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$1,398,000

3431 E 23RD AVENUE

Vancouver · MLS® R3167728

3 bed · 4 bath · 1,378 sq ft · 3,960 sq ft lot · 1 parking

House · Single Family · built 2025 · 17 days on market

Listed by Mike Yu, Latitude Realty Inc.

Realtor's description

Welcome to this brand-new front 1/2 duplex in the highly sought-after Renfrew Heights neighborhood! This beautifully crafted 3-level home offers 3 bedrooms, 3.5 bathrooms, and a legal suite with a separate entrance, plus convenient interior access-ideal for extended family, guests, or a mortgage helper. Enjoy the confidence of New Home Warranty 2-5-10. Nestled in a quiet residential setting while offering a central location close to shopping, restaurants, schools, parks, transit, and everyday amenities. A wonderful opportunity to own a modern home in one of Vancouver´s established communities. Book your private showing today!

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 4
Living area: 1,378 sq ft
Lot: 3,960 sq ft
Parking: 1
Year built: 2025
Property tax: $6,626 / yr
Days on market: 17
MLS®: R3167728

Features

Central location
All

Price check

Typical for the area (+0.2%)

2026 assessment: $2,340,000 · asking is -40%
Price per sq ft: $1,015 vs $1,012 median for houses in Vancouver for sale (1669)

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 17 days · no price changes so far

The market here

Listed now: 57 days; median for 1679 houses for sale; this one 17 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,340,000	$7,869

The listing shows $6,626 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

$6,643/mo

Mortgage $6,091 · Tax $552

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

estimated payment

$6,091/ monthly

loan $1,118,400

25-year amortization

down payment20% · $279,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 8, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $708,886
property transfer tax: $25,960; BC general rate
cash to close: $305,560; down + PTT
total paid: $1,827,286

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: $1,704/mo
Your cost after the suite: $5,250/mo; vs $6,818 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $6,091 · tax $552 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) in Mount Pleasant/Renfrew Heights, 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: 368 m² (3,961 sq ft). 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 Renfrew Elementaryhomes in this catchment
200 m away · 3315 22nd Ave E, Vancouver · 604-713-4851
Secondary Windermere Secondaryhomes in this catchment
600 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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