2798 Yale Street — Vancouver East


$ 3,100,000 FOR SALE MLS# R3129105
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Rare 66'×125' ft R1-1 corner redevelopment site in a prime Hastings-Sunrise location. This 8,253 sq ft property with lane access represents a rare oversized redevelopment parcel and one of the most compelling development opportunities currently available in all of East Vancouver. This corner lot provides exceptional site flexibility, allowing builders and investors to explore multiple development pathways depending on design and approvals. Opportunities to secure redevelopment sites of this scale in Hastings-Sunrise are extremely limited. Ideally positioned steps from New Brighton Park, PNE, Hastings Street amenities, transit, and with quick access to Highway 1, with exceptional views of Burrard Inlet & North Shore Mountains. Zoning allows for up to 6 strata lots and 8,253 buildable SQ FT
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms6
Bathrooms4
Living Area4,092 sqft
Lot Area8,253 sqft
Property TypeResidential – Single Family Residence
MLS® R3129105
StatusActive
Listing BrokerMacdonald 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
Mmm 00, 0000 R0000000 $0,000,000 Listed
4 events on record for this property

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Market Overview

Hastings Sunrise · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes44
Median Asking Price $ 1,574,500 $ 3,100,000
Median Price per SqFt $900 $758
Median Days on Market 70
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 1 7
Median Selling Price ▼100.0% $ 1,435,000 $ 1,610,000
Median Price per SqFt ▼100.0% $1,108 $782
Median Days on Market 416
Median Discount Off Ask 1.0%4.3%
New Listings 3113
Months of Inventory 17.6

At the current sales pace, it would take about 18 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.

Hastings Sunrise: Number of Sales

Hastings Sunrise: Median Sold Price

Hastings Sunrise: Median Sold Price per SqFt

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