1318 E 34TH AVENUE

Vancouver · MLS® R3171352

6 bed · 4 bath · 3,085 sq ft · 4,336 sq ft lot · 3 parking

House · Single Family · built 1980 · 8 days on market

Listed by Winnie Lam, Sutton Group - Vancouver First Realty

Realtor's description

Fantastic opportunity for investors, builders, or growing families looking to build sweet equity! This north-facing home with a sunny south-facing backyard offers a versatile and functional layout featuring 4 bedrooms and 3 bathrooms in the main living area, plus a fully finished 2 bedroom, 1 bathroom basement suite with separate entry - an ideal mortgage helper or in-law accommodation. Endless potential awaits! Property is being sold "as is, where is." Bring your decorating and renovation ideas to personalize this gem and restore it to its full glory, or hold for future appreciation. Don't miss out on one of the best value-priced detached homes in the area - call today for your private viewing!

Property details

Type: House, Single Family
Bedrooms: 6
Bathrooms: 4
Living area: 3,085 sq ft
Lot: 4,336 sq ft
Parking: 3
Year built: 1980
Property tax: $8,861 / yr
Days on market: 8
MLS®: R3171352

Features

Central location
All

Price check

2026 assessment: $1,869,000 · asking is -13%
Price per sq ft: $528 vs $1,012 median for houses in Vancouver for sale (1712)

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 8 days · no price changes so far

The market here

Listed now: 55 days; median for 1822 houses for sale; this one 8 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,869,000	$6,285

The listing shows $8,861 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

$7,840/mo

Mortgage $7,102 · Tax $738

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

estimated payment

$7,102/ monthly

loan $1,304,000

25-year amortization

down payment20% · $326,00020%+ 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: $826,526
property transfer tax: $30,600; BC general rate
cash to close: $356,600; down + PTT
total paid: $2,130,526

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.

If you rented it out

Suite rent: $1,704/mo
Your cost after the suite: $6,448/mo; vs $8,015 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $7,102 · tax $738 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) in Mount Pleasant/Renfrew Heights, Vancouver (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; 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

Lot outline: 403 m² (4,338 sq ft) · PID 010-326-375. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Mackenzie Elementaryhomes in this catchment
700 m away · 960 39th Ave E, Vancouver · 604-713-4799
Secondary John Oliver Secondaryhomes in this catchment
1.3 km away · 530 41st Ave E, Vancouver · 604-713-8938

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.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.