2378 Marine Drive

1 / 21

$2,399,000

2378 Marine Drive

West Vancouver · MLS® R3176514

542

2,401 sq ft · 6,063 sq ft lot · House · Single Family · built 2024 · 7 days on market

listed by Milad Karimi, Royal Pacific Realty Corp.

realtor's description

Rarely available half duplex in the heart of Dundarave Village, built by multi-award-winning Archia Development. This modern home offers stunning ocean views, high celing, floor-to-ceiling windows, radiant in-floor heating, A/C, smart home system, custom millwork, and a gourmet kitchen with quartz countertops. Enjoy seamless indoor-outdoor living with a spacious balcony of the family room. The lower level features a legal 2-bedroom suite perfect for rental income or guests. Just steps to the seawall, beach, community centre, shops, and restaurants. A perfect blend of luxury, comfort, and location. Open House on Sat & Sunday Oct 24th, 25th, 2:00 to 4:00 pm.

property details

type: House, Single Family
bedrooms: 5
bathrooms: 4
living area: 2,401 sq ft
lot: 6,063 sq ft
parking: 2
year built: 2024
property tax: $8,508 / yr
days on market: 7
MLS®: R3176514

features

Central location
All
Intercom
Oven - Built-In

monthly cost

$11,161/mo

Mortgage $10,452 · Tax $709

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

estimated payment

$10,452/ monthly

loan $1,919,200

25-year amortization

down payment20% · $479,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 26, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,216,464
property transfer tax: $49,970; BC general rate
cash to close: $529,770; down + PTT
total paid: $3,135,664

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

suite rent: $3,680/mo
your cost after the suite: $7,951/mo; vs $11,336 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $10,452 · tax $709 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 2-bedroom in West Vancouver: CMHC's average there ($3,252) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

location

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year

assessed

est. tax

2026

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$8,508

2378 Marine Drive