594 E 49th Avenue — Vancouver East


$ 2,499,900 FOR SALE MLS# R2906566
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EXCEPTIONAL OPPORTUNITY FOR INVESTORS & DEVELOPERS! Centrally located Land Assembly with total area of 15,572 sqft next to 49th & Fraser St., next door (610 E 49th Ave and 650 E 49th also on MLS). Please confirm with City of Vancouver as to zoning based on B.C.'s New SSMUH Legislation will allow additional dwellings such as duplex, multi family or 4-6 story Rental building. This home was completely renovated in 2005 and is currently rented for $6,000/month.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms5
Bathrooms3
Living Area3,000 sqft
Lot Area4,372 sqft
Property TypeResidential – Single Family Residence
MLS® R2906566
StatusPending
Listing BrokerRE/MAX Real Estate Services

Property History

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

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Market Overview

South Vancouver · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes122
Median Asking Price $ 1,764,950 $ 2,499,900
Median Price per SqFt $852 $833
Median Days on Market 90
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 0 ▼100.0% 7 12
Median Selling Price ▼100.0% $ 1,699,000 $ 1,522,000
Median Price per SqFt ▼100.0% $805 $837
Median Days on Market 2814
Median Discount Off Ask 1.2%6.4%
New Listings 3228
Months of Inventory 13.1

At the current sales pace, it would take about 13 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 Vancouver: Number of Sales

South Vancouver: Median Sold Price

South Vancouver: Median Sold Price per SqFt

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