Park Royal homes for sale

What does a home cost in Park Royal?

Park Royal has 22 active MLS® listings. The median asking price is $1.44M, with homes listed from $138K to $3.60M. That is about 52% below the West Vancouver median of $3M. Figures reflect current asking prices on active listings, refreshed hourly, not sold prices.

What types of homes are for sale in Park Royal?

Condo / Apartment listings make up 59% of what is for sale in Park Royal (13 of 22 listings), with a median asking price of $1.39M. Mobile home listings are next at 18%, typically asking $305K. The gap between property types is real money here: a typical condo asks $1.39M while a typical detached home asks $3.24M.

How does Park Royal compare to other areas?

For context across the region: Whalley (median $549K), Willoughby Heights (median $837K), Abbotsford West (median $700K). Park Royal carries the highest median asking price of this group. Comparing a few adjacent areas is often the fastest way to see whether a listing is priced with its street or against it.

What kind of homes are in Park Royal?

There is no single housing type in Park Royal. The active listings run condos at 59%, other homes at 18% and detached houses at 14%, which means two buyers with the same budget can end up shopping for very different homes on the same streets.

Construction dates are spread out. The median home for sale dates to 2019, with most of the market falling between 1985 and 2025, so condition and updates vary a lot from listing to listing.

27% of the current listings were built in the last five years, so new-construction inventory is a real option here rather than an exception.

What do you actually get for the money?

The 2-bedroom plan is the most common listing, with smaller and larger homes on either side of it.

A typical listing here offers about 1,163 sq ft of living space and 2 bathrooms.

Secured parking comes with most units: 82% of listings include a garage or parkade stall.

Strata or freehold?

68% of the active listings are strata-titled and the rest are freehold, so the ownership question is a live one in Park Royal rather than settled by the neighbourhood.

Across the 14 listings that disclose one, the median strata fee is $1,023 per month. Read it against what it covers before comparing two buildings on price alone.

Getting around Park Royal

There is no rapid-transit station in Park Royal, but 68% of the listings are within reach of a frequent bus route.

Across 15 scored listings the median walk score is 59 out of 100, computed from real walking routes. Day-to-day errands here usually involve a drive or a bus.

Cycling scores better than walking in a lot of the city, and it does here too: the median bike score across scored listings is 84.

Setting and surroundings

32% of the listings fall near a top-ranked school catchment, which tends to hold value in this part of the market even when the wider market cools.