These are the five cheapest homes for sale in Vancouver right now

Feb 5 2021, 10:33 am

Vancouver boasts one of the most unaffordable markets for Canadian homebuyers, making cheaper options increasingly elusive — and precious.

Despite the COVID-19 pandemic, home sales across British Columbia grew by 36% in 2020 — reaching a total of $73.5 billion.

Amongst all the multi-million dollar listings, Vancouver still has some affordable options for prospective buyers.

Real estate marketing platform Roomvu has rounded up five recently listed homes for sale in and around the city that won’t break the bank.

If you’re looking for a new home – or investment property – check out the city’s five cheapest listings below.

304 – 2528 E Broadway – $299,000

cheap homes Vancouver

Jeff Lam/Roomvu

  • 2 bedrooms
  • 2 bathrooms
  • 959 square feet

This large two-bedroom plus den unit faces the quiet side of the complex’s central courtyard garden. It is conveniently located near Commercial Drive, Renfrew Skytrain Station, and Trout Lake. The building’s amenities include a gym, rec center, and outdoor pool. But the price comes with a big caveat: this is a problematic “leaky condo,” and the seller is looking for an all cash payment.

905 – 1250 Burnaby Street – $319,900

cheap homes Vancouver

Tina Yarn/Roomvu

  • One bedroom
  • One bathroom
  • 420 square feet

This junior one bedroom suite features heated floors and a built-in 43” swivel TV in one wall. There’s an outdoor pool on the shared rooftop deck, which also offers views of the waterParking and storage are available and can be rented from management.

305 – 1100 Harwood Street – $325,000

cheap homes Vancouver

Douglas Wallace/Roomvu

  • One bedroom
  • One bathroom
  • 430 square feet

This renovated West End unit features custom cabinetry, modern light fixtures, and a large balcony. The building’s rooftop deck comes with an outdoor pool and panoramic views of English Bay. Other amenities include a large laundry facility and sauna/steam room. Parking is available for $50 a month.

11 – 430 E 8th Avenue – $355,000

cheap homes Vancouver

Glenn Warren/Roomvu

  • One bedroom
  • One bathroom
  • 468 square feet

Located in the heart of Mount Pleasant, this one bedroom unit is just minutes to downtown. The home features a west-facing balcony and a new kitchen boasting quartz countertops. One dog or two cats are permitted in the unit.

204 – 138 E Hastings Street – $357,000

cheap homes Vancouver

Mathew Guidi/Roomvu

  • One bedroom
  • One bathroom
  • 443 square feet

This second-floor unit features high ceilings and is conveniently located near Gastown, Chinatown, and SFU Campus. Pets are allowed, and the home comes with one secure parking stall in a double-gated underground lot.

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