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 70 houses with basement for sale in South Granville, Vancouver. Prices range from $1,729,000 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.
Market summary
The houses market in South Granville, Vancouver is currently a Buyer's Market with a 1.4% sales ratio — 1 homes sold against 70 active listings in the past 30 days. The median asking price is $4,340,000 ($1,080/sqft). Properties are selling very quickly, averaging 5 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 | 3 | 0 | 0% | |
| $2M–$2.5M | 4 | 0 | 0% | |
| $2.5M–$3M Most Active | 4 | 1 | 25% | |
| Over $3M | 58 | 0 | 0% |
Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.
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