Ozzy, I would think buying a house/condo would be a great first step. The housing prices always seem to go up there, it's like you can't lose. We had some friends that moved to Vic. Island last year. They like the place but the houses are a fortune.
So unless you are selling a house in Bridle Path or Rosedale, it could be quite a financial burden.
Last year we stayed at the Pan Pacific downtown. Nice place. I think EA Sports has an office right there too.
I'm partial to the water. Something we don't have in Colorado. (and we don't have nearly the culture of Vancouver, unless you think culture comes from Pottery Barn).
We only stayed for 4 days, but it was amazing. I really liked the downtown area. Not sure what it's like living there, but we did manage to walk everwhere. There's a China town area and some really nice places to eat. There also seemed to be a Starbucks on every corner. And we managed to find a couple Tim Horton's. (I ate a 20 pack every day I was there - had to get my fill while I could)
I liked downtown Vancouver, but that's from a tourist viewpoint. Oh yeah, there where plenty of hot chicks too.
If I remember correctly, White Rock and Surrey are fine if you're looking for a family type of place.