816 168 Powell Street — Vancouver East


$ 438,000 FOR SALE MLS# R3137925
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Built by Concord Pacific. Smart building is a low rise modern complex with easy access to historical Gastown. Steps to great dining spots, Seabus and nearby Convention Centre. Open concept 1 bedroom 1 bathroom with great layout allowing maximum use of space. Unit has floor to ceiling window which bring in natural light. In-suite laundry. Building has exercise room, bike room, garbage room and care taker. Located in Downtown District of Vancouver and 15 min walk to skytrain and Seabus to northshore. Building is well-maintained, great for investor looking for good rental income considering the proximity to major office downtown core. Great home to buy for buyer who want to live near workplace due to easy access by bike, or walk to downtown area. Lots of festibals all summer round in Gastown.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area565 sqft
Lot Area565 sqft
Property TypeResidential – Apartment/Condo
MLS® R3137925
StatusActive
Listing BrokerMagsen Realty Inc.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
1 event on record for this property

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Market Overview

Downtown VE · Vancouver East · Condos

Active PropertiesAll ActiveThis Property
Condos34
Median Asking Price $ 749,900 $ 438,000
Median Price per SqFt $855 $775
Median Days on Market 61
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 4121
Months of Inventory 9.7

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.

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.