887 & 877 W 28TH AVENUE

Vancouver · MLS® C8082098

12,500 sq ft lot

House · Multi-family · built 1928 · 22 days on market

Listed by Milad Karimi, Royal Pacific Realty Corp.

Realtor's description

Side by side lots, two PIDs, offering a combined frontage of 100 ft and depth of 125 ft CORNER lot with lane access. A permit to build 12 units at FSR 1.2 is around the corner. The property is located within a Transit Oriented Area and has the potential to be assembled with the adjacent lot, achieving a total of 31,250 sq. ft. and permitting a mid-rise development with an FSR of up to 3.0. Measurement according to BC assessment.

Property details

Type: House, Multi-family
Lot: 12,500 sq ft
Parking: 0
Year built: 1928
Property tax: $25,000 / yr
Days on market: 22
MLS®: C8082098

Features

Lane

Price check

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 22 days

The market here

Listed now: 56 days; median for 1814 houses for sale; this one 22 days

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

Monthly cost

$32,564/mo

Mortgage $30,481 · Tax $2,083

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

estimated payment

$30,481/ monthly

loan $5,596,800

25-year amortization

down payment20% · $1,399,20020%+ 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: $3,547,470
property transfer tax: $267,800; BC general rate
cash to close: $1,667,000; down + PTT
total paid: $9,144,270

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

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Location

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Schools

Catchment schools, Vancouver School Board

Elementary Carr Elementaryhomes in this catchment
400 m away · 4070 Oak St, Vancouver · 604-713-4941
Secondary Eric Hamber Secondaryhomes in this catchment
700 m away · 960 W. 33rd Avenue, Vancouver · 604-713-8927

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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