June had only 1 detached sale and 4 active listings. Comparable selection is limited, so recent address-level sales matter more than broad averages.
Call: 1.604.275.2997 Email: ron@thevpgroup.ca
Detached Home Market Guide
A compact, transit-rich Vancouver market where older character homes, low listing volume, and redevelopment potential make address-level research essential.
June had only 1 detached sale and 4 active listings. Comparable selection is limited, so recent address-level sales matter more than broad averages.
The June 2026 detached benchmark was $2,178,200. This tracks a typical property, but the local mix can shift sharply month to month.
Renovated homes, income properties, and redevelopment sites can trade in different markets even when they sit on the same block.
Data scope: Market figures refer to the MLS® Mount Pleasant VW subarea. They should not be blended with statistics for the larger City-defined Mount Pleasant neighbourhood.
Broadway-City Hall will connect the Canada Line and Millennium Line, giving the area strong north-south and east-west access.
City subway project sourceThe new line is planned with 6 underground stations, 3 to 4 minute peak service, and more than 3 times the opening-day capacity of the 99 B-Line.
City subway highlightsResidents are close to Broadway services, Main Street, parks, schools, health-care employment, and major cycling routes.
By May 2026, the wider Broadway Plan area had approved more than 8,400 net-new homes, including 1,750+ social and below-market rental homes.
City implementation updateThe corridor is adding office, medical, technology, retail, and service space alongside new housing.
Broadway Plan sourceTransit access can strengthen long-term demand, but nearby towers, rental projects, multiplexes, and public works may change privacy, views, traffic, and noise.
Mount Pleasant grew around industry, streetcars, working housing, and commercial streets. The western pocket still includes late Victorian and Edwardian houses, narrow lots, suites, infill, and small multifamily buildings.
Common review items include foundations, perimeter drainage, old wiring and plumbing, buried oil tanks, hazardous materials, suite permits, fire separation, and unapproved additions.
Some blocks form part of a recognized heritage landscape near City Hall. Confirm the exact property’s heritage, character, and redevelopment status before relying on future potential.
The most important risks are property-specific. A careful block and title review can matter more than a neighbourhood-wide price trend.
June 2026 detached sales, listings, benchmark price, and annual change.
Project timeline, stations, capacity, service frequency, and travel time.
Approved housing, employment space, zoning change, and long-term growth context.
Neighbourhood incident data and official limitations for interpreting local crime records.
Address-level catchment verification for public schools.
Starting point for zoning, permits, property records, and development research.
Ron Parpara PREC - Vancouver Realtor
Old address: 1286 Homer St #400, Vancouver, BC V6B 2Y5
New address: 701 W Georgia St, Suite 1500, Vancouver, BC V7Y 1G5
(604) 275-2997, ron@thevpgroup.ca
