Basement 1263 E 55th Avenue — Vancouver East


$ 1,700 FOR RENT MLS# R2947964
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Welcome home to this brand new basement suite in South Vancouver. Radiant floor heating! This basement suite features nearly 500 sqft living space with 1 bedroom, 1 bathroom and perfect size of the kitchen with all Brand-New Appliances Including Fridge and Freezer, Stove and Oven. Laminate flooring all through the unit. Separate entrance and in-suite washer and dryer. Plenty of street Parking. SORRY NO PETS.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area480 sqft
Property TypeResidential Lease – Half Duplex
MLS® R2947964
StatusRented
Listing BrokerRoyal First Realty

Property History

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

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Market Overview

South Vancouver · Vancouver East · Townhomes & Attached

Active PropertiesAll ActiveThis Property
Townhomes & Attached25
Median Asking Price $ 1,398,000 $ 1,700
Median Price per SqFt $900 $4
Median Days on Market 63
Sold Properties Sep 2026Aug 2026Sep 2025
Townhomes & Attached 1 ▼66.7% 1 3
Median Selling Price $ 1,246,000 ▼7.4% $ 1,350,000 $ 1,345,000
Median Price per SqFt $821 ▼9.9% $1,006 $911
Median Days on Market 1442814
Median Discount Off Ask 10.9%2.8%4.5%
New Listings 642
Months of Inventory 10.0

At the current sales pace, it would take about 10 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 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.