Welcome to Cedar Downs! This beautifully maintained 1-bedroom, 1-bathroom home offers 622 sq. ft. of thoughtfully designed living space, including 9 ft ceilings. The modern kitchen features granite countertops, white cabinetry, and stainless steel appliances, while the spacious bedroom includes built-in A/C for year-round comfort. The 4-piece bathroom is highlighted by heated floors and a fog-free mirror. Enjoy peaceful west-facing views overlooking protected green space, complete with walking trails and a picturesque duck pond. This home also includes 1 parking stall and a large storage locker. Ideally located within walking distance to groceries, transit, parks, restaurants, and of course, Starbucks. An excellent opportunity for first-time buyers, downsizers, or investors alike!
Central Location, Greenbelt, Private, Recreation Nearby
Interior features
Elevator
Laundry
In Unit
Community
Shopping Nearby
Additional details
Common interest
Condominium
Levels
One
Main floor (ground)
622 ft²
Tax year
2024
Listed by Royal LePage West Real Estate Services. Data from BCRES. Last updated Jul 9, 2026, 9:53 AM.
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $83,980 down (20%) on $419,900, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 161 listings
Detached
72
44.7%
Condo / Apartment
48
29.8%
Townhouse
27
16.8%
Land
5
3.1%
Mobile home
4
2.5%
Other
5
3.1%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59151827· Pitt Meadows· Transit 48/100 (2588m to rapid)· 6.77 km²
Median rent here
$1,520
Owner shelter cost
$1,660
Renters
20.0%
30%+ on shelter
20.4%
Population (2021)
1,903
Median age
40.4
Avg household size
2.3
Avg household income
$99,600
Renters
20.0%
Owners
80.0%
Immigrants
36.0%
Post-secondary
51.1%
Avg home value
$610,000
Single status
23.1%
Not in labour force
31.6%
Households with kids
32.1%
Median rent
$1,520
Owner shelter cost
$1,660
30%+ on shelter
20.4%
Breakdown
$10,000 to $14,999
5
0.6%
$15,000 to $19,999
10
1.2%
$20,000 to $24,999
20
2.4%
$25,000 to $29,999
20
2.4%
$30,000 to $34,999
20
2.4%
$35,000 to $39,999
20
2.4%
$40,000 to $44,999
25
3.0%
$45,000 to $49,999
25
3.0%
$50,000 to $59,999
60
7.2%
$60,000 to $69,999
55
6.6%
$70,000 to $79,999
80
9.6%
$80,000 to $89,999
55
6.6%
$90,000 to $99,999
60
7.2%
$100,000 to $124,999
140
16.9%
$125,000 to $149,999
110
13.3%
$150,000 to $199,999
85
10.2%
$200,000 and over
40
4.8%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59151827).
Market story
Rent in Pitt Meadows
Census 2021 avg $1,520/mo here · Vancouver 1BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
