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$2,989,000

2159 MCMULLEN AVENUE

Vancouver · MLS® R3149677

4 bed · 3 bath · 2,428 sq ft · 2 parking

Townhouse · Single Family · built 1978 · 77 days on market

Listed by Brent Lewis, RE/MAX Select Properties

Realtor's description

This is the one! Fully renovated XL townhouse, feels like a home, in the heart of Arbutus Village. No expenses spared in this down-to-the-studs rebuild. Over 2400sf inside with multiple outdoor spaces to enjoy the super private and serene outdoors. 4 bedrooms including fully finished basement that could be used as bedroom or family entertainment room. 3 bathrooms including a lavish master ensuite. FEATURES: Custom designed house with Air con, EV charger, natural gas bbq connector, expanded windows, high end appliances, and much more. Ask agent for full list. Steps from Arbutus Shopping, Safeway, BCL. Arbutus Club, Prince of Wales High School, Trafalgar Elem, with direct buses to UBC & Downtown, this is a centrally located but quiet home!

Property details

Type: Townhouse, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 2,428 sq ft
Parking: 2
Year built: 1978
Property tax: $5,781 / yr
Strata fee: $734 / mo ($0.30 / sq ft)
Strata rules: Pets Allowed
Days on market: 77
MLS®: R3149677

Features

Central location
Treed
Pets Allowed
All

Price check

Above typical for the area (+20%)

2026 assessment: $1,975,000 · asking is +51%
Price per sq ft: $1,231 vs $1,027 median for townhouses in Vancouver for sale (481)

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 77 days · no price changes so far

The market here

Listed now: 44 days; median for 499 townhouses for sale; this one 77 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,975,000	$6,641

The listing shows $5,781 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

$14,239/mo

Mortgage $13,023 · Tax $482 · Strata $734

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

estimated payment

$13,023/ monthly

loan $2,391,200

25-year amortization

down payment20% · $597,80020%+ 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: $1,515,636
property transfer tax: $67,670; BC general rate
cash to close: $665,470; down + PTT
total paid: $3,906,836

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

Rent: $4,453/mo
After all costs: −$10,317/mo
Cap rate: 1.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $13,023 · tax $482 · strata $734 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom 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

The building's lot: 12,087 m² (130,103 sq ft) · PID 003-498-069. 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 Trafalgar Elementaryhomes in this catchment
600 m away · 4170 Trafalgar St, Vancouver · 604-713-5475
Secondary Prince of Wales Secondaryhomes in this catchment
300 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.

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