2861 E Pender Street, Vancouver, V5K 2C1 — photo 1

$2,900,000

2861 E Pender Street, Vancouver, V5K 2C1
Active
5 Bedrooms 4 Bathrooms 2,454 sqft Built 1993 Residential
1 Listing Signal Detected
Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

About This Property

Attention Developers & Investors! This property is assembled with 2871 E Pender St. with potentioal to be rezoned to a 4 - storey Rental Townhouse Development at up to 1.45 FSR ( Total lot size:818 SQF). Located just steps from the PNE, providing excellent entertainment & recreational options. With quick access to Highway 1. a short drive to Metrotown & Downtown. Buyers are adviced to verity the rezoning eligibility and development potential with the City of Vancouver.

Fireplace

Property Details

MLS #

R3024852

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

RI-1

Bedrooms

5

Full Baths

4

Half Baths

0

Kitchens

1

Fireplaces

2

Living Area

2,454 sqft

Main Floor

1,012 sqft

Above Main

802 sqft

Basement

Yes

Lot Size

4,092 sqft

Lot Dimensions

33 x 124

Frontage

33

Year Built

1993

Age

32 years

Roof

Tile

Construction

Frame Wood, Stucco

Structure

Residential Detached

Parking Stalls

4

Garage Spaces

2

Parking Type

Garage Double, Rear Access, Garage Door Opener

Original Price

$2,900,000

Taxes

$7,752.93/yr

Listed

2025-07-08

MLS Area

Renfrew VE

City

Vancouver

Postal Code

V5K 2C1

Features & Finishes

Heating

Natural Gas

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Fireplace

Gas

Patio / Porch

Patio

Windows

Window Coverings

Exterior Features

Private Yard

Building & Community

Transit

STEPS

Schools

CLOSE

Lot Features

Central Location, Recreation Nearby

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Coordinates: 49.280696, -123.045198 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market24% above market — check if justified
Days on market301 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

$2,740,689

5.5% below asking price

Negotiation Range

$2,668,189$2,784,189

$116,000 spread

$2,668,189$2,900,000 ask

Based on 82 recent sales, a starting offer around $2,740,689 (5.5% below ask) is reasonable. Your negotiation range is $2,668,189 – $2,784,189.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Extended market time301 days listed — well above market avg of 175 days, increased negotiation leverage
Above-average DOM301d 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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