Vancouver’s West Side Is The Most Expensive Neighbourhood in Canada | Jovi Realty
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News | 10-23-17

Vancouver’s West Side Is The Most Expensive Neighbourhood in Canada

Author Ray Wang

Vancouver’s westside and downtown are Canada’s priciest neighbourhoods (Vancouver houses and apartments) in terms of price-per-square foot (PPSF), according to a Century 21’s recent study.

The study states that the average PPSF for a home in Vancouver West Side is $1,210 and the PPSF for a home in downtown and West Vancouver is $962.75 and $816.61, respectively.

The third most expensive neighbourhood is Toronto downtown at $818.86 PPSF.

According to the study, seven of the country’s top 10 most expensive areas are located in the Lower Mainland.

The 10 most expensive neighbourhoods in Canada are:

  • Vancouver’s west side ($1,201 per square foot);
  • Vancouver downtown ($962.75 per square foot);
  • Toronto downtown ($818.86 per square foot);
  • West Vancouver ($816.61 per square foot);
  • Vancouver’s east side ($718.75 per square foot);
  • Oakville, Ontario ($627.33 per square foot);
  • North Vancouver ($625.75 per square foot);
  • Richmond ($614.20 per square foot);
  • Burnaby ($588.11 per square foot); and
  • Toronto’s Richmond Hill ($585.31 per square foot).