Kerrisdale Market Snapshot — Vancouver, BC
Quiet, leafy West Side village with elite catchments. Honest field notes on Kerrisdale from a licensed BC agent who works Vancouver weekly: prices, schools, zoning upside.
Kerrisdale at a glance
Kerrisdale runs along West 41st Avenue from Granville Street to Blenheim, anchored by the Kerrisdale Village retail strip and Kerrisdale Community Centre. The housing stock is dominated by 1920s–1950s character detached homes on 50′–66′ lots, with occasional new builds and a tight cluster of low-rise condos along West 41st and West Boulevard. School catchments — Point Grey Secondary and Magee Secondary, with Crofton House and St George's nearby — are the dominant demand driver.
Vibe: Leafy · Family-affluent · School-driven · Walkable village
Typical 2026 prices
| Detached | $3.5M – $7M+ |
| Townhouse | $1.6M – $2.3M |
| Condo / Apartment | $780K – $1.4M |
Directional ranges from MLS HPI and recent comparable sales. Not appraisal values. Get a precise CMA from Dan.
Housing typology
Predominantly detached single-family character homes; a small townhouse and low-rise condo footprint along West 41st and West Boulevard.
Ideal Kerrisdale buyer
Established families and West Side relocators prioritizing Magee or Point Grey catchments and within walking distance of independent schools.
Market dynamics
Kerrisdale 2026 prices vs the Lower Mainland
How Kerrisdale stacks up against the broader Greater Vancouver + Fraser Valley HPI benchmark. Bars are scaled directly from current MLS HPI data and recent comparable sales — they tell you whether Kerrisdale is a value play, a parity market, or a premium pocket relative to the wider region.
LM benchmark = blended Greater Vancouver + Fraser Valley HPI as of April 2026 (detached ~$1,950,000 · townhouse ~$1,080,000 · condo ~$770,000). Kerrisdale bars represent the lower end of typical sale prices — premium properties trade above. Source: REBGV / FVREB MLS HPI + recent comparable sales.
Transit & commute
Frequent 41st Avenue B-Line, the 25 across 33rd, and a 12-minute walk south to Marine Drive Canada Line station.
Schools & catchments
- Point Grey Secondary
- Magee Secondary
- Crofton House (independent)
- St George's (independent)
- Maple Grove Elementary
Catchments change. Always verify your specific address with the school district.
Should you buy in Kerrisdale?
✓ Strengths
- Top-tier public + independent school catchments
- Walkable Kerrisdale Village retail and community centre
- Mature tree canopy and quiet residential streets
- Strong long-term capital appreciation track record
⚠ Things to check
- Detached entry point well above $3M
- Older homes often need full mechanical and seismic upgrades
- Limited new construction — most demand chases existing inventory
Investor snapshot
Kerrisdale rental yields & investor angle
Rough gross yield ranges based on typical CMHC market rents in the Vancouver CMA and the lower end of Kerrisdale purchase prices. Real numbers shift with strata fees, vacancy, financing, and property tax — I run a full pro-forma before we make any offer.
| Property type | Purchase (low) | Typical rent | Gross yield range |
|---|---|---|---|
| Detached (rented as SFH) | $3.5M – $7M+ | $3,800-5,500/mo | 1.30% – 1.89% |
| Townhouse | $1.6M – $2.3M | $3,200-4,200/mo | 2.40% – 3.15% |
| Condo (1-bed) | $780K – $1.4M | $2,200-2,800/mo | 3.38% – 4.31% |
Gross yield = annual rent ÷ purchase price. Net yields after strata, taxes, vacancy, repairs, and financing typically run 1.5-2.5 percentage points lower. I model the BC tax stack (Speculation Tax, Empty Homes Tax, Property Transfer Tax, capital gains, and the new BC Home Flipping Tax) for every investor file.
Where to look in Kerrisdale
Streets and corridors I keep an eye on for Kerrisdale clients:
Looking at a Kerrisdale lot for redevelopment?
Bill 44 SSMUH, Bill 47 TOD, and the Vancouver OCP overlay all stack differently depending on lot width, lane access, and tree retention. I model actual buildable sqft and pro-forma before any "redevelopment" purchase — happy to run yours.
Pipeline
Recent & upcoming developments in Vancouver
Vancouver continues to densify around its town-centre and transit corridors under the new BC housing legislation framework. These projects directly impact Kerrisdale valuation, supply, and infrastructure load over the next 5-10 years.
Side-by-side
Kerrisdale vs nearby Vancouver neighbourhoods
Quick benchmark of Kerrisdale against the closest comparable Vancouver pockets I cover. Use this to triangulate where your budget gets you the best fit.
| Neighbourhood | Detached | Townhouse | Condo | Vibe |
|---|---|---|---|---|
| Kerrisdale YOU ARE HERE | $3.5M – $7M+ | $1.6M – $2.3M | $780K – $1.4M | Leafy, Family-affluent |
| Kitsilano | $3.2M – $6.5M | $1.6M – $2.4M | $780K – $1.6M | Walkable, Beachfront |
| Mount Pleasant | $2.4M – $3.4M | $1.25M – $1.75M | $680K – $1.2M | Creative, Cafe-dense |
| Yaletown | — | — | $780K – $2.2M | High-rise, Concrete towers |
| Marpole | $2.4M – $3.4M | $1.4M – $1.9M | $680K – $1.1M | Transit-driven, Redeveloping |
FAQ
Kerrisdale real estate questions
What is the school catchment for Kerrisdale?
Most of Kerrisdale falls within Point Grey Secondary or Magee Secondary catchments, with Maple Grove Elementary and Kerrisdale Elementary serving most blocks. Always verify the exact catchment via the Vancouver School Board boundary tool — catchments shift street-by-street and re-zoning can change assignments mid-year.
Are Kerrisdale character homes worth the renovation cost?
Kerrisdale character homes built before 1950 typically require seismic, electrical (knob-and-tube), plumbing (galvanized), and roof renewal. Renovation budgets of $300K–$700K are common to bring a heritage home to modern standards. Land value alone often justifies the purchase — the home is the cherry on top.
Free home evaluation in Kerrisdale
I'll prepare a hand-built CMA for your Kerrisdale address using the most recent MLS sales — typically returned within 24 hours.
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Compare Kerrisdale against the other pockets I cover in Vancouver.