Vancouver's Best Neighbourhood Is...

Port Moody snagged top spot in MoneySense magazine's list of Vancouver’s top neighbourhoods. The publication noted “tree-lined” PoMo saw about 30 homes sold there last year at an average price of just over $700k, $50k less than the Metro Vancouver benchmark. The ranking is based on an area's value, growth potential and “desirability,” determined by realtor input. Onni Group gets it; the firm's building the sizable Suter Brook Village there (left). Not only are Port Moody homes more affordable (compared to Vancouver, at least), the area’s also active and “art-focused,” with a strong sense of community. Prefer closer to the city? The average house in 84th-ranked South Cambie will set you back $2.3M. [MoneySense]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Vancouver Newsletters
Related Stories

Ireland's Living Sector Sales On Course To Hit €1B This Year

2 Longtime Leaders Of Housing Nonprofit Leave To Launch New Firms

Developers Build More Bedrooms As 99-Unit Projects Dominate

Redevco Provides €57M Green Loan For Dublin Resi Scheme

Janeese Lewis George Wants To Stabilize Rent. The Question Is How

Greystar Reveals Plans For 20,000-Home Garden-Style BTR Push

MEAG Expands Dublin Residential With Fourth Irish Acquisition In 6 Months

Federal Housing Bill Becomes Law Without Trump's Signature

Discussing NYC Transit Needs And Building Near A Subway Station At Bisnow's July 22 Conference

Trump Administration Loses Lawsuit Over Homelessness Funding Rules

Chicago Affordable Housing Operator Selling 17-Building Portfolio

Cherrywood Mixed-Use Site Comes To Market At €40M