1 / 40

$4,688,000

3419 E 48TH AVENUE

Vancouver · MLS® R3170103

11 bed · 11 bath · 5,339 sq ft · 8,619 sq ft lot · 6 parking

House · Single Family · built 2020 · 11 days on market

Listed by William Wat, Royal LePage Westside

Open house · Saturday, October 10, 1pm–3pm

Realtor's description

Rare luxury home in highly desirable Killarney, situated on a huge 51x 169 (8,619 sqft) south-facing flat lot. The 5,339 sqft main home offers a spacious living room, 8 beds & 9 baths, with sophisticated interiors featuring a curved quartz staircase, designer wall treatments, ceiling dome, premium lighting & stonework. The 5 ensuite bedrooms, luxury kitchen with oversized island & spa-inspired baths provide exceptional comfort. Enjoy the expansive heated patio with built-in outdoor kitchen on elegant black-marble flooring. Basement features a private theatre with premium AV, wet bar, sauna, plus 1-bed & 2-bed rental suites. Radiant heat, A/C, gas fireplace & smart home automation add modern comfort. Completing this exceptional property is a 1,080 sqft laneway home with 3 beds & 2 baths. Open House Oct 10 Sat 1-3pm.

Property details

Type: House, Single Family
Bedrooms: 11
Bathrooms: 11
Living area: 5,339 sq ft
Lot: 8,619 sq ft
Parking: 6
Year built: 2020
Property tax: $19,525 / yr
Days on market: 11
MLS®: R3170103

Features

Central location
Wet bar
All

Price check

Below typical for the area (-13%)

2026 assessment: $4,369,000 · asking is +7.3%
Price per sq ft: $878 vs $1,012 median for houses in Vancouver for sale (1717)

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 11 days · no price changes so far

The market here

Listed now: 53 days; median for 1860 houses for sale; this one 11 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$4,369,000	$14,691

The listing shows $19,525 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

$22,052/mo

Mortgage $20,425 · Tax $1,627

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

estimated payment

$20,425/ monthly

loan $3,750,400

25-year amortization

down payment20% · $937,60020%+ 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: $2,377,150
property transfer tax: $152,400; BC general rate
cash to close: $1,090,000; down + PTT
total paid: $6,127,550

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: $1,714/mo
Your cost after the suite: $20,650/mo; vs $22,227 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $20,425 · tax $1,627 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) in Southeast Vancouver, 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: 801 m² (8,622 sq ft) · PID 014-048-175. 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 MacCorkindale Elementaryhomes in this catchment
300 m away · 6100 Battison St, Vancouver · 604-317-4290
Secondary Killarney Secondaryhomes in this catchment
900 m away · 6454 Killarney St, Vancouver · 604-713-8950

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.