1385 E 7th Avenue — Vancouver East


$ 1,838,383 FOR SALE MLS# R3119324
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Zoned RM-4 and situated within Tier 2 of the Transit-Oriented Area (TOA) surrounding the Commercial-Broadway transit hub, this site offers significant upside under the Province's new transit-oriented development framework, including increased density and reduced parking requirements. Strong triplex potential under current multi-family zoning, with additional density opportunities available through TOA provisions. Buyer to verify with COV. Whether you're a builder looking for your next project, an investor seeking a long term land play, or a developer assembling sites in a high-growth corridor, 1385 E 7th delivers location, zoning, and timing. Walking distance to SkyTrain, the Commercial Drive shopping and dining district, parks, and schools.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms5
Bathrooms2
Living Area1,997 sqft
Lot Area4,023 sqft
Property TypeResidential – Single Family Residence
StyleRancher/Bungalow, Rancher/Bungalow w/Bsmt.
MLS® R3119324
StatusActive
Listing BrokerHeller Murch Realty

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

Grandview Woodland · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes158
Median Asking Price $ 1,493,500 $ 1,838,383
Median Price per SqFt $989 $921
Median Days on Market 57
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 8 25
Median Selling Price ▼100.0% $ 1,552,000 $ 1,288,000
Median Price per SqFt ▼100.0% $929 $942
Median Days on Market 817
Median Discount Off Ask -1.0%1.8%
New Listings 34335
Months of Inventory 10.5

At the current sales pace, it would take about 11 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.

Grandview Woodland: Number of Sales

Grandview Woodland: Median Sold Price

Grandview Woodland: Median Sold Price per SqFt

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