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$4,980,000

4468 W 1st Avenue

Vancouver · MLS® R3121507

4 bed · 4 bath · 4,017 sq ft · 5,600 sq ft lot · 2 parking

House · Single Family · built 2005 · 155 days on market

Listed by Shirley B Sun, RE/MAX Masters Realty

Realtor's description

This architecturally customized luxury home was completely rebuilt in 2005. It is situated in the best location within minutes of Spanish Banks Beach in the prestigious area of Point Grey. Sunlight fills this stunning & unique home via expansive skylights. Features include soaring vaulted ceilings, expanses of glass, rich cherry-wood floors, painted cabinets, chef's Lonetree professional-grade kitchen that opens to a large covered dining deck plumbed for outdoor kitchen, garden party, family room with fireplace and large open den area ideal for artist's studio or office. Bedrooms include the spacious master suite with vaulted ceiling, spa-style ensuite bathroom, walk-in closet & French doors to mountain view deck. Garden-level self-contained suite and more. Enjoy this unique Lifestyle Living. Do not miss it.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 4
Living area: 4,017 sq ft
Lot: 5,600 sq ft
Parking: 2
Year built: 2005
Property tax: $21,891 / yr
Days on market: 155
MLS®: R3121507

Features

Central location
All
Central Vacuum
Intercom
Oven - Built-In

Price check

Above typical for the area (+23%)

2026 assessment: $4,244,000 · asking is +17%
Price per sq ft: $1,240 vs $1,011 median for houses in Vancouver for sale (1733)

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 155 days · no price changes so far

The market here

Listed now: 54 days; median for 1846 houses for sale; this one 155 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$4,244,000	$14,271

The listing shows $21,891 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

$23,522/mo

Mortgage $21,697 · Tax $1,824

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

estimated payment

$21,697/ monthly

loan $3,984,000

25-year amortization

down payment20% · $996,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 10, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $2,525,215
property transfer tax: $167,000; BC general rate
cash to close: $1,163,000; down + PTT
total paid: $6,509,215

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: $21,935/mo; vs $23,697 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $21,697 · tax $1,824 · 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: 670 m² (7,212 sq ft) · PID 007-509-383. 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
400 m away · 2000 Trimble St, Vancouver · 604-713-5464
Secondary Byng Secondaryhomes in this catchment
1.9 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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