Builders and investors - an exceptional opportunity awaits! This property is ideal to live in, hold as an investment or build your dream home. Situated on a rectangular 121.1 x 33 lot in the heart of East Vancouver, it offers excellent potential. The main floor features a kitchen, living room, dining area, bathroom and primary bedroom. The upper level includes an additional primary bedroom and a second bedroom. A separate kitchen and private entrance provide excellent potential for a mortgage helper. Enjoy a large backyard with open parking accessible via the rear lane. Located in a desirable neighbourhood just minutes from Trout Lake, Nanaimo SkyTrain Station, Commercial Drive and Kingsway with shops, restaurants and schools all nearby. Motivated seller - bring your offer today.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 0 |
| Heating Type | Natural Gas |
| # of Kitchens | 2 |
| Flooring | Mixed |
| Foundation | Concrete Perimeter |
| Roof | Asphalt |
|---|---|
| Structures | Residential Detached |
| Price | $1,398,888 |
|---|---|
| Total Bedrooms | 4 |
| Total Bathrooms | 2 |
| Full Bathrooms | 1 |
| Half Bathrooms | 1 |
| Floor Area Total (sqft) | 1806 |
| Year Built | 1940 |
| Age Of Building | 86 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Detached, Rear Access |
| Total Parking Spaces | 2 |
| Lot Size | 3996.3 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 10.06 |
| MLS® # | R3113508 |
| Area | Vancouver East |
| Neighbourhood | Victoria VE |
| City | Vancouver |
| Postal Code | V5N 4M9 |
| Gross Taxes | $7,974.43 |
| Zoning | R1-1 |
| Status | Date | Price |
|---|---|---|
| R3113508 / Active | 04-20-2026 | $1,398,888 |
| R3106687 / Terminated | 04-01-2026 | $1,498,888 |
| R2969474 / Expired | 02-21-2025 | $1,573,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 15'1 x 15'1 ft |
| Main Level | Kitchen | 16'5 x 16'5 ft |
| Main Level | Eating Area | 9'9 x 9'9 ft |
| Main Level | Primary Bedroom | 10'8 x 10'8 ft |
| Main Level | Bedroom | 10'1 x 10'1 ft |
| Below | Living Room | 12'9 x 12'9 ft |
| Below | Kitchen | 11'2 x 11'2 ft |
| Below | Bedroom | 11' x 11' ft |
| Below | Bedroom | 11'5 x 11'5 ft |
| Below | Laundry | 8'2 x 8'2 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Below | No | #2 |
Listed by: RE/MAX Real Estate Services
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
4229 Victoria Drive has a sell-speed score of 62/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 10.8% below comparable active properties in Victoria VE, 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 4M9, 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 (~1.7 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 4229 Victoria Drive | |||||
Calculate your commute
4229 Victoria Dr, Vancouver, BC is ideally located for commuters. The property is 0.7 km from Nanaimo, with a 23 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Victoria Dr @ E 26 Ave (0.03 km). Walk Score Transit rating: Excellent Transit (77/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,632,000 | $34,100 | $1,666,100 |
-4.6%
|
| 2025 | $1,707,000 | $39,300 | $1,746,300 |
+1.0%
|
| 2024 | $1,687,000 | $41,300 | $1,728,300 |
+2.7%
|
| 2023 | $1,642,000 | $40,900 | $1,682,900 |
+3.0%
|
| 2022 | $1,593,000 | $41,500 | $1,634,500 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $1,582,557 across 10 active listings — this listing is 11.6% below the Vancouver average. This property is flagged as a Hot Deal (Motivated Sellers) based on its competitive pricing and market demand.
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