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$1,098,000

7711 GRANVILLE STREET

Vancouver · MLS® R3125936

3 bed · 3 bath · 1,213 sq ft · 1 parking

Townhouse · Single Family · built 2023 · 140 days on market

Listed by Gary Geng, eXp Realty

3- bedroom townhouse in Lusa Village! located in South Granville neighborhood. Nicely built in 2023, 2 levels, 1213 sft floor area, 3 full bathrooms, Air conditioning, Wood flooring, luxurious and contemporary interior design, The kitchen features top-of-the-line Miele appliances seamlessly integrated with custom millwork. The main floor offers one spacious and bright bedroom. 2 bedrooms & 2 bathrooms upstairs. Close to schools, shopping and public translink. It is a great unit for a first home buyer! Open House Oct.4, Sunday 2-4 pm.

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 1,213 sq ft
Parking: 1
Year built: 2023
Property tax: $5,436 / yr
Strata fee: $665 / mo ($0.55 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 140
MLS®: R3125936

Below typical for the area (-12%)

Price per sq ft: $905 vs $1,027 median for townhouses in Vancouver for sale (479)

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.

Central location
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

On market 140 days

Listed now: 44 days; median for 480 townhouses for sale; this one 140 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Vancouver School Board

Elementary McKechnie Elementaryhomes in this catchment
1000 m away · 7455 Maple St, Vancouver · 604-713-4952
Secondary Magee Secondaryhomes in this catchment
1.6 km away · 6360 Maple St, Vancouver · 604-713-8200

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.

$5,902/mo

Mortgage $4,784 · Tax $453 · Strata $665

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

estimated payment

$4,784/ monthly

loan $878,400

25-year amortization

down payment20% · $219,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $556,764
property transfer tax: $19,960; BC general rate
cash to close: $239,560; down + PTT
total paid: $1,435,164

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.

Rent: $1,895/mo
After all costs: −$4,333/mo
Cap rate: 0.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,784 · tax $453 · strata $665 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Marpole, 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

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