515 55 E Cordova Street — Vancouver East


$ 678,000 FOR SALE MLS# R3181194
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Located in historic Gastown, Koret Lofts offers open plan for New York style loft living. Rarely available 5th floor unit with ultra high ceiling soaring over 15 ft featuring original fir beam and exposed brick wall. This heritage building was converted by Alda Pereira design in 2006, where urban heritage meets modem living with concrete floors, euro kitchen, walk through shower and spa soaker tub. Commercial and residential zoning allows for office/studio/airbnb uses, ideal for home office with live/work space. Gated complex with a beautiful garden courtyard equipped with BBQ.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms
Bathrooms1
Living Area920 sqft
Property TypeResidential – Apartment/Condo
StyleLive/Work Studio, Loft/Warehouse Conv.
MLS® R3181194
StatusActive
Listing BrokerEngel & Volkers Vancouver

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

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Market Overview

Downtown VE · Vancouver East · Condos

Active PropertiesAll ActiveThis Property
Condos51
Median Asking Price $ 739,900 $ 678,000
Median Price per SqFt $842 $737
Median Days on Market 56
Sold Properties Nov 2026Oct 2026Nov 2025
Condos 0 ▼100.0% 5 3
Median Selling Price – ▼100.0% $ 635,000 $ 589,000
Median Price per SqFt – ▼100.0% $793 $879
Median Days on Market –2416
Median Discount Off Ask –2.3%7.3%
New Listings 2115
Months of Inventory 8.5

At the current sales pace, it would take about 9 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.

Downtown VE: Number of Sales

Downtown VE: Median Sold Price

Downtown VE: Median Sold Price per SqFt

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