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Chinatown Overview

Vancouver ChinatownCanada’s largest Chinatown, among the largest in North America, is in the City of Vancouver, British Columbia, in the blocks around Main, Pender, and Keefer Streets with the Gastown and Downtown districts to the west, Downtown Eastside to the north, the residential district of Strathcona to the east, and False Creek to the south. Chinatown remains a popular tourist attraction despite the growth of the newer Chinese immigrant business district in the suburb of Richmond south of Vancouver on Lulu Island in the Fraser River. Many affluent Hong Kong and Taiwan immigrants in Richmond have developed successful Chinese businesses in the area now named Golden Village by the City of Richmond, which once proposed the name “Chinatown” only to encounter strong resistance from the original Chinatown in Vancouver and from non-Chinese Richmond residents and merchants.

Asian Influx

The Greater Vancouver Regional District received large numbers of Asian immigrants during the late 20th Century, primarily Chinese, whose population reached 300,000 by the mid-’90s. More immigrants settled in Richmond than in Vancouver Chinatown for its lower costs of living and closer distance to the Vancouver International Airport. The development of suburban Asian shopping districts with plenty of parking space like Richmond’s Aberdeen Centre, visibly impaired the business heart of historic Chinatown.

Decline

Chinatown businesses today consist mostly of working-class retailers, small groceries, tea shops, and souvenir stores. Some restaurants stand out, but there are no longer so many, and their declining numbers brought less foot traffic and nighttime activity than in former times. The 10-percent Chinatown vacancy rate shows the need for a fresh approach to development to replace businesses that have moved to suburban locations, retired, or simply closed. Redevelopment opportunities are clearly present. Chinatown lease rates from $15–30/square foot are the cheapest in the city, much lower than those in Vancouver’s Downtown shopping district.

The Vancouver Chinatown Business Improvement Area

In the 1990s, the Vancouver Chinatown Merchants Association searched for an effective vehicle for projects to revitalize the area. Gastown and Downtown Vancouver had formed business improvement areas (BIAs) with evident success. With the consent and support of merchants and property owners, the association planned to establish a Chinatown BIA.

After several attempts, the association succeeded in winning the community support necessary establish a Chinatown BIA. The Vancouver Chinatown Business Improvement Area (VCBIA) incorporated in 2000 on a model of BIAs successful in other areas of the city to improve Chinatown’s cleanliness and safety, expand and promote its events, and work with media and external partners to make Chinatown popular and prosperous again. A voluntary board of property owners and tenants manages the VCBIA. The city assists with annual funding through a special property tax like a local improvement levy. Each property’s contribution to the annual BIA budget is according to its proportionate share of the total BIA taxable value.

Information Links:

http://vancouver-chinatown.com
http://vancouver.ca/home-property-development/chinatown-revitalization.aspx

Redevelopment Prospects

A new Chinatown business plan now encourages entrepreneurs to move in to rehabilitate storefronts, attract a young crowd, and make visitors more comfortable. Attracted by low rents and heritage buildings, new businesses have moved in with owners in apartments above the shops. Chinatown’s priority now is to attract people of all backgrounds in the belief that non-traditional stores will bring a new flow of energy and income. Commercial activity is increasingly diverse with vintage stores, two art galleries, bars, and now a nightclub at the location of the former Ming’s restaurant, an attempt to bring back some of the nightlife atmosphere of the 1950s and ’60s. The diversity of new shops and businesses has created a new Chinatown image of vibrancy to compete with suburban districts and complement nearby Gastown and Downtown Vancouver.

New Chinatown Live MLS Listings

Chinatown, Vancouver, BC, Real Estate

1-10/20
  • 770 E PENDER Street in Vancouver: Mount Pleasant VE House Duplex for sale (Vancouver East) : MLS®# R2285318

    Main Photo: 770 E PENDER Street in Vancouver: Mount Pleasant VE House Duplex for sale (Vancouver East)  : MLS®# R2285318
    $3,199,900
    Multifamily
    Status:
    Active
    MLS® Num:
    R2285318
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    4,316 sq. ft.
    investors or developers take note. Prime location in trendy Mount Pleasant neighborhood, 2 side by side Duplex lot. 50' x 115. new building to be 4316sqft 4 townhouse units. Preliminary approval and plan done. construction contract in place and lined up as TURN KEY operation. Revenue property with high return or sell as strata units (details with listing agent). Walk to MAclean Park, transit and shops. All measurements to be verified by buyer if important. More details
    Listed by Amex Broadway West Realty
  • 20 133 KEEFER Street in Vancouver: Downtown VE Condo for sale in "The Keefer" (Vancouver East) : MLS®# R2275692

    Main Photo: 20 133 KEEFER Street in Vancouver: Downtown VE Condo for sale in "The Keefer" (Vancouver East)  : MLS®# R2275692
    $2,698,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2275692
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    2,418 sq. ft.
    NYC inspired exclusive heritage loft, developed in 2009. 2418 sq.ft. restored & refined home occupies the entire floor, oozing with architectural charm, blending the old world charm & modern design.Featuring:reclaimed timber beams throughout, white-out bricks, double hung windows, wide plank oak flooring, 8’9” ceilings, exceptional lighting, precisely executed kitchen by Bulthaup of Germany, outfitted w/appliances: Miele & Sub-Zero, & full height wine fridge. Massive living area allows for designer dream showroom furniture, house-sized dining, workout area & room for your most ambitious hifi system. Bathrms equipped w/Blu fixtures. 3-window sided home with floor-to-ceiling bi-folding doors seamlessly connecting the living area to a light filled courtyard/garden. Parking leased across St. More details
    Listed by RE/MAX Crest Realty
  • 3691 E GEORGIA Street in Vancouver: Renfrew VE House for sale (Vancouver East) : MLS®# R2289902

    Main Photo: 3691 E GEORGIA Street in Vancouver: Renfrew VE House for sale (Vancouver East)  : MLS®# R2289902
    $2,079,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2289902
    Bedrooms:
    8
    Bathrooms:
    8
    Floor Area:
    3,522 sq. ft.
    City views! Custom built 3 storey home of 2,838 square feet plus 2 bedroom laneway house of 684 sq ft. Home is 1 year old. The home features granite countertops, engineering hardwood floor, HRV system, radiant heating, granite countertops, legal 2 bedroom suite, potential nanny suite & bright and open floor plan. Balance of 2-5-10 home warranty included. Large island open kitchen main floor with high end Blomberg appliances and Blomberg Pro gas stove. “Below" measurements is the Lane House. School catchments Sir John Franklin Elementary and Templeton Secondary. Call now to view this awesome opportunity! Open House Aug 18 1-3pm, Aug 19 2-4pm. More details
    Listed by Keller Williams Elite Realty
  • 430 PRINCESS Avenue in Vancouver: Mount Pleasant VE House for sale (Vancouver East) : MLS®# R2293661

    Main Photo: 430 PRINCESS Avenue in Vancouver: Mount Pleasant VE House for sale (Vancouver East)  : MLS®# R2293661
    $1,599,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2293661
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,641 sq. ft.
    The home you’ve been waiting for! Hands down one of THE MOST beautifully restored Heritage B homes in the heart of Strathcona. Completely rebuilt to the highest standard in 2012. This home features 2 bedrooms up, refurbished fir floors, generous flex area in the attic, a spa like bathroom with Carrara marble tiles and heated floor for those cold winter nights. The main floor has a great flow & feel, with a private deck out front through the kitchen, high ceilings, gas fireplace, stained glass windows, all while still retaining its original character & charm. 1.5 car garage with ample storage space. Professionally landscaped garden. Very short walk to Chinatown, Gastown & Lord Strathcona Elementary School half a block away. Close to transit and shopping! OPEN HOUSE SAT AUG 11, 2pm-3:30pm More details
    Listed by TRG-The Residential Group Rlty
  • 518 KEEFER Street in Vancouver: Mount Pleasant VE House for sale (Vancouver East) : MLS®# R2269575

    Main Photo: 518 KEEFER Street in Vancouver: Mount Pleasant VE House for sale (Vancouver East)  : MLS®# R2269575
    $1,518,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2269575
    Bedrooms:
    7
    Bathrooms:
    2
    Floor Area:
    2,220 sq. ft.
    Location! Location! Location! Popular Strathcona neighborhood. Minutes to schools, bus, park, library, Chinatown. RT3 Zone. More details
    Listed by Regent Park Fairchild Rlty Inc
  • 716 E PENDER Street in Vancouver: Mount Pleasant VE House for sale (Vancouver East) : MLS®# R2261332

    Main Photo: 716 E PENDER Street in Vancouver: Mount Pleasant VE House for sale (Vancouver East)  : MLS®# R2261332
    $1,450,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2261332
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    2,462 sq. ft.
    Welcome to one of the hottest neighbourhoods in trendy Strathcona-Chinatown. This 1904 built 3 level 2460 sq ft character home has some artsy updating and is waiting to be finished with your own neat ideas to become your dream home. Features high ceilings (Main 9'6" upstairs 9", bsmt 8'9"), large rooms, open main floor, marble & wood flooring, large front porch, lane access, multi-family zoning, 5 bdrms, partly finished basement framed for an-in-law suite. Easy 3 suite potential. In the heart of Strathcona - it is steps to schools, bus, park, new library, Chinatown. Property being sold "as is where is" condition. All measurements are approximate - buyer to verify. Priced below assessed value. Open House Saturday/Sunday August 18 & 19th, 2-5 pm. More details
    Listed by Sutton Group-West Coast Realty
  • 1001 150 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "INGASTOWN" (Vancouver East) : MLS®# R2295715

    Main Photo: 1001 150 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "INGASTOWN" (Vancouver East)  : MLS®# R2295715
    $1,250,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2295715
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    841 sq. ft.
    A TRUE GASTOWN GEM. The rarest of opportunities to own a penthouse with panoramic views of the North Shore mountains, Burrard Inlet and amazing cityscape. Complete with your very own private 688SF ROOFTOP DECK with an 8 person hot tub.Words simply cannot do this home justice. You'll immediately be impressed by this air-conditioned residence with gorgeous polished concrete floors, top of the line kitchen appliances, lovely master suite with custom shower and heated flooring, garage space for 2 vehicles and 3 lockers. Another one of the many eye catching features this home offers is the floating illuminated, architectural concrete staircase leading to your rooftop Oasis. Live in the heart of Gastown, with the city's best restaurants, bars and shopping at your doorstep. This home is a absolute MUST SEE! *Open House Saturday 11th 2-4 pm More details
    Listed by Sutton Group-West Coast Realty
  • PH1007 150 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "INGASTOWN" (Vancouver East) : MLS®# R2298031

    Main Photo: PH1007 150 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "INGASTOWN" (Vancouver East)  : MLS®# R2298031
    $925,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2298031
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    790 sq. ft.
    Welcome to the INGASTOWN building! Come see this fantastic 2 bed 2 bath Penthouse unit complete with your very own private 600 SqFt ROOFTOP DECK! Some of the most incredible unobstructed views of the Downtown skyline + North Shore Mountains & Burrard Inlet. You'll immediately be impressed with the gorgeous polished concrete floors throughout, top of the line stylish kitchen appliances & open layout. This 2 year young building offers a security camera throughout, secured garage space for 1 vehicle % 1 storage locker no rental restrictions & is a pet friendly building. Live in the trendy upbeat area of Gastown, with the city's coolest restaurants, bars & shopping just outside your doorstep a real MUST SEE!! More details
    Listed by Sutton Group-West Coast Realty
  • 501 168 POWELL Street in Vancouver: Downtown VE Condo for sale in "SMART" (Vancouver East) : MLS®# R2288727

    Main Photo: 501 168 POWELL Street in Vancouver: Downtown VE Condo for sale in "SMART" (Vancouver East)  : MLS®# R2288727
    $818,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2288727
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    990 sq. ft.
    Best value in Gastown. At almost 1000 sq ft, this two bedroom with over-sized den (or 3rd bed) corner unit is drenched in light and can take your house-sized furniture. Built in 2009, SMART Gastown is a meticulously maintained boutique concrete building and cherished home to a wonderful community of residents. Workout at the gym and grab your latte and croissant at the bakery downstairs. Just steps to the heart of Gastown or to run your dog off-leash at Crab Park. One spacious parking and storage with pets and rentals allowed. Open Sunday July 29th, 2-4pm. More details
    Listed by Four Sails Realty Inc.
  • 1003 188 KEEFER Street in Vancouver: Downtown VE Condo for sale (Vancouver East) : MLS®# R2279874

    Main Photo: 1003 188 KEEFER Street in Vancouver: Downtown VE Condo for sale (Vancouver East)  : MLS®# R2279874
    $660,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2279874
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    520 sq. ft.
    Welcome to 188 Keefer by renowned Developer, Westbank. Open concept immaculately kept 1 bedroom, 1 bathroom with large balcony overlooking the beautiful water, city and mountains. Enjoy hardwood flooring, white on white gloss kitchen, Miele appliance package, Bosch W/D, designer artwork on kitchen & bathroom backs plashes. A perfect downtown residence or investment property located close to trendy restaurants, Starbucks, Chinatown, parks & mere minutes to the Downtown core. Short walks to Skytrain, T&T supermarket, cinema, and elementary school. The growth for the area is tremendous with the northeast plans for False Creek. Note: Parking available for additional monthly rental. Maintenance fee including heating and gas, so electricity bill is very low. Must see! More details
    Listed by LeHomes Realty Premier
1-10/20
Listing information last updated on August 20, 2018 at 02:12 AM (UTC)
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