2388 E 5th Avenue — Vancouver East


$ 1,799,000 FOR SALE MLS# R3178308
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Within mere minutes from Trout Lake, Commercial Drive, and transit lies a beautifully updated home in the heart of Grandview-Woodland. This property comes with 2 suites, radiant floor heating throughout, and a primary bedroom with a walk-in closet and Jacuzzi ensuite. The Kitchen features Fisher & Paykel appliances, with recent updates that include a new boiler, hot water tank, fence, updated electrical, and fresh paint throughout, just to name a few. Both the main laundry and the suites’ laundry have also been replaced. Situated for convenience with easy highway access and top school catchments including Laura Secord Elementary and Van Tech Secondary nearby, this Truly is an Ideal place and location to call home. Priced $224,000 below Property assessment.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms6
Bathrooms5
Living Area2,354 sqft
Lot Area4,026 sqft
Property TypeResidential – Single Family Residence
MLS® R3178308
StatusActive
Listing BrokerSutton Premier Realty

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

Grandview Woodland · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes198
Median Asking Price $ 1,493,444 $ 1,799,000
Median Price per SqFt $979 $764
Median Days on Market 49
Sold Properties Oct 2026Sep 2026Oct 2025
All Homes 17 ▼32.0% 23 25
Median Selling Price $ 1,138,000 ▼3.8% $ 1,100,000 $ 1,182,500
Median Price per SqFt $898 ▼11.1% $1,000 $1,010
Median Days on Market 171510
Median Discount Off Ask 0.6%0.5%1.3%
New Listings 536718
Months of Inventory 6.3

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.

Grandview Woodland: Number of Sales

Grandview Woodland: Median Sold Price

Grandview Woodland: Median Sold Price per SqFt

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