2758 Horley Street

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$1,198,000

2758 Horley Street

Vancouver · MLS® R3125385

522

1,990 sq ft · 3,366 sq ft lot · House · Single Family · built 1912 · 161 days on market

listed by Satish (Steve) Wadhera, Homeland Realty

realtor's description

ATTENTION BUILDERS AND INVESTORS.RM-7 Zoning Lot, encouraged for Multiplex development. Excellent value home located in Norquary Village. Central location near Kingsway but still on a quiet street with trees and back lane access. Close to TNT supermarket, New Mandarin restaurant, transit, Norquay Park, and walking distance to 29th Street Skytrain station.This 5-bedroom, 2-bathroom home offers approximately 2,000 sq. ft. of living space, with 3 bedrooms on the main floor and fully finished Basement with a separate entrance, kitchen and 2 bedrooms. Rents are MAIN $1500.00 and BASEMENT $1200.00 .

property details

type: House, Single Family
bedrooms: 5
bathrooms: 2
living area: 1,990 sq ft
lot: 3,366 sq ft
parking: 2
year built: 1912
property tax: $7,397 / yr
days on market: 161
MLS®: R3125385

features

Central location

the market here

listed now: 57 days; median for 1787 houses for sale; this one 161 days

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

property tax by year

year	assessed	est. tax
2026	$1,482,900	$4,986

The listing shows $7,397 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

$5,836/mo

Mortgage $5,220 · Tax $616

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

estimated payment

$5,220/ monthly

loan $958,400

25-year amortization

down payment20% · $239,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 28, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $607,471
property transfer tax: $21,960; BC general rate
cash to close: $261,560; down + PTT
total paid: $1,565,871

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: $1,960/mo
your cost after the suite: $4,208/mo; vs $6,011 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $5,220 · tax $616 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 1-bedroom in Mount Pleasant/Renfrew Heights, Vancouver: CMHC's average there ($1,704) 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