1650 Western Parkway — Vancouver West


$ 4,498,000 FOR SALE MLS# R3182230
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A rare opportunity to secure a substantial, level estate property in the University Endowment Lands. Measuring approximately 80 × 172.5 feet, this 13,800-square-foot freehold lot offers the scale and setting to imagine something truly exceptional: a distinguished custom residence or a thoughtfully planned multi-unit residential concept. The property sits in one of Vancouver’s most coveted university-side neighborhoods, close to UBC, Pacific Spirit Regional Park, Spanish Banks, Locarno Beach, shops and transit. For builders and investors, the generous, usable site offers potential to explore a thoughtfully designed multi-unit residential concept under the UEL’s current land-use framework, subject to property-specific zoning, title restrictions and approvals.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms
Bathrooms
Living Area2,746 sqft
Lot Area13,800 sqft
Property TypeResidential – Single Family Residence
MLS® R3182230
StatusActive
Listing BrokerRennie & Associates Realty - Jason Soprovich

Property History

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

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Market Overview

University VW · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes248
Median Asking Price $ 1,042,000 $ 4,498,000
Median Price per SqFt $1,183 $1,638
Median Days on Market 115
Sold Properties Nov 2026Oct 2026Nov 2025
All Homes 1 ▼92.9% 16 14
Median Selling Price $ 1,260,000 ▲16.7% $ 1,114,000 $ 1,080,000
Median Price per SqFt $1,374 ▲36.7% $995 $1,005
Median Days on Market 335127
Median Discount Off Ask 2.9%5.9%4.2%
New Listings 93911
Months of Inventory 10.3

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.

University VW: Number of Sales

University VW: Median Sold Price

University VW: Median Sold Price per SqFt

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