Hottest 'hoods to buy a townhome on the North Shore and in Lower Mainland: study

North Shore's top-ranked neighbourhood only appears at number 54 on the overall Lower Mainland chart

Knowing where is best to buy a home is always tricky, especially in today's challenging market – so some advice is always welcome.

The research team at real estate website Zolo have analyzed hundreds of Lower Mainland neighbourhoods (352, to be exact) to see where the best places are to buy a townhome in the current market.

article continues below

The researchers took into account average price in each neighbourhood, price comparisons with nearby neighbourhoods, recent price appreciation and market momentum, as well as liveability factors such as WalkScores. They also interviewed local realtors to get a score for each area.

Topping the list for all of the Lower Mainland is Central Coquitlam, where an average townhome cost $701,730 in 2018. That’s no cheaper than surrounding areas, but the neighbourhood's momentum score is high, and there is great access to a major retail mall and good transit links, said Zolo. In fact, the Tri-Cities had four neighbourhoods in Zolo’s overall regional top 10, making Tri-Cities the clear favourite.

Top 10 townhouse neighbourhoods overall
Source: Zolo

Check out the full interactive ranking tables for where to buy a townhome in the Lower Mainland here.

The North Shore doesn't get a neighbourhood on the full table until number 54, where North Vancouver's Lynnmour appears on the list.

Zolo also looked at each individual municipality and ranked neighbourhoods within it in terms of where is best to buy a townhome. Obviously the top North Shore neighbourhood was Lynnmour, and this was followed by Westlynn Terrace and Pemberton Heights. In fact, the top 12 in the North Shore list of 70 neighbourhoods were all in North Vancouver. West Vancouver's best neighbourhood to buy a townhome was Cedardale, ranked 13th on the North Shore chart but just 177th in the overall rankings.

Check out the full interactive rankings for the North Shore here.

Read Related Topics

© North Shore News
Sign up for the North Shore News FREE digital newsletter to receive top headlines from each issue in your Inbox.

Report a Typo or Error


NOTE: To post a comment you must have an account with at least one of the following services: Disqus, Facebook, Twitter, Google+ You may then login using your account credentials for that service. If you do not already have an account you may register a new profile with Disqus by first clicking the "Post as" button and then the link: "Don't have one? Register a new profile".

The North Shore News welcomes your opinions and comments. We do not allow personal attacks, offensive language or unsubstantiated allegations. We reserve the right to edit comments for length, style, legality and taste and reproduce them in print, electronic or otherwise. For further information, please contact the editor or publisher, or see our Terms and Conditions.

comments powered by Disqus

Popular Real Estate

Popular News

Community Events Calendar