7972 CAMBIE STREET

Vancouver · MLS® R3153230

5 bed · 3 bath · 2,114 sq ft · 7,128 sq ft lot · 2 parking

House · Single Family · built 1986 · 64 days on market

Listed by Emma Ge, Nu Stream Realty Inc.

Realtor's description

Developer and Investor alert!!! 66X108=7128SF corner lot with huge development potentials in the most Dynamic Vancouver West area. (together with 475 W64 listing R3150096). Very convenient location, walk distance to commercial center, shops, banks, restaurants... Multiple development choices: build a single low rise (6 levels current OCP) mix use building, land assembly with neighbors for a mid-rise ( 12 levels) mix use building (400 meter to skytrain station) or hold for future development (current rental income $4350). DON'T MISS THIS RARE INVESTMENT OPPORTUNITY!

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 3
Living area: 2,114 sq ft
Lot: 7,128 sq ft
Parking: 2
Year built: 1986
Property tax: $7,732 / yr
Days on market: 64
MLS®: R3153230

Features

Price check

2026 assessment: $1,572,000 · asking is +88%
Price per sq ft: $1,395 vs $1,009 median for houses in Vancouver for sale (1703)

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 64 days · no price changes so far

The market here

Listed now: 56 days; median for 1813 houses for sale; this one 64 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,572,000	$5,286

The listing shows $7,732 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

$13,497/mo

Mortgage $12,853 · Tax $644

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

estimated payment

$12,853/ monthly

loan $2,360,000

25-year amortization

down payment20% · $590,00020%+ 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: $1,495,860
property transfer tax: $66,500; BC general rate
cash to close: $656,500; down + PTT
total paid: $3,855,860

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: 661 m² (7,115 sq ft) · PID 007-149-239. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Sexsmith Elementaryhomes in this catchment
800 m away · 7410 Columbia St, Vancouver · 604-713-4901
Secondary Sir Winston Churchill Secondaryhomes in this catchment
1.1 km away · 7055 Heather St, Vancouver · 604-713-8189

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.

Good to know

Wildfire
The BC Wildfire Service rates Vancouver's wildland urban interface as risk class 5 of 5 (lowest; 1 is the highest). One wildfire of 10 hectares or more burned within 5 km since 2006: 2018 (13 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

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.

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