2947 GRANVILLE STREET

2947 GRANVILLE STREET · Vancouver, Fairview · Retail · $10,700,000 · MLS C8079808

Vancouver, British Columbia · Neighbourhood: Fairview
C$10,700,000
For sale
2947 GRANVILLE STREET

2947 GRANVILLE STREET is located in Vancouver (Fairview). Property snapshot: Retail, listed at $10,700,000, MLS C8079808. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 4. Catchment schools include Lord Tennyson Elementar

List Price: $10,700,000
MLS: C8079808
Interior Size: 12,956 sqft
Days on Site: 4
Catchment Schools: Catchment schools include Lord Tennyson Elementary, Kitsilano Secondary
Price History: Latest recorded list price 10700000.00

Local Decision Guide

How should buyers evaluate 2947 GRANVILLE STREET?

Start by reading this listing in its Vancouver Fairview context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

Vancouver listings should separate R1-1, RS, RT, laneway house and multiplex rules during review. R1-1 is an important low-density housing reform signal, but heritage, trees, underground servicing, parking, corner-lot conditions and existing building condition can all change the practical outcome.

Vancouver R1-1 / RS / RT / laneway quick checklist
  • Confirm whether zoning is R1-1, RS, RT or another district.
  • Review laneway house, multiplex, heritage, tree, parking and servicing rules separately.
  • Do not rely on lot size alone; corner-lot conditions, underground servicing and existing building condition can affect the plan.
What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 2947 GRANVILLE STREET?

This page shows a list price of $10,700,000 with MLS C8079808.

What type of home is this Vancouver, Fairview listing?

The page shows Retail at 2947 GRANVILLE STREET. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 4 days on market/site. Latest recorded list price 10700000.00.

Which catchment schools are associated with 2947 GRANVILLE STREET?

Catchment schools include Lord Tennyson Elementary, Kitsilano Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

How should Vancouver listings be screened for R1-1, RS, RT, laneway and multiplex risk?

Vancouver listings should be checked against R1-1, RS, RT and other zoning, laneway house rules, multiplex rules, heritage, trees, parking, servicing and permits. Block-level and site-level constraints can change the outcome.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

5.1% CAP RATE ON ASKING PRICE. 54' x 120' lot improved with a well-maintained 12,956sf two-level building. Main floor features impressive 14' ceilings, creating a bright, open retail environment. This is definitely one of the premier showroom retail spaces in all of South Granville. Currently occupied by West Elm with lease expiry in July 2027. Current NOI is $550,000. The Building has been extensively renovated with major upgrades over the years to structure, electrical, plumbing, and HVAC systems. Super strong location along the vibrant South Granville corridor. Ideal holding property with future redevelopment potential. (id:56153)

Property Details

Retail
Building Type
-
Bedrooms
-
Bathrooms
1940
Year Built
86 years
Age
4
Days on Site
12,956 sqft
Interior Size
C$826
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29939853 (C8079808)

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Site Context

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Property Summary

Price: C$10,700,000

Days on Site: 4 days

Added to BurnabyHouse: 2026-06-22

Updated on: 2026-06-22 08:02 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Lord Tennyson Elementary ELEMENTARY
Public · School District 39
1936 10th Ave W, Vancouver, BC
Straight-line distance about 802.4 m
Kitsilano Secondary SECONDARY
Public · School District 39
2706 Trafalgar St, Vancouver, BC
Straight-line distance about 1.8 km
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Meinhardt
About 80 m away
3002 Granville Street
La Win Supermarket
About 570.2 m away
1702 West Broadway, Vancouver
Shopping Centres
Kids Market
About 1.2 km away
1496 Cartwright Street, Vancouver
Granville Island
About 1.3 km away
Parks / Green Space
13th @ Granville Parklet
About 50.4 m away
Granville Park
About 375.6 m away

Price History

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Last Updated: Mon, 22 Jun 2026 07:02:30 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: TRG Commercial Realty Ltd.

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