Neighbourhood Profile // DOWNTOWN

downtown2

NEIGHBORHOOD PROFILE: DOWNTOWN


WELCOME TO DOWNTOWN

During the 1880s, Downtown (Howe Street, specifically) was selected to be the west coast terminus of the Canadian Pacific Railway. This set off a building boom, and by 1912 Granville Street was confirmed as the centre of Downtown with its well-developed office and shopping area. Although, there was a slight halt in development due to the 1929 stock market crash, the late 1960s and 70s saw continuous and rapid growth, which further solidified Downtown as the City’s international financial and business centre.

Today, Downtown is still the business, commercial, and entertainment centre of the City. For those who are drawn to the busy city life and want easy access to amenities, consider one of Downtown’s numerous luxury high-rises or elegant townhomes – both strata-titled and rental housing. Everything is only a few steps away, including transportation, shopping, dining, and even the world-famous Stanley Park.

In terms of location, Downtown is bounded by the Burrard Inlet to the north; False Creek and Yaletown to the south; the West End neighbourhood and Stanley Park to the west; and Gastown, Chinatown, and Strathcona to the east.


ATTRACTIONS

There is something for everyone in the bustling Downtown community. Granville Street is the devoted shopper’s dream, with a variety of mainstream and boutique brands lining the street. Furthermore, a few blocks away is Pacific Centre and Nordstrom. This shopping centre offers over three floors of clothes, shoes, bags, beauty, and more.

For the outdoorsy and athletic types, check out Stanley Park and the English Bay Seawall. Stanley Park is a great place to walk or jog, and offers tennis, lawn bowling and rugby facilities. The nearby English Bay Seawall also has breathtaking mountain and ocean views, which provides the perfect backdrop for a morning jog.

And for those looking for old-fashioned fun, go skating at the Robson Square Ice Rink or pick up a book at the seven story Central Vancouver Public Library.

OTHER FACTS

- ELEMENTARY SCHOOLS: Lord Roberts Elementary School, Lord Roberts Annex, Elsie Roy Elementary School
- HIGH SCHOOLS: King George Secondary School
- PRIVATE SCHOOLS: Pattison High School, Westside Preparatory School
- SHOPPING: Pacific Centre, Nordstrom, Granville Street
- PLACES TO GO: Stanley Park, English Bay Seawall, Robson Square Ice Rink, Vancouver Public Library

 

DOWNTOWN PROPERTY STATISTICS1

Average Home Price: 

Apartments: $624,300

Townhouse: $835,500

 

DOWNTOWN DEMOGRAPHICS2

Population: 54,690

Age:

65+: 9%

40 to 64: 33%

20 to 39: 50%

19 and under: 8%

 

1REW.ca Interactive Map, incorporating data from the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board, and Real Estate Board of Greater Vancouver, December 2014.
2Statistics Canada, Census 2011, custom order for City of Vancouver Local Areas.
3REW