5883 Wallace Street — Vancouver West


$ 1,580 FOR RENT MLS# R3146121
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Master Bedroom for Rent – Dunbar, Vancouver West | Near UBC & Top Schools Available Rooms *Master Bedroom $1580 per month – Available Immediately *Medium Bedroom $1300 per month – Available September 1 Prime Location – Dunbar / Southlands, Vancouver West - Only 5 minutes to UBC - Quiet, safe, and prestigious neighborhood - Located within one of Vancouver’s most desirable school catchments Excellent Transportation - Steps to West 41st Avenue - Direct buses to UBC: 41, 43, 49 & 480 - Convenient bus routes to Downtown Vancouver - Close to shopping, restaurants, parks, and daily amenities Outstanding School Location School Catchment: Southlands Elementary Point Grey Secondary Nearby Private Schools: - 3 minutes to Crofton House School - 5 minutes to UBC - 5 minutes to St. George’s School
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms2
Bathrooms2
Living Area1,000 sqft
Property TypeResidential Lease – Single Family Residence
MLS® R3146121
StatusRented
Listing BrokerOrca Realty Inc.

Property History

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

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Market Overview

Southlands · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes38
Median Asking Price $ 3,098,900 $ 1,580
Median Price per SqFt $1,104 $2
Median Days on Market 110
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 0 ▼100.0% 4 3
Median Selling Price ▼100.0% $ 3,237,750 $ 3,222,000
Median Price per SqFt ▼100.0% $1,064 $1,308
Median Days on Market 3246
Median Discount Off Ask 4.0%5.2%
New Listings 071
Months of Inventory 9.9

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.

Southlands: Number of Sales

Southlands: Median Sold Price

Southlands: Median Sold Price per SqFt

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