A few decades ago, Yaletown was Vancouverâs warehouse district, but it has been slowly revitalized and turned into a trendy place where people come to live, work, and do business. The completion of the Canadian Pacific Railway in 1887 marked the start of the development of Yaletown. At first, sawmills and shingle mills were the only buildings in Yaletown. Then, it was turned into a warehouse district, after which it was zoned for commercial and light industrial use in the 1920s. It stayed relatively empty until the 1970s when its potential was used and turned into a district with offices, restaurants, trendy nightspots, and loft-style residences.
Today, Yaletown has a rich mix of retail stores, restaurants, art galleries, as well as office and residential developments. Itâs one of the most fun, and modern places to live in Vancouver where residents can enjoy amazing views of False Creek from the comfort of their homes.Â
Because itâs a popular living spot, properties are on the higher end of the price scale. Single-family homes are far in between and come with an extremely high price tag. If you are thinking of buying a single-family home in Yaletown, expect to spend around $2 million or more for a 2 bedroom house. Prices have peaked so high that even parking spots can sell for tens of thousands of dollars.
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About Ron
I'm in my 14th year as a RealtorÂŽ and have acquired extensive knowledge of the rapidly changing Vancouver market and surrounding area. To find out more, please see my About page.
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About Ron
I'm in my 14th year as a RealtorÂŽ and have acquired extensive knowledge of the rapidly changing Vancouver market and surrounding area. To find out more, please see my About page.
Our Partners