Developer & Investor Alert – Land Assembly Potential. Perched on a gentle hill in Quilchena, this 8,976 sq. ft. lot offers the kind of west side views and elevation that rarely come to market. Located along Arbutus Street, the property sits on a lush, tree-lined corridor known for its beautifully maintained homes, gardens, and proximity to parks. This is a neighbourhood that offers the best of Vancouver’s west side—quiet charm, excellent access to schools and transit, and strong fundamentals for redevelopment. With the city’s continued push for densification, this site holds potential for 4–6 storey rental or townhouse development, subject to City approval.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Full |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave |
| Fireplace | 2 |
| Heating Type | Hot Water, Natural Gas |
| Laundry | In Unit |
| # of Kitchens | 2 |
| Flooring | Hardwood, Tile |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden, Balcony, Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $5,380,000 |
|---|---|
| Total Bedrooms | 5 |
| Total Bathrooms | 3 |
| Full Bathrooms | 3 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2374 |
| Year Built | 1929 |
| Age Of Building | 96 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Community, Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Carport Single, Open, Front Access |
| Total Parking Spaces | 2 |
| Rental Suites | None |
| Lot Size | 8976 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 56.4 |
| MLS® # | R3003809 |
| Area | Vancouver West |
| Neighbourhood | Quilchena |
| City | Vancouver |
| Postal Code | V6M 3W1 |
| Gross Taxes | $7,803.52 |
| Zoning | R1-1 |
| Status | Date | Price |
|---|---|---|
| R3003809 / Active | 05-15-2025 | $5,380,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 19'6 x 19'6 ft |
| Main Level | Kitchen | 10'7 x 10'7 ft |
| Main Level | Dining Room | 13'8 x 13'8 ft |
| Main Level | Eating Area | 8'4 x 8'4 ft |
| Main Level | Bedroom | 12'6 x 12'6 ft |
| Main Level | Foyer | 8' x 8' ft |
| Above Level | Primary Bedroom | 14' x 14' ft |
| Above Level | Primary Bedroom | 18' x 18' ft |
| Below | Kitchen | 13'5 x 13'5 ft |
| Below | Office | 9'8 x 9'8 ft |
| Below | Bedroom | 9'8 x 9'8 ft |
| Below | Bedroom | 10' x 10' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Above Level | No | #4 |
| Below | No | #3 |
Listed by: Dracco Pacific Realty
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 4938 Arbutus Street | |||||
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $2,339,000 | $67,000 | $2,406,000 |
-11.5%
|
| 2025 | $2,650,000 | $67,900 | $2,717,900 |
-3.8%
|
| 2024 | $2,752,000 | $74,500 | $2,826,500 |
+2.8%
|
| 2023 | $2,670,000 | $80,300 | $2,750,300 |
+5.4%
|
| 2022 | $2,527,000 | $83,500 | $2,610,500 | — |
No active comparable properties are currently available for this property type in Vancouver. The price evaluation chart will update as similar listings enter the market.
Potential Cashback for this listing if you buy with us
Login to track your cashback progress
Buy with us & save on this property
$5,000,000
2106 W 33rd Avenue, Vancouver, BC
$5,000,000
2118 W 33rd Avenue, Vancouver, BC
$5,000,000
2122 W 33rd Avenue, Vancouver, BC
$4,380,000
1997 W 35th Avenue, Vancouver, BC
$4,498,000
4888 Narvaez Drive, Vancouver, BC
$5,980,000
2262 W 36th Avenue, Vancouver, BC
$4,820,000
2374 W 35th Avenue, Vancouver, BC
$5,280,000
2069 W 28th Avenue, Vancouver, BC
$4,999,000
4418 Brakenridge Street, Vancouver, BC
$5,180,000
2328 Mcbain Avenue, Vancouver, BC
$4,980,000
2653 Mcbain Avenue, Vancouver, BC