549 E 56th Avenue — Vancouver East


$ 1,688,000 FOR SALE MLS# R3149539
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Located in highly desirable Vancouver South. This well-maintained Vancouver Special offers exceptional value and convenience just steps to transit, parks, top-rated schools, shopping, and Langara College. Featuring 5 bedrooms, this home includes a bright upper level with spacious living areas and a functional layout, plus a self-contained mortgage helper suite with separate entry—perfect for extended family or rental income. Torch on asphalt roof approx. 18 years old A rare opportunity to own in a family-friendly, amenity-rich. Neighborhood with strong long-term investment potential. 2 indoor garage. )
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms5
Bathrooms3
Living Area2,290 sqft
Lot Area3,564 sqft
Property TypeResidential – Single Family Residence
MLS® R3149539
StatusActive
Listing BrokerRE/MAX Crest Realty

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

South Vancouver · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes118
Median Asking Price $ 1,788,445 $ 1,688,000
Median Price per SqFt $851 $737
Median Days on Market 92
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 0 ▼100.0% 7 12
Median Selling Price ▼100.0% $ 1,699,000 $ 1,522,000
Median Price per SqFt ▼100.0% $805 $837
Median Days on Market 2814
Median Discount Off Ask 1.2%6.4%
New Listings 5227
Months of Inventory 12.6

At the current sales pace, it would take about 13 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.

South Vancouver: Number of Sales

South Vancouver: Median Sold Price

South Vancouver: Median Sold Price per SqFt

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