2069 E 1st Avenue, Vancouver, V5N 1B6 — photo 1

$1,248,000

2069 E 1st Avenue, Vancouver, V5N 1B6
Active
3 Bedrooms 3 Bathrooms 1,237 sqft Built 2025 Residential

About This Property

NEW PRICE! Welcome to Lakewood, Vancouver’s latest Passive House community by Dimex, where cutting-edge design meets long-term savings. Say goodbye to high utility bills and constant noise—this home is built for efficiency, keeping your living costs low while maximizing quiet comfort. Located in one of Vancouver’s most desirable spots, you’re within walking distance to everything you need to live the good life: top-rated schools, gorgeous parks, kids’ activities, award-winning restaurants, coffee shops, and the eclectic vibe of Commercial Drive. You’ll also be right near the emerging Nanaimo/Hastings area, putting the best of the city at your doorstep. AC, EV Parking, Storage, this 3-bed, 3-bath townhome is our presentation suite and offers loads of upgrades that not any other unit has.

New ConstructionStorage Locker

Property Details

MLS #

R3050027

Status

Active

Type

Residential

Sub-type

Townhouse

Style

3 Storey

Ownership

Freehold Strata

Zoning

RM-12N

Bedrooms

3

Full Baths

3

Half Baths

0

Kitchens

1

Fireplaces

0

Living Area

1,237 sqft

Main Floor

1,237 sqft

Stories

3

Year Built

2025

Age

1 years

Roof

Other

Construction

Brick, Concrete, Frame Wood, Brick (Exterior), Fibre Cement (Exterior), Mixed (Exterior)

Structure

Residential Attached

Parking Stalls

1

Parking Type

Garage Under Building, Lane Access, Garage Door Opener

Original Price

$1,248,000

Strata Fee

$594.16/mo

Listed

2025-09-18

MLS Area

Grandview Woodland

City

Vancouver

Postal Code

V5N 1B6

Subdivision

Lakewood

Features & Finishes

Heating

Baseboard · Electric

Flooring

Wall/Wall/Mixed

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove · Microwave

Laundry

In Unit

Security

Smoke Detector(s) · Fire Sprinkler System

Patio / Porch

Patio · Deck

Windows

Window Coverings · Insulated Windows

Interior Features

Storage

Exterior Features

Balcony

Building & Community

Total Units

25

Pets

Cats OK, Dogs OK, Yes

Restrictions

Pets Allowed,Rentals Allowed

Strata Mgmt Co.

Duka Management

Strata Mgmt Phone

778-791-8790

Transit

1

Schools

1

Lot Features

Central Location, Lane Access, Recreation Nearby

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Community, Electricity Connected, Water Connected

Community

Shopping Nearby

Building Amenities

Bike Room · Trash · Hot Water · Management · Sewer

Disclosures

Property Disclosure

Yes

Coordinates: 49.269743, -123.062392 · Map data © Google

5.9

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market6% above market $/sqft
Days on market229 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

$1,185,682

5% below asking price

Negotiation Range

$1,154,482$1,204,402

$49,920 spread

$1,154,482$1,248,000 ask

Based on 82 recent sales, a starting offer around $1,185,682 (5% below ask) is reasonable. Your negotiation range is $1,154,482 – $1,204,402.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Extended market time229 days listed — well above market avg of 175 days, increased negotiation leverage

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

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