Champlain Heights, Vancouver Townhouse Market Report – August 2021

Champlain Heights is a planned residential community in the far southeast corner of Vancouver, BC, adjacent to Fraserview Golf Course and Everett Crowley Park. Developed largely in the 1970s, the neighbourhood features an unusual mix of townhouse cooperatives, strata townhouses, and rental apartment complexes organized around pedestrian pathways and green spaces in a design that prioritized walkability ahead of its time. The area is close to Champlain Mall and has improved transit access via the 49th Avenue bus corridor. Champlain Heights' townhouse cooperatives are particularly unique within Vancouver's housing market, offering ownership at price points well below comparable strata properties. The neighbourhood's mature trees, park access, and community character give it a distinctive identity within East Vancouver.

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10
Units Sold
$932,650
Avg Sold Price
31d
Avg Days on Market
Seller's Market
Market Condition
31 active at start of month 10 new listings Absorption rate: 32.3% Highest sold: $1,258,000 Lowest sold: $680,000

How Does August 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2021 (this report) 10 $932,650 31d
July 2021 month prior 5 +100% $798,980 +16.7% 9d +244.4%
August 2020 year ago 4 +150% $599,000 +55.7%

3-Year Price Trend — Champlain Heights, Vancouver Townhouse

The Champlain Heights, Vancouver townhouse real estate market was a Seller's Market in August 2021, with 31 active listings at the start of the month, 10 properties sold, an average sold price of $932,650, properties averaging 31 days on market, an absorption rate of 32.3%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Champlain Heights, Vancouver specialist
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Frequently Asked Questions — Champlain Heights, Vancouver August 2021

In August 2021, the Champlain Heights, Vancouver townhouse real estate market is classified as a Seller's Market with an absorption rate of 32.3%. It is currently a seller's market in Champlain Heights, Vancouver. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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