1222 E 51st Avenue — Vancouver East


$ 1,450,000 FOR SALE MLS# R3171194
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Solid well kept bungalow with basement in South Vancouver close to Knight Street. Renovated up and down. New kitchen countertops & appliances, new bathrooms up & down, new roof, new hot water tank, 2 new front windows, new back patio door, updated flooring, newer fenced yard, updated drain tiles & sump, newer exterior paint, 1 car garage plus 1 addition parking space. Basement has a living room with gas fireplace, bedroom, bathroom , laundry room & workshop. Move in, hold for future development or develop.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms4
Bathrooms2
Living Area2,039 sqft
Lot Area3,564 sqft
Property TypeResidential – Single Family Residence
StyleRancher/Bungalow w/Bsmt.
MLS® R3171194
StatusActive
Listing BrokerRE/MAX Select Realty

Property History

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

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Market Overview

South Vancouver · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes126
Median Asking Price $ 1,798,500 $ 1,450,000
Median Price per SqFt $847 $711
Median Days on Market 65
Sold Properties Oct 2026Sep 2026Oct 2025
All Homes 0 ▼100.0% 9 6
Median Selling Price – ▼100.0% $ 1,382,000 $ 1,929,000
Median Price per SqFt – ▼100.0% $799 $905
Median Days on Market –4730
Median Discount Off Ask –10.3%3.8%
New Listings 1396
Months of Inventory 13.3

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.