Flats in Vancouver are very expensive, but if you’re interested in buying a home or flat, here are the approximate costs.
Where to find apartments to buy
REW MLS® Listings: Real Estate for Sale & Rent in Canada
The best mortgage calculator
Salary needed to buy
I took this from https://wowa.ca/buying-house-in-vancouver, this is averages and from one site.
Minimum Income to Buy an Average Condo Apartment in Vancouver:
$164,557
Average Price: $822,783
Minimum Income to Buy an Average Home in Vancouver:
$263,737
Average Price: $1,318,687
Minimum Income to Buy an Average Attached Home in Vancouver:
$256,298
Average Price: $1,281,491
Minimum Income to Buy an Average Detached Home in Vancouver:
$441,538
Average Price: $2,207,689
Downpayment
5% downpayment for under $500k
10% downpayment for more than $500k
Next steps
How to find an apartment to rent in Vancouver instead of buy:
Rent an apartment in Vancouver (Updated for 2025)