261 W 22nd Avenue — Vancouver West


$ 2,490,000 FOR SALE MLS# R3180253
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DEVELOPMENT OPPORTUNITY in Vancouver's sought-after Cambie neighbourhood! This R1-1 zoned property offers multiplex redevelopment potential. The older home is tenanted, providing stable rental income, and features a 4-year-old furnace, 2-year-old hot water tank and 6-year-old roof. Situated on a quiet residential street, approximately 500 metres from King Edward SkyTrain Station, with easy access to downtown Vancouver and Richmond. Enjoy nearby Cambie Village shops, cafés and restaurants, Main Street boutiques, Queen Elizabeth Park, Hillcrest Community Centre, schools and everyday amenities. A rare opportunity for builders, developers or investors to secure a well-located property in an established, transit-friendly community with long-term holding value and future development potential.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms7
Bathrooms3
Living Area2,490 sqft
Lot Area4,026 sqft
Property TypeResidential – Single Family Residence
MLS® R3180253
StatusActive
Listing BrokerOakwyn Realty Ltd.

Property History

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

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Market Overview

Cambie · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes259
Median Asking Price $ 1,699,900 $ 2,490,000
Median Price per SqFt $1,205 $1,000
Median Days on Market 67
Sold Properties Nov 2026Oct 2026Nov 2025
All Homes 0 ▼100.0% 17 15
Median Selling Price – ▼100.0% $ 1,360,000 $ 1,071,800
Median Price per SqFt – ▼100.0% $1,215 $1,138
Median Days on Market –2140
Median Discount Off Ask –1.2%1.6%
New Listings 15917
Months of Inventory 13.1

At the current sales pace, it would take about 13 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.

Cambie: Number of Sales

Cambie: Median Sold Price

Cambie: Median Sold Price per SqFt

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