3240 W 1st Avenue — Vancouver West


$ 5,499,000 FOR SALE MLS# R3166194
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You will be impressed with this exquisitely renovated triplex captures sweeping views of the North Shore mountains, Burrard Inlet, and downtown. Set along iconic cherry blossoms and prestigious Point Grey Road, it pairs refined luxury with exceptional versatility. The upper two levels features an elegant one bedroom owner’s retreat with a chef inspired kitchen, built-in steam oven, gas fireplace, folding doors for seamless indoor-outdoor living, spa like steam shower, two baths and hot tub. The main floor offers a sophisticated one bedroom suite with large kitchen, wainscoting, electric fireplace and 1.5 bathrooms. The garden level features a renovated one bedroom view suite and impressive artist’s studio with gas fireplace. Call us today to view this rare offering!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms3
Bathrooms5
Living Area3,474 sqft
Lot Area4,026 sqft
Property TypeResidential – Single Family Residence
StyleOther
MLS® R3166194
StatusActive
Listing BrokerMacdonald Realty

Property History

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

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Market Overview

Kitsilano · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes291
Median Asking Price $ 1,450,000 $ 5,499,000
Median Price per SqFt $1,110 $1,583
Median Days on Market 61
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 13 ▼72.9% 52 48
Median Selling Price $ 1,381,200 ▲58.0% $ 1,188,000 $ 874,000
Median Price per SqFt $1,061 ▼0.7% $1,054 $1,068
Median Days on Market 191518
Median Discount Off Ask 3.9%2.2%2.9%
New Listings 755163
Months of Inventory 6.3

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.

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.