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D−Cost of living Grade
Property prices in Mount Pleasant · Census 2021 and Statistics Canada

88% of Mount Pleasant’s homes are apartments, against 12% for British Columbia’s towns

Owners valued the median home at $850,000 at the 2021 census, and the average at $1,084,197. Statistics Canada counted 10,140 buyers in 2023, paying a median $1,100,000. Figures for sale prices, assessed values, values by property type and building permits are published for the city of Vancouver as a whole, not for Mount Pleasant alone.

Median home value
$850K
owners’ estimate, census 2021
average $1.08M
Median sale price
$1.1M
CHSP, 2023
Median assessed value
$1.39M
all residential, 2024
New homes a year
6,111
permits, 2018–2023
19 per 1,000 homes
What homes are worth

Three ways to price a home in Mount Pleasant

Each source sits beside its own median for British Columbia’s towns; none compares across provinces, which value homes in their own ways. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since.

Census 2021$850K

median, owners’ estimate

Average
$1.08M
Owners
8,055
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$1.1M

median sale, wider area

Average sale
$1.47M
÷ buyers’ income
6.5×
Buyers
10,140
British Columbia’s towns
$682K
Assessed, 2024$1.39M

all residential

British Columbia’s towns
$671K

Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).

By type of home

Houses in Vancouver carry 3.4 times the assessment of the median for British Columbia’s towns

The 2024 assessment roll counts 203,470 homes in Vancouver, condos 52% of them.

Assessed value

Median assessment by type, 2024 the tick is the median of British Columbia’s towns

Detached houses$2.56M
Semi-detached$1.63M
Row houses$1.28M
Condos$773K
Multi-unit properties$2.18M
The mix of properties
Condos52%
Multi-unit properties21%
Detached houses19%
Row houses6%
Semi-detached3%
2,470 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)
763 sq ft
living area of the median condo
65%
of properties lived in by their owner

Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of British Columbia’s towns with their own figure; assessments compare within a province only.

The homes

More condos than most: 54% of the homes in Mount Pleasant (British Columbia’s towns: 10%)

Mount Pleasant had 20,390 occupied homes at the 2021 census. At least half predate 2001. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.

When they were built

Homes by period of construction the tick is the median of British Columbia’s towns

Before 196118%
1961–198023%
1981–200015%
2001–201530%
2016–202113%
What kind of home

Homes by kind

Single-detached houses2%
Semi-detached houses3%
Row houses2%
Flats in a duplex6%
Apartments, under 5 storeys52%
Apartments, 5+ storeys36%
Movable dwellingsunder 1%
Against the median town of the province and of Canada
Mount PleasantBritish ColumbiaCanada
Condominiums54%10%8%
Needing major repairs7%6%6%
Too small for the household7%4%3%
Households in core housing need18%10%7%

Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.

New homes

Permits in Vancouver ran at 19 homes a year per 1,000, near the 18.1 of British Columbia’s towns

Over 2018–2023, 36,663 homes were permitted in Vancouver, close to 6,111 each year. Very few were houses: 9% in single-unit buildings (British Columbia’s towns: 27%).

Permits by year, 2018–2023

A peak in 2022: 8,052 new homes

Single-unit buildingsTwo or more units
02,0004,0006,0008,00010,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Vancouver19
British Columbia’s towns18.1
The typical Canadian town13.8
$2,094M
of new residential construction a year, 2019–2023
The metro area

Down 11%: 26,358 new homes in the year to August 2026

010,00020,00030,00040,00020212022202320242025

Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021. · Area behind the monthly permits figures: the Vancouver metro area

Across British Columbia

Mount Pleasant against British Columbia’s towns: 18% over the $720,000 median

254 of British Columbia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Mount Pleasant’s neighbours by home value

Next to Mount Pleasant: 2021 census values and the share of owners.

StrathconaLittle SaigonRiley ParkYaletownSouth CambieFairviewStrathconaLittle SaigonRiley ParkYaletownSouth CambieFairviewMount Pleasant
Prices next door
TownMedian home valueAverageOwnerskm
Mount Pleasant$850K$1.08M40%
Strathcona$850K$1.02M24%1.7
Little Saigon$1.51M$1.49M55%1.8
Riley Park$2M$2.02M57%1.9
Yaletown$950K$1.2M41%2
South Cambie$1.45M$2.08M58%2.2
Fairview$900K$1.03M41%2.4

Census 2021 values; km.

Questions about property prices in Mount Pleasant

How many households in Mount Pleasant are in core housing need?

More than most: 18% of households in Mount Pleasant, where British Columbia’s towns sit at 10%.

Is Mount Pleasant expensive for British Columbia?

More than most: British Columbia’s towns have a median of $720,000, and Mount Pleasant sits above it.

Can I see individual sales or prices by street?

No. Sales are published as town figures (median, average, buyers); street-level or single sales aren’t released.

Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.

Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).