You can easily rent for that.
Wait for a few years. The housing bubble in Vancouver will burst and you'll be able to buy condos for half price.
Don't live on East Hastings or Surrey.
How far up East Hastings? I used to run the TD Bank at Hastings and Rosser in Burnaby, which is the start of the Capital Hill district, I though it was pretty nice.
Also, Surrey is an awful big place. Some places south of 64th AVE. or east of 176th St. can be really nice, especially the small acreages.
But these places are probably too far out of town.