3870 W 37th Avenue — Vancouver West


$ 3,100,000 FOR SALE MLS# R3177478
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I am pleased to present a unique investment opportunity located west of Dunbar. This spacious 6,855-square-foot lot holds excellent potential for future multiplex development. Conveniently situated near top private schools, Dunbar Street shops, the Dunbar Community Centre, and Pacific Spirit Regional Park, it also offers easy access to UBC. The well-maintained home is currently tenanted and features a large main-floor living room ideal for entertaining, three bedrooms upstairs, and one bedroom alongside a spacious family room in the basement. Do not miss this opportunity to hold or develop.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms4
Bathrooms3
Living Area2,847 sqft
Lot Area6,856 sqft
Property TypeResidential – Single Family Residence
MLS® R3177478
StatusActive
Listing BrokerRoyal Pacific Realty Corp.

Property History

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

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Market Overview

Dunbar · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes157
Median Asking Price $ 2,987,000 $ 3,100,000
Median Price per SqFt $1,212 $1,089
Median Days on Market 51
Sold Properties Oct 2026Sep 2026Oct 2025
All Homes 11 11 11
Median Selling Price $ 2,525,500 ▼10.3% $ 2,700,000 $ 2,814,776
Median Price per SqFt $1,051 ▼12.6% $1,159 $1,203
Median Days on Market 343625
Median Discount Off Ask 4.5%6.9%5.2%
New Listings 443616
Months of Inventory 11.9

At the current sales pace, it would take about 12 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.

Dunbar: Number of Sales

Dunbar: Median Sold Price

Dunbar: Median Sold Price per SqFt

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