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$3,780,000

4327 LOCARNO CRESCENT

Vancouver · MLS® R3163800

4 bed · 3 bath · 3,135 sq ft · 5,200 sq ft lot · 2 parking

House · Single Family · built 1941 · 29 days on market

Listed by Elva Song, RE/MAX Crest Realty

Realtor's description

Point Grey, 4 bdrm, 3 bath home on 5200 sf property features meticulously maintained family home boasting over 3100 sf of traditional floorplan inside, 550 sf of serene mountain & ocean view decks to the north & sunny manicured front yard. Spacious principle rooms on main level w/access to view deck from eat-in kitchen, bedroom & dining room. Upper level is a sunny master suite w/spa like bath, dressing room & deck with breathtaking north views. Fully finished basement with 2 bdrm suite, laundry & workshop . The backyard features covered patio, stunning bloom gardens w/water stream, greenhouse & detached 2 car garage w/laneway access. basement reno in 2024, new flooring on masterbdrm,new fence in 2025. Located in best school district, minutes to UBC & only steps to Spanish Banks beach.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 3,135 sq ft
Lot: 5,200 sq ft
Parking: 2
Year built: 1941
Property tax: $18,686 / yr
Days on market: 29
MLS®: R3163800

Features

Central location
Private setting
All
Refrigerator
Oven - Built-In

Price check

Above typical for the area (+19%)

2026 assessment: $3,894,000 · asking is -2.9%
Price per sq ft: $1,206 vs $1,009 median for houses in Vancouver for sale (1703)

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 29 days · no price changes so far

The market here

Listed now: 56 days; median for 1813 houses for sale; this one 29 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$3,894,000	$13,094

The listing shows $18,686 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

$18,026/mo

Mortgage $16,469 · Tax $1,557

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

estimated payment

$16,469/ monthly

loan $3,024,000

25-year amortization

down payment20% · $756,00020%+ 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: $1,916,729
property transfer tax: $107,000; BC general rate
cash to close: $863,000; down + PTT
total paid: $4,940,729

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: $1,915/mo
Your cost after the suite: $16,439/mo; vs $18,201 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $16,469 · tax $1,557 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) in Kitsilano/Point Grey, 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: 483 m² (5,199 sq ft) · PID 011-025-581. 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 Queen Mary Elementaryhomes in this catchment
200 m away · 2000 Trimble St, Vancouver · 604-713-5464
Secondary Byng Secondaryhomes in this catchment
1.5 km away · 3939 16th Ave W, Vancouver · 604-713-8171

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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