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$2,298,000

3144 W 7TH AVENUE

Vancouver · MLS® R3165363

4 bed · 3 bath · 3,067 sq ft · 3,703 sq ft lot · 2 parking

House · Single Family · built 1912 · 24 days on market

Listed by Jamie Stewart, eXp Realty

Realtor's description

Circa 1912 income-producing property (4 suites) on a 33' x 112' RT-7 zoned lot in the heart of Kitsilano, situated on a quiet, tree-lined street with rear lane access. Offering over 3,000 sq. ft., newer house/garage roofs. 1st time on the market since 1980 and priced below the current tax assessment ($2.302M). Shared coin-operated laundry provides added convenience for tenants. Ideally located just steps to Kits Beach, parks, West 4th Avenue and West Broadway shopping, cafés, restaurants, transit, and excellent public and private schools, with easy access to UBC and Downtown Vancouver. A rare investment opportunity in one of Vancouver's most sought-after West Side neighbourhoods.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 3,067 sq ft
Lot: 3,703 sq ft
Parking: 2
Year built: 1912
Property tax: $8,231 / yr
Days on market: 24
MLS®: R3165363

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-26%)

2026 assessment: $2,302,700 · asking is -0.2%
Price per sq ft: $749 vs $1,009 median for houses in Vancouver for sale (1703)

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 24 days · no price changes so far

The market here

Listed now: 56 days; median for 1814 houses for sale; this one 24 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,302,700	$7,743

The listing shows $8,231 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

$10,698/mo

Mortgage $10,012 · Tax $686

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

estimated payment

$10,012/ monthly

loan $1,838,400

25-year amortization

down payment20% · $459,60020%+ 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: $1,165,250
property transfer tax: $46,940; BC general rate
cash to close: $506,540; down + PTT
total paid: $3,003,650

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: $1,915/mo
Your cost after the suite: $9,111/mo; vs $10,873 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $10,012 · tax $686 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) in Kitsilano/Point Grey, 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: 345 m² (3,714 sq ft) · PID 015-402-703. 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
300 m away · 2268 Bayswater St, Vancouver · 604-713-5403
Secondary Kitsilano Secondaryhomes in this catchment
900 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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