3 Se Marine Drive, Vancouver, V5X 2S1 — photo 1

$3,800,000

3 Se Marine Drive, Vancouver, V5X 2S1
Active
5 Bedrooms 3 Bathrooms 2,267 sqft Built 1956 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

Developer & Investor Alerts - Land Assembly for Vancouver Secured Rental Program. Walking distance to Marine Drive Canada Line station, Marine Gateway shopping complex, Winona park, Langara college and Langara Golf course. Excellent Transit. Do not miss the development opportunity for a 3 Lots Assembly with a total of 16,695 SQFT. The project has potential for a 5-6 Storey Secured Rental Policy Building. Potential density of 2.2 - 2.4 FSR. To be sold as part of a land assembly. (3 Marine Drive SE/ 7970/795 Ontario Street)

None

Property Details

MLS #

R3075364

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

RS-1

Bedrooms

5

Full Baths

3

Half Baths

0

Kitchens

3

Living Area

2,267 sqft

Main Floor

1,227 sqft

Basement

Yes

Lot Size

5,610 sqft

Lot Dimensions

0 x

Frontage

0

Year Built

1956

Age

70 years

Roof

Asphalt

Construction

Frame Wood, Mixed (Exterior), Wood Siding

Structure

Residential Detached

Parking Stalls

2

Parking Type

Detached

Original Price

$3,800,000

Taxes

$8,308.79/yr

Listed

2026-01-01

MLS Area

South Vancouver

City

Vancouver

Postal Code

V5X 2S1

Features & Finishes

Heating

Electric · Forced Air

Patio / Porch

Patio

Building & Community

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Disclosures

Property Disclosure

No

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market76% above market — check if justified
Days on market124 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

$3,610,248

5% below asking price

Negotiation Range

$3,515,248$3,667,248

$152,000 spread

$3,515,248$3,800,000 ask

Based on 82 recent sales, a starting offer around $3,610,248 (5% below ask) is reasonable. Your negotiation range is $3,515,248 – $3,667,248.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Extended market time124 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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