5388 Wallace St — Vancouver West


$ 2,900 FOR RENT MLS# R2961509
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2Bedroom 1Bath Laneway house near UBC(6 Minutes Drive) - Type: 2Bedroom, 1Bath Laneway house - Location: 5388 Wallace St Vancouver - Size: 1000 Sqft - Parking : Street Parking Features: - Quiet inner street, plenty of sunshine - Private kitchen with refrigerator, oven, stove, washer, and dryer - Furnished - Radiant floor heating Requirements: - No smoking, no pets, no marijuana - Min 1year lease School Catchment: Southlands Elementary and Point Grey Secondary Nearby Amenities: - 6minute drive to UBC - 2minute drive or 10minute walk to Dunbar Village (Save-on-Foods, H-Mart, restaurants, and more) - 3minute walk to bus stops: 49 bus (direct to UBC, 10-minute ride) and 41 bus (direct to Oakridge Skytrain Station)
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms2
Bathrooms1
Living Area860 sqft
Property TypeResidential Lease – Single Family Residence
MLS® R2961509
StatusRented
Listing BrokerRoyal Regal Realty Ltd.

Property History

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

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Market Overview

Dunbar · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes150
Median Asking Price $ 2,964,000 $ 2,900
Median Price per SqFt $1,209 $3
Median Days on Market 81
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 3 ▼40.0% 15 5
Median Selling Price $ 2,830,000 ▲14.1% $ 2,990,000 $ 2,480,000
Median Price per SqFt $1,036 ▼27.4% $1,067 $1,427
Median Days on Market 941923
Median Discount Off Ask 12.9%3.8%2.7%
New Listings 03213
Months of Inventory 11.1

At the current sales pace, it would take about 11 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.

Dunbar: Number of Sales

Dunbar: Median Sold Price

Dunbar: Median Sold Price per SqFt

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