2188 W 5th Avenue — Vancouver West


$ 4,990,000 FOR SALE MLS# R2822276
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ATTENTION: INVESTORS AND DEVELOPERS - Rare opportunity to own within the newly approved Broadway Plan (Kitsilano North in the Broadway Plan). Max Potential of 6.5 FSR market rental tower. Your chance to be one of the first to own in this highly desirable development area. 5 minutes walk to the future Arbutus skytrain station. 10 min walk to Kits Beach. Close to shopping, restaurants, and schools. Several development options available under the Broadway Plan. To be sold together with 2182 W 5th Avenue. Each lot is 25’ x 120' (50’ frontage x 120’ Depth in total). Current home at 2188 W 5th is a 4 storey California Beach House style duplex and is separated into one two bedroom legal suite and one 3 bedroom legal suite.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms5
Bathrooms3
Living Area2,528 sqft
Lot Area3,000 sqft
Property TypeResidential – Single Family Residence
StyleOther
MLS® R2822276
StatusExpired
Listing BrokerDracco Pacific Realty

Property History

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

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Market Overview

Kitsilano · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes422
Median Asking Price $ 1,598,000 $ 4,990,000
Median Price per SqFt $1,190 $1,974
Median Days on Market 627
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 11 49
Median Selling Price ▼100.0% $ 1,730,000 $ 1,108,000
Median Price per SqFt ▼100.0% $1,089 $1,111
Median Days on Market 1315
Median Discount Off Ask 2.2%2.9%
New Listings 444612
Months of Inventory 22.4

At the current sales pace, it would take about 22 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.

Kitsilano: Number of Sales

Kitsilano: Median Sold Price

Kitsilano: Median Sold Price per SqFt

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