$4,300,000

857 E 8TH AVENUE

Vancouver · MLS® R2879911

5 bed · 5 bath · 3,020 sq ft · 4,026 sq ft lot · 4 parking

House · Single Family · built 1905 · 884 days on market

Listed by Glenn Warren, RE/MAX City Realty

Realtor's description

Broadway Corridor land assembly potential: If the other four neighbors participate, the estimated size of the assembly could be 132'x122'(16,104 sf). This parcel is a legal non-conforming 5-plex with 6 electric meters sitting on a 33 x 122 lot. The gross rental is $7850/mo, and the net rental is $6445/mo. The building was substantially renovated in 2009 with new kitchens, bathrooms, electrical panels, electric heat, windows, doors, and roofing.

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 5
Living area: 3,020 sq ft
Lot: 4,026 sq ft
Parking: 4
Year built: 1905
Property tax: $6,342 / yr
Days on market: 884
MLS®: R2879911

Features

Central location
All

Price check

2026 assessment: $1,913,000 · asking is +125%
Price per sq ft: $1,424 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 884 days · no price changes so far

The market here

Listed now: 56 days; median for 1813 houses for sale; this one 884 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,913,000	$6,433

The listing shows $6,342 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

$19,263/mo

Mortgage $18,735 · Tax $529

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

estimated payment

$18,735/ monthly

loan $3,440,000

25-year amortization

down payment20% · $860,00020%+ 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: $2,180,406
property transfer tax: $133,000; BC general rate
cash to close: $993,000; down + PTT
total paid: $5,620,406

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.

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