Vancouver Homes
1374 E 41st Avenue, Vancouver, V5W 1R8 — photo 1

$11,000,000

1374 E 41st Avenue, Vancouver, V5W 1R8
Active
7 Bedrooms 5 Bathrooms 3,519 sqft Built 1986 Residential

About This Property

Central location future land assembly opportunity. One 4 bedroom suite on the main floor, and two 2 bedroom suites on the ground level for low holding cost until permit. New renovated cozy home if bought as residence. Listing price $11,000,000 is the total price for the complete land assembly package-three lots together (15,141 sqf).

Unauthorized Suite

Property Details

MLS #

R3008624

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

RS1

Bedrooms

7

Full Baths

5

Half Baths

0

Kitchens

3

Living Area

3,519 sqft

Main Floor

1,632 sqft

Lot Size

5,583.27 sqft

Lot Dimensions

43.65 x 127.94

Frontage

43.65

Year Built

1986

Age

39 years

Roof

Concrete

Construction

Frame Wood, Mixed (Exterior), Wood Siding

Structure

Residential Detached

Parking Stalls

2

Garage Spaces

2

Parking Type

Garage Double

Original Price

$11,000,000

Taxes

$9,625.69/yr

Listed

2025-05-27

MLS Area

Knight

City

Vancouver

Postal Code

V5W 1R8

Features & Finishes

Heating

Forced Air

Exterior Features

No Outdoor Area

Building & Community

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Community, Electricity Connected, Natural Gas Connected, Water Connected

Disclosures

Property Disclosure

Yes

Location

Open in Google Maps

Coordinates: 49.232435, -123.078040 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market— 228% above market — check if justified
Days on market— 343 days — significantly stale, strong negotiation position
Price history— No price reduction — seller firm on price
Market conditions— Buyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$10,395,719

5.5% below asking price

Negotiation Range

$10,120,719 – $10,560,719

$440,000 spread

$10,120,719$11,000,000 ask

Based on 82 recent sales, a starting offer around $10,395,719 (5.5% below ask) is reasonable. Your negotiation range is $10,120,719 – $10,560,719.

What's factored in

Market baseline— 82 recent Vancouver sales closed at median 96.8% of list price
Extended market time— 343 days listed — well above market avg of 175 days, increased negotiation leverage
Above-average DOM— 343d vs market avg of 175d — property may have a pricing or condition issue

Based on 82 residential sales in Vancouver (last 60 days) · Updated May 4

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