Ph2a 2988 W Alder St — Vancouver West


$ 1,359,000 FOR SALE MLS# R3160642
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Welcome to Shaughnessy Gate! This spacious 2-bedroom, 2-bathroom penthouse offers comfortable one-level living with impressive views of False Creek, downtown Vancouver and the North Shore Mountains. The well-designed layout features generous living and dining areas, a bright solarium, in-suite laundry and storage, plus a private balcony. Additional highlights include two parking spaces, with an EV charger installed at one of the stalls. This well-managed concrete building is fully rain-screened and features upgraded elevators, along with amenities including a bike room, clubhouse, storage and tennis court. Ideally located just steps from the shops, restaurants and amenities of South Granville, with convenient access to transit and downtown. Pet-friendly with restrictions.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms2
Bathrooms2
Living Area1,243 sqft
Property TypeResidential – Apartment/Condo
StylePenthouse
MLS® R3160642
StatusActive
Listing BrokerOakwyn Realty Ltd.

Property History

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

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Market Overview

Fairview VW · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos107
Median Asking Price $ 849,000 $ 1,359,000
Median Price per SqFt $1,000 $1,093
Median Days on Market 51
Sold Properties Sep 2026Aug 2026Sep 2025
Condos 1 ▼93.7% 16 16
Median Selling Price $ 939,000 ▲16.2% $ 733,500 $ 807,750
Median Price per SqFt $899 ▼4.3% $918 $939
Median Days on Market 132532
Median Discount Off Ask 3.2%5.6%4.1%
New Listings 13520
Months of Inventory 5.1

At the current sales pace, it would take about 5 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.

Fairview VW: Number of Sales

Fairview VW: Median Sold Price

Fairview VW: Median Sold Price per SqFt

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