7520 Balaclava Street — Vancouver West


$ 20,000,000 FOR SALE MLS# R3179337
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ONCE IN A LIFETIME OPPORTUNITY TO OWN GRAYROSS ESTATES A WATERFRONT FREEHOLD PROPERTY IN 7.99 ACRES with boat mortgage and endless views. Live the equestrian lifestyle in fabulous Southlands on the West Side of beautiful Vancouver. Build 1 to 3 homes on this large acreage. 15 minutes from downtown Vancouver and 10 minutes to YVR. Four major golf courses minutes away. Some of the beat private schools only 10 minutes by car and UBC is 15 minutes away. Also zoned for a barn. Over 900 feet of waterfront. Take a stroll down the street to Southlands Riding Club 16 acres to watch a Polo match or World Class Equestrian competitions. This unique country property has something you will never find anywhere and is in the heart of a world class city. Vancouver. Info/soning to be confirmed buyer.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms
Bathrooms
Living Area
Property TypeLand
MLS® R3179337
StatusActive
Listing BrokerMacdonald 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

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Market Overview

Southlands · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes37
Median Asking Price $ 2,988,000 $ 20,000,000
Median Price per SqFt $1,077 –
Median Days on Market 77
Sold Properties Oct 2026Sep 2026Oct 2025
All Homes 4 ▼20.0% 5 5
Median Selling Price $ 2,504,000 ▼39.7% $ 2,700,000 $ 4,150,000
Median Price per SqFt $801 ▼24.9% $1,085 $1,067
Median Days on Market 222641
Median Discount Off Ask 10.5%2.9%4.3%
New Listings 771
Months of Inventory 8.9

At the current sales pace, it would take about 9 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.

Southlands: Number of Sales

Southlands: Median Sold Price

Southlands: Median Sold Price per SqFt

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