Crosstown Vancouver is between Pender Street and Expo Boulevard from north to south and between Beatty Street and Main Street from west to east. At the western edge is the Downtown business district with the False Creek inlet on the South. Crosstown’s northern and eastern edges meet historic Gastown and Chinatown.
Crosstown Vancouver has welcomed high-quality development over recent years. This policy has given the area many residential real estate opportunities. The variety of Crosstown amenities attracts buyers from all professions and backgrounds. Crosstown has a growing night life scene of new ventures to entertain a steadily rising real estate market. In a new community in a prime location, Crosstown Vancouver property prices have not yet risen to levels of its Gastown neighbours, but it is only a matter of time until they do.
Why It’s Hot Property
There are many reasons why Crosstown Vancouver real estate has seen such substantial growth and development over the past 10 years and why buyers should invest in an area sure to grow more in the near future. There are now 25 residential buildings in Crosstown, three more to be completed within the next two years, and a handful more in the next five to ten years. Most of the 25 post-date the Leaky-Condo Era of the ’80s and ’90s. and the remainder are now rain-screened.
In the next few years Concord Pacific Developments will transform the rest of the land between Crosstown and False Creek with ten new commercial/ residential development sites and a very large space for park land. The Georgia Street Viaducts may come down and, if they do, even more park space will accrue to this quickly changing Crosstown corner.
Crosstown is a term coined by realtors but starting to catch on with the public as the name of the new cross area of Downtown Vancouver between Gastown and Chinatown. It is a small pocket of late developments that will be increasingly popular for mid- to long-term investment as the Downtown East Side gentrification continues. Three new developments and two not so new make up most of the area. Newest are the Taylor, the Firenze, and the Espania. The older two are International Village and The Europa, both around 10 years old.
The great thing about Crosstown is its location literally steps away from GM Place, BC Place, Costco, Tinsletown Shopping Centre/Movie Theatre, Gastown, the Skytrain Stadium Station, and the False Creek Seawall. Andy Livingstone Park covers a large central part with a tranquil water feature and an all-weather sports field.
Its Entrepreneurs
In between Downtown and historic Gastown, Crosstown quietly makes a name for itself as Vancouver’s hippest hidden gem, a mix of influences from all its neighbours with a distinct flavour of its own. Chambar owners Nico and Karri Schuermans are royalty in Crosstown. First they opened their world-class Belgian restaurant on Beatty Street between Pender and Dunsmuir. Then in 2008, they opened Café Medina, the hottest brunch spot in town. Most recently, they joined with chef David Robertson to open the Dirty Apron Cooking School and gourmet delicatessen.
But this cluster of culinary hot spots is not all that’s elevating this neighbourhood. Converted warehouses are now mid-luxury lofts, and chic home-decor stores have opened to furnish them. Robert Quinnell, co-owner of Provide, a Beatty Street home-accessories store, carries Martha Sturdy wall sculptures, formidable acid-on-steel images priced from $3,600 to $8,400. Besides great art, Quinnell carries functional multipurpose pieces.
Welcome to your dream townhouse in the Heart of the City. Enjoy over 979 sq ft of outdoor living space with your own backyard, or plant your garden on your private rooftop! This 2 bedroom, 3 bathroom, 1198 sq ft townhouse is in amazing condition. It feels like an urban oasis with tree lined pathways, water features and is surprisingly quiet. Open concept kitchen features S/S appliances, granite counters, new bathrooms light fixtures, custom cabinetry, blinds and more. Espana offers amazing amenities which include - indoor swimming pool, hot-tub, sauna, four party rooms, library and 24 hour concierge service, 97% walk score, steps to restaurants, seawall, shopping, Rogers Arena, BC Place, Gastown, Chinatown, Costco, T&T and more. Short-term rentals allowed!More details
FIVE FIFTY on Beatty! The loft conversion building admired by true loft enthusiasts. This suite offers almost 1400sqft, 11.5 ft ceilings, gorgeous fir beams, large wood casement windows/french doors & a sunny west facing balcony. A gorgeous spiral staircase w/ leather treads is a focal point & anchors the suite - main floor has an open plan living/dining w/gas fireplace & an updated kitchen w/commercial style gas range. Upper floor has a huge bedroom space, flex space and spa-like ensuite bathroom to relax & recharge. Includes storage & an oversize secure parking space. Pet friendly (bylaw change now allows 1 DOG & 2 CATS). Common rooftop patio with gardens, lounging & bbq areas to mingle with neighbours. Chambar, Jam Cafe, The Dirty Apron outside your door.More details
An end unit townhouse unlike any others in Downtown Vancouver with a huge rooftop deck!!!!! Centrally located by the side of Rogers Arena, walking distance to sky train, Costco, T&T, library and Chinatown. Renovation made in 2016. This amazing townhouse comes with THREE patio/deck!!!!!! Each level has its own outdoor space!!!! Bright modern open concept with 11' high ceiling in main floor living areas. Quartz counters, Kitchen Aid appliances and lots of storage. This is the hidden treasure in downtown Vancouver, quiet living environment with a few steps into heart of Vancouver. A MUST SEE!!! YOU CAN ENJOY THE SUNSET AND THE VIEW OF VANCOUVER ON YOUR OWN ROOFTOP!!!More details
LOCATION, LOCATION + SPECTACULAR VIEW. This unit has it all. Live the downtown lifestyle while just steps from the unique SEAWALL that lines VANCOUVER's waterfront. 2 balconies, 2 side x side parking, 2 side x side lockers, and central a/c (1 of 6 in the whole building). Renovations by contemporary designer include: white stormy sea marble on the floors and walls , pre-wiring in-wall speakers , oversized Kohler medicine cabinets, motion activated led lighting, modern sliding glass doors, ultra high quality engineered flooring, motorized blinds and 95'' projector screen. Best corner layout, Airbnb friendly, and steps away from the sea wall, Costco, T&T, Crosstown Elementary School and Skytrain. Chosen by the building's Architect. Don't miss it.More details
Rarely available and highly sought-after commercial live/work loft in historic Koret Lofts, a century-old, remade warehouse located in the heart of bustling Gastown. This 1,743 SF loft has those New York vibes coupled with heritage charm, offering 18' ceilings, all original fir beams, brick wall, and wood floors, as well as finished concrete throughout. Comes with in-suite laundry and one secure parking. Gastown's 'it' building, known for its tight-knit community and well-managed strata. Potential cash cow opportunity - this is one of Vancouver's few fully-approved buildings, allowing Airbnb rentals. Guests will love walking down the cobblestones to the area's highly-rated shops, restaurants, and cafes. This ground-level home has endless opportunities.More details