Resources, links, and contacts for help from UBC's housing and relocation services team in finding a home to buy in Vancouver or Kelowna.
Helping you find a home to buy
Despite a decrease in housing prices in recent years, Vancouver's housing prices still reflect the costs of living in a world-class city. Buying in Kelowna can be costly, too.
See below for information on UBC's home loan assistance for faculty, on- and off-campus housing options and general information on home-buying in Vancouver and Kelowna.
Help from UBC's relocation and housing services team
Drop by or contact our teams in Vancouver or Kelowna:
UBC Vancouver Housing and Relocation Services office
Granite Terrace III
Level 3, 3313 Shrum Lane
Open 8:30 a.m. to 4:30 p.m. Monday to Friday
Phone: 604 822 6115
Make a consultation request
Okanagan relocation office
Visit the on-campus office in the administration building, room OM1 (at the end of the bus loop), or contact Jacky Ivans at 250-807-8928.
Also see our relocating to Kelowna page for a variety of helpful information on moving to the city.
Housing loan assistance for faculty
UBC's Faculty Home Ownership Program (FHOP) contains different loan options designed to make home ownership more affordable for approved full-time faculty. The program includes:
- Prescribed interest rate loans (PIRL) applicable to a principal and only residence in Metro Vancouver, and
- Down payment assistance for full-time faculty within 10 years of hire, in the form of a forgivable $45,000 or 50,000 loan (depending on your date of hire) that may be combined with the prescribed interest rate loan, and is applicable to a principal residence anywhere in Metro Vancouver.
Get details about the Faculty Home Ownership Program
Vancouver on-campus leasehold homes for purchase
Long-term leasehold homes (up to 99 years) are available for purchase on campus by the general public, including faculty and staff at UBC. These units can be purchased new at market rates directly from private developers (not the university). They can also be purchased privately on a resale basis directly from current unit owners.
Get links to information on new projects under development, including photographs and floor plans, at the UBC Properties Trust website.
Note that faculty members approved for Faculty Home Ownership Program loans from the university may use their loans towards the purchase of new units in these buildings.
Information on resale listings can be found through regular real estate market channels. Listings and realtors may be found through the same resources available for off-campus purchases below.
Vancouver off-campus homes
The Real Estate Board of Greater Vancouver provides information on housing prices by municipality and dwelling type, as well as tips on selling and buying a home.
The Canadian Real Estate Association’s Multiple Listing Service (MLS) contains comprehensive real estate listings for Vancouver and surrounding areas. See also the RealtyLink site.
The BuzzBuzzHome website catalogues all new residential developments (new homes) in British Columbia including Vancouver and surrounding areas.
Use the links below for help in searching for realtors in your area. Many of these sites also offer helpful tools for home-buyers including mortgage calculators, tips on choosing a realtor, and general home buying guides.
Banks, mortgages and financial help
When buying a home, you may rely on a lender for a mortgage to finance the purchase of your home. If you're using one of the home ownership programs being offered by UBC, you may be restricted by which lenders you can use.
UBC’s faculty home ownership program works with several financial institutions, including CIBC, HSBC, RBC, TD and Vancity. Please feel free to contact UBC's Housing & Relocation Services office for assistance in contacting these banks regarding the faculty home ownership program.
Most banks publish their current mortgage rates on their websites. Here are links to most of the major banks and credit unions in B.C.:
Vancouver neighbourhood profiles
Use these handy overviews of Vancouver neighbourhoods, which include approximate commuting times from the UBC campus, to help you decide where you’d like to live.
Arbutus (PDF) | Downtown (PDF) | Dunbar (PDF) | Southlands (PDF) | Fairview (PDF) | Grandview-Woodland (PDF) | Hastings-Sunrise (PDF) | Kensington-Cedar Cottage (PDF) | Kerrisdale (PDF) | Killarney (PDF) | Kitsilano (PDF) | Marpole (PDF) | Mount Pleasant (PDF) | Oakridge (PDF) | Renfrew-Collingwood (PDF) | Riley Park (PDF) | Shaughnessy (PDF) | South Cambie (PDF) | Strathcona and Downtown Eastside (PDF) | Sunset (PDF) | Victoria-Fraserview (PDF) | West End (PDF) | West Point Grey (PDF)