2426 W 34th Avenue

Vancouver · MLS® R3140003

4,392 sq ft · 7,800 sq ft lot · House · Single Family · built 1945 · 127 days on market

listed by Jack Zhu, RE/MAX Select Properties

realtor's description

Renovated on a prime south-facing lot with a modern 3-bedroom laneway home. The charming 4-bedroom main residence blends character with contemporary upgrades, featuring new flooring, a stunning new kitchen, renovated bathrooms, fresh interior and exterior paint, and a newer heat pump&Air Cons. Built in 2012, the stylish laneway house offers polished concrete floors, a gas fireplace, and excellent flexibility for rental income, extended family, or a home office. Ideally located near Kerrisdale, UBC, Point Grey Secondary, Crofton House, parks, shopping, and transit. A rare, move-in-ready opportunity offering exceptional rental income potential.

property details

type: House, Single Family
bedrooms: 9
bathrooms: 5
living area: 4,392 sq ft
lot: 7,800 sq ft
parking: 0
year built: 1945
property tax: $16,511 / yr
days on market: 127
MLS®: R3140003

features

the market here

listed now: 57 days; median for 1784 houses for sale; this one 127 days

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

property tax by year

year	assessed	est. tax
2026	$3,957,000	$13,306

The listing shows $16,511 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

$20,653/mo

Mortgage $19,277 · Tax $1,376

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$19,277/ monthly

loan $3,504,000

25-year amortization

down payment20% · $876,00020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 30, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $2,279,096
property transfer tax: $137,000; BC general rate
cash to close: $1,013,000; down + PTT
total paid: $5,783,096

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: $2,190/mo
your cost after the suite: $18,813/mo; vs $20,828 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $19,277 · tax $1,376 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 1-bedroom in Westside/Kerrisdale, Vancouver: CMHC's average there ($1,905) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% 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
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: 724 m² (7,793 sq ft) · PID 013-272-004. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

schools

Catchment schools, Vancouver School Board

Elementary Quilchena Elementaryhomes in this catchment
800 m away · 5300 Maple St, Vancouver · 604-713-5420
Secondary Point Grey Secondaryhomes in this catchment
700 m away · 5350 East Blvd, Vancouver · 604-713-8220

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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