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$3,499,000

1989 W KING EDWARD AVENUE

Vancouver · MLS® R3075949

9 bed · 5 bath · 5,486 sq ft · 13,072 sq ft lot · 1 parking

House · Single Family · built 1920 · 275 days on market

Listed by Grace Hsu, Vanhaus Gruppe Realty Inc.

Realtor's description

Discover a trophy investment at 1989 W King Edward Ave. Situated on a sprawling 13,000+ sq. ft. lot within the prestigious First Shaughnessy District, this property offers a rare "buy and hold" opportunity. Currently configured as four distinct units, this character-filled residence combines heritage charm with modern rental utility. Standing tall on the high side of the street, the property offers impressive views and a commanding presence. Whether you are looking to add a high-yield asset to your portfolio or explore a long-term heritage revitalization project, this massive lot provides the ultimate canvas in Vancouver's most exclusive enclave. Call for more details!

Property details

Type: House, Single Family
Bedrooms: 9
Bathrooms: 5
Living area: 5,486 sq ft
Lot: 13,072 sq ft
Parking: 1
Year built: 1920
Property tax: $12,403 / yr
Days on market: 275
MLS®: R3075949

Features

Central location

Price check

Price per sq ft: $638 vs $1,011 median for houses in Vancouver for sale (1697)

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 275 days

The market here

Listed now: 57 days; median for 1707 houses for sale; this one 275 days

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

Monthly cost

$16,278/mo

Mortgage $15,245 · Tax $1,034

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

estimated payment

$15,245/ monthly

loan $2,799,200

25-year amortization

down payment20% · $699,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,774,242
property transfer tax: $92,950; BC general rate
cash to close: $792,750; down + PTT
total paid: $4,573,442

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

VancouverGoogle Maps ↗

Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Shaughnessy Elementaryhomes in this catchment
600 m away · 4250 Marguerite St, Vancouver · 604-713-5500
Secondary Prince of Wales Secondaryhomes in this catchment
700 m 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.

Good to know

Heritage
This address is inside the First Shaughnessy Heritage Conservation Area heritage conservation area (Vancouver). Exterior changes can need a heritage permit, and some heritage homes qualify for grants or incentives; the municipality can confirm.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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