2898 Natal Street — Vancouver East


$ 2,198,000 FOR SALE MLS# R3148454
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Rare income-producing RT-2-zoned corner property offering immediate rental income and redevelopment potential. Thoughtfully renovated and converted in 2023 into three separate suites, each with its own laundry. The property currently generates approximately $7,000/monthly rental income, making it an excellent mortgage helper. Situated within the TOA Tier 2 area, this corner lot offers lane and side access, providing excellent flexibility. Perfect for investors, multi-generational families, or buyers looking to live in one suite while collecting rental income from the other two. This is a rare combination of future land value upside, strong rental income, and an excellent location close to transit, parks, restaurants, and supermarkets.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms8
Bathrooms3
Living Area2,224 sqft
Lot Area3,696 sqft
Property TypeResidential – Single Family Residence
MLS® R3148454
StatusActive
Listing BrokerRoyal Regal Realty Ltd.

Property History

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

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Market Overview

Renfrew Heights · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes131
Median Asking Price $ 1,675,000 $ 2,198,000
Median Price per SqFt $913 $988
Median Days on Market 84
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 9 ▼10.0% 11 10
Median Selling Price $ 1,555,000 ▲6.1% $ 1,310,000 $ 1,465,000
Median Price per SqFt $857 ▲0.6% $734 $852
Median Days on Market 121716
Median Discount Off Ask 4.9%4.7%2.3%
New Listings 32189
Months of Inventory 16.4

At the current sales pace, it would take about 16 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.

Renfrew Heights: Number of Sales

Renfrew Heights: Median Sold Price

Renfrew Heights: Median Sold Price per SqFt

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