Vancouver Foreclosure Homes & Real Estate for Sale Listings

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111 3188 RIVERWALK AVENUE
Vancouver V5S 0E7

$749,888
Single Family beds: 2 baths: 2.0 886 sq. ft. built: 2021

Main Photo: 111 3188 RIVERWALK AVENUE in Vancouver: Condo for sale : MLS®# R3069716
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Status:
Active
Prop. Type:
Single Family
MLS® Num:
R3069716
Bedrooms:
2
Bathrooms:
2
Year Built:
2021
COURT ORDERED SALE! UNIT IS ONLY 4 YEARS OLD!! The Currents at Waters Edge is built by the reputable Polygon and boasts a handful of features! This ground-floor corner unit impresses with ease of access to the backdoor right off the street. No elevator waiting which is amazing for not having to wait when people move in and out! This is also super efficient for pet owners who don't want to wait for elevators! This 886 sq. ft unit has an amazing layout with an open concept floor plan, 2 bed/2 bath & den, an oversized chef's kitchen, marble style backsplash, Fantastic S/S Bosch appliances, and an oversized patio. Enjoy a nearby gym, local restaurants, a boardwalk, nearby park for children to play, beautiful walk/biking trails along the river. LOWEST PRICE - RIVER FRONT! CALL - PRIVATE SHOWING (id:2493)
Property Type:
Single Family
Common Interest:
Condo/Strata
Property Attached:
Yes
Total Living Area:
886 sq. ft.
Association Fee:
503.05
Association Fee Frequency:
Monthly
Taxes:
$2,800.21 / 2025
Features:
Laundry - In Suite
Community Features:
Pets Allowed With Restrictions
Waterfront:
Waterfront
Structure Type:
Apartment
Appliances Included:
All
Bedrooms:
2
Bathrooms:
2.0
Fireplace:
No
Heating:
Baseboard heaters, Hot Water
Lot Size:
0 sq. ft.
Lot Details:
0
Lot Features:
Central location, Elevator
Total Parking Spaces:
1
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Listed by Sutton Group-West Coast Realty
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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