South Granville & Granville Island
Photo: Ariana Gillrie
A far cry from the late 19th-century campground it once was, the historic neighbourhood of South Granville is now a major shopping district, a veritable playground of clothing boutiques, home design stores and salons (hello, Aveda’s Civello!) for the ladies who lunch. That’s not to say all sense of history has been stripped from the ’hood, though: here you’ll find a selection of art galleries and antique dealers, as well heritage brick apartment buildings and character storefronts.
Real Estate: Idyllic Haven in Short Supply
“Shaughnessy North” is the moniker some use for this tony zone, where empty nesters and upscale downsizers have flocked for its condos with water views, tasteful townhomes, walkability and mix of clothing shops, design stores and foodie havens. It’s also a top spot for seniors who still want to be in the heart of the action without having to cross the bridge into downtown. Well-managed concrete buildings add to the allure, but low supply and a lack of new developments have sent prices sky high—as much as $1,300 per square foot. “Real estate is very challenging to get there,” says realtor Clair Rockel. “I’ve had clients move in and get letters saying, ‘I want to buy in your building. Please call me if you’ve got something.’” And detached homes? That ship has sailed, with benchmark prices rising more than 240 percent in the last decade.
Did you know?
The Stanley theatre has had a tumultuous history since opening as a movie house in 1930. It closed in 1991 and was nearly torn down, but a group of dedicated citizens brought it back to life in 1997 and had it retrofitted for live performances.
Median Age of Residents: 37.6
Average Monthly Rent: $1,072
Avg. Total Household Income: $56,517