BURST
Are you a first-time buyer looking for a condo to call your own in Metro Vancouver?
While home prices keep shifting and the market is ever unpredictable, we’ve narrowed down a few listings in Metro Vancouver and beyond that could fit what you’re looking for.
Some of the things we looked for when compiling this list include the following:
• One bedroom condo/apartment
• Under $500,000
• Built in 2010 or later
• Walking distance to current or future SkyTrain, Canada Line or major bus routes
For reference, the Greater Vancouver Real Estate Board had the benchmark price of apartments listed at $757,300, as of May 2025.
Read on for a list of eight condos in Metro Vancouver listed for sale under $500,000 within walking distance to transit.
214 – 138 East Hastings St., Vancouver
Price: $339,000
Described as an “affordable 1-bedroom condo … steps away from Gastown, Historic Chinatown, restaurants, shops and transit,” there’s no question this listing has great access to downtown offerings and major bus routes. It’s a 15 minute walk to Main Street-Science World SkyTrain station.
Looking for something higher? There’s a listing in the same building on the sixth floor for $375,000 .
210 – 2520 Guelph St., Vancouver
Price: $499,000
While not quite a one bedroom, this studio unit is located in the popular Mount Pleasant neighbourhood, a seven-minute walk from the future Mount Pleasant SkyTrain station, located at Main and Broadway, that is part of the transit extension that will connect Vancouver’s east and west sides. If the neighbourhood wasn’t well positioned for car-free accessibility before, it will be soon when the station opens in 2027.
1209 – 6383 McKay Ave., Burnaby
Price: $499,000
Burnaby’s Metrotown is among some of the earlier neighbourhoods in the Metro Vancouver area that leaned into the idea of building high density near transit and retail. While the area has boomed over the past decade, there are still gems like this listing, which towers over the nearby Metrotown SkyTrain station and mall, a five-minute walk up the street.
420 – 618 Carnarvon St., New Westminster
Price: $485,000
This newly built junior one-bedroom is a six-minute walk to New Westminster’s Columbia SkyTrain station, near restaurants, retail and easy access to Westminster Pier Park. You can easily hop on the SkyTrain and be downtown in 30 minutes.
217 – 8733 160th St., Surrey
Price: $485,000
This listing could be a fit for someone who plans to use the soon-to-be-built Surrey-Langley SkyTrain. Just six minutes away on foot is the site of the future Fleetwood station at Fraser Highway and 160th Street, as well as Starbucks, restaurants, banks and shopping malls.
318 – 9611 140 St., Surrey
Price: $489,000
Prefer to go the pre-sale route? This development is marketed as being less than 100 metres from the future Green Timbers station of the Surrey-Langley SkyTrain. The development, called Parksville96, is close to shopping, business, and transit, along with amenities such as a gym, shared rooftop fireplaces, a playground, and a recreational room with TVs and foosball.
215 – 12460 191 St., Pitt Meadows
Price: $499,900
While there’s no SkyTrain in Pitt Meadows, there is a West Coast Express station and Rapid Bus route within a 10-minute walk of this listing. It’s a one bedroom plus den with 9-foot ceilings for under $500,000 — hard to find in Vancouver. It’s also conveniently located near grocery stores, theatres, and restaurants.
104 – 11882 226 St., Maple Ridge
Price: $449,000
Looking for more space, higher ceilings and a patio to call your own? This one-bedroom condo has 11-foot ceilings and a patio, over ground-level retail and is steps from Haney Place Mall — right across the street — and the transit loop for Rapid Bus and other local routes.