302 688 E 56th Avenue — Vancouver East


$ 524,988 FOR SALE MLS# R3140446
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2 bedrooms top floor condo. Open layout, in-suite laundry, renovated bathroom. Great location; measurement approximate. Owner occupied. Give plenty of time for showing. 10 minutes walk to John Henderson Elementary School. Quiet side of the building. View of Richmond. Pet allowed. Freshly painted recently, new microwave, blinds, lighting, kitchen counter and more. 1 secured parking & 1 locker plus storage or pantry inside the unit. Few minutes walk to 49th and Fraser. Restaurants and grocery in the area including Superstore to the South.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms2
Bathrooms1
Living Area716 sqft
Property TypeResidential – Apartment/Condo
MLS® R3140446
StatusActive
Price Change↓ Price Reduced
Listing BrokerParallel 49 Realty

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change
2 events on record for this property

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Market Overview

South Vancouver · Vancouver East · Condos

Active PropertiesAll ActiveThis Property
Condos10
Median Asking Price $ 512,394 $ 524,988
Median Price per SqFt $957 $733
Median Days on Market 53
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 0 0 0
Median Selling Price
Median Price per SqFt
Median Days on Market
Median Discount Off Ask
New Listings 210
Months of Inventory 20.0

At the current sales pace, it would take about 20 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.

Only a few homes have sold here recently, so this figure swings easily — read it as a rough guide, not a precise number.

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.