the P7 level, with 11 storage lockers. Ok For Field Review as per Kirat Kang - September 9, 2022

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Parking Lot



Applied Date

N/A

Issued Date

Oct 12, 2022

Work Type

Addition / Alteration

Job Category

General Office

Est. Project Cost

$4,500

Total Square Footage

N/A


Job Description
Field Review - Addition / Alteration - 11th and 12th floor To alter the interior of this existing commercial tower building to change the current 11th floor base building crossover floor designation and move it to the 12th floor (new crossover floor designation). (Current crossover floors are 8th, 11th and 16th. Proposed crossover floors are 8th, 12th and 16th) Okay For Field Review by A. Patterson May 24, 2022. Advised applicant to update the existing Fire Safety Plan Architectural Schedule B - Ron Brewer 604-295-2405 (Code Consultant)

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Commercial



Applied Date

N/A

Issued Date

Oct 12, 2022

Work Type

Addition / Alteration

Job Category

General Office

Est. Project Cost

$250,000

Total Square Footage

N/A


Job Description
Field Review - Addition / Alteration - #200 - 2nd Floor Interior alterations to provide tenant improvement for a new office tenant on the 2nd floor (#200) at this existing Municipally Designated Heritage B commercial building on this site. Scope of Work: Construct partition walls for new offices and boardroom, new door, flooring, kitchenette, electrical and sprinkler work. TENANT: Edgar Moore Lyster LLP Building Sprinklered – Separate sprinkler permit required for proposed sprinkler work. E2 - Upgrade to Incorporate Automatic Partial OFF (per 9.4.1.1 (g) of ASHRAE 90.1-2016) Energy checklist is currently no longer required with your Building Permit (BP) application. Some supporting documents are still required at BP stage, specifically Envelope and HVAC, if applicable. Service Water Heating and Lighting supporting documents, if applicable, must be submitted with your related trades permits (e.g. electrical and plumbing). All energy upgrades will be checked during inspections stage. It is the applicant’s responsibility to identify and note all required upgrades including energy upgrades on their BP drawings at BP stage.

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Commercial



Applied Date

N/A

Issued Date

Oct 12, 2022

Work Type

Addition / Alteration

Job Category

General Office

Est. Project Cost

$4.3M

Total Square Footage

N/A


Job Description
Field Review - Addition / Alteration - 18th Floor - (Full Floor Tenant - BC Hydro) Interior alterations to provide tenant improvements for the existing office tenant on the 18th floor in this existing commercial building on this site. Scope of work: Demolish partition walls, remove ramps, handrails, raised floors, existing millwork, lobby finishes and ceiling. Remove existing fixtures/finishes in existing washrooms. Construct new walls for new office layout, new flooring and new glass support and ramp, HVAC, interior seismic upgrades, electrical, plumbing and sprinkler work. Letters of Assurance submitted: Schedule A by Branislav Cvijetinovic, Architect, AIBC., 236.330.3390 Architectural Schedule B by Glenn Roethlingshoefer, Architect, AIBC., 604.631.4544 Structural Schedule B by Aidin Yazdani Zonouz, P.Eng., 604.662.3555 Electrical Schedule B by Paul Singh, P.Eng., 604.662.3555 Plumbing/Mechanical Schedule B by M.T. Parsons, P.Eng., 403.210.3568 Building Sprinklered – Separate sprinkler permit required for proposed sprinkler work. E2 - Lighting - Upgrade to Local Control (per 9.4.1.1.(a) of ASHRAE 90.1-2016)\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t Energy checklist is currently no longer required with your Building Permit (BP) application. Some supporting documents are still required at BP stage, specifically Envelope and HVAC, if applicable. Service Water Heating and Lighting supporting documents, if applicable, must be submitted with your related trades permits (e.g. electrical and plumbing). All energy upgrades will be checked during inspections stage. It is the applicant’s responsibility to identify and note all required upgrades including energy upgrades on their BP drawings at BP stage.

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Stats 
in Downtown

Average HonestDoor Price

Current Month

$3,353,067

Down 73.92% from Previous Month

Average Rental Estimate

Current Month

$6,850

Sold Price per Square Foot

Current Month

$895 / sqft

Stats 
in Downtown

Average HonestDoor Price

Current Month

$3,353,067

Down 73.92% from Previous Month

Average Rental Estimate

Current Month

$6,850

Sold Price per Square Foot

Current Month

$895 / sqft

Neighbourhoods in Vancouver

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REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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