3425 W 8th Avenue — Vancouver West


$ 2,499,000 FOR SALE MLS# R3126353
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$300,000 PRICE REDUCTION – motivated seller! DEVELOPMENT & INVESTMENT OPPORTUNITY! RT-7 zoned 44' x 105' lot with back lane access and potential for up to 6 dwelling units, subject to City approval. Listed at land value and below assessed value! Existing home offers excellent flexibility to live in, rent, hold or explore future multiplex redevelopment. Prime Kitsilano location minutes to Kits & Jericho Beaches, shops, cafés, schools, parks and transit. Major updates include roof, high-efficiency furnace, instant hot water, electrical, plumbing and more. Buyer to verify all zoning, density and development potential with the City of Vancouver. OPEN HOUSE SEPT 7/Mon, 2–4 PM.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
See the Map Location & Walk Score for this home Open → Hide ↑

Property Details

Bedrooms4
Bathrooms2
Living Area1,966 sqft
Lot Area4,638 sqft
Property TypeResidential – Single Family Residence
MLS® R3126353
StatusActive
Price Change↓ Price Reduced
Listing BrokerCentury 21 In Town Realty

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
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

Kitsilano · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes266
Median Asking Price $ 1,442,700 $ 2,499,000
Median Price per SqFt $1,112 $1,271
Median Days on Market 62
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 5 ▼89.6% 52 48
Median Selling Price $ 1,075,000 ▲23.0% $ 1,188,000 $ 874,000
Median Price per SqFt $854 ▼20.0% $1,054 $1,068
Median Days on Market 161518
Median Discount Off Ask 3.9%2.2%2.9%
New Listings 295363
Months of Inventory 5.8

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.

Kitsilano: Number of Sales

Kitsilano: Median Sold Price

Kitsilano: Median Sold Price per SqFt

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