Pitt Meadows

Pitt Meadows sits in that sweet spot where Fraser Valley charm meets Metro Vancouver convenience, and frankly, that’s created a housing market we can’t touch. With our maximum LTV of 0%, we’re not lending here—the numbers just don’t work for a safety-focused MIC like ours.

Here’s the thing about Pitt Meadows: it’s got everything going for it except the price tags that make sense for our risk model. The community spans 86 square kilometers of some of the most flood-prone yet paradoxically desirable real estate in BC. People pay premium prices to live where the Pitt River creates both stunning wetland views and the occasional insurance headache.

The median household income of $104,000 supports a housing market that’s essentially become Metro Vancouver’s “country estate” suburb. Nearly 42% of homes are single-detached houses, many sitting on larger lots that give residents that rural feeling while staying connected to urban job markets. The climate’s improved a full hardiness zone since the 1960s, making it a gardener’s paradise where you can actually grow heat-loving plants that struggle elsewhere in BC.

What makes Pitt Meadows particularly interesting is its demographic split. You’ve got working professionals commuting to Vancouver mixed with retirees who’ve discovered they can afford more space here than in Richmond or Burnaby. The 18.2% senior population isn’t just coincidence—it’s people cashing out of pricier markets and landing somewhere they can breathe.

The employment base tells the real story: healthcare, construction, and retail dominate, but these aren’t local jobs serving local needs. These are Metro Vancouver workers who’ve chosen to live where they can see mountains from their kitchen window and still catch the West Coast Express.

For mortgage brokers, Pitt Meadows represents exactly the kind of market where borrowers often need creative solutions—high property values, unique flood considerations, and buyers stretching to afford that lifestyle upgrade. They’ll need to look elsewhere for those solutions.