Vancouver Foreclosure Homes & Real Estate for Sale Listings

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423 2238 KINGSWAY
Vancouver V5N 2T7

$548,000
Single Family beds: 2 baths: 2.0 802 sq. ft. built: 1997

Main Photo: 423 2238 KINGSWAY in Vancouver: Condo for sale : MLS®# R3040993
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Status:
Active
Prop. Type:
Single Family
MLS® Num:
R3040993
Bedrooms:
2
Bathrooms:
2
Year Built:
1997
Welcome to The King´s Courtyard, a centrally located gem in Vancouver. This bright and well-maintained 802 square ft condo offers 2 bedrooms and 2 full bathrooms with a practical, open-concept layout. Step outside to your private patio-ideal for relaxing or entertaining. Just steps from T&T Supermarket, popular restaurants, the Nanaimo SkyTrain Station, and local parks, this home provides quick access to Downtown Vancouver and is within the catchment of Gladstone Secondary. Perfect for first-time buyers or small families looking for a move-in-ready home with excellent walkability. Includes one secured parking stall and one storage locker. 24-hour notice required for all showings. Showings limited to one Realtor and two clients. Additional photo link available upon request. Thank you, Luke. (id:2493)
Property Type:
Single Family
Common Interest:
Condo/Strata
Property Attached:
Yes
Total Living Area:
802 sq. ft.
Association Fee:
413.35
Association Fee Frequency:
Monthly
Taxes:
$1,849.18 / 2024
Features:
Laundry - In Suite
Community Features:
Pets Allowed, Pets Allowed With Restrictions, Rentals Allowed With Restrictions
View:
View
Structure Type:
Apartment
Bedrooms:
2
Bathrooms:
2.0
Fireplace:
No
Heating:
Radiant heat, Electric
Lot Size:
0 sq. ft.
Lot Details:
0
Lot Features:
Central location, Private setting, Elevator, Wheelchair access, Gated community
Total Parking Spaces:
1
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Listed by RE/MAX LIFESTYLES REALTY
Data was last updated November 24, 2025 at 08:45 AM (UTC)
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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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