1389 E 54th Avenue — Vancouver East


$ 1,949,900 FOR SALE MLS# R3093574
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This is the first time this 7-bedroom, 4-bathroom residence is on the market. Offering exceptional flexibility in a sought-after South Vancouver location. With approximately 2,206 sq. ft. of living space, the home features a spacious main residence with three bedrooms, complemented by two self-contained suites (two-bedroom and two-bedroom), providing strong mortgage helper potential. This home is currently fully tenanted, making it an excellent opportunity for investors or those seeking a multi-generational living arrangement with added revenue. Conveniently located near major transit routes, shopping, schools, and amenities. Interior photos are virtually staged. New patio vinyl membrane and stairs (June 2026) OPEN HOUSE: Aug 15 & 16 2-4PM
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms7
Bathrooms4
Living Area2,206 sqft
Lot Area3,795 sqft
Property TypeResidential – Single Family Residence
MLS® R3093574
StatusActive
Listing BrokereXp Realty

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 Homes118
Median Asking Price $ 1,788,445 $ 1,949,900
Median Price per SqFt $851 $884
Median Days on Market 92
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 5227
Months of Inventory 12.6

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.