There’s no question that the City of Vancouver is globally recognized as a desirable city to live in. In fact, an Ipsos global poll in July 2017, Vancouver was named the third best liveable city in the world, tied with Abu Dhabi. However, this budding metropolitan city nestled in between forest, mountains, and sea is not without drawbacks – Business Insider ranked the City of Vancouver as the 19th most expensive place in the world to rent in 2017. In April 2017, the benchmark price was $1,474,400 in Vancouver east and $3,495,800 in Vancouver west for a single detached house, according to the MLS Home Price Index. For apartments, the benchmark price was $480,300 in Vancouver east and $718,400 in Vancouver west.
Vancouver’s public transit is one of the world’s best, offering a metropolitan rail system (“SkyTrain”), frequent busses, ferry service (SeaBus) and a commuter railway (West Coast Express). As of 2016, Vancouver’s SkyTrain is the longest rapid transit system in Canada, and the longest fully automated driverless system in the world. Thanks to Vancouver’s mild climate and with the (controversial) recent implementation of permanent bike lanes, biking as a mode of commuter transportation is viable through all seasons. Despite being a metropolitan city, travelling by car is less of a headache than you may expect – The traffic data firm INRIX finds Vancouver to be the 5th most congested Canadian city in 2016, and only the 38th most congested in North America.
THINGS TO DO:
From the lush Stanley Park and the sprawling VanDusen Gardens, to family-friendly activities such as the marine rescue centre Vancouver Aquarium, Playland, and research-driven Science World, or appreciating the history of the land at the Museum of Anthropology, exploring Vancouver is a delight. Exercising on the Vancouver seawall in a popular pastime, offering stunning views, with bike or rollerblade rentals available. Vancouver has also been called the “Hollywood North”, due to the influx of shows and films, most notably The X Files, Supernatural, Once Upon a Time, the 100, Riverdale and blockbuster movies Twilight series and 50 Shades of Grey.
Vancouver is also recognized as home to some of Western Canada’s most prestigious private schools, including St. George’s, Vancouver College, West Point Grey Academy, and York House School. Furthermore, British Columbia boasts 17 universities (12 public and 5 private), the oldest of which, the University of British Columbia, which ranks consistently ranks among the top three research universities nationwide by Maclean’s and U.S. News and World Report. In 2015, the Times Higher Education ranked UBC among the 20 best public universities worldwide.
For those who have the means, Vancouver is a top choice to work, live, raise families, vacation, or even invest. However, for the more budget conscious, or perhaps those who don’t need to be in the “middle of all the action” there are also many other neighbourhoods in proximity that offer a more reasonable price per square foot of space. Please feel free to use the top menu bar to browse other unique municipalities in Greater Vancouver we have analyzed.