It can be a challenge to find a new home in Vancouver, one of the most expensive housing markets in the country, with a budget under $1 million. Challenging, but not impossible.
We’ve compiled a list of five new developments with available units priced under $1 million — including one townhouse project! The best part is they’re all move-in ready, so you won’t need to spend any money on a temporary rental.
1. The Crest
Developer(s): Forrester Group
Location: 106 East 35th Avenue
Priced from: $674,900
The Crest is a modern, five-storey residential building with 18 thoughtfully-designed suites and convenient onsite amenities. The project was designed by the award-winning Ankenman Marchand Architects and boasts an eye-catching colour palette of neutral tones with vibrant red accents.
Inside, suites by Occupy Design are well-appointed with wide-plank engineered hardwood floors, quartz kitchen countertops, and premium Fisher & Paykel and/or Bosch appliances. Floorplans are open-concept in design and filled with natural light, while large balconies, patios or decks provide access to the outdoors.
Amenities at The Crest include a courtyard with a covered barbecue and eating area, plus secure bike storage. Neighborhood attractions and conveniences are just steps away, including Queen Elizabeth Park, Hillcrest Community Centre and the amenity-rich Main Street.
2. Main & Twentieth
Developer(s): Landa Global Properties
Location: 209 East 20th Avenue
Priced from: $710,900
Main & Twentieth is a recently completed boutique development by Landa Global Properties conveniently located along trendy Main Street. The area is packed with cozy cafes, boutique shops and a diverse array of restaurants. Within the development, a grand, open-air courtyard takes centre stage, replete with raised garden beds, trees and shrubbery.
Designed by Yamamoto Architecture, the exterior boasts clean lines and a two-tone colour palette accented by warm wood inserts.
The residence houses a total of 42 units priced from $710,900 with spacious, open-concept layouts. Homebuyers have a choice of one-, two- and loft-bedroom layouts in either a dark or light colour scheme. All suites are lined with the latest designer finishes, including hardwood floors, imported Italian Aster Cucine cabinets, contemporary ALT Progetto Aqua kitchen faucets, polished quartz countertops and ceramic tile backsplashes. A Miele appliance package is also included with every home.
3. Pinnacle on The Park False Creek
Developer(s): Pinnacle International
Location: 1708 Ontario Street
Priced from: $749,900
This move-in ready development by Pinnacle International features a modern, 18-storey tower designed by Bingham Hill Architects. Overlooking Ontario Street, residents of Pinnacle on The Park False Creek enjoy easy access to the water’s edge, seawall and nearby Olympic Village. Inside, residences boast a mix of spacious one-, two- and three-bedroom layouts with beautiful views and luxe finishes.
Amenities include a podium rooftop garden that’s perfect for entertaining friends or hanging out with neighbours, along with multiple social lounges, a state-of-the-art fitness facility and children’s play area. Plus, those who commute will benefit from a secure underground parking garage for residents and guests and a dedicated bike storage space.
4. Duchess & Horley
Developer(s): Baron Projects
Location: 2667 Horley Street
Priced from: $869,900
Intentionally built to be priced between traditional townhomes and condos, Duchess & Horley features a collection of classically-styled stacked townhomes by Baron Projects. The three-bedroom designs are bright and spacious, but what makes them truly unique is the separate, locked-off rental suite on the lower level that homeowners can use as an income property to help pay the mortgage.
Situated in the tree-lined and family-friendly community of Norquay Village, residents will benefit from a vibrant locale close to local amenities and attractions. The neighbourhood is home to Vancouver’s only Mandarin immersion elementary school, located directly across the street from Duchess & Horley, along with convenient amenities like Slocan Park, C & T Food Market and Slocan Community Hall.
5. Shift Little Mountain
Developer(s): Aragon Properties Ltd.
Location: 5089 Quebec Street
Priced from: $909,900
Bordered by Vancouver’s picturesque Queen Elizabeth Park, Shift Little Mountain offers a modern condo lifestyle within a parkside setting.
The six-storey, omb-designed mid-rise residence houses 43 suites ranging in size from 844 to 1,302 square feet with one to three bedrooms. Carefully-crafted interior spaces are naturally lit with expansive windows and folding glass walls. Energy-efficient heating and cooling systems keep you comfortable all year round, while white oak hardwood flooring and wall-mounted electric fireplaces are stylish and practical. Step into the bathrooms and you’ll find exquisite rain shower heads and in-floor heating to create a spa-inspired ambiance.