About this home

Exceptional opportunity to own a spacious 3,285 sq.ft. family home offering incredible flexibility and income potential. Situated on a 42 x 122 ft lot, this property features 9 bedrooms and 5 bathrooms, making it ideal for large or multi-generational families, investors, or those looking to offset their mortgage with rental income. The home has two self-contained suites, with the potential of having four suites total, and a private backyard. Conveniently located close to schools, parks, shopping, transit, and everyday amenities, this is a property that combines size, versatility, and long-term value in one package. 10-minutes to Richmond, 5-minutes to Marine Gateway Canada Line and 15-minutes to downtown Vancouver. A Must see!

Property details

9

Beds

5 full

Baths

3,285 ft²

Floor area

5,124 ft²

Lot size

1944

Year built

2

Storeys

2

Parking

$9,672/yr

Gross tax

Location & structure

Single Family Residence

Type

Finished

Basement

Yes

Garage

No

Carport

Vancouver East

Area

South Vancouver

Sub-area

Basement

Finished

Structure

Residential Detached

Property highlights

Private yard

Golf course

Features & inclusions

Appliances

Washer/Dryer, Dishwasher, Refrigerator, Stove

Heating

Mixed

Parking

Garage Single, Open, Lane Access

Lot

Central Location, Near Golf Course, Recreation Nearby

Community

Shopping Nearby

Additional details

Levels

Two

Main floor (ground)

1,088 ft²

Tax year

2025

Nearby & Commute

8 min

walk to Garden Fresh Food & Grocery

7 min

bike to 54th Avenue Loop

22 min

walk to 54th Avenue Loop

17 min

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 44%

Documents and due diligence

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Property disclosure statement

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Title search

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Inspection reports

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Building and renovation permits

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Survey or site plan

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Financial overview

A clearer view of the monthly and upfront costs connected to this home.

Monthly ownership costs

Estimated monthly total

Calculated estimate

$11,123

Principal and interest

Calculated estimate

$10,167

Property tax

Listing data

$806/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$2,198,000

Down payment

Calculated estimate

$439,600 (20%)

Estimated mortgage

Calculated estimate

$1,758,400

Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.

Mortgage estimate

Tax from listing

Est. monthly total

$11,123

/mo

Rate

%

Amortization

Principal and interest

$10,167

Property tax

$806

P&I

Tax

Down payment

$439,600 (20%)

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Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $439,600 down (20%) on $2,198,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.

Detached	339	43.8%
Condo / Apartment	228	29.5%
Duplex	75	9.7%
Townhouse	69	8.9%
Half-duplex	47	6.1%
Other	16	2.1%

$20,000 to $24,999	15	6.1%
$25,000 to $29,999	10	4.1%
$30,000 to $34,999	15	6.1%
$35,000 to $39,999	15	6.1%
$40,000 to $44,999	10	4.1%
$45,000 to $49,999	15	6.1%
$50,000 to $59,999	20	8.2%
$60,000 to $69,999	10	4.1%
$70,000 to $79,999	15	6.1%
$80,000 to $89,999	15	6.1%
$90,000 to $99,999	25	10.2%
$100,000 to $124,999	20	8.2%
$125,000 to $149,999	20	8.2%
$150,000 to $199,999	15	6.1%
$200,000 and over	25	10.2%

Detached	339	43.8%
Condo / Apartment	228	29.5%
Duplex	75	9.7%
Townhouse	69	8.9%
Half-duplex	47	6.1%
Other	16	2.1%

$20,000 to $24,999	15	6.1%
$25,000 to $29,999	10	4.1%
$30,000 to $34,999	15	6.1%
$35,000 to $39,999	15	6.1%
$40,000 to $44,999	10	4.1%
$45,000 to $49,999	15	6.1%
$50,000 to $59,999	20	8.2%
$60,000 to $69,999	10	4.1%
$70,000 to $79,999	15	6.1%
$80,000 to $89,999	15	6.1%
$90,000 to $99,999	25	10.2%
$100,000 to $124,999	20	8.2%
$125,000 to $149,999	20	8.2%
$150,000 to $199,999	15	6.1%
$200,000 and over	25	10.2%

1038 E 51st Avenue

1038 E 51st Avenue

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