505 3456 Commercial Street — Vancouver East


$ 725,000 FOR SALE MLS# R2930891
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Welcome to Mercer by Cressey, off Commercial Drive! This stunning top-floor 1-bedroom, 1-bathroom condo features a versatile den and in-suite storage, perfect for modern living. Enjoy an efficient layout with hardwood flooring and a fully integrated kitchen, complete with stone countertops and high-end Kitchenaid appliances. Additional highlights include underground parking and access to a secure bike room. Located on a quiet, charming street, you’re just steps away from delightful cafes and the Equinox Art Gallery. Plus, with Trout Lake and surrounding parks nearby, this location offers the ideal blend of urban convenience and serene living. Don’t miss out—schedule your viewing today!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area659 sqft
Property TypeResidential – Apartment/Condo
MLS® R2930891
StatusTerminated
Listing BrokerRenanza Realty Inc.

Property History

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

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Market Overview

Victoria VE · Vancouver East · Condos

Active PropertiesAll ActiveThis Property
Condos43
Median Asking Price $ 818,000 $ 725,000
Median Price per SqFt $975 $1,100
Median Days on Market 654
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 0 ▼100.0% 0 3
Median Selling Price ▼100.0% $ 788,000
Median Price per SqFt ▼100.0% $946
Median Days on Market 26
Median Discount Off Ask 1.5%
New Listings 623
Months of Inventory 32.3

At the current sales pace, it would take about 32 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.

Victoria VE: Number of Sales

Victoria VE: Median Sold Price

Victoria VE: Median Sold Price per SqFt

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