475 SE Marine Drive, Vancouver, V5X 2T3 — photo 1

$1,798,000

475 SE Marine Drive, Vancouver, V5X 2T3
Active
6 Bedrooms 5 Bathrooms 2,933 sqft Residential
2 Listing Signals Detected
Tenant OccupiedNote

BC tenancy law requires proper notice periods. Confirm tenant status and end-of-tenancy timelines with your agent.

Renovation RequiredNote

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

About This Property

Money making machine!!! Excellent Revenue and development property. Very well kept , spacious, with 3 suites currently rented for $4,800.00 per month. Owner occupied main floor with 3 bedrooms and two full baths can be for personal use or rented out. Potential rent for whole house approximately $8K . A very convenient location, minutes to bus, school, shopping and Airport. Great for a large family. The buyer should not rely upon the information without the buyer independently verifying the information. A MUST SEE. Call for your private viewing.

Unauthorized Suite

Property Details

MLS #

R3066321

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

RES

Bedrooms

6

Full Baths

5

Half Baths

0

Kitchens

4

Fireplaces

0

Living Area

2,933 sqft

Main Floor

1,193 sqft

Above Main

537 sqft

Basement

Yes

Lot Size

5,130.12 sqft

Lot Dimensions

47.51 x 109.98

Frontage

47.51

Age

999 years

Roof

Asphalt

Construction

Frame Wood, Mixed (Exterior)

Structure

Residential Detached

Parking Stalls

3

Parking Type

Open

Original Price

$1,798,000

Taxes

$8,449.56/yr

Listed

2025-11-10

MLS Area

South Vancouver

City

Vancouver

Postal Code

V5X 2T3

Features & Finishes

Heating

Forced Air · Natural Gas

Patio / Porch

Sundeck

Building & Community

Lot Features

Central Location

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected

Disclosures

Property Disclosure

Yes

Coordinates: 49.211273, -123.094948 · Map data © Google

8.5

Hot Deal

Deal Score out of 10

Strong value relative to the market with clear seller motivation signals.

Value vs market36% below market $/sqft
Days on market176 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

$1,708,217

5% below asking price

Negotiation Range

$1,663,267$1,735,187

$71,920 spread

$1,663,267$1,798,000 ask

Based on 82 recent sales, a starting offer around $1,708,217 (5% below ask) is reasonable. Your negotiation range is $1,663,267 – $1,735,187.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Extended market time176 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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