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Seven Metro Vancouver Neighbourhoods Emerge as Affordable Hidden Gems

Report attributes rising interest to transit upgrades fueling infrastructure projects that boost liveability in emerging neighbourhoods such as Fraser Mills and Coquitlam West.

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Houses in Mount Pleasant East in Vancouver on June 25.
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 Mount Pleasant entry on Main near Broadway.

Overview

  • Re/Max Canada report identifies Mount Pleasant East, Bridgeport, Ladner, Willoughby Heights, Fraser Mills, Coquitlam West and Capstan Way as up-and-coming neighbourhoods in Metro Vancouver.
  • Average home prices in these areas span about $732,000 to $1.96 million, often undercutting established markets by up to $1 million.
  • Transit expansions and infrastructure investments are enhancing connectivity and affordability, prompting buyers to look beyond downtown Vancouver.
  • Fraser Mills, Coquitlam West and Capstan Way are undergoing major revitalization with master-planned waterfront towers, industrial land assemblies near SkyTrain and an influx of businesses and residents.
  • The report finds that 76 percent of Canadians have made location compromises for proximity to urban cores and 89 percent of Greater Vancouver residents say their neighbourhood matches their lifestyle.