This property has been in the same family for almost a century and has many many stories to tell. On a lovely treelined street the 7762 square foot lot has a south facing back yard with lane access. The options for redevelopment are many, a large custom built single family home , duplex or multiplex. The location is one of the best in this lovely Sunset neighbourhood across the street from Pierre Elliott Trudeau elementary, a block from George Park and just a short walk to Sunset Community Centre. 428 West 62nd is ready for it's next family and a new chapter! https://listings.ishot.ca/videos/019f4305-334b-70ca-a50f-3fa48a2aced5
Property details
3
Beds
1 full
Baths
1,032 ft²
Floor area
7,761 ft²
Lot size
1935
Year built
2
Storeys
2
Parking
$9,312/yr
Gross tax
Location & structure
Single Family Residence
Type
None
Basement
No
Carport
Vancouver East
Area
South Vancouver
Sub-area
Basement
None
Structure
Residential Detached
Features & inclusions
Heating
Other
Parking
Additional Parking, Front Access, Lane Access
Additional details
Levels
Two
Main floor (ground)
840 ft²
Tax year
2025
Listed by Engel & Volkers Vancouver. Data from BCRES. Last updated Jul 9, 2026, 12:09 PM.
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $576,000 down (20%) on $2,880,000, 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.
Inventory mix
What this area trades in
Within 3 km of this listing · 779 listings
Detached
323
41.5%
Condo / Apartment
218
28.0%
Townhouse
126
16.2%
Duplex
61
7.8%
Half-duplex
37
4.7%
Other
14
1.8%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Vancouver · 210 dwellings
Apartment in duplex140 · 66.7%
Single-detached55 · 26.2%
Low-rise apartment10 · 4.8%
Semi-detached5 · 2.4%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59153093· Vancouver· Transit 69/100 (1536m to rapid)· 0.10 km²
Median rent here
$1,200
Owner shelter cost
$2,340
Renters
34.1%
30%+ on shelter
23.8%
Population (2021)
659
Median age
38.4
Avg household size
3.2
Avg household income
$112,000
Renters
34.1%
Owners
63.4%
Immigrants
48.9%
Post-secondary
51.3%
Avg home value
$1,800,000
Single status
37.9%
Not in labour force
31.6%
Households with kids
33.3%
Median rent
$1,200
Owner shelter cost
$2,340
30%+ on shelter
23.8%
Breakdown
$20,000 to $24,999
10
5.0%
$25,000 to $29,999
10
5.0%
$30,000 to $34,999
10
5.0%
$35,000 to $39,999
10
5.0%
$40,000 to $44,999
15
7.5%
$45,000 to $49,999
10
5.0%
$50,000 to $59,999
10
5.0%
$60,000 to $69,999
5
2.5%
$70,000 to $79,999
5
2.5%
$80,000 to $89,999
10
5.0%
$90,000 to $99,999
5
2.5%
$100,000 to $124,999
20
10.0%
$125,000 to $149,999
20
10.0%
$150,000 to $199,999
30
15.0%
$200,000 and over
30
15.0%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59153093).
Market story
Rent in Vancouver
Census 2021 avg $1,200/mo here · Vancouver 3BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
