1267 E 53rd Avenue

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$2,599,000

1267 E 53rd Avenue

Vancouver · MLS® R3170878

641

2,628 sq ft · 3,696 sq ft lot · House · Single Family · built 2017 · 31 days on market

listed by Joel Korn, Sutton Group-West Coast Realty

realtor's description

Fabulous, custom home in one of the best neighbourhoods in SOUTH VANCOUVER! Open concept design with two living areas. Top floor has 3 bedrooms and 2 bathrooms with a spacious master, walk in closet and ensuite with one of the rooms completely converted into a massive luxury walk in closet with custom millwork. Integrated Yamaha Speakers, Nest thermostats, radiant infloor heating, LED lights under each step, feature stairway wall, A/C and much more! Kitchen features Miele appliances with tons of counterspace. This home offers a perfect mortgage helper with a 3 bedroom legal suite and a 2 bedroom laneway house. Minutes from Ross Park, David Thompson Secondary, restaurants, stores and easy access to Knight Street bridge. Additional 597 Sq, feet Coach House rented for $2000/month

property details

type: House, Single Family
bedrooms: 6
bathrooms: 4
living area: 2,628 sq ft
lot: 3,696 sq ft
parking: 1
year built: 2017
property tax: $9,245 / yr
days on market: 31
MLS®: R3170878

features

Central location
All
Central Vacuum
Oven - Built-In

monthly cost

$12,209/mo

Mortgage $11,439 · Tax $770

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$11,439/ monthly

loan $2,079,200

25-year amortization

down payment20% · $519,80020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 30, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,352,367
property transfer tax: $55,970; BC general rate
cash to close: $575,770; down + PTT
total paid: $3,431,567

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

suite rent: $2,930/mo
your cost after the suite: $9,688/mo; vs $12,384 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $11,439 · tax $770 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 3-bedroom in Southeast Vancouver, Vancouver: CMHC's average there ($2,475) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Vancouver also charges an empty homes tax. vancouver.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

location

VancouverGoogle Maps ↗

schools

Catchment schools, Vancouver School Board

Elementary Fleming Elementaryhomes in this catchment
500 m away · 6363 Lanark St, Vancouver · 604-713-4793
Secondary David Thompson Secondaryhomes in this catchment
700 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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