Vancouver is, overall, a pretty sweet place to live. The local skiing is better than 99% of east coast mountains, the people are chill, the weather is rad once you learn to deal with rain (it rains a lot, you learn to love it, or move to whistler...) and the chicks are hot. If you time it right, you can hit the beach in the morning and ski in the afternoon. Lastly, coffee here is amazing, so if you're a caffeine addict, welcome.
Of course, heaven isn't cheap. Vancouver is more expensive to live in than any major city in Canada (including Toronto), and there are annoyances. The rain, the asian drivers (all of them), and the fact that if you do drive, it takes you 3 hours to get anywhere because there are no highways in this fucking city. Of course, no highways=a more livable city overall, so the tradeoff is worth it, kinda.
Basically, if you can afford it, Vancouver is dope as fuck.