We noticed that 2017’s energetic real estate market lead to two emerging neighbourhoods in Vancouver for buyers looking to get into the action, and those relocating around the city for various reasons. Here’s a breakdown of why these neighbourhoods are appealing to residents and prospective real estate buyers alike.
Nestled between Mt. Pleasant and East Side in the center of east Vancouver, lies the historic neighbourhood of Kensington-Cedar Cottage; named for a former train stop in the area. Home to a number of residential live/work studios, the neighbourhood is prime real estate for its many artists. A rich melting pot of cultures; one of the most ethnically diverse in the city, this residentially-focused neighbourhood also offers scenic views from the top of its east-west border.
Victoria Drive: The shops and services corridor of Kensington-Cedar Cottage offers everything you need for a night out or a quick shop. Its convenient proximity to popular John Hendry Park, with Trout Lake’s many community-centric offerings, is another perk of this community-minded neighbourhood.
While the Hastings-Sunrise neighbourhood of East Vancouver might be best known as being the home of the Pacific National Exhibition, the area has been attracting more young professionals for a reason. Mainly residential, Hastings Street’s East Village offers up a plethora of shops and services for every need. Largely working-class in the past, the culturally diverse neighbourhood is becoming a place of condos and independent small business development. It offers impressive views across the Burrard Inlet and North Shore Mountains, and cheaper rent for businesses looking to start or grow — and the people who run them that don’t want a long commute. Gentrification of the neighbourhood doesn’t mean its historical roots will be lost; community ties are strong here, and there’s only room to grow.
Interested in Cedar Cottage or Hastings-Sunrise? Contact the pros at Team Kerr, your Vancouver realtor specialists! We love working with clients to find just the right home for you and your family, in a community you can be proud of.
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