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$4,999,000

2318 MACDONALD STREET

Vancouver · MLS® R2951978

6 bed · 3 bath · 2,321 sq ft · 2,904 sq ft lot · 1 parking

House · Single Family · built 1912 · 644 days on market

Listed by Brent Lewis, RE/MAX Select Properties

Realtor's description

Investor and developer alert! Macdonald & Broadway! Potential mid-rise zoning on it's way. Perfect opportunity to purchase and hold this property in this Prime Kitsilano neighbourhood for the potential Broadway Subway-Millenium Extension. Hold this property and collect an annual rent of $78,000! Contact listing agent for more information.

Property details

Type: House, Single Family
Bedrooms: 6
Bathrooms: 3
Living area: 2,321 sq ft
Lot: 2,904 sq ft
Parking: 1
Year built: 1912
Property tax: $9,093 / yr
Days on market: 644
MLS®: R2951978

Features

Central location
All

Price check

2026 assessment: $1,812,900 · asking is +176%
Price per sq ft: $2,154 vs $1,008 median for houses in Vancouver for sale (1704)

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 644 days · no price changes so far

The market here

Listed now: 56 days; median for 1817 houses for sale; this one 644 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,812,900	$6,096

The listing shows $9,093 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

$22,538/mo

Mortgage $21,780 · Tax $758

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

estimated payment

$21,780/ monthly

loan $3,999,200

25-year amortization

down payment20% · $999,80020%+ 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: $2,534,849
property transfer tax: $167,950; BC general rate
cash to close: $1,167,750; down + PTT
total paid: $6,534,049

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

Lot outline: 242 m² (2,605 sq ft) · PID 012-547-328. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

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Schools

Catchment schools, Vancouver School Board

Elementary Gordon Elementaryhomes in this catchment
200 m away · 2268 Bayswater St, Vancouver · 604-713-5403
Secondary Kitsilano Secondaryhomes in this catchment
500 m away · 2706 Trafalgar St, Vancouver · 604-713-8961

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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