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$2,198,000

928 E 31ST AVENUE

Vancouver · MLS® R3174025

5 bed · 2 bath · 2,177 sq ft · 5,219 sq ft lot · 1 parking

House · Single Family · built 1956 · 1 day on market

Listed by Scott Su, Royal Pacific Realty Corp.

Realtor's description

DEVELOPER & INVESTOR ALERT! Prime corner lot opportunity at 928 E 31st Avenue in the highly desirable Kensington-Cedar Cottage/Fraser neighbourhood. This strategically positioned north-south facing corner property offers excellent frontage, exposure, and flexibility for future planning. A rare opportunity to acquire a valuable Vancouver lot with significant long-term potential. Surrounded by established residential neighbourhoods and just minutes from Fraser Street, Main Street, schools, parks, restaurants, shopping, and transit, with convenient access to Downtown Vancouver and Richmond. Ideal for developers, builders, investors, or buyers looking for a strategic land acquisition in one of East Vancouver's sought-after neighbourhoods.

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 2
Living area: 2,177 sq ft
Lot: 5,219 sq ft
Parking: 1
Year built: 1956
Property tax: $9,725 / yr
Days on market: 1
MLS®: R3174025

Price check

Typical for the area (0.0%)

Price per sq ft: $1,010 vs $1,010 median for houses in Vancouver for sale (1747)

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 1 day

The market here

Listed now: 53 days; median for 1860 houses for sale; this one 1 day

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

Monthly cost

$10,387/mo

Mortgage $9,576 · Tax $810

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

estimated payment

$9,576/ monthly

loan $1,758,400

25-year amortization

down payment20% · $439,60020%+ 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: $1,114,543
property transfer tax: $43,940; BC general rate
cash to close: $483,540; down + PTT
total paid: $2,872,943

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: 480 m² (5,167 sq ft) · PID 013-120-522. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary McBride Elementaryhomes in this catchment
500 m away · 1300 29th Ave E, Vancouver · 604-713-4971
Secondary Sir Charles Tupper Secondaryhomes in this catchment
1.0 km away · 419 24th Ave E, Vancouver · 604-713-8233

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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