3978 Victoria Drive — Vancouver East


$ 2,200,000 FOR SALE MLS# R3139341
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RARE opportunity to own this well maintained custom-built family home on a 5,000 sq.ft. lot in the highly sought-after neighbourhood. Offering almost 3,300 sq.ft. of living space, this home feat. 8 beds, 5 baths, 2 kitchens & a sauna room. The main floor includes a convenient bedroom & full bathroom & 2 family rooms. Upstairs offers 4 beds, 2 baths. The lower level feat. a self-contained 3-bedroom suite w/ a separate entrance, providing excellent mortgage helper. Recent updates include fresh interior paint, new vinyl flooring, SS appliances, a newer furnace & hot water tank. The detached double garage w/ an extra-high door is ideal for storing boats, larger vehicles, plus an additional 5 parking in the rear. Conveniently located near schools, parks, Trout Lake & minutes from SkyTrain Stn.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms8
Bathrooms5
Living Area3,292 sqft
Lot Area5,026 sqft
Property TypeResidential – Single Family Residence
MLS® R3139341
StatusActive
Listing BrokerOakwyn Realty Ltd.

Property History

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

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Market Overview

Victoria VE · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes71
Median Asking Price $ 1,495,000 $ 2,200,000
Median Price per SqFt $841 $668
Median Days on Market 78
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 3 ▼66.7% 12 9
Median Selling Price $ 960,000 ▼27.5% $ 1,430,000 $ 1,325,000
Median Price per SqFt $799 ▼23.8% $827 $1,048
Median Days on Market 281513
Median Discount Off Ask 4.0%2.3%0.3%
New Listings 21815
Months of Inventory 6.9

At the current sales pace, it would take about 7 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.

Victoria VE: Number of Sales

Victoria VE: Median Sold Price

Victoria VE: Median Sold Price per SqFt

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