2575 W 3rd Avenue — Vancouver West


$ 2,988,000 FOR SALE MLS# R3105822
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Rare opportunity to own a beautifully maintained 5-suite revenue property in the heart of Kitsilano just steps to Kits Beach and the waterfront. This classic 1912 character home sits on a prime 50x120 ft flat, elevated lot on a quiet block and was substantially rebuilt in 1978/79. Each suite features its own electrical meter, hot water tank, full kitchen with dishwasher, and electric heat—ideal for investors or multigenerational living. Extensive upgrades include modern wiring, updated windows, renovated kitchens and bathrooms (2010), fully renovated Suite 1(2020), and a brand-new roof(2025). Bonus 10-ft undeveloped attic offers future potential. Mechanically sound, well maintained, and tenanted by excellent long-term residents in one of Vancouver’s most desirable beachside neighbourhoods.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms8
Bathrooms5
Living Area3,808 sqft
Lot Area6,000 sqft
Property TypeResidential – Single Family Residence
MLS® R3105822
StatusPending
Listing BrokerPospischil Realty Group

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

Kitsilano · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes260
Median Asking Price $ 1,498,900 $ 2,988,000
Median Price per SqFt $1,115 $785
Median Days on Market 62
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 4 ▼91.7% 52 48
Median Selling Price $ 993,750 ▲13.7% $ 1,188,000 $ 874,000
Median Price per SqFt $843 ▼21.1% $1,054 $1,068
Median Days on Market 181518
Median Discount Off Ask 6.3%2.2%2.9%
New Listings 95363
Months of Inventory 5.7

At the current sales pace, it would take about 6 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

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.

Kitsilano: Number of Sales

Kitsilano: Median Sold Price

Kitsilano: Median Sold Price per SqFt

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