1380 E 41st Avenue, Vancouver, V5W 1R8 — photo 1

$11,000,000

1380 E 41st Avenue, Vancouver, V5W 1R8
Active
4 Bedrooms 2 Bathrooms 1,500 sqft Built 1946 Residential

About This Property

Land assembly opportunity! To be combined with 1374 E 41st Ave and 5768 Culloden Street. Two suites building very low holding cost. Central location on Knight and 41st. Close proximity to bus route, school and other facilities. Price is for all three lots assembled. Please inquire before making an offer.

Unauthorized Suite

Property Details

MLS #

R3007353

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

R1-1

Bedrooms

4

Full Baths

2

Half Baths

0

Kitchens

2

Fireplaces

0

Living Area

1,500 sqft

Main Floor

750 sqft

Basement

750 sqft fin.

Lot Size

4,478 sqft

Lot Dimensions

35 x 127.95

Frontage

35

Year Built

1946

Age

79 years

Roof

Asphalt

Construction

Frame Wood, Stucco

Structure

Residential Detached

Parking Stalls

1

Garage Spaces

1

Parking Type

Garage Single, Lane Access

Original Price

$11,000,000

Taxes

$6,681.92/yr

Listed

2025-05-26

MLS Area

Knight

City

Vancouver

Postal Code

V5W 1R8

Features & Finishes

Heating

Forced Air · Natural Gas

Flooring

Wall/Wall/Mixed

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Building & Community

Transit

NEARBY

Schools

NEARBY

Lot Features

Central Location

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Disclosures

Property Disclosure

Yes

Coordinates: 49.232476, -123.077901 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market669% above market — check if justified
Days on market344 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsBuyer'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 baseline82 recent Vancouver sales closed at median 96.8% of list price
Extended market time344 days listed — well above market avg of 175 days, increased negotiation leverage
Above-average DOM344d 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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