This Kitsilano condo sold for nearly $1 million after just three days on the market

In just three days, a boutique two-bedroom apartment in Kitsilano sold for $900,000—underscoring the enduring pull of Vancouver’s west side, even amid a slower market. The 904-square-foot suite, tucked inside a 34-year-old wood-frame building near West 4th and Vine, drew multiple offers thanks to its well-kept interiors and rare character details. Originally purchased in 2017 for $750,000, the home’s value rose roughly 3.3 percent annually, outpacing much of the city’s broader condo market.

The property

Type: Apartment/Condo

Neighbourhood: Kitsilano

Beds: 2

Baths: 2

Year built: 1991

Parking: Garage, Underground

Taxes: $2,401.26

Maintenance fees: $855.84

Days on market: 3

Listed price: $849,900

Selling price: $900,000

Listing agent: Sylvia Fierro PREC*, RE/MAX Crest Realty

The sale

Located near the intersection of West 4th and Vine, boutique buildings like this one are increasingly rare. The home boasts three exposures for natural light, a semi-enclosed kitchen that leads to a compact patio and even an in-suite laundry, which is uncommon for buildings of this vintage.

“You won’t find this kind of layout in new builds anymore,” says Royal LePage Westside Klein Group agent Bready Wu, who specializes in Kitsilano listings. “Developers tend to cram people in a box nowadays and [new] floor plans look very identical to each other. These older buildings feel more like a home.”

The location adds to its appeal, walkable to restaurants like Raisu and Jam Café and supermarkets like Whole Foods and Safeway. The apartment is also a 15-minute-walk away from Kits Beach, making it convenient for beach-goers. Its optimal location and unique floorplan resulted in over 40 showings of the unit in the first weekend.

Despite Wu’s client offering $10,000 more than the accepted bid, the seller ultimately chose an emotional letter from a single mother with two children who shared their connection to the space—proof that in real estate, heartfelt appeal can outweigh higher numbers. 

The big picture

Kitsilano remains one of the city’s most competitive enclaves. While downtown Vancouver absorbs new high-rises, Kitsilano’s tightly held inventory and zoning restrictions keep supply low and interest high. As Wu notes, “There are no new applications for condo projects here, other than rental ones, so people can only buy from what is there.”

That scarcity has kept prices resilient, pushed by buyers seeking walkability, established community and well-built apartments. The demographic is also diverse, including students, remote professionals and young families who value proximity to the beach and schools.

Wu advises hopeful buyers to move quickly, know what you want and work with an agent that’s familiar with the neighbourhood’s rhythms. “You need someone who can see a listing the second it’s live and make the call before the open house even starts,” she says. It’s a mix of timing, expertise and connection—qualities that make Kitsilano’s boutique homes like this one move fast, no matter the market cycle.