




Subject: $3,767,000 · $687/sqft
$3,767,000
Discover a trophy investment at 1989 W King Edward Ave. Situated on a sprawling 13,000+ sq. ft. lot within the prestigious First Shaughnessy District, this property offers a rare "buy and hold" opportunity. Currently configured as four distinct units, this character-filled residence combines heritage charm with modern rental utility. Standing tall on the high side of the street, the property offers impressive views and a commanding presence. Whether you are looking to add a high-yield asset to your portfolio or explore a long-term heritage revitalization project, this massive lot provides the ultimate canvas in Vancouver's most exclusive enclave. Call for more details!
MLS #
R3075949
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Zoning
FSD
Bedrooms
9
Full Baths
5
Half Baths
0
Kitchens
4
Fireplaces
3
Living Area
5,486 sqft
Main Floor
2,160 sqft
Above Main
1,560 sqft
Basement
1,766 sqft fin.
Lot Size
13,072 sqft
Lot Dimensions
95 x 137.6
Frontage
95
Year Built
1920
Age
106 years
Roof
Asphalt
Construction
Frame Wood, Mixed (Exterior)
Structure
Residential Detached
Parking Stalls
1
Parking Type
Carport Multiple
Original Price
$3,767,000
Taxes
$12,402.7/yr
Listed
2026-01-05
MLS Area
Shaughnessy
City
Vancouver
Postal Code
V6J 2W7
Heating
Electric · Hot Water
Flooring
Mixed
Fireplace
Electric · Wood Burning
Patio / Porch
Patio · Deck
Exterior Features
Balcony
Lot Features
Central Location
Water Source
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Property Disclosure
No
Coordinates: 49.251072, -123.150923 · Map data © Google
Hot Deal
Deal Score out of 10
Strong value relative to the market with clear seller motivation signals.
Get an AI-assisted valuation estimate based on current market benchmarks and property characteristics.
For informational purposes only — not a certified appraisal
Listed by Royal Pacific Realty Corp.
Suggested Offer
$3,557,294
5.6% below asking price
Negotiation Range
$3,463,119 – $3,613,799
$150,680 spread
Based on 70 recent sales, a starting offer around $3,557,294 (5.6% below ask) is reasonable. Your negotiation range is $3,463,119 – $3,613,799.
What's factored in
Based on 70 residential sales in Vancouver (last 60 days) · Updated Jun 5
Source: City of Vancouver Open Data
No permits found for this address in the open data registry.