As many of my clients already know, I do the majority of my work in East Vancouver. It should come as no surprise that I am a huge East Van advocate and there are a number of reasons for that. Here are 5 of them:
1. PROXIMITY TO DOWNTOWN VS PRICE
In a city with as pricey of a Real Estate market as Vancouver, location is king. Speaking in general terms, the closer you are to downtown, the more expensive the housing market. However, there are a few exceptions to this rule, with East Vancouver being one of them. Take for example Strathcona, only a 5 minute drive to downtown, but you can still find a half duplex for under $700,000. These types of prices combined with location just do not exist west of Main St.
2. CULTURE AND DIVERSITY
East Van seems to be the preferred location in Vancouver for artists of all types to live and to set up their studios and rehearsal spaces. The Mount Pleasant area in particular is full of old warehouse buildings that have been converted into live/work spaces and now house a variety of painters, musicians, sculptors, photographers, etc...you name it! There are also a number of events throughout the year that showcase the neighbourhood's cultural diversity, such as last weekend's East Side Culture Crawl.
3. THINGS TO DO
Here's my favourite part of this article: the part where I get to talk about the smattering of breweries, restaurants, boutique shops and parks that East Van has to offer! Stroll down Main Street or Commercial Drive and you can't help but notice that every place you walk past is either a great place to drink a beer or a vintage clothing shop or a cute little cafe or something equally as awesome! And parks. Lots of parks.
4. CHARACTER AND HISTORY
The historic Strathcona district between Clark St and Main St in north Mount Pleasant is literally the oldest neighbourhood in Vancouver. Seriously, Vancouver was built around this neighbourhood! Gabled roofs, wood windows, cedar cladding...these character home traits are all standard issue in Strathcona. Heck, Benjamin Moore even has an entire colour palette modelled after the pastel-esque homes that flood the horizon in Strathcona and this palette has become the go-to choice for homeowners and builders alike who wish to revive and maintain the original charm and character of heritage-style homes in their neighbourhood.
5. INVESTMENT VALUE
While the days of finding affordable homes with the near future potential of investment return have come and gone in Vancouver West, this idea is still very much a possibility in areas like Strathcona and Collingwood; areas of East Vancouver that have not quite hit their potential yet. But hurry...this dream won't last forever!