East Vancouver Real Estate

South Vancouver Real Estate Agent

South Vancouver offers some of the city's most affordable single-family homes with larger lots, making it attractive for families and builders.

Avg. $1.4M Walk Score 65 Transit Score 70

Quick Answer

South Vancouver offers some of the city's most affordable single-family homes with larger lots, making it attractive for families and builders alike. The area provides quiet residential living with parks, schools, and improving transit connections. Average home prices around $1.4M represent value compared to more expensive Vancouver neighbourhoods.

Overview & Character

South Vancouver stretches across the city’s southern reaches—a broad area offering what much of Vancouver has priced away: affordable family homes on lots large enough for gardens, play areas, and outdoor living. This is practical residential territory where families establish themselves, where builders find economically viable development opportunities, and where space compensates for distance from downtown intensity.

The neighbourhood’s character is unpretentious and residential. Streets follow Vancouver’s grid through terrain that slopes gently toward the Fraser River. Homes range from original post-war ranchers to newer construction responding to ongoing development. The atmosphere is family-oriented without the premium pricing of more fashionable areas.

What sets South Vancouver apart is its value proposition. In a city where housing costs dominate conversations, South Vancouver offers larger lots at lower prices than almost anywhere else. For families who prioritize space and affordability over location prestige, the area delivers genuine opportunity.

Geography & Diversity

South Vancouver encompasses a large and varied area:

Geographic Extent: The area stretches from approximately 49th Avenue to the Fraser River, and from Main Street to Boundary Road, creating significant internal diversity.

Sub-Areas: Different parts of South Vancouver have distinct characters—some more established, others more recently developed, some with better transit, others more car-dependent.

Lot Sizes: South Vancouver offers some of Vancouver’s largest residential lots, with many properties exceeding the city’s minimum dimensions.

Development Pattern: The area shows Vancouver’s development history, from original post-war homes to recent multiplexes responding to current demand.

Real Estate Market Analysis

Current Market Conditions

South Vancouver offers varied housing at accessible Vancouver prices.

Single-Family Homes: Properties on standard lots range from $1.2 to $1.6 million. Larger lots (50’+) or updated homes can reach $1.8 million.

Development Sites: Lots suitable for multiplex construction trade based on development potential, often at prices attractive to builders.

Duplexes: Various configurations trade at price points reflecting rental income and development potential.

Townhouses: Newer developments offer options from $800,000 to $1.3 million.

Investment Potential

South Vancouver investment offers value-focused opportunity:

  • Land Costs: More accessible than established areas
  • Development Potential: Many lots support multiplex construction
  • Family Demand: Consistent need for affordable family housing
  • Appreciation: Infrastructure improvements may drive future gains

Market Dynamics

South Vancouver values are influenced by:

  • Relative affordability within Vancouver
  • Transit infrastructure improvements
  • Development activity adding new housing
  • Population growth and housing demand

Community & Amenities

Parks & Recreation

  • Sunset Park: Community facilities and green space
  • Moberly Park: Sports fields and recreation
  • Ross Park: Neighbourhood green space
  • Fraser River Trail: Waterfront access
  • Various Community Centres: Programs throughout the area

Schools & Education

  • David Thompson Secondary: Area secondary school
  • Sir Charles Tupper Secondary: Additional secondary option
  • Various Elementary Schools: Multiple options throughout
  • Community Programs: Recreation and after-school activities

Shopping & Services

  • Victoria Drive: Commercial corridor
  • Fraser Street: Shops and restaurants
  • Marine Drive: Additional commercial options
  • Asian Markets: Diverse grocery options
  • Practical Services: Banks, medical, daily needs

Multiplex Development Opportunities

Considering a Multiplex in South Vancouver?

With Vancouver's new zoning regulations, your lot may qualify for multiplex development. Get a free assessment of your property's development potential.

South Vancouver presents attractive multiplex development fundamentals.

Why South Vancouver Works for Builders

  1. Land Costs: Accessible pricing improves development economics
  2. Lot Sizes: Many properties meet or exceed multiplex requirements
  3. Family Demand: Strong market for family-appropriate rental and sale units
  4. Development Support: Zoning generally favourable

Development Economics

South Vancouver multiplex development advantages:

  • Land (33’ lot): $1.0-1.3M
  • Land (50’ lot): $1.5-1.9M
  • Construction: $340-390/sf for quality finish
  • End Units: $480K-750K for family units
  • Rental Rates: $1,700-2,500 for quality units

Strategic Considerations

  • Location Selection: Proximity to transit adds value
  • Family Design: Three-bedroom units in demand
  • Parking: Essential in car-oriented neighbourhood
  • Quality Focus: Build for owner-occupier market

Living in South Vancouver

The Family Value Proposition

South Vancouver living offers:

  • Affordability: Lower prices than most Vancouver alternatives
  • Space: Larger lots and homes
  • Family Focus: Neighbours raising children
  • Quiet Streets: Residential atmosphere
  • Growth Potential: Neighbourhood continuing to develop

Who Thrives Here

South Vancouver suits:

  • Families prioritizing space and value
  • First-time buyers entering the market
  • Builders seeking development opportunities
  • Investors seeking family rental properties
  • Anyone who values function over fashion

Considerations for Buyers

  • Transit Limitations: Some areas less well-served
  • Distance: Farther from downtown employment
  • Varied Character: Large area with internal diversity
  • Infrastructure Evolution: Some improvements ongoing
  • Research Required: Specific micro-locations matter

Working With Greyden Douglas in South Vancouver

My approach to South Vancouver combines value identification with development expertise:

  • Area Knowledge: Understanding different South Vancouver sub-areas
  • Development Analysis: Evaluating multiplex feasibility
  • Value Assessment: Finding properties that deliver quality at fair prices
  • Investment Guidance: Honest evaluation of opportunity

Whether seeking affordable family housing, evaluating investment properties, or developing multiplex projects, I provide expertise suited to South Vancouver’s value-focused market.

Ready to Explore South Vancouver?

Whether you're buying, selling, or exploring multiplex opportunities in South Vancouver, I'm here to help. With nearly 20 years of Vancouver real estate experience, I'll guide you through every step.

South Vancouver Market Overview

$1.4M
Avg. Price
65
Walk Score
70
Transit Score
20+
Years Experience

Frequently Asked Questions About South Vancouver

Why is South Vancouver affordable?
South Vancouver's relative affordability reflects its distance from downtown and established employment centres, less developed transit infrastructure compared to SkyTrain-served areas, and lower historic land values. For families prioritizing space and value over urban amenities or prestige, South Vancouver offers genuine opportunity.
What are home prices in South Vancouver?
Average home prices in South Vancouver are approximately $1.4 million. Single-family homes range from $1.2-1.8 million depending on lot size and condition. Larger lots (50'+) suitable for development may command premiums. The area offers larger lots than many Vancouver neighbourhoods at accessible prices.
Is South Vancouver good for multiplex development?
South Vancouver offers excellent multiplex opportunity due to larger lots available at accessible prices, zoning that supports development, and strong family rental demand. Builders seeking economically viable projects find South Vancouver attractive compared to higher-priced areas.
What are the schools like in South Vancouver?
South Vancouver has various school options serving families. While the area lacks the prestigious school reputations of westside neighbourhoods, solid educational options exist. Families should research specific schools based on their location within South Vancouver's diverse geography.

South Vancouver Location

Nearby East Vancouver Neighbourhoods