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$3,988,000

4396 LOCARNO CRESCENT

Vancouver · MLS® R3157262

4 bed · 3 bath · 3,097 sq ft · 5,500 sq ft lot · 2 parking

House · Single Family · built 1930 · 51 days on market

Listed by Layla Yang, Dracco Pacific Realty

Realtor's description

An amazing opportunity to own a home in the highly sought-after Point Grey neighbourhood. This property offers a peaceful setting, beautiful water and mountain views, and an excellent opportunity to create a brand-new home tailored to your vision. Enjoy an exceptional West Point Grey lifestyle, just a short walk to Jericho Sailing Centre and Locarno Beach, with parks, beaches and recreational activities right at your doorstep. Families will appreciate the convenient location, just steps from Queen Mary Elementary and West Point Grey Academy. Everyday amenities are also within easy reach, with shops, cafes and restaurants along W. 4th Avenue and W. 10th Avenue. This is a rare opportunity to build your dream home!

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 3,097 sq ft
Lot: 5,500 sq ft
Parking: 2
Year built: 1930
Property tax: $17,268 / yr
Days on market: 51
MLS®: R3157262

Features

Central location
All

Price check

Above typical for the area (+27%)

2026 assessment: $3,858,000 · asking is +3.4%
Price per sq ft: $1,288 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 51 days · no price changes so far

The market here

Listed now: 55 days; median for 1822 houses for sale; this one 51 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$3,858,000	$12,973

The listing shows $17,268 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

$18,814/mo

Mortgage $17,375 · Tax $1,439

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

estimated payment

$17,375/ monthly

loan $3,190,400

25-year amortization

down payment20% · $797,60020%+ 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: $2,022,200
property transfer tax: $117,400; BC general rate
cash to close: $915,000; down + PTT
total paid: $5,212,600

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: 516 m² (5,554 sq ft) · PID 003-183-611. 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 Queen Mary Elementaryhomes in this catchment
200 m away · 2000 Trimble St, Vancouver · 604-713-5464
Secondary Byng Secondaryhomes in this catchment
1.6 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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