Vancouver, British Columbia
As of September 27, 2026, the median asking price in Gastown, Vancouver is $887,625, across 702 active MLS® listings.
Those listings have been on the market an average of 77 days.
250 new listings came to market in Gastown in the last 30 days.
Asking prices work out to about $1,133 per square foot, based on the 702 listings that report floor area.
Condos in Gastown are listed at an average of $1,210,361 across 660 active listings.
Townhouses in Gastown are listed at an average of $2,012,461 across 36 active listings.
Detached homes in Gastown are listed at an average of $1,110,800 across 5 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 702 active for-sale listings with a median asking price of $887,625 and an average of $1,133 per square foot, pointing to a market where pricing remains firm but selection is ample. Homes have been listed for an average of 77 days so far, and with 250 new listings added in the past 30 days, buyers may find improving negotiating leverage while investors should watch closely for price adjustments among longer-listed inventory.
AI-written commentary on the active MLS® listing snapshot as of September 27, 2026. Not financial advice.
Walk Score 97 · Transit Score 100 · Bike Score 97
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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