1248 Keith Road — West Vancouver


$ 2,998,000 FOR SALE MLS# R2933235
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This prime development site in Ambleside offers stunning ocean and Lions Gate Bridge views, making it a fantastic investment opportunity. With a generous 52 ft frontage and 160 ft depth, you have the potential to build a duplex, triplex, or quadplex. Access from both Keith Rd and a paved lane at the back makes building ideal. Currently, the property features a spacious 3-bedroom, 2-bath home on the upper level, along with a large one-bedroom suite below, allowing you to live in or rent out while awaiting development approval. Enjoy the convenience of shopping, restaurants, the seawall, and transportation right at your doorstep.Don’t miss out on this incredible opportunity to capitalize on the growing demand for housing in this desirable location of Ambleside! Open this Saturday 2-4
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms4
Bathrooms3
Living Area2,420 sqft
Lot Area6,372 sqft
Property TypeResidential – Single Family Residence
StyleSplit Entry
MLS® R2933235
StatusTerminated
Listing BrokerSotheby's International Realty Canada

Property History

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

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Market Overview

Ambleside · West Vancouver · All Homes

Active PropertiesAll ActiveThis Property
All Homes94
Median Asking Price $ 2,365,000 $ 2,998,000
Median Price per SqFt $928 $1,239
Median Days on Market 78
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 0 ▼100.0% 14 12
Median Selling Price ▼100.0% $ 2,300,000 $ 1,547,500
Median Price per SqFt ▼100.0% $872 $1,029
Median Days on Market 206
Median Discount Off Ask 2.7%2.0%
New Listings 0179
Months of Inventory 10.4

At the current sales pace, it would take about 10 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

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.

Ambleside: Number of Sales

Ambleside: Median Sold Price

Ambleside: Median Sold Price per SqFt

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