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$1,948,000

396 E 49TH AVENUE

Vancouver · MLS® R3072762

11 bed · 5 bath · 2,603 sq ft · 4,347 sq ft lot · 3 parking

House · Single Family · built 1996 · 305 days on market

Listed by Amy Liu, Royal Pacific Realty (Kingsway) Ltd.

Realtor's description

WOW !!! Great Investment Chance. MONEY PRINTING MACHINE! 5 - STAR Location near WEST END Vancouver! HUGE CASH FLOW of Per Month Rental Income can cover the Entire house mortgage. The entire house has been fully renovated, including a New Roof, Double windows, Doors and more. Long-term holding, with possible huge potential value-added space with Neighbours in the future. Walking Distance to Langara College, Shopping Mall, Banks, Restaurants, Park, Community Center, Canada Line, Bus #8, #3, #49 and All Your Daily Needs. Let the tenants pay off your Mortgage and let the Land Create the Wealth !!! PLEASE HURRY UP, AND THERE IS NO SECOND CHANCE IN YOUR ENTIRE LIFETIME !!!

Property details

Type: House, Single Family
Bedrooms: 11
Bathrooms: 5
Living area: 2,603 sq ft
Lot: 4,347 sq ft
Parking: 3
Year built: 1996
Property tax: $9,859 / yr
Strata rules: Adult Oriented
Days on market: 305
MLS®: R3072762

Features

Central location
Adult Oriented
All
Dishwasher
Stove

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-26%)

2026 assessment: $1,959,000 · asking is -0.6%
Price per sq ft: $748 vs $1,012 median for houses in Vancouver for sale (1712)

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 305 days · no price changes so far

The market here

Listed now: 55 days; median for 1822 houses for sale; this one 305 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,959,000	$6,587

The listing shows $9,859 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

$9,309/mo

Mortgage $8,487 · Tax $822

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

estimated payment

$8,487/ monthly

loan $1,558,400

25-year amortization

down payment20% · $389,60020%+ 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: $987,775
property transfer tax: $36,960; BC general rate
cash to close: $426,560; down + PTT
total paid: $2,546,175

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: 396 m² (4,263 sq ft) · PID 018-531-636. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Henderson Elementaryhomes in this catchment
400 m away · 451 53rd Ave E, Vancouver · 604-713-4837
Secondary John Oliver Secondaryhomes in this catchment
800 m away · 530 41st Ave E, Vancouver · 604-713-8938

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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