Exceptional 40 x 122 lot in prime East Vancouver location, just steps to Trout Lake. Situated on a quiet street, this property features both a side lane and rear lane—offering rare access and outstanding development flexibility. Ideal for builders and investors looking to capitalize on multiplex and missing middle housing opportunities under evolving zoning policies. The unique configuration allows for efficient design, parking, and potential maximization of buildable space. Surrounded by new developments and strong resale demand, this is a prime redevelopment or holding property. Walk to parks, schools, transit, and Commercial Drive amenities. Rare opportunity in a highly desirable neighbourhood.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Partially Finished |
| Heating Type | Forced Air |
| # of Kitchens | 1 |
| Flooring | Hardwood, Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $1,988,000 |
|---|---|
| Total Bedrooms | 3 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1957 |
| Year Built | 1959 |
| Age Of Building | 67 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Architecture Style | Rancher/Bungalow w/Bsmt. |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Adult Oriented |
| 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, Rear Access, Asphalt |
| Total Parking Spaces | 1 |
| Rental Suites | None |
| Lot Size | 4831 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 40 |
| MLS® # | R3120326 |
| Area | Vancouver East |
| Neighbourhood | Grandview Woodland |
| City | Vancouver |
| Postal Code | V5N 2L4 |
| Gross Taxes | $8,756.29 |
| Zoning | R1-1 |
| Status | Date | Price |
|---|---|---|
| R3120326 / Active | 05-06-2026 | $1,988,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Primary Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Kitchen | 11' x 11' ft |
| Main Level | Living Room | 12' x 12' ft |
| Main Level | Dining Room | 10' x 10' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: Sutton Group - Supreme Realty Corporation
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
2137 20th Avenue has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 0.6% below comparable active properties in Grandview Woodland, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5N 2L4, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~1.5 km). Annual avg AQHI 2.2 — Low Risk.
Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.
Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 2137 20th Avenue | |||||
Calculate your commute
2137 20th Ave, Vancouver, BC is ideally located for commuters. The property is 0.6 km from Nanaimo, with a 22 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Victoria Dr @ E 22 Ave (0.29 km). Walk Score Transit rating: Excellent Transit (81/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,864,000 | $26,500 | $1,890,500 |
-6.0%
|
| 2025 | $1,979,000 | $31,500 | $2,010,500 |
+3.2%
|
| 2024 | $1,914,000 | $33,400 | $1,947,400 |
+2.7%
|
| 2023 | $1,863,000 | $33,100 | $1,896,100 |
+8.5%
|
| 2022 | $1,715,000 | $33,300 | $1,748,300 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $2,022,000 across 13 active listings — this listing is 1.7% below the Vancouver average.
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