5518 Inverness Street — Vancouver East


$ 2,200 FOR RENT MLS# R2954396
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Newly constructed 2 Beds (both w/built-in walk-in closets) + 1.5 Baths (3-pce upper floor, powder room on main floor). Private parking. Spacious 2-level layout at 650 sq.ft. Conveniently located 1 blk from Knight/41st Ave, 3 blocks from Memorial Park. New appliances incl. fridge, stove, dishwasher. In-suite full sized washer/dryer. Quartz countertop and backsplash. Tile/laminate flooring. Central heating system. Beautifully landscaped backyard/courtyard. Proximity to amenities (supermarkets/grocers, banks, dentists, doctors, restaurants, cafes). Proximity to major transit routes (Knight St/41st Ave Bus, Canada Line - Oakridge Station). Internet, hydro and tv cable not provided. Employment, Landlord references and credit check required. Min. 1 year lease. Public open, Mon, Feb 3, 4-5pm.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms2
Bathrooms2
Living Area650 sqft
Property TypeResidential Lease – Single Family Residence
MLS® R2954396
StatusRented
Listing BrokerCentury 21 In Town Realty

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change

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Market Overview

Knight · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes118
Median Asking Price $ 1,599,900 $ 2,200
Median Price per SqFt $945 $3
Median Days on Market 81
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 1 ▼94.1% 8 17
Median Selling Price $ 2,701,620 ▲58.9% $ 1,350,000 $ 1,700,000
Median Price per SqFt $1,005 ▲6.7% $863 $942
Median Days on Market 71424
Median Discount Off Ask -17.5%2.7%3.2%
New Listings 41615
Months of Inventory 8.3

At the current sales pace, it would take about 8 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Knight: Number of Sales

Knight: Median Sold Price

Knight: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Knight. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.