Vancouver Foreclosure Homes & Real Estate for Sale Listings

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602 1238 BURRARD STREET
Vancouver V6Z 3E1

$699,900
Single Family beds: 2 baths: 2.0 859 sq. ft. built: 2003

Main Photo: 602 1238 BURRARD STREET in Vancouver: Condo for sale : MLS®# R3048846
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Status:
Active
Prop. Type:
Single Family
MLS® Num:
R3048846
Bedrooms:
2
Bathrooms:
2
Year Built:
2003
Altadena - Court Ordered Sale 2 bedroom corner unit with 2 full bathroom plus flex room(enclosed balcony area/den). South-West, not facing Burrard street. Large living room with gas fireplace. 9 foot ceilings through out. Fantastic location just on the edge of the West End with all shopping and restaurants within a short walking distance. Local transit close by. Sold on a "As is Where is " basis only. 1 parking and 1 locker (id:2493)
Property Type:
Single Family
Common Interest:
Condo/Strata
Property Attached:
Yes
Total Living Area:
859 sq. ft.
Association Fee:
541.87
Association Fee Frequency:
Monthly
Taxes:
$2,503.98 / 2025
Features:
Exercise Centre, Laundry - In Suite
Community Features:
Pets Allowed With Restrictions
View:
View
Structure Type:
Apartment
Bedrooms:
2
Bathrooms:
2.0
Fireplace:
No
Heating:
Baseboard heaters, Electric, Natural gas
Lot Size:
0 sq. ft.
Lot Details:
0
Lot Features:
Central location, Elevator
Parking:
Underground
Total Parking Spaces:
1
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Data was last updated February 4, 2026 at 10:45 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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Sam Huang PREC
H & S Real Estate Group
Real Estate Coal Harbour
RE/MAX Select Properties
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