1603 W 49th Avenue — Vancouver West


$ 3,750,000 FOR SALE MLS# R3162201
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Prime opportunity on a 13,367 sq ft south-facing corner lot-perfect for a custom dream home or long-term investment. The wide frontage and comer positioning offer excellent design flexibility and strong future value. The existing home is spacious and livable, featuring multiple bedrooms and solid rental potential. Ideally located in sought-after South Granville, within the Maple Grove Elementary and Magee Secondary catchment, close to shopping and transit. Build, invest, or hold in one of Vancouver's best areas.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms8
Bathrooms5
Living Area4,477 sqft
Lot Area13,367 sqft
Property TypeResidential – Single Family Residence
MLS® R3162201
StatusActive
Listing BrokerRoyal Pacific Realty Corp.

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
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

South Granville · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes154
Median Asking Price $ 2,793,500 $ 3,750,000
Median Price per SqFt $1,090 $838
Median Days on Market 78
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 2 ▼86.7% 9 15
Median Selling Price $ 2,414,000 ▼28.7% $ 2,150,000 $ 3,388,000
Median Price per SqFt $816 ▼18.0% $1,080 $995
Median Days on Market 82553
Median Discount Off Ask 6.2%7.1%7.8%
New Listings 5309
Months of Inventory 19.7

At the current sales pace, it would take about 20 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.

South Granville: Number of Sales

South Granville: Median Sold Price

South Granville: Median Sold Price per SqFt

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