1 / 38

$1,799,000

2948 GRANT STREET

Vancouver · MLS® R3167486

4 bed · 3 bath · 2,506 sq ft · 4,254 sq ft lot · 2 parking

House · Single Family · built 1995 · 18 days on market

Listed by Preston Chin, Sutton Premier Realty

Realtor's description

First time ever offered to market! This well-maintained 4 bed, 3 bath home is situated on a generous 33.5' x 127' lot with back-lane access and a detached garage in the heart of the Renfrew community. Featuring hardwood floors in excellent condition, a separate entrance and a second kitchen below, the home offers flexibility for extended family or additional living space. An amazing space ready for fresh ideas, lightly renovate to suit your needs or hold for future development under R3-1 zoning. Additional highlights include a new roof completed in 2024. Conveniently located close to parks, shopping, restaurants, T&T Supermarket and transit, with easy access to Highway 1 and Downtown. A rare opportunity with outstanding long-term potential in a desirable East Vancouver neighbourhood!

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 2,506 sq ft
Lot: 4,254 sq ft
Parking: 2
Year built: 1995
Property tax: $9,162 / yr
Days on market: 18
MLS®: R3167486

Features

Central location
Refrigerator
Stove
Washer & Dryer

Price check

Below typical for the area (-29%)

2026 assessment: $1,962,000 · asking is -8.3%
Price per sq ft: $718 vs $1,012 median for houses in Vancouver for sale (1713)

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 18 days · no price changes so far

The market here

Listed now: 56 days; median for 1825 houses for sale; this one 18 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,962,000	$6,598

The listing shows $9,162 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

$8,602/mo

Mortgage $7,838 · Tax $764

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

estimated payment

$7,838/ monthly

loan $1,439,200

25-year amortization

down payment20% · $359,80020%+ 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: $912,221
property transfer tax: $33,980; BC general rate
cash to close: $393,780; down + PTT
total paid: $2,351,421

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

Suite rent: $1,692/mo
Your cost after the suite: $7,220/mo; vs $8,777 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $7,838 · tax $764 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) in East Hastings, 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

Lot outline: 396 m² (4,263 sq ft) · PID 014-579-952. 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 wək̓ʷan̓əs tə syaqʷəm Elementaryhomes in this catchment
Secondary Templeton Secondaryhomes in this catchment
1.5 km away · 727 Templeton Dr, Vancouver · 604-713-8984

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.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.