Vancouver, British Columbia, Canada
As of September 7, 2026, the median asking price in Gastown, Vancouver is $849,900, across 871 active MLS® listings.
Those listings have been on the market an average of 145 days.
192 new listings came to market in Gastown in the last 30 days.
Asking prices work out to about $1,196 per square foot, based on the 859 listings that report floor area.
Condos in Gastown are listed at an average of $1,240,625 across 620 active listings.
Commercial properties in Gastown are listed at an average of $281,936 across 96 active listings.
Detached homes in Gastown are listed at an average of $5,135,242 across 45 active listings.
Homes in Gastown are listed at an average of $2,529,736 across 43 active listings.
Gastown is one of Vancouver’s oldest and most distinctive urban neighbourhoods, defined by heritage brick-and-timber architecture, cobblestone streets, and a dense mix of boutique retail, restaurants, galleries, tech/creative offices, and nightlife. Housing is dominated by loft-style and newer condo apartments with limited family-oriented ground-oriented stock; residents skew toward young professionals, couples, and downsizers who prioritize walkability and an urban lifestyle. The area’s character and tourism draw support strong short- and long-term rental demand, but investors should factor in higher building/strata fees typical of heritage conversions and downtown towers, plus occasional noise and street-disorder impacts that can affect tenant profiles and resale liquidity on specific blocks.
Amenities are excellent: immediate access to Downtown, Waterfront, Coal Harbour, and the Seawall via short walks/bike routes, plus nearby groceries and daily services concentrated toward Water Street, Cordova, and the Downtown core. Transit is a major strength—Waterfront Station (SkyTrain Expo/Canada Lines, SeaBus, West Coast Express) is adjacent, and multiple bus routes serve the area, making car-free living practical and supporting stable rental absorption. Schools in the immediate neighbourhood are limited compared to family districts (most options are in surrounding Downtown/Crosstown/Strathcona catchments), reinforcing a renter base that is largely adult and transit-oriented. Real estate trends tend to track Downtown Vancouver condos: pricing is supported by scarcity, heritage appeal, and proximity to employment nodes, while yields are typically compressed by high purchase prices and strata costs; over the past year, demand has been steady but price growth has been more muted than in some suburban markets.
Gastown currently has 600 active for-sale listings with a median asking price of $859,000 and an average of $1,199/sqft, offering buyers a wide range of options but at premium urban pricing. With homes averaging 177 days on market and 120 new listings added in the past 30 days, conditions look more inventory-rich and negotiation-friendly than a fast-moving market, which may appeal to investors prioritizing selective entry points and value discovery.
Walk Score 97 · Transit Score 100 · Bike Score 97
The median asking price in Gastown, Vancouver is $849,900, across 871 active MLS® listings as of September 7, 2026. The average asking price is $1,417,371. These are list prices on homes currently for sale, not sale prices.
There are 871 active MLS® listings in Gastown, Vancouver as of September 7, 2026. 192 of them came to market in the last 30 days.
Homes currently listed in Gastown, Vancouver have been on the market an average of 145 days as of September 7, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 871 homes currently listed in Gastown, Vancouver, 71% condos, 11% commercial properties, 5% detached houses, 4% townhouses.
Gastown has a Walk Score of 97 out of 100, which Walk Score classifies as a Walker's Paradise — daily errands do not require a car. Transit Score is 100. Bike Score is 97.
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Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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