2071 E 1st Avenue, Vancouver, V5N 1B6 — photo 1

$1,299,000

2071 E 1st Avenue, Vancouver, V5N 1B6
Active
3 Bedrooms 3 Bathrooms 1,293 sqft Built 2025 Residential

About This Property

NEW PRICES! Dimex Group's 3-bedroom Passive House townhome at Lakewood combines modern design with sustainable living in Vancouver’s vibrant Commercial Drive neighborhood. Built for efficiency, it offers up to 90% savings on heating, triple-pane windows for peace and quiet, and a healthier indoor environment. The sleek kitchen includes a Fisher & Paykel fridge, Bosch appliance package, & quartz countertops. The top floor is a dedicated primary suite with a walk-in closet and private balcony—your own personal retreat. This end unit has AC roughed-in and upgrade-ready. 1 EV-ready parking stall and 1 storage locker included. Just steps to schools, parks, restaurants, transit, and the up-and-coming Nanaimo/Hastings area. Located on 1st Ave, but whisper-quiet inside.

New ConstructionStorage Locker

Property Details

MLS #

R3049914

Status

Active

Type

Residential

Sub-type

Townhouse

Ownership

Freehold Strata

Zoning

RM-12N

Bedrooms

3

Full Baths

2

Half Baths

1

Kitchens

1

Fireplaces

0

Living Area

1,293 sqft

Main Floor

1,293 sqft

Stories

3

Year Built

2025

Age

1 years

Roof

Other

Construction

Brick, Concrete Block, Frame Metal, Brick (Exterior), Fibre Cement (Exterior), Mixed (Exterior)

Structure

Residential Attached

Parking Stalls

1

Parking Type

Underground, Lane Access, Garage Door Opener

Original Price

$1,319,900

Strata Fee

$617.24/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

Electricity Connected, Water Connected

Community

Shopping Nearby

Building Amenities

Bike Room · Trash · Management · Sewer · Water

Disclosures

Property Disclosure

Yes

Coordinates: 49.269758, -123.062376 · Map data © Google

6.4

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market5% above market $/sqft
Days on market228 days — significantly stale, strong negotiation position
Price historyPrice dropped 2% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$1,234,053

5% below asking price

Negotiation Range

$1,201,578$1,253,538

$51,960 spread

$1,201,578$1,299,000 ask

Based on 82 recent sales, a starting offer around $1,234,053 (5% below ask) is reasonable. Your negotiation range is $1,201,578 – $1,253,538.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Price already reducedSeller dropped from 2% off original ask — indicates motivation
Extended market time228 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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