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$1,238,888

1 2035 E 51ST

Vancouver · MLS® R3151101

3 bed · 2 bath · 1,379 sq ft · 1 parking

House · Single Family · built 2026 · 72 days on market

Listed by Mandeep Lehail, YPA Your Property Agent

Realtor's description

Located in the sought-after Victoria neighborhood of East Vancouver, this brand-new main floor triplex home offers 3 bedrooms and 2 bathrooms with modern design and quality craftsmanship throughout. The bright open-concept layout features 9-foot ceilings, oversized windows, engineered hardwood flooring, and a contemporary kitchen with premium Fisher & Paykel appliances, custom cabinetry, and quartz countertops. Enjoy year-round comfort with a heat pump, plus a security system with alarm and cameras. Complete with one EV-ready parking stall, this home is conveniently located near parks, schools, shopping, transit, and everyday amenities, offering exceptional modern living in a prime location.

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,379 sq ft
Parking: 1
Year built: 2026
Days on market: 72
MLS®: R3151101

Features

Price check

Below typical for the area (-11%)

2026 assessment: $2,310,000 · asking is -46%
Price per sq ft: $898 vs $1,010 median for houses in Vancouver for sale (1747)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 72 days · no price changes so far

The market here

Listed now: 53 days; median for 1860 houses for sale; this one 72 days

Houses in Vancouver. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$2,310,000	$7,768

Estimate: the BC Assessment value times Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$5,398/mo

Mortgage $5,398

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$5,398/ monthly

loan $991,110

25-year amortization

down payment20% · $247,77820%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 10, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $628,204
property transfer tax: $22,778; BC general rate
cash to close: $270,555; down + PTT
total paid: $1,619,315

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 374 m² (4,026 sq ft). From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

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Schools

Catchment schools, Vancouver School Board

Elementary Kingsford Smith Elementaryhomes in this catchment
700 m away · 6901 Elliott St, Vancouver · 604-812-1840
Secondary David Thompson Secondaryhomes in this catchment
500 m away · 1755 55th Ave E, Vancouver · 604-713-8278

From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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