1372 Ottawa Avenue — West Vancouver


$ 3,788,000 FOR SALE MLS# R3091902
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Over 23,000 sqft of land with ocean views,3 separate income streams & subdivision potential nearing final stages. This property features a[3Bed-2Bath] on the main level, A [2Bed-2Bath] above & A [Bachelor- Bath] below, generating strong and diversified rental income from day one. Subdivision activity is actively being approved in the neighborhood, & this property is just steps from finalizing its own process. Hold for cash flow, move forward with subdivision, or secure for future development. Income today, Grow your money tomorrow — a rare opportunity with stability & upside that don’t come often. Whether you’re an End-user, investor or developer, the value make sense from day one. Call for private showing to discuss how this fits into your Real-estate strategy.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms5
Bathrooms5
Living Area3,165 sqft
Lot Area23,740 sqft
Property TypeResidential – Single Family Residence
MLS® R3091902
StatusTerminated
Listing BrokerSutton Group-West Coast 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

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Market Overview

Ambleside · West Vancouver · All Homes

Active PropertiesAll ActiveThis Property
All Homes94
Median Asking Price $ 2,365,000 $ 3,788,000
Median Price per SqFt $928 $1,197
Median Days on Market 78
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 0 ▼100.0% 14 12
Median Selling Price ▼100.0% $ 2,300,000 $ 1,547,500
Median Price per SqFt ▼100.0% $872 $1,029
Median Days on Market 206
Median Discount Off Ask 2.7%2.0%
New Listings 0179
Months of Inventory 10.4

At the current sales pace, it would take about 10 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.

Ambleside: Number of Sales

Ambleside: Median Sold Price

Ambleside: Median Sold Price per SqFt

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