1052 W W 53rd Avenue — Vancouver West


$ 4,980,000 FOR SALE MLS# R3176014
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Exceptional redevelopment opportunity in prestigious South Granville! This 18,000 sq. ft. lot features a 5,128 sq. ft. home and offers multiplex development potential with possible subdivision. A DP has been issued for 6 detached homes, and architectural drawings prepared at $100k+ are included in the sale. Renovated in 2023, the existing home remains livable and rentable, offering holding-income potential. The seller reports bed-and-breakfast income exceeding $200k in 2025. Close to prestigious schools such as Winston Churchill, Eric Hamber, Crofton, York House, & St. George's. Just a few minutes away from Oakridge Park, restaurants, and supermarkets. Sold “as is, where is.”
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms5
Bathrooms7
Living Area5,128 sqft
Lot Area18,000 sqft
Property TypeResidential – Single Family Residence
Style4 Level Split
MLS® R3176014
StatusActive
Listing BrokerRE/MAX Westcoast

Property History

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

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Market Overview

South Granville · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes163
Median Asking Price $ 2,788,000 $ 4,980,000
Median Price per SqFt $1,075 $971
Median Days on Market 88
Sold Properties Oct 2026Sep 2026Oct 2025
All Homes 4 ▼50.0% 9 8
Median Selling Price $ 1,432,500 ▼59.7% $ 2,420,000 $ 3,557,500
Median Price per SqFt $1,061 ▲12.6% $871 $942
Median Days on Market 71821
Median Discount Off Ask 1.9%8.7%7.5%
New Listings 20366
Months of Inventory 18.8

At the current sales pace, it would take about 19 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 Granville: Number of Sales

South Granville: Median Sold Price

South Granville: Median Sold Price per SqFt

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