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$4,288,000

4333 LOCARNO CRESCENT

Vancouver · MLS® R3162688

5 bed · 5 bath · 3,118 sq ft · 5,200 sq ft lot · 2 parking

House · Single Family · built 1990 · 31 days on market

Listed by Justin Qiao, RE/MAX Crest Realty

Realtor's description

Water views in prestigious Point Grey! Extensively full renovation in 2014, this custom home offers 5 bedrooms up (3 ensuites), a granite-detailed primary suite, and a spectacular roof deck with a wet bar and gas BBQ outlet. The main floor features deep-set windows, custom millwork, and a full function kitchen, while the lower level includes a self-contained suite opening to a garden patio. This is an immaculate home & property. well maintained w/professionally landscaped with irrigation & drainage systems. Lord Byng catchment! Rarely available custom designed home fully renovation in 2015 this special pocket of West Point Grey. A beautiful residential neighbourhood w/easy access to Queen Mary School, WPG Academy, Locarno beach, UBC, Trimble Park, Aberthau & Jericho Beach.

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 5
Living area: 3,118 sq ft
Lot: 5,200 sq ft
Parking: 2
Year built: 1990
Property tax: $20,069 / yr
Days on market: 31
MLS®: R3162688

Features

Price check

2026 assessment: $4,051,000 · asking is +5.9%
Price per sq ft: $1,375 vs $1,012 median for houses in Vancouver for sale (1715)

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 31 days · no price changes so far

The market here

Listed now: 56 days; median for 1825 houses for sale; this one 31 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$4,051,000	$13,622

The listing shows $20,069 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

$20,355/mo

Mortgage $18,682 · Tax $1,672

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

estimated payment

$18,682/ monthly

loan $3,430,400

25-year amortization

down payment20% · $857,60020%+ 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: $2,174,321
property transfer tax: $132,400; BC general rate
cash to close: $990,000; down + PTT
total paid: $5,604,721

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: $18,768/mo; vs $20,530 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $18,682 · tax $1,672 · 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 003-919-668. 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
100 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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