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$2,680,000

3586 W 42ND AVENUE

Vancouver · MLS® R3152624

5 bed · 5 bath · 2,556 sq ft · 6,545 sq ft lot · 1 parking

House · Single Family · built 2024 · 66 days on market

Listed by Richard Wu, Multiple Realty Ltd.

Realtor's description

Welcome to a rare blend of comfort, versatility, and location in the heart of Southlands. This exceptional duplex-style home offers 5 bedrooms, 4.5 bathrooms, and 2,447 sq.ft. of interior living space in one of Vancouver´s most desirable neighbourhoods. Featuring soaring high ceilings on the main and upper floors, the home offers a bright and spacious atmosphere with central A/C, a private yard, and patio perfect for entertaining or relaxing. The basement includes rental suites with separate entrances, offering flexibility for extended family or mortgage assistance. Located within Kerrisdale Elementary and Point Grey Secondary catchments, with easy access to UBC, golf courses, and local amenities. Experience Southlands living at its finest-book your private viewing today!

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 5
Living area: 2,556 sq ft
Lot: 6,545 sq ft
Parking: 1
Year built: 2024
Property tax: $10,115 / yr
Days on market: 66
MLS®: R3152624

Features

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Price check

Typical for the area (+3.8%)

2026 assessment: $2,767,000 · asking is -3.1%
Price per sq ft: $1,049 vs $1,010 median for houses in Vancouver for sale (1747)

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 66 days · no price changes so far

The market here

Listed now: 53 days; median for 1860 houses for sale; this one 66 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,767,000	$9,304

The listing shows $10,115 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

$12,519/mo

Mortgage $11,677 · Tax $843

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

estimated payment

$11,677/ monthly

loan $2,144,000

25-year amortization

down payment20% · $536,00020%+ 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: $1,358,951
property transfer tax: $58,400; BC general rate
cash to close: $594,400; down + PTT
total paid: $3,502,951

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: $1,905/mo
Your cost after the suite: $10,942/mo; vs $12,694 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $11,677 · tax $843 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) in Westside/Kerrisdale, 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: 607 m² (6,534 sq ft) · PID 032-488-530. 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 Kerrisdale Elementaryhomes in this catchment
800 m away · 5555 Carnarvon St, Vancouver · 604-713-5446
Secondary Point Grey Secondaryhomes in this catchment
2.3 km away · 5350 East Blvd, Vancouver · 604-713-8220

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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