Basement Suite 1498 Palmerston Avenue — West Vancouver


$ 2,400 FOR RENT MLS# R3160307
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Welcome home to Ambleside, West Vancouver! This spacious basement suite features 1000 sqft of living space, fully furnished, high ceiling. Luxury features include: 2 Bed 1 Bath, gourmet kitchen, in-suite laundry, separate entrance, 1 street parking. Minutes away from Ridgeview Elementary School, Westcot Elementary School, West Vancouver Secondary School; elite Hollyburn Golf and Country Club, and Capilano Golf and Country Club; world renowned Ambleside Beach Park and ocean-front boardwalk; Park Royal shopping centre; artisan restaurants and Cafés; banks, clinics, and all other everyday amenities. With easy access to Cypress Mountain and Whistler resorts, this is also a skier’s paradise indeed.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms2
Bathrooms1
Living Area1,000 sqft
Property TypeResidential Lease – Single Family Residence
MLS® R3160307
StatusActive
Listing BrokerSincere Real Estate Services

Property History

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

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Market Overview

Ambleside · West Vancouver · All Homes

Active PropertiesAll ActiveThis Property
All Homes94
Median Asking Price $ 2,365,000 $ 2,400
Median Price per SqFt $928 $2
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.