87 E Cordova Street — Vancouver East


$ 1,229,000 FOR SALE MLS# R2909045
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Rarely available and highly sought-after commercial live/work loft in historic Koret Lofts, a century-old, remade warehouse located in the heart of bustling Gastown. This 1,743 SF loft has those New York vibes coupled with heritage charm, offering 18' ceilings, all original fir beams, brick wall, and wood floors, as well as finished concrete throughout. Comes with in-suite laundry and one secure parking. Gastown's 'it' building, known for its tight-knit community and well-managed strata. Potential cash cow opportunity - this is one of Vancouver's few fully-approved buildings, allowing Airbnb rentals. Guests will love walking down the cobblestones to the area's highly-rated shops, restaurants, and cafes. This ground-level home has endless opportunities.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms2
Living Area1,743 sqft
Property TypeResidential – Apartment/Condo
StyleGround Level Unit, Loft/Warehouse Conv.
MLS® R2909045
StatusTerminated
Listing BrokerThe Agency Vancouver

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
Mmm 00, 0000 R0000000 $0,000,000 Listed

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Market Overview

Downtown VE · Vancouver East · Condos

Active PropertiesAll ActiveThis Property
Condos131
Median Asking Price $ 768,000 $ 1,229,000
Median Price per SqFt $898 $705
Median Days on Market 693
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 0 ▼100.0% 0 7
Median Selling Price ▼100.0% $ 720,000
Median Price per SqFt ▼100.0% $849
Median Days on Market 39
Median Discount Off Ask 4.8%
New Listings 792
Months of Inventory 37.4

At the current sales pace, it would take about 37 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.

Downtown VE: Number of Sales

Downtown VE: Median Sold Price

Downtown VE: Median Sold Price per SqFt

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