Find the Latest Foreclosure Listings in Vancouver

#1 Ranked foreclosure (Court Ordered) REALTOR in Vancouver*Even in a city like Vancouver, known for its robust real estate market, properties can still fall into foreclosure or be subject to a court-ordered sale. I specialize in listing and selling foreclosure properties across Vancouver, Burnaby, Richmond, and the rest of the lower mainland. It’s crucial to work with an agent experienced in dealing with banks, lawyers, and the complexities of foreclosure contracts. Buying and selling foreclosure properties is not a standard transaction, and many agents lack the necessary knowledge and expertise.Foreclosure in Vancouver involves the legal termination of a homeowner’s rights to list their property. This process starts when the homeowner fails to repay their mortgage, prompting the lender to take steps to reclaim and sell the property to recover the outstanding debt.Foreclosure in Vancouver is a court-ordered process. The lender first issues a notice of default to the homeowner, offering an opportunity to repay the outstanding debt. If the homeowner is unable to do so during the redemption period (typically 6 months), the lender can take the case to Court and request a Court order giving them Conduct of Sale.

Once the Court grants this order, the lender can proceed with selling the property. The sale proceeds are used to repay the mortgage debt, with any surplus funds going to the homeowner.I have managed numerous foreclosure listings in Vancouver, working with various banks and lawyers. I have successfully sold properties and recovered over $50,000,000 in loan assets for my clients.My handling of court-ordered sales in recent years has been marked by professionalism and successful outcomes every time. If you are a bank or lawyer handling a foreclosure file, please contact me for further information about my track record of success.Since 2009, no Realtor in Vancouver has listed more homes by Court order than I have.*(2009 – 2025 most MLS listings for Court ordered sales)

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503 1 E CORDOVA Street

Downtown VE Vancouver V6A 4H3

$625,000

Residential Attached beds: 1 baths: 1.0 756 sq. ft. built: 1997

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• Details
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Status:

Active

Prop. Type:

Residential Attached

MLS® Num:

R2915261

Bedrooms:

1

Bathrooms:

1

Year Built:

1997

• Photos (31)

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Discover a historically hip penthouse loft in vibrant Gastown. This reimagined suite combines high-impact design with sophistication in Vancouver's most eclectic neighborhood. Boasting 23 windows and 15 ft ceilings, it bathes in natural light and offers stunning mountain and water views from the Juliet balcony. Enjoy privacy and tranquility with features like polished concrete floors, a gas fireplace, and abundant storage. The kitchen is a chefs dream with Tartufo quartz counters, smoked glass, and Fulgor Milano appliances. The oversized bedroom upstairs includes space for a home office and a skylight. Includes in-suite laundry and 1 parking spot.

General Info:

Property Type:

Residential Attached

Dwelling Type:

Apartment/Condo

Home Style:

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Year built:

1997 (Age: 28)

Total area:

756 sq. ft.70.2 m2

Total Floor Area:

756 sq. ft.70.2 m2

Total unfinished area:

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Main Floor Area:

504 sq. ft.46.8 m2

Floor Area Above Main:

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Floor Area Above Main 2:

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Floor Area Detached 2nd Residence:

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Floor Area Below Main:

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Basement Area:

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Levels:

2

Rainscreen:

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Bedrooms:

1 (Above Grd: 1)

Bathrooms:

1.0 (Full:1/Half:0)

Kitchens:

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Rooms:

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Num Storeys:

5

Taxes:

$2,442.81 / 2024

Lot Area:

0 sq. ft.0 m2

Exposure / Faces:

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Rear Yard Exposure:

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Outdoor Area:

None

Pad Rental:

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# or % of Rentals Allowed:

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# or %:

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Water Supply:

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Plan:

LMS2854

Total Units in Strata:

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Additional Info:

Heating:

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Construction:

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Foundation:

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Basement:

None

Full Height:

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Crawl Height:

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Roof:

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Floor Finish:

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Fireplaces:

1

Fireplace Details:

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Parking:

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Parking Total/Covered:

1 / 1

Parking Access:

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Driveway:

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Exterior Finish:

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Title to Land:

Freehold Strata

Flood Plain:

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Suite:

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Room Information:

Floor

Type

Size

Other

Main

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Main

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Main

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Main

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Above

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Bathrooms:

Floor

Ensuite

Pieces

Other

Main

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By-Law Restrictions:

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Restricted Age:

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Maint. Fees:

$630.00

Maint. Fees Include:

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Features Included:

Clothes Washer/Dryer/Fridge/Stove/Dishwasher, Microwave, Smoke Alarm, Sprinkler - Fire

Site Influences:

Central Location

Amenities:

Bike Room, Elevator, Exercise Centre, In Suite Laundry

View:

City & Mountain Views

Legal Description:

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Other Details:

Dist to Public Trans:

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Dist to School Bus:

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Property Disclosure:

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Fixtures Leased:

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Fixtures Removed:

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Cats:

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Listed by Engel & Volkers Vancouver

Data was last updated March 12, 2025 at 10:10 AM (UTC)

Area Statistics

Listings on market:

53

Avg list price:

$679,000

Min list price:

$349,000

Max list price:

$2,199,900

Avg days on market:

44

Min days on market:

2

Max days on market:

226

Avg price per sq.ft.:

$872.5

These statistics are generated based on the current listing's property type and located in Downtown VE. Average values are derived using median calculations.

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• SIMON CLAYTON
• MACDONALD REALTY LTD.
• 1 (604) 7640711
• Contact by Email

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.

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