• info@aedisrealty.com (604) 688-8669 Head Office: 2895 West 33rd Avenue, Vancouver, BC V6N 2G3
Advanced Search

$ 0 to $ 0

we found 0 results
Your search results

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

1-6/6
  • 703 HEATLEY Avenue in Vancouver: Mount Pleasant VE House for sale (Vancouver East) : MLS® # R2236851

    Main Photo: 703 HEATLEY Avenue in Vancouver: Mount Pleasant VE House for sale (Vancouver East)  : MLS® # R2236851
    $998,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2236851
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    1,153 sq. ft.
    Prime Strathcona corner lot with building permits ready to go! Located across from MacLean Park, this home is surrounded by gorgeous turn of the century character homes, within walking distance of many amenities. The property sits above street level, giving it privacy and a tremendous outlook. Viewings will be by private showings only, please call listing agent for more details. More details
    RE/MAX Crest Realty
  • 1509 188 KEEFER Street in Vancouver: Downtown VE Condo for sale in "188 KEEFER" (Vancouver East) : MLS® # R2227763

    Main Photo: 1509 188 KEEFER Street in Vancouver: Downtown VE Condo for sale in "188 KEEFER" (Vancouver East)  : MLS® # R2227763
    $935,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2227763
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    850 sq. ft.
    RARE & SOUGHT AFTER 3 BDR / 2 BATH, VIEW UNIT in a Westbank Development in the heart of the historic Chinatown. Best of the best in location, architecture, quality in construction and interior finishing. Very open and efficient floor plan with 850 sf in a BRIGHT CORNER, overlooking the roof garden, great view of city, mountains and more. You will be impressed by the deluxe white cabinetry and stainless steel appliances, beautiful laminate flooring, big windows and a balcony off the living room and a bedroom. Building is fully rainscreen, geothermal and hot water heating is included in the maintenance fees. Services include a live-in caretaker, an exercise center, bike storage, common area with kitchen, garden and BBQ area. More details
    Sutton Group-West Coast Realty
  • 801 168 POWELL Street in Vancouver: Downtown VE Condo for sale in "SMART" (Vancouver East) : MLS® # R2234284

    Main Photo: 801 168 POWELL Street in Vancouver: Downtown VE Condo for sale in "SMART" (Vancouver East)  : MLS® # R2234284
    $784,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2234284
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    981 sq. ft.
    "SMART" GASTOWN LIVING, BY Concord Pacific. Open concept SW corner-BRIGHT AND SUNNY. Juliet balcony to allow for free airflow. Amenities include: meeting room, fully equiped gym with Yoga/Pilates studio, art room/workshop. Enjoy the 2nd floor lush landscaped central courtyard. This building is a Busby, Perkins and Will Architects design, engineered to keep maintenance fees down for residence and investors. Great location with proximity to to shopping, transit business district and entertainment and dining. Current rental $2,430/mth. Excellent residential or investment opportunity. Available Mar 1, 2018. OPEN HOUSE SAT FEB 17 2PM TO 4PM. More details
    Macdonald Realty
  • 305 168 POWELL Street in Vancouver: Downtown VE Condo for sale in "SMART" (Vancouver East) : MLS® # R2234776

    Main Photo: 305 168 POWELL Street in Vancouver: Downtown VE Condo for sale in "SMART" (Vancouver East)  : MLS® # R2234776
    • Front of the building
    • Spacious Living Room
    • Living Room
    • Living/Dining Room
    • Dining Room
    • Kitchen
    • Kitchen
    • Bedroom
    • Bedroom
    • Entry
    • Bathroom
    • Balcony
    • Balcony view
    • Gym
    $639,888
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2234776
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    740 sq. ft.
    Welcome to SMART! Built in 2009 this modern home has European style kitchen with stainless steel appliances and ample counter space. The home boasts spacious rooms and lots of light in the bedroom as designed by the frosted glass separator. This is a dream location for anyone taking public transit with bus and train being within walking distance, plus, SMART is also conveniently located close to shopping, restaurants, downtown & hip neighborhoods - Chinatown and Gastown! This home is an opportunity you don't want to miss. Pics to be up by Monday. Property is rented thru May 2018. Property has new floors, window blinds & LED lights. This property shows well. More details
    Sutton Group-West Coast Realty
  • 403 718 MAIN Street in Vancouver: Mount Pleasant VE Condo for sale in "GINGER" (Vancouver East) : MLS® # R2239367

    Main Photo: 403 718 MAIN Street in Vancouver: Mount Pleasant VE Condo for sale in "GINGER" (Vancouver East)  : MLS® # R2239367
    $599,900
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2239367
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    661 sq. ft.
    Welcome to Ginger! This concrete boutique building is perfectly located steps from the Seawall, Transit, Chinatown, and trendy eateries. This modern condo has an efficient design. The kitchen boasts a stone countertop, undermount sink, gas stove, compact dishwasher and vertically opening upper kitchen cabinets. The large bathroom has tonnes of storage and leads to a modern bedroom with bamboo flooring and glass walls that transition to give you a variety of options. The living room boasts a west facing wall of windows and leads out to a large balcony. Rentals allowed and 2 pets ok! More details
    RE/MAX City Realty
  • 611 138 E HASTINGS Street in Vancouver: Downtown VE Condo for sale in "SEQUEL 138" (Vancouver East) : MLS® # R2240040

    Main Photo: 611 138 E HASTINGS Street in Vancouver: Downtown VE Condo for sale in "SEQUEL 138" (Vancouver East)  : MLS® # R2240040
    $558,750
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2240040
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    737 sq. ft.
    Large 737 sf one bedroom and den at Sequel 138, located DT and steps to Gastown and Chinatown. The building was completed in December 2015 and this home is one of the largest floor plans in the complex. Tope level unit with 10-12 foot ceilings and fantastic views of the North Shore Mountains. Extra large open concept master bedroom with more than enough space for a home office. Efficient layout that makes this unit a great home or rental property. Enjoy the community urban garden and common outdoor courtyard with harvest table and BBQ. There is one secure parking spot and the building has two large bike rooms. Call or email for viewing. More details
    RE/MAX Crest Realty and Sutton Group-West Coast Realty
1-6/6
Listing information last updated on February 21, 2018
powered by myRealPage.com

Compare Listings