Shaughnessy Real Estate
Shaughnessy Overview
There are neighbourhoods in Vancouver that carry a particular kind of weight. This isn’t the weight of trendiness or recent transformation, but the kind that comes from decades of quiet confidence. Shaughnessy is that neighbourhood. Developed in the early twentieth century as the Canadian Pacific Railway’s prestige residential district, it has never needed to reinvent itself. The deep lots, the mature tree canopy, the architectural variety that ranges from Tudor revival to Arts and Crafts to significant contemporary builds which overall exists within a neighbourhood that has consistently represented one of the highest expressions of residential Vancouver.
Buyers who come to Shaughnessy are not typically discovering it for the first time. They have usually been aware of it for years and arrive having already eliminated other options. The question for most is not whether Shaughnessy is right for them, but which part of it, and at what point in their lives the move makes sense.
What the Neighbourhood Actually Feels Like
Walking Shaughnessy is a different experience from walking almost anywhere else in Vancouver. The streets are broad and curving. This is deliberately so, by design and the properties are set back from them in a way that creates a genuine sense of space and privacy that no amount of square footage inside a tower can replicate. The canopy overhead in summer is exceptional. The neighbourhood is quiet in the way that only comes from density that has been carefully controlled across generations.
The housing stock reflects over a century of architectural ambition. The grandest properties in First Shaughnessy occupy lots that would be subdivided anywhere else in the city, with homes that were built to impress and have been maintained accordingly. Further south the character shifts and the lots remain generous, the architecture remains interesting, and the price points become more accessible without sacrificing the fundamental qualities that make the neighbourhood what it is.
Shaughnessy is centrally located in a way that surprises people who haven’t spent time there. Downtown is close. The best private schools in the city are either in the neighbourhood or immediately adjacent. Granville Street’s retail corridor is walkable. The neighbourhood delivers genuine urban convenience wrapped in a residential character that feels entirely removed from urban density.
The prestige tier of the neighbourhood is First Shaughnessy real estate, where lots routinely exceed 15,000 square feet, the heritage inventory from the CPR era remains largely intact, and the planning overlay governs alterations more actively than in any other section. Buyers and sellers working at this level will find a detailed breakdown of what the heritage overlay means in practice, how to assess condition on these properties, and how the current Buyer's Market applies to the First Shaughnessy price range.
Between 16th Avenue and King Edward, Second Shaughnessy real estate offers the widest architectural range in the neighbourhood, from estate-sized original homes to updated properties and purpose-built contemporary construction on Shaughnessy lots. The heritage overlay is lighter here on most properties, which makes Second Shaughnessy a natural focus for buyers who want the address with more renovation latitude than First Shaughnessy typically provides.
South of King Edward, Third Shaughnessy real estate provides the most accessible entry into the neighbourhood while preserving the lot sizes, street character, school catchments, and planning framework that define the Shaughnessy address. Families who want to establish a position in the neighbourhood before considering a larger commitment in the upper sections, as well as buyers seeking renovation opportunities within the Shaughnessy framework, find Third Shaughnessy a natural starting point.
The Market in Plain Terms
Shaughnessy offers more product diversity than its reputation might suggest. The condo segment, while not large, exists primarily in boutique low-rise buildings and carries a current median around $1.4 million. Such properties attract buyers who want the Shaughnessy address and proximity to its schools and amenities without the carrying costs of a detached home.
Townhomes sit at a current median around $1.9 million. Inventory in this segment is genuinely limited, which means well-positioned townhomes in good condition tend to move with more urgency than the broader market would suggest.
The detached market is where Shaughnessy’s full character and pricing power emerge. The current median sits around $5.9 million, with considerable variance depending on location within the neighbourhood, lot size, architectural significance, and the quality and recency of any renovations. The range runs from substantial character homes on standard Shaughnessy lots in the $3 to $4 million range through to significant estate properties on the largest lots that can reach $20 million and well beyond for the finest properties in First Shaughnessy.
It is worth understanding that Shaughnessy’s detached market operates somewhat independently of broader Vancouver market conditions. The supply of genuinely significant properties is structurally limited and there are only so many grand homes on large lots in a neighbourhood of this character. Hence, the buyers for those properties are drawn from a global pool. This does not insulate the market entirely from broader conditions, but it does mean that the dynamics here differ meaningfully from the west side detached market generally.
Current conditions reflect elevated inventory relative to the peak years and a more considered buying pace, which for prepared buyers with clear criteria represents a better environment than 2021 or 2022. The quality of what is available in the upper end of the detached market particularly is worth serious attention.
Sellers preparing to list in the current environment will find specific guidance on pricing strategy, presentation standards, and buyer profile analysis in the companion guide to selling a home in Shaughnessy. The guide addresses why the current Buyer’s Market requires a different approach than recent years, what the 94 percent sale-to-list ratio means in practical terms, and how days on market affects subsequent negotiations when a property is not priced accurately at the outset.
What to Consider Before You Buy
In the condo and townhome segments, strata due diligence follows the same pattern as elsewhere. Consider depreciation reports, reserve fund health, special levies, rental bylaws, and an honest assessment of the building’s maintenance history. Many of Shaughnessy’s smaller strata buildings are older, and the same capital expenditure windows that affect buildings across the west side apply here.
The detached market in Shaughnessy requires a different kind of attention. The neighbourhood’s older homes represent some of the most architecturally significant residential stock in Vancouver, and that significance cuts both ways. A grand character home that has been properly maintained and thoughtfully updated is a genuinely rare asset. One that has been neglected, or updated without sensitivity to its architecture, requires a careful assessment of what restoration or renovation would actually cost at the price levels involved.
Lot values in Shaughnessy, particularly in the northern sections, are substantial on their own. This means the relationship between land value and improvement value is something buyers need to understand clearly before making an offer. At certain price points you are buying primarily for land and location, and the structure above it is secondary to that calculation.
Title searches in Shaughnessy should be thorough. The neighbourhood has a layered history of covenants, easements, and restrictions that can affect what is possible on any given property. Understanding what a title actually permits before rather than after an offer is written is not optional at these price points.
Shaughnessy holds the largest concentration of early twentieth century residential architecture in Metro Vancouver, and the planning framework that governs it is a distinct area of knowledge for anyone buying or selling a designated property. A full overview of what heritage designation means in this neighbourhood, covering the ODP, designation categories, renovation scope, and available financial incentives, is available in the guide to Shaughnessy heritage homes.
School catchments are among the most cited reasons family buyers target this neighbourhood specifically. For a detailed look at which elementary and secondary schools serve each part of Shaughnessy, how catchment boundaries relate to the three sections, and what needs to be confirmed by address before any purchase decision is finalized, see the guide to Shaughnessy schools.
Is Shaughnessy Right For You?
Shaughnessy suits buyers who are looking for something that cannot be built new elsewhere in the city. Consider the combination of architectural heritage, established landscape, generous lot sizes, central location, and the particular quality of neighbourhood that only comes with age. For the buyers it suits, it tends to represent a permanent answer rather than a stepping stone.
It does not suit buyers who want the walkable amenity density of Yaletown or Kitsilano, or buyers whose primary interest is modern construction on a standard lot. Shaughnessy asks for a specific kind of appreciation for what it is, and it rewards that appreciation consistently. Additional information for comparing the major Vancouver luxury neighbourhoods can be found here.
If you are considering Shaughnessy, I’d welcome a conversation about where the value sits in the current market, which properties represent genuine opportunity, and how to approach due diligence at the price levels this neighbourhood commands. Getting the property right which includes the lot, the architecture, the covenant position, and the renovation history matters enormously here.
Shaughnessy Homes and Condos For Sale
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1420 W 38th Avenue in Vancouver: Shaughnessy House for sale (Vancouver West) : MLS®# R3154990
1420 W 38th Avenue Vancouver V6M 1R5 
$2,730,000Residential- Status:
- Active
- MLS® Num:
- R3154990
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 2,198 sq. ft.
Located in prestigious Shaughnessy, 1420 West 38th Ave offers an exceptional opportunity on a flat lot featuring a desirable, wide frontage. Situated within a highly sought-after top school catchment, this premier property delivers unbeatable value and outstanding future potential. A fantastic site for discerning buyers, contractors, and visionary developers to design and build a custom dream residence in one of Vancouver’s most coveted, quiet, and established neighborhoods. Bring your builder to unlock maximum land value and create a masterpiece in an unbeatable location. Don’t miss this incredible building opportunity! More detailsListed by RE/MAX Real Estate Services
- Bruce Hiatt
- Oakwyn Realty Ltd
- 6048188185
- bruce@hiatt.com
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1270 Wolfe Avenue in Vancouver: Shaughnessy House for sale (Vancouver West) : MLS®# R3154282
1270 Wolfe Avenue Vancouver V6H 1W1
$4,688,000Residential- Status:
- Active
- MLS® Num:
- R3154282
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 4,632 sq. ft.
Exceptional opportunity on prestigious Wolfe Ave. in the heart of Shaughnessy! Situated on an impressive 14,050 sq. ft. lot with beautiful mountain views, this property offers endless possibilities. Zoned FSD, the existing residence features over 4100 sq ft with 4 bedrooms, 4 baths, 3 wood burning fireplaces, and two staircases. The home requires updating- sold as is where is- but offers excellent potential to renovate, rent and hold, build your dream home, laneway, or possible multi dwellings. First time on the market in over 48 years! A rare opportunity to own a substantial property in Vancouver’s most distinguished and sought-after neighbourhoods. More detailsListed by Heller Murch Realty - Bruce Hiatt
- Oakwyn Realty Ltd
- 6048188185
- bruce@hiatt.com
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1799 Cedar Crescent in Vancouver: Shaughnessy House for sale (Vancouver West) : MLS®# R3153158
1799 Cedar Crescent Vancouver V6J 2R1
$5,980,000Residential- Status:
- Active
- MLS® Num:
- R3153158
- Bedrooms:
- 6
- Bathrooms:
- 8
- Floor Area:
- 6,475 sq. ft.
Welcome to this First Shaughnessy mansion, completely renovated in 2005. This outstanding property features over 7000 sf of living area, in the finest area of Vancouver. Completely renovated with new wiring, plumbing and heating systems. this spectacular home is situated on a large 100 x 125 lot and self contained suite on the lower level. Hardwood floors and wood panel throughout, the elegant yet functional layout that provides 8 bedrooms, 7 bathrooms, family room and office in the main living area of the home. This corner lot is bright and sunny, but provides security behind a high cedar hedge, perimeter fencing, and security systems. tenanted, Please allow time for showing More detailsListed by Royal Pacific Realty Corp. - Bruce Hiatt
- Oakwyn Realty Ltd
- 6048188185
- bruce@hiatt.com
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1516 Balfour Avenue in Vancouver: Shaughnessy House for sale (Vancouver West) : MLS®# R3152322
1516 Balfour Avenue Vancouver V6J 2T9
$3,680,000Residential- Status:
- Active
- MLS® Num:
- R3152322
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 4,088 sq. ft.
First Shaughnessy Hidden Gem. An elegant 4088 sf RENOVATED English Tudor on a massive 103.6×120=12432sf level property. This resident was totally renovated in 2015 with mechanicals, new kitchen, baths, draintiles, garage and a finished basement. Large principle rooms on the main, 4 bdrms and 2 baths upstairs and one more bedroom and a rec room in the basement. Central First Shaughnessy location, close to top schools: York House, LFA, Shaughnessy Elem. Short drive to St. George’s, Crofton & UBC, DT & YVR. Oil tank was removed in 2015. Lovingly cared for and meticulously maintained, this family home is move-in ready. Showings by appointment only. More detailsListed by Sutton Group-West Coast Realty - Bruce Hiatt
- Oakwyn Realty Ltd
- 6048188185
- bruce@hiatt.com
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2087 W 18th Avenue in Vancouver: Shaughnessy House for sale (Vancouver West) : MLS®# R3151151
2087 W 18th Avenue Vancouver V6J 2N7
$4,280,000Residential- Status:
- Active
- MLS® Num:
- R3151151
- Bedrooms:
- 7
- Bathrooms:
- 5
- Floor Area:
- 4,106 sq. ft.
Distinguished Shaughnessy Home! Offering more than 4,100 sq. ft. across three levels, this 7 bedroom, 5 bathroom residence sits on a 7,020 sq. ft. lot corner property surrounded by mature gardens. Hardwood flooring, custom woodwork, air conditioning and clawfoot tubs lend warmth and architectural character throughout. The upper level features 3 bedrooms + office, including a serene primary retreat overlooking the mountains and evening sky. Downstairs, a generous recreation area and separate guest room provide flexibility for gatherings, visitors or everyday living. Ideally positioned near several of Vancouver’s leading schools, in one of the city’s most sought after enclaves. More detailsListed by FaithWilson Christies International Real Estate - Bruce Hiatt
- Oakwyn Realty Ltd
- 6048188185
- bruce@hiatt.com
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4625 Connaught Drive in Vancouver: Shaughnessy House for sale (Vancouver West) : MLS®# R3151401
4625 Connaught Drive Vancouver V6J 4E3
$5,990,000Residential- Status:
- Active
- MLS® Num:
- R3151401
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 5,297 sq. ft.
Rarely available and one of the most attractive property on desirable Connaught Drive in prime Shaughnessy, impressive and beautiful tree lined street.Perfect lot size of 12,757.92 sqft (85′ x 150.’) facing South-East. Both building plan is available for build one single luxury home and six multi-family homes.Current house is in great livable condition and offers 5297sf living area, spacious 5 bdrms, 3.5 baths, bright kitchen overlooking beautiful garden, covered big sound deck for family, entertaining,private backyard with lane access. Best school Catchments: Shaughnessy Elementary, Prince of Wales Secondary; Steps to York House & Little Flower private school. An excellent opportunity to hold or build your dream home. More detailsListed by Luxmore Realty - Bruce Hiatt
- Oakwyn Realty Ltd
- 6048188185
- bruce@hiatt.com
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1239 W 40th Avenue in Vancouver: Shaughnessy House for sale (Vancouver West) : MLS®# R3151385
1239 W 40th Avenue Vancouver V6M 1V3
$7,980,000Residential- Status:
- Active
- MLS® Num:
- R3151385
- Bedrooms:
- 5
- Bathrooms:
- 7
- Floor Area:
- 5,920 sq. ft.
Situated in prestigious Shaughnessy, this striking 2021 custom-built contemporary residence was designed by renowned Vancouver architect Loy Leyland and crafted as the builder’s own home with uncompromising standards. Offering 5,920 SQFT of refined living space, the home features soaring 11′ ceilings on the main and lower levels and 9′ above, creating grand scale and natural light. Premium European finishes define the interior, including solid hardwood flooring, large-format marble slabs, and imported custom cabinetry. The chef’s kitchen is equipped with top-tier Gaggenau and Miele appliances. German-engineered glazing enhances both performance and architectural presence. Fully integrated smart home control for lighting, motorized curtains, and security gate. Rare four-car garage. More detailsListed by Royal Pacific Realty (Kingsway) Ltd. - Bruce Hiatt
- Oakwyn Realty Ltd
- 6048188185
- bruce@hiatt.com
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1588 W 29th Avenue in Vancouver: Shaughnessy House for sale (Vancouver West) : MLS®# R3150139
1588 W 29th Avenue Vancouver V6J 2Z2
$6,500,000Residential- Status:
- Active
- MLS® Num:
- R3150139
- Bedrooms:
- 6
- Bathrooms:
- 5
- Floor Area:
- 4,402 sq. ft.
Absolutely gorgeous Georgian style house sitting on a park like 16,687 square foot corner lot in prime area of Shaughnessy. Elegantly open floor plan. This home has been beautifully remodeled and expanded but keeping with the original character (leaded windows, hardwood flooring, high ceilings). Gracious good sized living & dining rooms. Spacious family room is overlooking the southwest back garden with flower, trees & shrubs. 4 good sized bedrooms & 2 bath on second floor. Two bedroom suite in basement for rent out. Close to Little Flower Academy, York House School, Shaughnessy Elementary School, Arbutus Club & downtown. This is a beautiful rare estate, good for living or development. More detailsListed by Pacific Evergreen Realty Ltd. - Bruce Hiatt
- Oakwyn Realty Ltd
- 6048188185
- bruce@hiatt.com
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1263 Balfour Avenue in Vancouver: Shaughnessy House for sale (Vancouver West) : MLS®# R3150070
1263 Balfour Avenue Vancouver V6H 1X6 OPEN HOUSE: Aug 16, 202603:00 PM – 05:00 PM PDTOpen House on Sunday, August 16, 2026 3:00PM – 5:00PM
$19,880,000Residential- Status:
- Active
- MLS® Num:
- R3150070
- Bedrooms:
- 6
- Bathrooms:
- 9
- Floor Area:
- 10,155 sq. ft.
Open House 3-5pm Sun Aug 16. This architectural masterpiece by Loy Leyland blends timeless luxury with harmonious Feng Shui principles. Designed with a focus on space and flow, offers an unparalleled living experience. The thoughtful design ensures that every room feels spacious and airy, with generous proportions and an effortless flow between spaces. The main level features walnut-paneled office, state-of-the-art kitchen & 1 ensuited bdrm. Upstairs the master suite with its own Samsung laundry, custom dressing room, & mini-bar rm. 3 bdrms with bespoke cabinetry & share access to an outdoor balcony. The basement’s a haven of relaxation, offering indoor pool, sauna/steam room, media room, & recreation area creating the perfect space for hosting. Full 2-5-10 new home warranty! More detailsListed by Dracco Pacific Realty and Sutton Group-West Coast Realty - Bruce Hiatt
- Oakwyn Realty Ltd
- 6048188185
- bruce@hiatt.com
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3835 Selkirk Street in Vancouver: Shaughnessy House for sale (Vancouver West) : MLS®# R3149452
3835 Selkirk Street Vancouver V6H 2Z2
$7,380,000Residential- Status:
- Active
- MLS® Num:
- R3149452
- Bedrooms:
- 6
- Bathrooms:
- 7
- Floor Area:
- 6,257 sq. ft.
RARE FIND GOLDEN OPPORTUNITY IN First Shaughnessy! This magnificent elegant residence has been masterfully REBUILT/renovated by the renowned Vancouver architecture firm Hollifield in 2001 and new renovation in 2013! Showcasing exceptional craftsmanship. Spanning four levels, the home offers 6 brms and 7 baths, including four with ensuite baths.The lower level boasts media room, a gym, and a custom 800-bottle wine fridge. Modern comforts include central heating, air conditioning, and a comprehensive security system. The beautifully landscaped, park-like garden, along with a luxurious outdoor pool and hot tub, creates an exceptional outdoor living experience. Near Top private schools York House, Crofton, St George’s. Easy access to downtown,YVR, and UBC. More detailsListed by LDG Realty - Bruce Hiatt
- Oakwyn Realty Ltd
- 6048188185
- bruce@hiatt.com
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4987 Connaught Drive in Vancouver: Shaughnessy House for sale (Vancouver West) : MLS®# R3148933
4987 Connaught Drive Vancouver V6M 3E8
$6,275,000Residential- Status:
- Active
- MLS® Num:
- R3148933
- Bedrooms:
- 6
- Bathrooms:
- 5
- Floor Area:
- 6,561 sq. ft.
Prime 6 suite multiplex development site for sale in prestigious Shaughnessy neighbourhood. Approved architectural plans feature the conversion of the grand character residence (basically keeping small section only) into 3 large homes, plus 3 thoughtfully designed townhomes; bring an exceptional vision to life. Or implement your own vision! Situated on a rare 16,600+ sq. ft. private corner lot with 71.86 ft. of frontage & lane access at the coveted corner of West 34th Avenue & Roxburgh Street, this extraordinary property occupies one of Vancouver’s most iconic residential addresses. Enjoy an unparalleled location just minutes from Downtown Vancouver, YVR Airport, beautiful parks, the Arbutus Club, Vancouver Lawn Tennis & Badminton Club, & some of the city’s finest public & private schools. More detailsListed by FaithWilson Christies International Real Estate - Bruce Hiatt
- Oakwyn Realty Ltd
- 6048188185
- bruce@hiatt.com
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106 4900 Cartier Street in Vancouver: Shaughnessy Condo for sale in "Shaughnessy Place One" (Vancouver West) : MLS®# R3149263
106 4900 Cartier Street Vancouver V6M 4H2
$1,088,000Residential- Status:
- Active
- MLS® Num:
- R3149263
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,260 sq. ft.
What if condo living in Vancouver didn’t have to mean another high-rise, a busy street, or giving up the feeling of space & privacy? Sitting next to VanDusen Garden, Shaughnessy Place offers something genuinely hard to find: a gated community in a park like setting with privacy, character & a sense of calm—right in the heart of the city. Within it, at one of the most attractive price points offered in years, is a 2-bedroom home with over 1,200 sq. ft., all on one level. Floor-to-ceiling windows bring in natural light, & an impressive patio extends living outdoors. Home is in original condition but cared for & can be enjoyed as is, with the freedom to update/renovate over time. Residents also enjoy an outdoor pool, private garden, & several places to sit & relax throughout the community. More detailsListed by Oakwyn Realty Ltd. - Bruce Hiatt
- Oakwyn Realty Ltd
- 6048188185
- bruce@hiatt.com
