Home Vancouver, BC University VW 1650 Western Parkway

1650 Western Parkway, Vancouver BC V6T 1V3 – House for Sale – MLS® R3182230

1650 Western Parkway, Vancouver, British Columbia V6T 1V3

Vancouver Houses for Sale

2 days on the market

$4,498,000

Est. monthly cost $19,620/mo

Updated with MLS® - Nov 8, 2026 at 03:30am

0 Beds

0 Baths

2746 sqft

1638 $ /sqft

1971 built

NEW

Photos

A rare opportunity to secure a substantial, level estate property in the University Endowment Lands. Measuring approximately 80 × 172.5 feet, this 13,800-square-foot freehold lot offers the scale and setting to imagine something truly exceptional: a distinguished custom residence or a thoughtfully planned multi-unit residential concept. The property sits in one of Vancouver’s most coveted university-side neighborhoods, close to UBC, Pacific Spirit Regional Park, Spanish Banks, Locarno Beach, shops and transit. For builders and investors, the generous, usable site offers potential to explore a thoughtfully designed multi-unit residential concept under the UEL’s current land-use framework, subject to property-specific zoning, title restrictions and approvals.

Building 17 fields Inside & out 11 fields Lot & land 10 fields

Building Details

Price	$4,498,000
Total Bedrooms	0
Total Bathrooms	0
Full Bathrooms	0
Half Bathrooms	0
Floor Area Total (sqft)	2746
Year Built	1971
Age Of Building	55
Building Type	Single Family Residence
Property Type	Residential
Stories	2
Ownership Type	Freehold NonStrata
Utility Type	Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Garage Double, Side Access
Total Parking Spaces	3

Interior Features

Basement Finished Area (sqft)	1328
Basement Features	Full
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace	2
Heating Type	Forced Air, Natural Gas
# of Kitchens	0
Flooring	Hardwood, Tile
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony, Private Yard
Roof	Asphalt
Structures	Residential Detached

Lot & Land

Lot Size	13800
Lot Size Depth	Feet
Lot Size Frontage	80
MLS^® #	R3182230
Area	Vancouver West
Neighbourhood	University VW
City	Vancouver
Postal Code	V6T 1V3
Gross Taxes	$17,930.97
Zoning	UEL

Property Timeline

Status	Date	Price
R3182230 / Active	11-06-2026	$4,498,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	23' x 23' ft

Listed by: Rennie & Associates Realty - Jason Soprovich

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.

Map, sell speed & climate

SkyTrain 9.03 km · University Hill Secondary School 8.4/10 · 2.14 km · crime average · sell-speed score 42/100 (may take longer) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (28 nearby)

Subway · 624 m · Fast Food
Booster juice · 635 m · Fast Food
Grand noodle emporium · 681 m · Restaurant

Cafes (17 nearby)

Great dane coffee · 417 m · Cafe
Tim hortons · 502 m · Cafe
Sprouts · 627 m · Cafe

Shopping (10 nearby)

Evo · 416 m · Car Sharing
Ubc bike kitchen · 674 m · Bicycle Shop
Campus vision · 704 m · Optician

Groceries (6 nearby)

Gage mini mart · 439 m · Convenience
International news market · 709 m · Supermarket
H mart · 721 m · Supermarket

Healthcare (2 nearby)

University pharmacy · 728 m · Healthcare
Shoppers drug mart · 733 m · Healthcare

Gyms (1 nearby)

Aviary · 677 m · Gym

Parks & Recreation (1 nearby)

Stephen toope gardens · 814 m · Park

Transit (1 nearby)

Bus stop southbound wesbrook mall @ agronomy rd · 985 m · Transit

Public Schools

Secondary
University Hill Secondary School: Above Average 2.14 km 8.4/10
Elementary
University Hill Elementary School: Above Average 0.74 km 7.9/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St Regis Secondary School: Above Average 0.57 km 7.3/10
Elementary, Secondary
West Point Grey Academy: Above Average 3.43 km 10/10

Closest Transit

Bus Stop
Eastbound Chancellor Blvd @ Western Parkway: 0.07 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn: 9.03 km

Crime Rate

Total Crime Rate: Average
Violent Crime Rate: Low
Property Crime Rate: Above Average

Demographics

Post-Secondary Education: Above Average 57.1%
No Certificate/Degree: Below Average 5.3%
Owner Occupied: Below Average 47.4%
Employment Rate: Above Average 66.3%

Noise/ Power Lines

Road/Hwy Noise: Possible
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

42 / 100

Overall sell-speed score

May take longer

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 9.03 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How UNIVERSITY VW compares

This property

2 DOM

Very fast

University VW avg

67 DOM

Average

Vancouver avg

67 DOM

Slower market

1650 Western Parkway has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The local market is currently a Buyer's Market with a sales-to-active ratio of 9.2% and an area average of 67 days on market — buyers have more leverage. With 542 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V6T 1V3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6T 1V3, over the next 30 years.

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

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.

Air Quality A / Excellent

Annual avg PM2.5 3.8 µg/m³ — meets WHO 2021 guideline. Nearest station: Horseshoe Bay, West Vancouver (~10.9 km). Annual avg AQHI 0 — Low Risk.

Schools NearBy

4 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
St Regis Secondary School	Independent	Grades Served —	Catchment Info —	7.3 / 10	Distance 567 m
University Hill Elementary School	Public	Grades Served K-5	Catchment Info In Catchment	7.9 / 10	Distance 740 m
Norma Rose Point Elementary Junior	Public	Grades Served K-8	Catchment Info —	7.8 / 10	Distance 1.61 KM
University Hill Secondary School	Public	Grades Served 9-12	Catchment Info In Catchment	8.4 / 10	Distance 2.14 KM

Pre-computed routes from 1650 Western Parkway, Vancouver, BC

1650 Western Parkway, Vancouver, BC Yaletown-Roundhouse 9.0 km

115 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Yaletown-Roundhouse → Waterfront
115 min
Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
133 min
SFU Burnaby via Yaletown-Roundhouse → Production Way
140 min
Richmond Centre via Yaletown-Roundhouse → Brighouse
132 min
YVR Airport via Yaletown-Roundhouse → YVR-Airport
133 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
12 min
Metrotown, Burnaby via Lougheed Hwy
22 min
SFU Burnaby via Gaglardi Way
29 min
Richmond Centre via No. 3 Rd
17 min
YVR Airport via Bridgeport / Sea Island
12 min

Calculate your commute

1650 Western Parkway, Vancouver, BC is ideally located for commuters. The property is 9.0 km from Yaletown-Roundhouse, with a 115 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Chancellor Blvd @ Western Parkway (0.07 km).

Walkability & Transit Near 1650 Western Parkway

Very Walkable 80

Walk Score - Very Walkable

Most errands can be accomplished on foot

Very Bikeable 83

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $19,620/month · rent estimate $10,345/month · owning catches up with renting by year 28 · cash flow if rented −$10,091/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 1650 Western Parkway

$19,620 /month

Principal & Interest $18,126

Property Taxes $1,494

Maintenance fee $0

The estimated monthly cost of 1650 Western Parkway, Vancouver is $19,620: $18,126 principal and interest with 20% down over 30 years at 4.45%, plus $1,494 property tax.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$10,091 /month

Mortgage Payment $18,126

Monthly Cash Flow −$10,091

Break Even Down Payment 65%

Cap Rate -2.7%

Cash on Cash -13.5%

If 1650 Western Parkway, Vancouver were rented at $10,345 a month with 5% vacancy, it would fall $10,091 a month short of the mortgage and carrying costs; about 65% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1650 Western Parkway, Vancouver

$10,345 / month

Rent $10,345

Own $19,620

Principal: $5,829/mo Interest, tax, insurance, fees: $13,791/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$4,880/mo (year 1) → ~$11,350/mo (year 20) → ~$16,928/mo (year 29).

Net cost to own at year 5 ~$13,791/mo About $3,446/mo more than renting

EstateBlock estimates 1650 Western Parkway, Vancouver would rent for about $10,345 a month.

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Rent vs own: 1650 Western Parkway

Rent vs own

Owning catches up by year 28

With 20% down ($899,600) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $320,665

Principal paid off by year 10 $721,074

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 1650 Western Parkway, Vancouver is cheaper at first, but owning catches up by year 28, with $320,665 of principal paid off by year 5 and $721,074 by year 10.