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Vancouver, BC, V6M 1R8
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Shaughnessy is Vancouver's most prestigious residential neighbourhood — a place where grand heritage mansions sit on sweeping estate lots along curved, tree-canopied boulevards. Created in 1907 by the Canadian Pacific Railway as the city's premier residential enclave, Shaughnessy has maintained its position at the top of Vancouver's real estate hierarchy for over a century. The average home listing price is approximately $6.5 million, with luxury estates regularly listing between $8 million and $20 million or more. With a population of approximately 9,000 residents, Shaughnessy offers unparalleled architectural heritage, the city's finest private schools, strict zoning protections, and a location that places residents minutes from downtown.
The story of Shaughnessy begins in 1907, when the CPR created the neighbourhood as Vancouver's premier residential address, commissioning landscape architect Frederick Todd to lay out curving streets, generous setbacks, and expansive lots. First Shaughnessy — the original core between West 16th Avenue and King Edward Avenue, Arbutus and Oak Streets — is home to homes designed in Arts and Crafts, Georgian Revival, Tudor, Craftsman, Neoclassical, and Dutch Colonial Revival styles. Many feature over 20 rooms, with formal gardens, mature specimen trees, and irreplaceable craftsmanship.
The neighbourhood is protected by strict zoning regulations, including the First Shaughnessy Official Development Plan, which governs building form, lot coverage, setbacks, and heritage considerations — ensuring Shaughnessy retains its low-density, estate-style character for future generations.
Shaughnessy's real estate market is among the most exclusive in Canada, characterized by high price points, estate-scale properties, and a buyer pool that includes some of the country's wealthiest individuals and families.
The average detached listing price is approximately $6.5 million. Third Shaughnessy properties may list from $4.5–$6 million, while First and Second Shaughnessy homes range from $6.5–$15 million. Landmark estates on prestigious streets — The Crescent, Angus Drive, Hudson Street, Matthews Avenue — can list from $15–$20 million or more.
Townhouses generally list between $2.5 million and $4.5 million, providing a more accessible entry point to the neighbourhood's prestige and appeal.
Condominiums are relatively uncommon, reflecting the neighbourhood's low-density character. Where available, condos typically list from $1.2 million to $3 million in smaller boutique buildings.
Properties at this level tend to have longer days on market — averaging 90 to 120 days — reflecting the time required to find qualified buyers. The selling-to-listing price ratio of approximately 89 to 92 percent indicates meaningful negotiation is typical. Truly exceptional heritage properties continue to command strong interest from both local and international buyers.
Shaughnessy contains the largest concentration of heritage homes in Vancouver. First Shaughnessy alone has 72 homes listed on the Vancouver Heritage Register, with styles including Arts and Crafts, Georgian Revival, Tudor, Craftsman, Neoclassical, Edwardian, and Dutch Colonial Revival. Estate lots are among the largest in any urban neighbourhood in Canada — lots of 75 by 150 feet are common, and First Shaughnessy lots can exceed 20,000 square feet. Contemporary estates throughout Second and Third Shaughnessy offer modern floor plans while respecting the neighbourhood's scale and character.
York House School (founded 1932) is one of BC's top-ranked independent girls' schools, offering K–12. Little Flower Academy is a Catholic girls' school serving grades 8–12 with a strong reputation for academic excellence. Vancouver College is a Catholic boys' school offering K–12 programs consistently ranking among BC's highest. All three are located within or immediately adjacent to Shaughnessy.
Public school options include Shaughnessy Elementary (K–7), with secondary students served by Eric Hamber Secondary and Prince of Wales Secondary. St. George's School in Dunbar and Crofton House School in Kerrisdale are also within easy reach.
Crescent Park (Shaughnessy Park) is located at the centre of The Crescent and functions as a unique arboretum with 47 species of rare trees. VanDusen Botanical Garden, on the southern border, is a stunning 55-acre garden hosting the beloved Festival of Lights each December. The Arbutus Greenway runs along the western border, providing a dedicated cycling and walking path. Shaughnessy's wide, tree-lined boulevards create one of the most beautiful walking environments in any Canadian city.
Shaughnessy is a purely residential neighbourhood without its own commercial district. South Granville (between West 7th and West 16th) is the closest major shopping strip, known as Vancouver's Gallery Row with fine art galleries alongside upscale boutiques, acclaimed restaurants, and the Stanley Industrial Alliance Stage theatre. Kerrisdale Village is a short drive south, offering 200-plus shops and services. The Oakridge Park redevelopment to the east will deliver significant new retail and dining options.
By car, downtown Vancouver is 10–15 minutes north via Granville or Oak Street. UBC is 15 minutes west. Vancouver International Airport is roughly 20 minutes south. Bus routes along Granville, Oak, Cambie, and King Edward connect to the Canada Line. The Arbutus Greenway provides dedicated cycling infrastructure along the western edge.
Shaughnessy occupies a unique position as Vancouver's most prestigious neighbourhood. Strict zoning protections limit density and preserve estate-scale lots, ensuring supply remains essentially fixed. Heritage homes are irreplaceable assets. The presence of elite private schools — York House, Vancouver College, Little Flower Academy — creates consistent demand largely independent of broader market cycles. For buyers seeking a legacy asset in Vancouver, Shaughnessy represents the highest standard available anywhere in the city.
As of early 2026, the average detached home lists at approximately $6.5 million. Third Shaughnessy ranges from $4.5–$6 million; First and Second Shaughnessy from $6.5–$20 million or more. Townhouses list between $2.5–$4.5 million, and condominiums from $1.2–$3 million.
York House School (independent girls' school, K–12), Vancouver College (Catholic boys' school, K–12), and Little Flower Academy (Catholic girls' school, grades 8–12) — all three are consistently ranked among BC's top schools and are located within or adjacent to Shaughnessy.
First Shaughnessy is the original CPR-designed core (1907) with curved streets, estate-scale lots, and 72 properties on the Vancouver Heritage Register. Its irreplaceable architecture — Arts and Crafts, Tudor, Georgian Revival, Neoclassical — and generous lots of up to 20,000+ sq ft define the pinnacle of Vancouver residential real estate.
Shaughnessy is a market that demands both deep knowledge and discretion. Whether you are considering the purchase of a heritage estate on The Crescent or selling a family home that has been in your possession for a generation, the right representation matters. With 13-plus years of Vancouver Westside luxury real estate experience, I have the expertise, network, and bilingual (English and Mandarin) capabilities to serve buyers and sellers in this exceptional neighbourhood at the highest level.
Call me at 604-781-6567 or email info@annydiao.com for a confidential conversation about your goals in Vancouver's most distinguished residential neighbourhood.