Rare SIDE-BY-SIDE RT-10 DEVELOPMENT PROPERTIES. Neighbouring property at 4412 Perry Street is also for sale. Together, the properties offer a combined 62.8' frontage with total site of ~7,673 sqft. Ideally positioned on a quiet, tree-lined street with laneway access in the sought-after Kensington-Cedar Cottage neighbourhood, just steps to Victoria Drive and Kingsway, with easy access to Nanaimo SkyTrain Station, Trout Lake, Kensington Community Centre, parks, shopping, restaurants, and everyday amenities. Walk score 92. No oil tank. Property sold "as is, where is." Please do not walk the property.
Property details
3
Beds
2 full
Baths
2,139 ft²
Floor area
3,836 ft²
Lot size
1962
Year built
1
Parking
$7,666/yr
Gross tax
Location & structure
Single Family
Type
Partially finished
Basement
Yes
Garage
Yes
Carport
2 Level
Style
Listed
June 24, 2026
Style
2 Level
Basement
Partially finished
Structure
House
Frontage
31.4 feet
PID
013-784-561
Features & inclusions
Heating
Electric
Parking
Garage, Carport
Lot
Central location
Additional details
Common interest
Freehold
Tax year
2025
Listed by Engel & Volkers Vancouver. Last updated Jun 24, 2026, 2:10 PM.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and 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 $276,000 down (20%) on $1,380,000, 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 · 948 listings
Detached
411
43.4%
Condo / Apartment
227
23.9%
Duplex
113
11.9%
Townhouse
90
9.5%
Half-duplex
79
8.3%
Other
28
3.0%
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 · 170 dwellings
Apartment in duplex90 · 52.9%
Low-rise apartment30 · 17.6%
Single-detached25 · 14.7%
Semi-detached25 · 14.7%
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 #59150409· Vancouver· Transit 79/100 (1056m to rapid)· 0.06 km²
Median rent here
$1,360
Owner shelter cost
$1,160
Renters
31.4%
30%+ on shelter
30.6%
Population (2021)
480
Median age
36.0
Avg household size
2.8
Avg household income
$127,000
Renters
31.4%
Owners
71.4%
Immigrants
46.8%
Post-secondary
50.5%
Avg home value
$1,560,000
Single status
39.8%
Not in labour force
29.9%
Households with kids
35.3%
Median rent
$1,360
Owner shelter cost
$1,160
30%+ on shelter
30.6%
Breakdown
$20,000 to $24,999
5
3.1%
$25,000 to $29,999
5
3.1%
$30,000 to $34,999
5
3.1%
$35,000 to $39,999
5
3.1%
$40,000 to $44,999
10
6.3%
$45,000 to $49,999
5
3.1%
$50,000 to $59,999
10
6.3%
$60,000 to $69,999
15
9.4%
$70,000 to $79,999
10
6.3%
$80,000 to $89,999
10
6.3%
$90,000 to $99,999
5
3.1%
$100,000 to $124,999
20
12.5%
$125,000 to $149,999
15
9.4%
$150,000 to $199,999
20
12.5%
$200,000 and over
20
12.5%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59150409).
Market story
Rent in Vancouver
Census 2021 avg $1,360/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
$645/sqft vs sub-area asking median $328/sqft (96.8% above, 50 nearby listings).
On a 7 to 10 year hold, the entry price relative to nearby listings sets the floor for appreciation. This listing is 96.8% above the median asking price nearby today.
Weak value signals·15/100
Weak value signals, score 14.7 of 100Based on 5 of 9 signals · score likely 0 to 39
No HPI coveragePartial carrying cost
Price comparisons use asking prices from nearby active and recently removed listings. Sold prices are not available through public listing feeds.
Scores weight nine signals across price, market, carrying cost, and location data. Sources: BCRES listing feed, GVR MLS® HPI, TransLink, BC Geographic Warehouse, Vancouver Open Data, Statistics Canada (2021 Census). One input among many, not advice.
