4849 Oak Street — Vancouver West


$ 4,480,000 FOR SALE MLS# R3123866
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Shaughnessy land opportunity for active multiplex builders! The lot spans across 6,480 sq ft lot with a 54-ft frontage, qualifying for the maximum yield under R1-1 zoning (6 strata units or 8 secured rental). Up to 6,480 sq ft buildable at 1.0 FSR across 3 storeys. No heritage designation and the existing home built in 1926 makes straightforward demo and build path. Ground-oriented townhome product in Shaughnessy sells to deep pocketed and lifestyle driven buyers in the area with great absorption in any market. The neighbourhood is the marketing. The zoning is confirmed. The product sells. Build your best project at one of Vancouver's most enduring addresses.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms4
Bathrooms2
Living Area3,895 sqft
Lot Area6,480 sqft
Property TypeResidential – Single Family Residence
MLS® R3123866
StatusActive
Listing BrokerOakwyn Realty Ltd.

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

Shaughnessy · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes99
Median Asking Price $ 4,600,000 $ 4,480,000
Median Price per SqFt $1,149 $1,150
Median Days on Market 86
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 3 8
Median Selling Price ▼100.0% $ 4,389,000 $ 4,875,000
Median Price per SqFt ▼100.0% $883 $1,028
Median Days on Market 1744
Median Discount Off Ask 8.4%9.8%
New Listings 7261
Months of Inventory 37.1

At the current sales pace, it would take about 37 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.

Shaughnessy: Number of Sales

Shaughnessy: Median Sold Price

Shaughnessy: Median Sold Price per SqFt

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