Vancouver Foreclosure Homes & Real Estate for Sale Listings

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1072 E 39TH Avenue

Fraser VE Vancouver V5W 1L1

$2,880,000

Residential Detached beds: 6 baths: 6.0 2,795 sq. ft. built: 2016

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Status:

Active

Prop. Type:

Residential Detached

MLS® Num:

R2957670

Bedrooms:

6

Bathrooms:

6

Year Built:

2016

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Welcome to this stunning modern home, perfectly positioned on a quiet street. This 3-bedroom, 5-bathroom property offers an ideal combination of contemporary finishes and lush tropical landscaping. With an abundance of natural light streaming in from both the south and north-facing skylights, you'll enjoy a bright living space. The laneway suite provides a fantastic opportunity for additional rental income to help with your mortgage. Located just moments away from the amenities along Victoria Street, and with easy access to Memorial South Park, Tecumseh Park, and Kensington Park, this home truly offers the best of both comfort and location.

General Info:

Property Type:

Residential Detached

Dwelling Type:

House/Single Family

Home Style:

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Year built:

2016 (Age: 9)

Total area:

2,795 sq. ft.260 m2

Total Floor Area:

2,795 sq. ft.260 m2

Price Per SqFt:

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Total unfinished area:

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Main Floor Area:

936 sq. ft.87 m2

Floor Area Above Main:

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Floor Area Above Main 2:

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Floor Area Detached 2nd Residence:

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Floor Area Below Main:

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Basement Area:

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Levels:

2

Rainscreen:

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Bedrooms:

6 (Above Grd: 6)

Bathrooms:

6.0 (Full:5/Half:1)

Kitchens:

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Rooms:

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Taxes:

$10,197.2 / 2024

Lot Area:

4,327.95 sq. ft.402 m2

Lot Frontage:

33'10.1 m

Lot Depth:

131

Exposure / Faces:

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Rear Yard Exposure:

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Outdoor Area:

Patio(s)

Pad Rental:

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# or % of Rentals Allowed:

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# or %:

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Water Supply:

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Plan:

VAP1378

Total Units in Strata:

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Additional Info:

Heating:

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Construction:

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Foundation:

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Basement:

Fully Finished

Full Height:

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Crawl Height:

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Roof:

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Floor Finish:

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Fireplaces:

2

Fireplace Details:

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Parking:

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Parking Total/Covered:

2 / 1

Parking Access:

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Driveway:

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Exterior Finish:

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Title to Land:

Freehold NonStrata

Flood Plain:

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Suite:

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Room Information:

Floor

Type

Size

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Above

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Main

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Bathrooms:

Floor

Ensuite

Pieces

Other

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Above

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By-Law Restrictions:

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Restricted Age:

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Maint. Fees Include:

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Features Included:

Air Conditioning, Clothes Washer/Dryer/Fridge/Stove/Dishwasher, Heat Recov. Vent., Security System, Sprinkler - Inground, Vacuum - Built In

Amenities:

In Suite Laundry, Swirlpool/Hot Tub

View:

CITY VIEWS

Legal Description:

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Other Details:

Dist to Public Trans:

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Dist to School Bus:

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Property Disclosure:

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Fixtures Leased:

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Fixtures Removed:

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Cats:

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Dogs:

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Units in Development:

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Plumbing Details:

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Listing Info:

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Original Price:

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• 
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Listed by FaithWilson Christies International Real Estate and TRG Commercial Realty Ltd.

Data was last updated February 22, 2025 at 09:10 AM (UTC)

Area Statistics

Listings on market:

29

Avg list price:

$2,298,000

Min list price:

$1,368,800

Max list price:

$3,698,000

Avg days on market:

19

Min days on market:

3

Max days on market:

347

Avg price per sq.ft.:

$1,062.68

These statistics are generated based on the current listing's property type and located in Fraser VE. Average values are derived using median calculations.

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.

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• Related Readings: How to Buy a Court Ordered Sale in BC 2024 – Your Ultimate Guide

About Foreclosure listings

There are many names for a Foreclosure home. Many people call it foreclosed home, foreclosure home, bank repossessed house, or Court Ordered Sale. They mean the same thing. So what exactly does foreclosure mean? 

In its simplest meaning, the word foreclosure means to deprive a borrower (in default) of the right to redeem the mortgaged property. In a way, it’s like a divorce proceeding – the borrower and lender under a mortgage go their separate way.

Foreclosure home sale is very different from a regular home sale. If you need an experienced Vancouver Realtor to guide you through the process, please let me know.

What is the process of Foreclosure in BC Canada?

See below simplified steps in a Foreclosure proceeding to find out how foreclosure works in BC.

1. Demand letter. 
2. Petition. 
3. Order Nisi. 
4. Judicial Sale. 
5. Order Made After Application.

To see the detailed steps in a foreclosure proceeding. Please let me know.

Please note that this blog is for information only. Buyers & Sellers are advised to obtain independent legal advice before buying or selling a real estate property.

Here’s a simple guide on how to buy a Foreclosure Home in BC

1. Search Foreclosure Listings BC
2. Find a Realtor to write an offer.
3. Review the Schedule A with the Realtor. Schedule A contains clauses that specifically protect the lender. The buyers must be aware that they are accepting the property “as is” and must sign this schedule to have their offer accepted by the lender.
4. Acceptance of the offer. The offer may have conditions precedent, and it is advisable that the offer is left open for acceptance for a period of two or three days.
5. The hearing of the application for order approving the sale.
6. Completion of the sale.

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