South Granville, 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 84 houses with basement for sale in South Granville, Vancouver. Prices range from $1,750,000 to $13,980,000. 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.

↓ Buyer's Market
84
Active Listings
2
Sold (30 days)
2.4%
Sales Ratio
Buyer's Market
$4.28M
Median List Price
$1,169
Avg $/sqft
22
Avg Days on Market
Sale-to-List Ratio & Sold Prices
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The houses market in South Granville, Vancouver is currently a Buyer's Market with a 2.4% sales ratio — 2 homes sold against 84 active listings in the past 30 days. The median asking price is $4,279,000 ($1,169/sqft). Properties are selling within a month on average, averaging 22 days on the market.

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Market Activity by Price Range — South Granville, Vancouver

Price Range Active Sold (30d) Sales Ratio
$1.5M–$1.75M 1 0 0%
$1.75M–$2M 2 0 0%
$2M–$2.5M 3 0 0%
$2.5M–$3M Most Active 8 1 13%
Over $3M 70 1 1%

Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.

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Frequently Asked Questions — South Granville, Vancouver

How many houses are for sale in South Granville, Vancouver?
There are currently 84 houses listed for sale in South Granville, Vancouver. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for houses in South Granville, Vancouver?
It is currently a Buyer's Market. With a 2.4% sales ratio, there are more houses available than buyers are purchasing, giving buyers more time and negotiating power. See the full Vancouver Houses market report for monthly trends.
What is the median price of houses in South Granville, Vancouver?
The median asking price for houses in South Granville, Vancouver is $4,279,000. The average price per sqft is $1,169. See the full Vancouver Houses market report for monthly trends.
How long do houses take to sell in South Granville, Vancouver?
Houses in South Granville, Vancouver are averaging 22 days on market before selling. Buyers have a few weeks to view comparables before making an offer.
Are basements common in South Granville, Vancouver houses?
Many houses in South Granville, Vancouver include finished or partially finished basements that can serve as extra living space, recreation rooms, or potential rental suites. Always verify basement ceiling height, permits, and legal suite status.

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