1937 E 2nd Avenue — Vancouver East


$ 2,199,000 FOR SALE MLS# R3089343
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This perched up 5490 sq ft RT-5 lot at 1937 E 2nd Avenue presents a strong opportunity for a side-by-side, or a front-back duplex development, allowing approximately 4,100 sq ft of buildable area. A well-designed duplex could deliver two spacious 2,050 sq ft homes, each with its own front entry, private rear yard, modern open-concept main floor, 4 bedrooms on the upper levels, and two oversized garages. The configuration maximizes site value, fits naturally within the Grandview-Woodland area, and appeals to families seeking house-like living just steps from Commercial Drive’s cafés, shops, amenities, and transit. With strong end-user demand and high walkability, this lot offers an efficient, market-ready platform for a profitable development.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms4
Bathrooms2
Living Area1,284 sqft
Lot Area5,489 sqft
Property TypeResidential – Single Family Residence
MLS® R3089343
StatusPending
Listing BrokerReal Broker

Property History

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

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Market Overview

Grandview Woodland · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes195
Median Asking Price $ 1,488,000 $ 2,199,000
Median Price per SqFt $976 $1,713
Median Days on Market 59
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 0 ▼100.0% 27 20
Median Selling Price ▼100.0% $ 915,000 $ 1,687,500
Median Price per SqFt ▼100.0% $972 $946
Median Days on Market 1410
Median Discount Off Ask 2.3%1.6%
New Listings 84942
Months of Inventory 6.2

At the current sales pace, it would take about 6 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.

Grandview Woodland: Number of Sales

Grandview Woodland: Median Sold Price

Grandview Woodland: Median Sold Price per SqFt

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