55 W King Edward Avenue — Vancouver West


$ 3,300,000 FOR SALE MLS# R3155752
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Prime 50’ x 149.12’ LOT in Cambie/Riley Park offering an exceptional opportunity for BUILDERS & DEVELOPERS. Zoned for multiple development options, R1-1 for Multiplex or Duplex, Cambie Corridor Phase 3, and TOA -Tier 3 this is a unique find offering development and assembly potential in one of Vancouver's most sought after neighbourhoods. The existing home has been well maintained and offers excellent livability and revenue potential, w/ a spacious layout, over 3,300sqft of living space including 3 Beds & 3.5 Baths on main & upper level & 3 Bed basement suite below. Centrally located between Cambie and Main St, steps to Canada Line Skytrain Station, Queen Elizabeth Park, Hillcrest Community Centre, and top schools General Wolfe Elementary & Eric Hamber Secondary.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms6
Bathrooms5
Living Area3,354 sqft
Lot Area7,456 sqft
Property TypeResidential – Single Family Residence
MLS® R3155752
StatusActive
Listing BrokerOakwyn Realty Ltd.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
1 event on record for this property

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Market Overview

Cambie · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes198
Median Asking Price $ 1,655,000 $ 3,300,000
Median Price per SqFt $1,224 $984
Median Days on Market 75
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 6 26
Median Selling Price ▼100.0% $ 2,848,000 $ 1,453,000
Median Price per SqFt ▼100.0% $1,325 $1,274
Median Days on Market 1515
Median Discount Off Ask 0.0%2.3%
New Listings 25433
Months of Inventory 20.1

At the current sales pace, it would take about 20 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.

Cambie: Number of Sales

Cambie: Median Sold Price

Cambie: Median Sold Price per SqFt

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