505 N Penticton Street — Vancouver East


$ 1,574,800 FOR SALE MLS# R3167501
Share this listing
Prime redevelopment opportunity in the highly desirable Hastings-Sunrise neighbourhood! Situated on a flat 39' × 99' lot (3,861 sq. ft.) with R1-1 zoning, this 99-year-old home is being sold primarily for land value. An excellent opportunity for builders, developers, or buyers looking to create a custom home in one of East Vancouver’s most sought-after communities. Gorgeous location close to parks, schools, shopping, restaurants, transit, and everyday amenities, with quick and convenient access to downtown Vancouver. Buyers to verify all redevelopment options with the City of Vancouver.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
See the Map Location & Walk Score for this home Open → Hide ↑

Property Details

Bedrooms2
Bathrooms1
Living Area2,566 sqft
Lot Area3,861 sqft
Property TypeResidential – Single Family Residence
MLS® R3167501
StatusActive
Listing BrokerRoyal LePage West Real Estate Services

Property History

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

Create a free account to see this property's full listing and sold history.

See Sold Prices

Sold price history is provided under our real estate board's data licence. Registration is three quick steps: your details, the board's terms of use, and a confirmation email. Access then runs for 30 days and is renewable.

New here? Create an account

See a sample →

Request a Showing

Market Overview

Hastings Sunrise · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes58
Median Asking Price $ 1,499,950 $ 1,574,800
Median Price per SqFt $908 $614
Median Days on Market 70
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 5 ▼28.6% 9 7
Median Selling Price $ 1,500,000 ▼4.2% $ 1,460,000 $ 1,565,000
Median Price per SqFt $629 ▼27.3% $892 $865
Median Days on Market 11812
Median Discount Off Ask 3.2%2.7%0.0%
New Listings 1589
Months of Inventory 8.1

At the current sales pace, it would take about 8 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

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.

Hastings Sunrise: Number of Sales

Hastings Sunrise: Median Sold Price

Hastings Sunrise: Median Sold Price per SqFt

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