2887 W 24th Avenue, Vancouver, V6L 1R3 — photo 1

$2,399,000

2887 W 24th Avenue, Vancouver, V6L 1R3
Active
4 Bedrooms 3 Bathrooms 2,234 sqft Built 1962 Residential

About This Property

Builder/Developer Alert! Prime Arbutus Location! – Exceptional Westside Opportunity! Discover the perfect starter home or an ideal site to build your dream residence on this rare 33 x 122 R1-1 zoned lot in the heart of Vancouver’s prestigious Arbutus neighborhood. Home features 3 bedrooms upstairs, 1 bedroom down, 2.5 bathrooms, a spacious recreation room, and an attached garage. Enjoy a flat, north-facing backyard with no large trees—a builder’s dream. Move-in, rent it out or redevelop into your custom Westside home. Unbeatable location: – Steps to Prince of Wales Secondary & Trafalgar Elementary – Close to Arbutus Village, UBC, Kitsilano, and top private schools – Easy access to parks, shops, and transit Don’t miss this rare opportunity!

NoneFireplace

Property Details

MLS #

R3033547

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

R1-1

Bedrooms

4

Full Baths

2

Half Baths

1

Kitchens

1

Fireplaces

2

Living Area

2,234 sqft

Main Floor

1,176 sqft

Lot Size

4,026 sqft

Lot Dimensions

33 x 122

Frontage

33

Year Built

1962

Age

64 years

Roof

Asphalt

Construction

Frame Wood, Stucco, Wood Siding

Structure

Residential Detached

Parking Stalls

3

Garage Spaces

1

Parking Type

Garage Single, Open, Rear Access

Original Price

$2,599,000

Taxes

$10,833.8/yr

Listed

2025-08-04

MLS Area

Arbutus

City

Vancouver

Postal Code

V6L 1R3

Features & Finishes

Heating

Forced Air

Flooring

Mixed

Appliances

Washer/Dryer · Refrigerator · Range Top

Laundry

In Unit

Fireplace

Wood Burning

Patio / Porch

Patio · Deck

Interior Features

Storage

Exterior Features

Balcony · Private Yard

Building & Community

Transit

1 Block

Schools

1 Block

Lot Features

Central Location, Near Golf Course, Recreation Nearby

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer

Utilities

Electricity Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

No

Coordinates: 49.251246, -123.169825 · Map data © Google

7.0

Good Value

Deal Score out of 10

Priced competitively with some negotiation potential.

Value vs market13% above market $/sqft
Days on market274 days — significantly stale, strong negotiation position
Price historyPrice dropped 8% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$2,266,473

5.5% below asking price

Negotiation Range

$2,206,498$2,302,458

$95,960 spread

$2,206,498$2,399,000 ask

Based on 82 recent sales, a starting offer around $2,266,473 (5.5% below ask) is reasonable. Your negotiation range is $2,206,498 – $2,302,458.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Price already reducedSeller dropped from 8% off original ask — indicates motivation
Extended market time274 days listed — well above market avg of 175 days, increased negotiation leverage
Above-average DOM274d 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

Schedule a Viewing

Contact us to arrange a private showing of this property.

Your information is kept private and never shared with third parties.

Ask a Question

Have questions about this listing? We'll get back to you quickly.

Your information is kept private and never shared with third parties.

More Homes in Arbutus