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$6,880,000

1196 W 48TH AVENUE

Vancouver · MLS® R3145148

6 bed · 7 bath · 4,726 sq ft · 7,732 sq ft lot · 3 parking

House · Single Family · built 2019 · 90 days on market

Listed by Wei (Will) Wang, Royal Pacific Lions Gate Realty Ltd.

Realtor's description

Gorgeous custom built executive home in South Granville neighborhood. 7,732 square ft (63' x 122.8') huge lot with 5,445sq ft of luxurious living space, including total 5 bedrooms , 6 bath 4725 sqft Main house and 1 bdrm, 1bath 2 levels, 720 sqft laneway House. Exquisite craftsmanship, excellent floor plan, real marble on main floor, oak wood on upper floor and basement, gourmet kitchen with island & wok kitchen with top German brand Miele appliances.South facing backyard and master bedroom give you bright and warm feeling. Sauna Room Play Room, Flex Room,Recreation Room and Theater Room. The gorgeous technology smart home has extensive use of high-end crystal,wood panel, wallpaper,chandeliers, marble and granite.Beautiful landscaping and backyard for entertaining & BBQ.Must see.

Property details

Type: House, Single Family
Bedrooms: 6
Bathrooms: 7
Living area: 4,726 sq ft
Lot: 7,732 sq ft
Parking: 3
Year built: 2019
Property tax: $28,271 / yr
Days on market: 90
MLS®: R3145148

Features

Central location
All

Price check

2026 assessment: $5,592,000 · asking is +23%
Price per sq ft: $1,456 vs $1,012 median for houses in Vancouver for sale (1707)

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 90 days · no price changes so far

The market here

Listed now: 56 days; median for 1818 houses for sale; this one 90 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$5,592,000	$18,804

The listing shows $28,271 a year in property tax.

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

$32,331/mo

Mortgage $29,976 · Tax $2,356

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$29,976/ monthly

loan $5,504,000

25-year amortization

down payment20% · $1,376,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $3,488,650
property transfer tax: $262,000; BC general rate
cash to close: $1,638,000; down + PTT
total paid: $8,992,650

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: 717 m² (7,718 sq ft) · PID 010-623-337. 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 Osler Elementaryhomes in this catchment
400 m away · 5970 Selkirk St, Vancouver · 604-713-4920
Secondary Eric Hamber Secondaryhomes in this catchment
1.5 km away · 960 W. 33rd Avenue, Vancouver · 604-713-8927

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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