4868 Commercial Street — Vancouver East


$ 1,999,000 FOR SALE MLS# R3076530
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Rarely available 60-foot frontage on a quiet street! This 60.8 x 108.5 ft (6,580 sq ft) lot offers outstanding potential under Vancouver’s new R1 zoning, allowing for duplex or multiplex development. An ideal canvas for builders and investors. Located in one of Vancouver’s most walkable, family-friendly pockets: a short walk to Lord Selkirk Elementary and Gladstone Secondary, close to Trout Lake, and shopping on Victoria Drive, enjoy a variety of local cafés, groceries, and shopping. Excellent transit access and bike routes nearby.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms3
Bathrooms1
Living Area1,644 sqft
Lot Area6,575 sqft
Property TypeResidential – Single Family Residence
StyleRancher/Bungalow w/Bsmt.
MLS® R3076530
StatusPending
Listing BrokerOakwyn Realty Ltd.

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

Victoria VE · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes80
Median Asking Price $ 1,491,500 $ 1,999,000
Median Price per SqFt $861 $1,216
Median Days on Market 84
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 1 ▼88.9% 12 9
Median Selling Price $ 960,000 ▼27.5% $ 1,430,000 $ 1,325,000
Median Price per SqFt $799 ▼23.8% $827 $1,048
Median Days on Market 281513
Median Discount Off Ask 4.0%2.3%0.3%
New Listings 11816
Months of Inventory 7.7

At the current sales pace, it would take about 8 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.

Victoria VE: Number of Sales

Victoria VE: Median Sold Price

Victoria VE: Median Sold Price per SqFt

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