Riley Park

At a glance

A central neighbourhood around Queen Elizabeth Park, with older houses, duplexes and low-rise apartments, and Main Street's shops and restaurants on its east side. About 43% of households rent and 34% of homes are apartments (26% are detached houses). The median assessed value is $2.04M across all residential property, or $1.19M for strata (condo and townhouse) units. Police data shows crime close to the city median per resident.

Median assessed home

$2.04M

2026 assessment · city $1.42M

Residents

26,720

estimate for mid-2025, up from 23,680 at the 2021 census

Households renting

43%

city 54%

Permits per year

252

2021–2025 average

What the numbers mean

• The median assessed home is $2.04M, 44% above the Vancouver median of $1.42M.
• 43% of households rent, below the 54% city-wide.
• 14% of residents are under 15, versus 11% city-wide. Expect busy schools, parks and playgrounds.
• 26% of homes are single-detached houses, versus 15% city-wide.
• Building activity is in line with the city as a whole, at about 252 permits a year.

Who lives here

Share of residents by age, estimate for mid-2025, up from 23,680 at the 2021 census.

Homes

Share of homes by type, estimate for mid-2025, up from 23,680 at the 2021 census.

Daily errands on foot¹

Places within the neighbourhood or a 5-minute walk of its edge, compared with the typical neighbourhood in Vancouver.

Supermarkets

11

city median 9

Cafés and bakeries

73

city median 37

Pharmacies and clinics

28

city median 16

Playgrounds and dog parks

48

city median 38

Estimated property tax²

What owning here costs each year in property tax at the median assessed value. Renters don’t pay it directly, but landlords pass it on.

Median home

$6,850 a year

about $570 a month on a $2.04M assessment

Upfront closing costs³

BC charges a tiered property transfer tax: 1% on the first $200,000, 2% to $2 million, then 3%, and 5% above $3 million. Government fees at the median home price:

BC property transfer tax

$39,080

on $2.04M

Typical apartment rent nearby⁴

Riley Park sits in CMHC's Mount Pleasant/Renfrew Heights survey zone. October 2025 average rent of purpose-built rental apartments in that zone:

Studio

$1,798

+$131 vs metro average

1 bedroom

$1,704

−$103 vs metro average

2 bedroom

$2,512

+$148 vs metro average

3 bedroom or more

$3,360

+$540 vs metro average

How it's changing

Building permits issued each year, a leading signal of new homes and renovations.

*2026 is year to date.

Safety⁵

Reported incidents in the last 12 months (October 2025 to September 2026), per 1,000 residents, compared with the median of 22 Vancouver neighbourhoods.

Reported crime

11.3

per 1,000 · close to the 10.9 median

Violent crime

1.4

per 1,000 · median 1.9

Property crime

9.8

per 1,000 · median 8.8

• Reported crime runs close to the median Vancouver neighbourhood: 11.3 incidents per 1,000 residents a year, versus 10.9.
• The most common reported crime is theft from vehicles, 63% of the total. 87% of incidents are property crime.
• Crime has fallen since 2020: 280 reported incidents in 2025 versus 537 in 2020.
• So far in 2026 (January to September) there have been 192 incidents, 6% fewer than the same months of 2025.

Reported crime by year

*2026 is year to date.