557 E 58th Avenue — Vancouver East


$ 2,058,888 FOR SALE MLS# R3081121
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Excellent opportunity in the desirable Sunset neighbourhood, a family-friendly and well connected community with strong long term value. Set on a long 33’ x 162’ lot, ideal for a multi family development project. The home is currently rented to long term tenants, making it a solid investment property. End users can benefit from 3,229 sq ft of living space, including a lower level 3 bedroom suite. Centrally located near parks, schools, transit, and shopping, with easy access to Downtown Vancouver and YVR. A rare holding and income property offering immediate cash flow and excellent long term potential in a high demand neighbourhood.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms6
Bathrooms4
Living Area3,229 sqft
Lot Area5,346 sqft
Property TypeResidential – Single Family Residence
MLS® R3081121
StatusActive
Listing BrokerRE/MAX City Realty

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

South Vancouver · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes105
Median Asking Price $ 1,790,000 $ 2,058,888
Median Price per SqFt $873 $638
Median Days on Market 76
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 1 9
Median Selling Price ▼100.0% $ 1,450,000 $ 1,705,000
Median Price per SqFt ▼100.0% $697 $779
Median Days on Market 2511
Median Discount Off Ask 9.4%2.0%
New Listings 15226
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.

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.