5626 Elizabeth Street — Vancouver West


$ 4,188,000 FOR SALE MLS# R3144908
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An exceptional opportunity in the heart of the Cambie Corridor Phase 3 redevelopment area. This well-maintained property offers outstanding flexibility and income potential with two rental suites—a basement suite and a laneway home—ideal for investors or end-users looking to offset ownership costs. Situated just steps to Oakridge Centre, the SkyTrain, and everyday amenities, the location delivers unbeatable convenience and long-term value. Whether you choose to hold, rent, or plan for future redevelopment, this is a rare chance to secure a prime property in one of Vancouver’s most transformative neighbourhoods. OH Aug 16, Sun 2-4pm
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms8
Bathrooms8
Living Area4,731 sqft
Lot Area5,520 sqft
Property TypeResidential – Single Family Residence
StyleLaneway House
MLS® R3144908
StatusActive
Listing BrokerDracco Pacific 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

Cambie · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes198
Median Asking Price $ 1,655,000 $ 4,188,000
Median Price per SqFt $1,224 $885
Median Days on Market 75
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 6 26
Median Selling Price ▼100.0% $ 2,848,000 $ 1,453,000
Median Price per SqFt ▼100.0% $1,325 $1,274
Median Days on Market 1515
Median Discount Off Ask 0.0%2.3%
New Listings 25433
Months of Inventory 20.1

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.

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.

Cambie: Number of Sales

Cambie: Median Sold Price

Cambie: Median Sold Price per SqFt

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