2866 Sotao Avenue — Vancouver East


$ 974,888 FOR SALE MLS# R3159107
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Welcome to Fraserview Terrace in Vancouver’s highly desirable Riverfront Park neighbourhood. Enjoy the best of West Coast Living with Riverside Park, waterfront trails, cycling paths, and green space steps away. Shops, schools, restaurants, and transit are close by. This FREEHOLD spacious townhome includes 3 Bedrooms, 3 FULL Bathrooms, and a Bonus Den/Office/Gym/Guest space. Stay cool and warm with A/C and forced-air heating (Heat Pump). Updated Laminate Flooring, Quartz Countertops, updated kitchen, bathrooms and a garage for your vehicle and outdoor gear. Relax on the Patio while you BBQ and enjoy the outdoors. Located on the quiet side of the complex. Yes, pets are allowed. Open House Sunday Aug 30th from 2pm to 4pm.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms3
Bathrooms3
Living Area1,441 sqft
Property TypeResidential – Townhouse
Style3 Storey
MLS® R3159107
StatusActive
Listing BrokereXp Realty of Canada, Inc.

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

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Market Overview

South Marine · Vancouver East · Houses

Active PropertiesAll ActiveThis Property
Houses20
Median Asking Price $ 999,844 $ 974,888
Median Price per SqFt $697 $677
Median Days on Market 52
Sold Properties Aug 2026Jul 2026Aug 2025
Houses 0 ▼100.0% 1 4
Median Selling Price ▼100.0% $ 1,060,000 $ 1,134,750
Median Price per SqFt ▼100.0% $642 $680
Median Days on Market 5861
Median Discount Off Ask 15.1%4.2%
New Listings 572
Months of Inventory 20.0

At the current sales pace, it would take about 20 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 Marine: Number of Sales

South Marine: Median Sold Price

South Marine: Median Sold Price per SqFt

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