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$1,688,000

3416 MONMOUTH AVENUE

Vancouver · MLS® R3137356

5 bed · 2 bath · 1,678 sq ft · 4,571 sq ft lot

House · Single Family · built 1957 · 114 days on market

Listed by Jamie Zhang, Nu Stream Realty Inc.

Realtor's description

Investment Opportunity with Development Potential! Situated on a extra long 33 x 138.5 lot in a desirable and family-friendly neighbourhood, this well-maintained home offers excellent investment potential with a strong rental history, previously rented for $6,000 per month. The functional layout features 2 bedrooms and 1 bathroom on the main floor, plus a fully finished basement with 3 bedrooms, 1 bathroom, and a separate entrance, ideal for mortgage helper income. Close to parks, schools, shopping, restaurants, and transit. Sir Wilfred Grenfell Elementary School in walking distance. Hold, live in, or redevelop, this property offers outstanding value and endless potential!

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 2
Living area: 1,678 sq ft
Lot: 4,571 sq ft
Parking: 0
Year built: 1957
Property tax: $8,271 / yr
Days on market: 114
MLS®: R3137356

Features

Price check

Typical for the area (-0.6%)

2026 assessment: $1,720,000 · asking is -1.9%
Price per sq ft: $1,006 vs $1,012 median for houses in Vancouver for sale (1715)

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 114 days · no price changes so far

The market here

Listed now: 56 days; median for 1825 houses for sale; this one 114 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,720,000	$5,784

The listing shows $8,271 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

$8,044/mo

Mortgage $7,354 · Tax $689

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

estimated payment

$7,354/ monthly

loan $1,350,400

25-year amortization

down payment20% · $337,60020%+ 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: $855,936
property transfer tax: $31,760; BC general rate
cash to close: $369,360; down + PTT
total paid: $2,206,336

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.

Location

Lot outline: 420 m² (4,521 sq ft) · PID 014-101-742. 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 Grenfell Elementaryhomes in this catchment
300 m away · 3323 Wellington Ave, Vancouver · 604-713-4844
Secondary Windermere Secondaryhomes in this catchment
800 m away · 3155 27th Ave E, Vancouver · 604-713-8180

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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