4987 Hoy Street
Vancouver · MLS® R3148036
6 bed · 3 bath · 1,912 sq ft · 3,803 sq ft lot · 3 parking
House · Single Family · built 1964 · 83 days on market
Listed by Robert Almeida, RE/MAX Crest Realty
Realtor's description
Transit, income, and future potential all come together in this prime Collingwood opportunity! Just steps from Joyce-Collingwood SkyTrain, this spacious t-level home features three bedroom upstairs, a bright living area, hardwood floors, and a cozy fireplace. Downstairs generates an impressive $3,250 per month in rental income and is currently rented month-to-month, offering flexibility for investors and families alike. Enjoy a covered sundeck. fenced backyard, and abundant street parking, all while being minutes from schools, shopping, restaurants, and major routes via Boundary Road. With duplex development opportunities and more, this is your chance to secure a property in one of Vancouver's most connected and rapidly growing neighbourhoods.
Property details
- Type
- House, Single Family
- Bedrooms
- 6
- Bathrooms
- 3
- Living area
- 1,912 sq ft
- Lot
- 3,803 sq ft
- Parking
- 3
- Year built
- 1964
- Property tax
- $7,931 / yr
- Days on market
- 83
- MLS®
- R3148036
Features
- Refrigerator
- Dishwasher
- Stove
- Washer & Dryer
Floor plans
Found among the listing photos.
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
If you rented it out
- Suite rent
- $1,704/mo
- Your cost after the suite
- $4,841/mo
- vs $6,408 without it
Costs: mortgage $5,572 · tax $661 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) in Mount Pleasant/Renfrew Heights, 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
Schools
Catchment schools, Vancouver School Board
- Elementary Bruce Elementaryhomes in this catchment
300 m away · 3633 Tanner St, Vancouver · 604-713-4778
- Secondary Windermere Secondaryhomes in this catchment
1.2 km away · 3155 27th Ave E, Vancouver · 604-713-8180
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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