4940 Killarney Street, Vancouver, V5R 3V7 — photo 1

$1,399,000

4940 Killarney Street, Vancouver, V5R 3V7
Active
8 Bedrooms 4 Bathrooms 2,314 sqft Built 1945 Residential
3 Listing Signals Detected
Motivated SellerInfo

Seller language signals urgency — you may have more negotiation leverage than the list price suggests.

Renovation RequiredNote

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

Unverified MeasurementsInfo

Always independently verify square footage — differences between listed and actual can be significant.

About This Property

Motivated Seller. CASH COW in Collingwood! Rare opportunity to own a high-income property with 8 bedrooms, 4 baths. Located on a quiet street, steps to Joyce & Kingsway SkyTrain, T&T, schools, parks, and more. Holding property with development potential—perfect for buy-and-hold or future land assembly (buyer to verify with City). Transit-oriented, income-generating, and full of upside! Generates approximately $7100/month rental income. Ideal for investors or multi-generational living. John Norquay Elementary, Windermere Secondary.

Unauthorized Suite

Property Details

MLS #

R3045627

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

R1-1

Bedrooms

8

Full Baths

4

Half Baths

0

Kitchens

2

Fireplaces

0

Living Area

2,314 sqft

Main Floor

1,170 sqft

Basement

Yes

Lot Size

3,257 sqft

Lot Dimensions

33 x 98.70

Frontage

33

Year Built

1945

Age

81 years

Roof

Asphalt

Construction

Frame Wood, Stucco

Structure

Residential Detached

Parking Stalls

3

Parking Type

Open, Front Access, Concrete

Original Price

$1,499,000

Taxes

$7,528.84/yr

Listed

2025-09-09

MLS Area

Collingwood VE

City

Vancouver

Postal Code

V5R 3V7

Features & Finishes

Heating

Forced Air · Natural Gas

Flooring

Laminate · Tile

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Laundry

In Unit

Patio / Porch

Patio · Deck

Exterior Features

Balcony

Building & Community

Transit

CLOSE

Schools

CLOSE

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: 49.239524, -123.042578 · Map data © Google

9.6

Hot Deal

Deal Score out of 10

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

Value vs market37% below market $/sqft
Days on market237 days — significantly stale, strong negotiation position
Price historyPrice dropped 7% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$1,328,768

5% below asking price

Negotiation Range

$1,293,793$1,349,753

$55,960 spread

$1,293,793$1,399,000 ask

Based on 82 recent sales, a starting offer around $1,328,768 (5% below ask) is reasonable. Your negotiation range is $1,293,793 – $1,349,753.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Price already reducedSeller dropped from 7% off original ask — indicates motivation
Extended market time237 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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