Blog

 
Back to Blog

Vancouver is consistently rated as the most expensive city in which to live in Canada, which may make it surprising that only 20% of the top 25 wealthiest neighbourhoods in the country can be found in the Lower Mainland, according to Canadian Business.

 

 

The neighbourhoods were ranked in terms of average household net worth. The most expensive neighbourhood in Metro Vancouver is Shaughnessy Heights, which comes in at number 4 on the top 25 list. This neighbourhood runs along the west side of Granville from West 29th Avenue to West 39th. In this area, the average house will cost you over $3 million, the average household net worth is $12 million, and the average household income is $777,184.

The other Vancouver neighbourhoods that made the list were Kerrisdale, Kerrisdale Park, West Bay & Sandy Cove in West Vancouver and Shaughnessy Centre.

The top 3 wealthiest neighbourhoods in Canada are in Toronto. In the Bridle Path area, the average household net worth is a staggering $22.27 million, the average annual household income is $936,137 and the average house price will run you $2.24 million.

The full list can be found here.

 

Received from: BIV 

Newsletter

*indicates required fields.
Name:*
Email:*

Meet the team

  • Will Pratt
  • Justin Sabbagh
  • Mike Wilcox

Mortgage Calculator

Purchase Amount:
Down Payment:
Interest Rate:
%
Payment Interval:
Mortgage Term (Years)
Payment:
Total Payments:
Total Amount Paid:
Total Interest Paid:

Neighbourhoods