2474 E 24th Avenue — Vancouver East


$ 1,598,000 FOR SALE MLS# R3163558
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Exceptional investment opportunity with significant future redevelopment potential. Situated on a 3,828 sq. ft. lot directly abutting the Nanaimo SkyTrain Station and bus loop, the property falls within 200 metres of BC's Transit Oriented Areas, permitting a minimum 20 storeys and 5.0 FSR (up to 5.5 FSR permitted by the City of Vancouver) The property may also be assembled with the neighbouring property at 4011 Kamloops Street, creating an enhanced future redevelopment opportunity. The existing home offers just under 2,400 sq. ft. over two levels, with 5 bedrooms and 3 bathrooms. An excellent opportunity to live in or hold as a rental investment while benefiting from the certainty of substantial future development potential in a highly transit-oriented area.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms5
Bathrooms3
Living Area2,370 sqft
Lot Area3,828 sqft
Property TypeResidential – Single Family Residence
MLS® R3163558
StatusActive
Listing BrokerEngel & Volkers Vancouver

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

Renfrew Heights · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes128
Median Asking Price $ 1,649,444 $ 1,598,000
Median Price per SqFt $917 $674
Median Days on Market 86
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 2 ▼80.0% 10 10
Median Selling Price $ 1,681,500 ▲14.8% $ 1,405,000 $ 1,465,000
Median Price per SqFt $681 ▼20.1% $731 $852
Median Days on Market 131616
Median Discount Off Ask 8.8%3.8%2.3%
New Listings 122010
Months of Inventory 16.3

At the current sales pace, it would take about 16 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.

Renfrew Heights: Number of Sales

Renfrew Heights: Median Sold Price

Renfrew Heights: Median Sold Price per SqFt

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