The North Shore’s top three neighbourhoods to buy in 2020 are:
1. Seymour, North Vancouver
If you love the mountains, the water, or forests then the No. 1 community on the North Shore should be top of your list when looking for a single-family home.
Located on the east side of North Vancouver, Seymour offers access to classic B.C. hiking and mountain biking trails (at some spots, literally right outside your front door), as well as quick access to waterfront trails, public bays and docks, nearby golf and easy access to the local mountain, Mt. Seymour.
As part of the secluded Woodlands-Sunshine-Cascade community, Seymour is tucked away but with easy access to the mainland—it’s just east of the Trans-Canada Highway.
While retail space isn’t large or plentiful near this community, that doesn’t mean there aren’t local retail hubs. Parkgate Plaza offers one of four regional grocery stores (the others are North Vancouver’s only Superstore location, and two higher-end, organic-inspired options known as Nesters and Stong’s), along with a selection of chain stores and local businesses. There’s even a local pasta shop, InGrain Pastificio, that offers slow-dried, traditional pasta. The attached restaurant was initially started to highlight their homemade pasta and has now become a go-to spot for locals and foodies alike.
For housing, buyers will be happy to learn that there is a great mix of options—from contemporary west-coast design, to craftsman, to Whistler-inspired chalets, to early ’90s side splits and late 2000s modern newer builds. Since detached homes make up the majority of residential housing, average home prices tend to be higher (although not part of this ranking, this neighbourhood does have a selection of townhouses and condos, as well).
Buyers looking for a bit of help with the mortgage should consider this neighbourhood since about 14% of residents are tenants.
Prior to the pandemic and market slowdown, homes typically sold within 14 days in Seymour NV, North Vancouver.
Average Single-Family Home Price (2019):$1,998,451
2. Whytecliff, West Vancouver
Whytecliff is located near West Vancouver’s Horseshoe Bay neighbourhood, which is where the ferry terminal to Vancouver Island and the Sunshine Coast is located. The neighbourhood offers a rugged coastline along the shores of Howe Sound as well as scenic mountain access.
Residents in this community love how secluded the community feels, but how accessible everything is—from amazing parks nearby, including the storied Whytecliff Park, local swimming holes, and even an opportunity to scuba dive in the local bay. But it’s not just nature that’s close by. Residents are a short distance away from the Lions Gate Bridge, which takes them through Stanley Park and into downtown Vancouver in less than 30 minutes.
Buyers in this area can find a variety of home styles and sizes, from two-bedroom cottages to seven-bedroom, custom-built contemporary mansions.
Prior to the pandemic and market slowdown, homes typically sold within 16 days in Whytecliff, West Vancouver.
Average Single-Family Home Price (2019):$3,175,833
Most North Vancouver residential neighbourhoods are characterized by quiet meandering streets nestled amidst rugged trails where residents hike, bike, run and walk their pooches. The Capilano neighbourhood is a bit different.
While the community still has exceptional access to hiking and bike trails—it’s a short bus or car ride to the base of the Grouse Grind—as well as a great local fishing spot on the Capilano River, this community is sought after by families or urban professionals who want quick access to downtown. For many, this community offers a direct, one bus only, solution to getting to downtown Vancouver. While the bus ride can take anywhere from 30 to 60 minutes, most commuters use this time to listen to podcasts, read or work on their laptops.
Those looking to buy in this neighbourhood can expect homes built in the late 1940s and early 1950s. Today, most of these charming bungalows, ranchers and two-storey homes have been updated and modernized, but those who want to put in a bit of sweat equity will find the odd fixer-upper or ‘as-is’ purchase as well. Those with a larger budget will be happy to find West-Coast style new builds, complete with plenty of wood and stone finishes.
Prior to the pandemic and market slowdown, homes typically sold within 19 days in Capilano, North Vancouver.
Average Single-Family Home Price (2019):$1,891,524
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