1585 W 3rd Avenue — Vancouver West


$ 5,999,000 FOR SALE MLS# R2849554
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27,000 SF Potential Buildable Area up to 100 feet / 10-storeys. Fantastic south-facing exposure for cafe/patio space. Potential, unimpeded north-facing views of Downtown, False Creek and North Shore Mountains over Arthur Erickson’s Waterfall Building. Strong concentration of existing retailers and businesses, including design studios, architects, high-end furniture retailers, car dealerships, and boutique cafes and restaurants. High traffic area will become even busier with the construction of the Broadway Corridor, the Senakh Development, and the Concord Pacific Molson development to the immediate north.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms
Bathrooms
Living Area
Lot Area6,000 sqft
Property TypeLand
MLS® R2849554
StatusExpired
Listing BrokerRE/MAX Crest Realty

Property History

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

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Market Overview

False Creek · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes238
Median Asking Price $ 899,900 $ 5,999,000
Median Price per SqFt $1,160
Median Days on Market 671
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 4 22
Median Selling Price ▼100.0% $ 997,500 $ 811,500
Median Price per SqFt ▼100.0% $1,183 $1,106
Median Days on Market 1122
Median Discount Off Ask 3.0%3.5%
New Listings 27197
Months of Inventory 29.1

At the current sales pace, it would take about 29 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.

False Creek: Number of Sales

False Creek: Median Sold Price

False Creek: Median Sold Price per SqFt

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