Kitsilano, 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 50 houses with basement for sale in Kitsilano, Vancouver. Prices range from $1,699,000 to $20,798,000. 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.
The houses market in Kitsilano, Vancouver is currently a Balanced Market with a 14% sales ratio — 7 homes sold against 50 active listings in the past 30 days. The median asking price is $2,798,500 ($1,358/sqft). Properties are selling quickly, averaging 13 days on the market.
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| $1.5M–$1.75M | 1 | 0 | 0% | |
| $1.75M–$2M Most Active | 2 | 1 | 50% | |
| $2M–$2.5M | 15 | 1 | 7% | |
| $2.5M–$3M | 17 | 1 | 6% | |
| Over $3M | 15 | 4 | 27% |
Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.
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