Wallace Street Street — Vancouver West


$ 8,980 FOR RENT MLS# R3133139
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Architecturally designed by renowned architect Michael Katz, this exceptional luxury residence showcases premium craftsmanship and top-of-the-line finishings throughout. Elegantly and artistically decorated, this home offers timeless sophistication and functional family living in one of Vancouver’s most prestigious neighbourhoods. Featuring beautiful cherry hardwood flooring, soaring ceilings, a dramatic spiral staircase entry, and four fireplaces, this residence offers an impressive blend of luxury and comfort—book your viewing today! NEIGHBOURHOOD FEATURES Excellent School Catchment: • Southlands Elementary (K–7) • Point Grey Secondary (8–12) • Kitsilano Secondary French Immersion (8–12)
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms5
Bathrooms5
Living Area5,000 sqft
Property TypeResidential Lease – Single Family Residence
MLS® R3133139
StatusActive
Listing BrokerOrca 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

Southlands · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes28
Median Asking Price $ 3,200,000 $ 8,980
Median Price per SqFt $1,142 $2
Median Days on Market 116
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 2 1
Median Selling Price ▼100.0% $ 6,994,000 $ 2,855,000
Median Price per SqFt ▼100.0% $1,192 $694
Median Days on Market 307
Median Discount Off Ask -1.7%-2.4%
New Listings 511
Months of Inventory 14.0

At the current sales pace, it would take about 14 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.