Vancouver Houses with Basement for Sale
Vancouver houses with basements are among the most sought-after in the city — a finished lower level adds usable square footage in a market where every foot counts, and a legal secondary suite can generate rental income that materially offsets ownership costs. There are currently 1350 houses with basement for sale in Vancouver. Prices range from $850,000 to $32,000,000. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates. Many East Vancouver bungalows and two-storey homes built between 1920 and 1970 have full-height basements, often already converted to suites with a separate entrance. Newer infill homes frequently include a purpose-built in-law suite as a standard feature. A 1-bedroom basement suite in Vancouver typically rents for $1,500–$2,200/month; 2-bedroom suites range from $2,000–$2,800/month — one of the highest suite rental rates in Canada.
Market summary
The houses market in Vancouver is currently a Buyer's Market with a 4.2% sales ratio — 57 homes sold against 1350 active listings in the past 30 days. The median asking price is $2,788,000 ($1,164/sqft). Properties are selling slowly, averaging 40 days on the market.
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| $800K–$1M | 8 | 0 | 0% | |
| $1M–$1.25M Most Active | 19 | 6 | 32% | |
| $1.25M–$1.5M | 113 | 7 | 6% | |
| $1.5M–$1.75M | 128 | 9 | 7% | |
| $1.75M–$2M | 166 | 8 | 5% | |
| $2M–$2.5M | 170 | 6 | 4% | |
| $2.5M–$3M | 171 | 15 | 9% | |
| Over $3M | 575 | 6 | 1% |
Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.
Market Activity by Neighbourhood — Vancouver
| Neighbourhood | Active | Sold (30d) | Sales Ratio |
|---|---|---|---|
| Point Grey | 97 | 3 | 3% |
| Dunbar | 86 | 7 | 8% |
| Renfrew Heights | 84 | 1 | 1% |
| Collingwood VE | 79 | 1 | 1% |
| South Granville | 78 | 2 | 3% |
| South Vancouver | 78 | 3 | 4% |
| Shaughnessy | 77 | 1 | 1% |
| Renfrew VE | 76 | 2 | 3% |
| Knight | 57 | 3 | 5% |
| Cambie | 55 | 3 | 5% |
| Killarney VE | 48 | 5 | 10% |
| Grandview Woodland | 46 | 1 | 2% |
| Kitsilano | 45 | 7 | 16% |
| Fraser VE | 44 | 3 | 7% |
| Main | 38 | 3 | 8% |
| Fraserview VE | 37 | 1 | 3% |
| Kerrisdale | 32 | 2 | 6% |
| Marpole | 31 | 0 | 0% |
| Arbutus | 29 | 1 | 3% |
| Quilchena | 28 | 0 | 0% |
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Frequently Asked Questions — Vancouver
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