3807 Victoria Drive — Vancouver East


$ 1,888,000 FOR SALE MLS# R3138535
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INVESTOR ALERT! Never before on the market. This 3-unit multi-family conversion offers massive value-add potential under Vancouver’s R1-1 zoning. The upper level is a 2-bed, 1-bath suite that can be converted into 3 beds. The main floor features a 2-bed, 1-bath layout easily reconfigured into a 3-bed suite. Below is a bright 1-bed, 1-bath lower level. A premier investment holding property in a world-class location: close to the SkyTrain, transit lines, Commercial Drive, and minutes from Downtown. Perfect for immediate rental income, multi-generational living, or long-term multiplex holding. Call now for full details!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms5
Bathrooms3
Living Area2,460 sqft
Lot Area3,508 sqft
Property TypeResidential – Single Family Residence
MLS® R3138535
StatusActive
Listing BrokerEngel & Volkers Vancouver

Property History

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

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Market Overview

Victoria VE · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes91
Median Asking Price $ 1,498,000 $ 1,888,000
Median Price per SqFt $870 $767
Median Days on Market 41
Sold Properties Oct 2026Sep 2026Oct 2025
All Homes 3 ▼62.5% 10 8
Median Selling Price $ 1,435,000 ▲53.9% $ 1,237,500 $ 932,500
Median Price per SqFt $766 ▼18.9% $808 $945
Median Days on Market 181736
Median Discount Off Ask 4.2%3.5%0.9%
New Listings 16335
Months of Inventory 8.4

At the current sales pace, it would take about 8 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.