1951 Napier Street — Vancouver East


$ 2,373,000 FOR SALE MLS# R3172588
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Maximize your portfolio with this character-rich, high-yield income property generating nearly $90K in annual revenue. Perfectly situated in the heart of Grandview-Woodland, one of Vancouver’s most historic and sought-after communities, this 1912 home features 5 separate rental suites, including a bright garden suite. Spanning three stories with views of the North Shore Mountains, this property offers incredible versatility as a high-performing holding investment or a premier owner-occupier setup. With its large lot size, there is also excellent potential to build a laneway home for additional future value. Located on a quiet, tree-lined stretch of Napier Street, the home is just two blocks from Commercial Drive and Little Italy. Great central location, 10 min to DT. Call today.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms5
Bathrooms5
Living Area3,060 sqft
Lot Area4,026 sqft
Property TypeResidential – Single Family Residence
MLS® R3172588
StatusActive
Listing BrokerParallel 49 Realty

Property History

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

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Market Overview

Grandview Woodland · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes190
Median Asking Price $ 1,483,444 $ 2,373,000
Median Price per SqFt $967 $775
Median Days on Market 51
Sold Properties Oct 2026Sep 2026Oct 2025
All Homes 5 ▼80.0% 23 25
Median Selling Price $ 1,725,000 ▲45.9% $ 1,100,000 $ 1,182,500
Median Price per SqFt $876 ▼13.3% $1,000 $1,010
Median Days on Market 71510
Median Discount Off Ask -5.0%0.5%1.3%
New Listings 117018
Months of Inventory 6.0

At the current sales pace, it would take about 6 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.

Grandview Woodland: Number of Sales

Grandview Woodland: Median Sold Price

Grandview Woodland: Median Sold Price per SqFt

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