Killarney Real Estate & Neighbourhood Information

A Peaceful Multicultural Oasis.

Quiet, conservative and diverse, the Killarney neighbourhood in East Van was one of the last areas in the City of Vancouver to be developed. Up to the end of the World War II, it was home to mostly second growth forest and farmland. Even today, a small orchard of apple trees near the corner of 54th Avenue and Tyne Street can be found. Traditionally an Irish immigrant enclave, today Chinese, Korean, Vietnamese, Carribean and Filipino citizens play a significant part in this multicultural neighbourhood. A short stroll along Kingsway in its north east corner proves this point.

Schools

A total of four Vancouver School Board elementary schools are located in the community including Waverly, MacCorkindale, Sir Charles Kingford-Smith and Dr. George M. Weir, offering classes from all-day kindergarten to Grade 7. Killarney Secondary located on 41st Avenue is the largest secondary school in Vancouver and is highly regarded for its varied Fine Arts Program.

Location

Killarney is located on the south eastern side of Vancouver, with boundaries of East 41st Avenue to the north, East 54th Avenue to the south, Victoria/Argyle to the west and Boundary Road to the east.

Housing

Numerous less expensive homes and townhomes in Killarney have made this East Van enclave a haven for raising families in the heart of the metropolis. Because many of the older single family homes in Killarney were constructed in the post-war era, heritage properties in the neighbourhood include 1920s farmhouses. The community is also home to Vancouver’s very first housing co-operative built in 1970. Exciting new townhomes coming soon to Killarney include Avalon Mews built on the old Avalon Farm heritage property.

Recreation

At the heart of Killarney in Vancouver is the Killarney Community Centre with fitness centre, leisure pool and ice skating rink. The neighbourhood is well populated with green spaces and city parks, reflecting its forest history. Nearby is one of the best kept secret hideaways in the city in Everett Crowley Park, the magnificent reclaimed landfill, a green sanctuary and the 5th largest park in Vancouver with secluded trails ideal for walking, cycling and dog walking.

Shopping and Restaurants

You can’t live in Killarney without paying a visit to Champlain Square Mall, which includes a large grocery store, fresh produce market, Starbucks, financial institutions and a community public library. Great eating can be found on Kingsway that dissects the north east section of Fraserview with a wide variety of Chinese, Japanese and Vietnamese cuisine.

Video
Neighbourhood Resources

Killarney Video

Below is a list of external links to websites that contain useful information about the Killarney neighbourhood.

Killarney Community Centre
City of Vancouver site.
Sushiful
A wide selection of delicious sushi, sashimi, maki, and nigiri.
Neighbours Restaurant
"We aim to capture the zest of life."

Killarney Active Listings Summary | as of May 14, 2021

The table shown below is a current snapshot of all the active listings in Killarney, segmented by residential property types. The second column is a calculation of the current median asking price, while the third column is the summed total of all active listings for the related property type. Please note that this table is updated every 24 hours.

Quick Tip: Gain instant access to all of the related listings by selecting a row in the table and pushing the button below.

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Killarney MLS^® HPI Benchmark Prices | April, 2021

Current Benchmark Price (1 Storey Detached):
$1,538,400

The MLS® HPI Benchmark Price shown above represents the current expected sales price for a typical or “Benchmark” 1 Storey Detached home in Killarney.

The MLS® HPI takes into consideration what averages and medians do not – items such as lot size, age, number of rooms, etc. The most commonly traded set of these attributes describes the composite of the typical or ‘benchmark’ property type in a given area. Prices paid for homes with these attributes determine benchmark home prices.

Historical Benchmark Price Changes (1 Storey Detached)

Current Benchmark Price (2 Storey Detached):
$1,681,200

The MLS® HPI Benchmark Price shown above represents the current expected sales price for a typical or “Benchmark” 2 Storey Detached home in Killarney.

Historical Benchmark Price Changes (2 Storey Detached)

Current Benchmark Price (Apartment):
$534,300

The MLS® HPI Benchmark Price shown above represents the current expected sales price for a typical or “Benchmark” Apartment home in Killarney.

Historical Benchmark Price Changes (Apartment)

Current Benchmark Price (Single Family Detached):
$1,592,500

The MLS® HPI Benchmark Price shown above represents the current expected sales price for a typical or “Benchmark” Single Family Detached home in Killarney.

Historical Benchmark Price Changes (Single Family Detached)

Current Benchmark Price (Townhouse):
$627,900

The MLS® HPI Benchmark Price shown above represents the current expected sales price for a typical or “Benchmark” Townhouse home in Killarney.

Historical Benchmark Price Changes (Townhouse)

Killarney Market Trends

The MLS® Home Price Index is modelled on the Consumer Price Index (CPI) which measures the rate of price change for a basket of goods and services including food, clothing, shelter, and transportation. Instead of measuring goods and services, the HPI measures the change in the price of housing features. Thus, the HPI measures typical, pure price change (inflation or deflation).

The graph below charts the historical Home Price Index
over a 3 year period.

Quick Tip: Click on a property type in the chart’s legend to dynamically remove or add that line to the chart.