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$6,500,000

1588 W 29TH AVENUE

Vancouver · MLS® R3150139

6 bed · 5 bath · 4,402 sq ft · 16,687 sq ft lot · 3 parking

House · Single Family · built 1921 · 74 days on market

Listed by Ling Ling Ye, Pacific Evergreen Realty Ltd.

Realtor's description

Absolutely gorgeous Georgian style house sitting on a park like 16,687 square foot corner lot in prime area of Shaughnessy. Elegantly open floor plan. This home has been beautifully remodeled and expanded but keeping with the original character (leaded windows, hardwood flooring, high ceilings). Gracious good sized living & dining rooms. Spacious family room is overlooking the southwest back garden with flower, trees & shrubs. 4 good sized bedrooms & 2 bath on second floor. Two bedroom suite in basement for rent out. Close to Little Flower Academy, York House School, Shaughnessy Elementary School, Arbutus Club & downtown. This is a beautiful rare estate, good for living or development.

Property details

Type: House, Single Family
Bedrooms: 6
Bathrooms: 5
Living area: 4,402 sq ft
Lot: 16,687 sq ft
Parking: 3
Year built: 1921
Property tax: $34,278 / yr
Days on market: 74
MLS®: R3150139

Features

Price check

2026 assessment: $6,193,000 · asking is +5.0%
Price per sq ft: $1,477 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 74 days · no price changes so far

The market here

Listed now: 53 days; median for 1860 houses for sale; this one 74 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$6,193,000	$20,825

The listing shows $34,278 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

$31,176/mo

Mortgage $28,320 · Tax $2,856

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

estimated payment

$28,320/ monthly

loan $5,200,000

25-year amortization

down payment20% · $1,300,00020%+ 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: $3,295,963
property transfer tax: $243,000; BC general rate
cash to close: $1,543,000; down + PTT
total paid: $8,495,963

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: $1,905/mo
Your cost after the suite: $29,599/mo; vs $31,351 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $28,320 · tax $2,856 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) in Westside/Kerrisdale, 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: 1,554 m² (16,727 sq ft) · PID 007-470-941. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Shaughnessy Elementaryhomes in this catchment
400 m away · 4250 Marguerite St, Vancouver · 604-713-5500
Secondary Prince of Wales Secondaryhomes in this catchment
1.2 km away · 2250 Eddington Dr, Vancouver · 604-713-8974

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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