Booming Neighbourhoods for First-Time Buyers

This quick & easy guide will pinpoint affordable housing in a city that is known for its exorbitant housing prices.

- For first-time buyers searching for affordable single family homes, Hastings Sunrise is an excellent neighbourhood due to its easy access to downtown Vancouver, its affordability and its surrounding amenities. 

- Many of the homes in Hastings Sunrise have potential suites which can double as rental income in helping you reduce your mortgage faster.

- This neighbourhood is home to lots of upcoming development. Homes in this area average around a little under $1M.

- For those searching for condos, the up-and-coming neighbourhoods are Mount Pleasant, Fraser Street & Chinatown. With Mount Pleasant being the Main Street renaissance, Fraser Street being the next Main Street and Chinatown being situated near the Olympic Village and the Seawall, these areas are considered to be a part of Vancouver's hot neighbourhoods.

- Prices in these three neighbourhoods average around $350K which will buy you a small one-bedroom in a newer building.

Do your research and consider the aforementioned booming neighbourhoods to see which area best meets all of your needs. For any questions on real estate, contact us today by email at or by phone at 604-618-7000!

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.