Vancouver Homes under $500,000

Welcome to Vancouver, British Columbia—a city that beautifully marries urban sophistication with breathtaking natural landscapes. Nestled between the majestic Coast Mountains and the sparkling waters of the Pacific Ocean, Vancouver is renowned for its vibrant culture, diverse communities, and outdoor adventures. With a mild climate and stunning scenery, it’s no wonder that Vancouver consistently ranks among the world’s most livable cities.

For those seeking a slice of this Pacific paradise without breaking the bank, you’ll be pleased to discover that there are charming homes available for under $500,000. These gems can be found in various neighborhoods, each offering its own unique character and amenities. From cozy condos in bustling downtown areas to quaint townhouses in family-friendly suburbs, there’s a perfect fit for everyone.

Imagine waking up to the crisp mountain air or enjoying a leisurely stroll along the seawall, all while knowing you’ve made a smart investment in one of Canada’s most sought-after cities. The real estate market in Vancouver is dynamic, and while prices can be high, the availability of affordable homes under $500,000 opens doors for first-time buyers, young professionals, and families alike.

Whether you’re drawn to the vibrant arts scene, the rich culinary offerings, or the countless outdoor activities, Vancouver has something for everyone. Explore the possibilities of calling this stunning city home—where urban life meets nature, and your dream of homeownership can become reality!

Newest Vancouver Homes under $500,000

$499,000

1 Beds ⋅ 1 Baths ⋅ R3171850 MLS® #

Spacious, bright 612 sq.ft. 1 bedroom corner unit situated in most desirable and central Mount Pleasant location of Main and Kingsway, the future Skytrain Station is just across the street, steps away to Community Center, restaurants, coffee shops, shopping, park and public transit. Concrete building, perfect for small family and investor, come with 1 parking and storage locker, easy to show.

288 E 8th Avenue Unit 402, Vancouver

Listing courtesy of

$459,000

1 Beds ⋅ 1 Baths ⋅ R3171707 MLS® #

ATTENTION INVESTORS & FIRST-TIME HOMEBUYERS! Welcome to this turnkey 1 bedroom, 1 bathroom home on the 17th floor of Europa, offering beautiful ocean and mountain views. Freshly painted and move-in ready, this home features air conditioning, a gas range, cozy gas fireplace, updated bathroom, 1 parking stall and a storage locker. Enjoy fantastic building amenities including an indoor pool, hot tub, sauna and gym. Ideally located just steps from the SkyTrain, Crosstown Elementary, T&T Supermarket, Rogers Arena, BC Place, Science World and an abundance of shops, restaurants and everyday conveniences. An excellent opportunity for those looking for a move-in ready home in an exceptional location, or a fantastic investment in a highly convenient area. This one won't last!

63 Keefer Pl Unit 1707, Vancouver

Listing courtesy of

$388,800

1 Beds ⋅ 1 Baths ⋅ R3171638 MLS® #

Investors and First time home buyer alert !!! Are you a first time home buyer looking to get your foot into Vancouver's sought after and vibrant Mount Pleasant neighborhood? Look no further - your very 1st home has just hit the market !! This well kept 1 bedroom bright Northwest corner suite features a renovated kitchen, appliances, remodeled bathroom and laminate flooring. Also new double-glazed windows. There is also a balcony for your Summer Barbecues and 1 secured parking space. Pet friendly building and Rentals allowed. New roof, boiler, and re-piping has been completed. Very Central location. Just steps to Guelph Park, transit, and minutes from Main Street / Broadway.

430 E 8th Avenue Unit 12, Vancouver

Listing courtesy of

$419,900

1 Baths ⋅ R3171590 MLS® #

THIS FANTASTIC STUDIO CONDO WITH A BREATHTAKING CITY SKYLINE VIEW WITH NATURAL LIGHTING.THIS IS SPECTRUM 3 BY CONCORD PACIFIC LOCATED NEAR COSTCO, T&T SUPERMARKET, CITY MARKET, STADUIM, ROGERS ARENA, SKYTRAIN,RESTAURANTS, CAFES, SHOPPING AND MUCH MORE. AMENITIES INCLUDE INDOOR SWIMMING POOL, HOT TUB, STEAM ROOM, GYM, THEATRE ROOM, PARTY ROOM, 24 HOUR CONCIERGE. THE CONDO HAS NEW LAMINATE FLOORING, WASHER DRYER, WINDOW COVERINGS, DISHWASHER.

131 Regiment Sq Unit 707, Vancouver

Listing courtesy of

$349,000

1 Beds ⋅ 1 Baths ⋅ R3171532 MLS® #

Enjoy beautiful city and water views from this inviting condo located in the heart of the West End! Featuring a fully renovated kitchen and bathroom, this open concept floor plan offers a comfortable living area with oversized windows that flood the space with natural light. Enjoy the building’s fabulous rooftop deck & outdoor pool. Shared laundry is conveniently located on every second floor. Just one block to the beach and steps from shopping, restaurants, transit and all the amenities the West End has to offer. Prepaid lease until 2073. Monthly fees include heat, HW & property taxes. No pets. Parking and storage available for rent. A great opportunity in one of Vancouver’s most desirable neighbourhood. Call to book your private showing!

1250 Burnaby St Unit 607, Vancouver

Listing courtesy of

$499,999

1 Beds ⋅ 1 Baths ⋅ R3171430 MLS® #

PRINCETON MANOR is an exceptionally well-maintained and well-managed building with a proactive Strata. This bright and functional unit features newer updates, spacious sleeping area with ample closet space, plus a large storage area or flex space. An excellent opportunity in a highly sought-after South Granville location, just steps from shopping, transit, galleries, cafés, and restaurants, with an impressive Walk Score of 90. Includes 1 open parking stall and 1 storage locker.

1717 W 13th Ave Unit 112, Vancouver

Listing courtesy of

$348,800

1 Beds ⋅ 1 Baths ⋅ R3171410 MLS® #

Investor/first time buyer alert! Junior 1 bedroom, on second floor, in super, central Mount Pleasant location. On the quiet, north side of the building, this 442 sqft home is cozy and bright, and offers great value. Simple strata (why pay for things you'll never use) with proactive council that has done lots of work in the last few years including the ongoing & paid for, final phase of their exterior upgrade project. Low maintenance fees. Pets welcome (dogs 70 lbs max). Easy, central location with shopping, restaurants and transit just steps away. Not a ground floor unit. Open House: Sat, Oct 3, 2-4

3465 Glen Dr Unit 104, Vancouver

Listing courtesy of

$419,000

1 Beds ⋅ 1 Baths ⋅ R3171293 MLS® #

An architectural landmark in the heart of Coal Harbour at Qube. This beautifully well-kept designed studio suite offers stunning South exposure city views on the upper floor and an efficient open-concept layout with soaring 9'6 ceilings & full sized appliances. Originally constructed as the headquarters for Westcoast Transmission Co., the iconic Qube is renowned for its innovative office-to-residential conversion and striking architectural design. Steps to Robson Street, the Financial District, Stanley Park, Coal Harbour Marina & Seawall. Includes 1 parking & 1 locker. Rentals allowed (30-day min.) plus 1 dog or 2 cats permitted. Ideal for first-time buyers or investors. A contemporary gem in Coal Harbour!

1333 W Georgia St Unit 1113, Vancouver

Listing courtesy of

$498,000

1 Beds ⋅ 1 Baths ⋅ R3171263 MLS® #

Welcome to this well-kept 1 bedroom + spacious den home. Thoughtfully designed with a highly functional floorplan, this home makes excellent use of every square foot with virtually no wasted space. The functional U-shaped kitchen provides generous cabinetry and an efficient layout for everyday cooking and entertaining. A good-sized den offers valuable flexibility for a home office, study, or additional living space, with the walk-in pantry provides exceptional storage that is rarely found in a one-bedroom home. Enjoy panoramic views of Downtown Vancouver, the North Shore Mountains, the city and water from the home. Excellent building amenities including a two-level fitness center with sperate cardio and weight-training areas, party room, garden terrace & bike room. Book your showing now!

4815 Eldorado Mews Unit 1903, Vancouver

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2222 Prince Edward St Unit 110, Vancouver

$499,000

1 Beds ⋅ 1 Baths ⋅ R3171086 MLS® #

Amazing Walk score 99: 8 min walk to Emily. Heart of Mount Pleasant. Quite location.. Carr, 10 min walk to MEc, 20 min walk to Science world and the Sea wall, 20 min walk to vcc. Transit score 82 and bike score 87. Large one bedroom needs someone to bring it back up to speed. Original condition. Has hook up for laundry, owner never had. washer and dryer. One underground secured parking spot #54 locker #10..

2222 Prince Edward St Unit 110, Vancouver

Listing courtesy of

$449,000

1 Beds ⋅ 1 Baths ⋅ R3170008 MLS® #

UPDATED, MOVE-IN READY, & JUST STEPS TO COMMERCIAL DRIVE! This spacious 658 SQFT 1 bed suite is tastefully updated w/ engineered hardwood flooring throughout, maple cabinetry, stainless steel appliances, quartz counters, & tile backsplash. Beautifully updated bathroom w/ modern vanity, beautiful tiled shower, and soaker tub. Well-maintained boutique building w/ upgrades including roof (2011), piping (2008), enterphone (2020), copper pigtailing (2022), parking membrane (2020) and more! 1 dog or cat allowed, rentals allowed, 1 secure parking & 1 storage locker. Heat & hot water included in maint. fee. Fantastic location steps to The Drive’s shops, restaurants & cafés, an easy walk to Commercial-Broadway Station, w/ quick access to Hwy 1 & the North Shore. Open House: Sat 11-1, Sun 3-4:30.

1611 E 3rd Avenue Unit 203, Vancouver

Listing courtesy of

$239,900

1 Baths ⋅ R3170899 MLS® #

Welcome to Westsea Towers in Vancouver’s sought-after West End! This bright studio suite offers 417 sq. ft. of living space with parquet flooring, floor-to-ceiling extra-wide patio doors and a spacious balcony overlooking the outdoor pool with a pleasant treed outlook. The building has undergone extensive improvements including new windows, roof, balcony railings and exterior elastomeric paint. Enjoy the rooftop common deck with impressive 360-degree views, outdoor pool, secure covered parking and storage locker. Rentals allowed. Fantastic location just half a block from the beach and close to English Bay, Sunset Beach, shopping, restaurants and transit. Prepaid leasehold until 2073. Cash purchase required as conventional financing is not available.

1330 Harwood St Unit 503, Vancouver

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.