2137 E 1st Avenue — Vancouver East


$ 2,500,000 FOR SALE MLS# R2622949
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LAND ASSEMBLY. The Commercial Drive area is a culturally rich and authentic neighbourhood. Build homes for the people who enjoy quaint boutiques, an eclectic collection of restaurants, a vibrant live music and bar scene, dinner and dancing, theatres, coffee houses, specialty food stores and bakeries. The Drive - is one of the best and most colourful shopping, dining and nightlife districts you will find in the city. Possible 4-storey condo building, FSR 1.7, or stacked townhouse or row house, FSR 1.45.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms4
Bathrooms3
Living Area2,235 sqft
Lot Area4,026 sqft
Property TypeResidential – Single Family Residence
MLS® R2622949
StatusExpired
Listing BrokerMacdonald Realty

Property History

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

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Market Overview

Grandview Woodland · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes337
Median Asking Price $ 1,499,888 $ 2,500,000
Median Price per SqFt $1,099 $1,119
Median Days on Market 592
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 8 25
Median Selling Price ▼100.0% $ 1,552,000 $ 1,288,000
Median Price per SqFt ▼100.0% $929 $942
Median Days on Market 817
Median Discount Off Ask -1.0%1.8%
New Listings 45286
Months of Inventory 22.5

At the current sales pace, it would take about 23 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.

Grandview Woodland: Number of Sales

Grandview Woodland: Median Sold Price

Grandview Woodland: Median Sold Price per SqFt

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