Prime investment and development opportunity! Located directly across from Oak Park and steps away from the brand-new, under-construction Marpole Community Centre, this fully renovated 6-bedroom, 3-bathroom home offers strong rental income and future potential. Sitting on a 4,277 sq ft lot, the home was extensively updated in 2023 with modern finishes and a functional layout perfect for multi-family living. Currently rented for $5,000/month, making it ideal for investors or developers looking to hold and build. Roof updated in 2017. Rare chance to own a turnkey property in a rapidly growing neighborhood with major amenities and transit nearby.
Property details
6
Beds
3 full
Baths
2,194 ft²
Floor area
4,277 ft²
Lot size
1931
Year built
2
Storeys
1
Parking
$9,782/yr
Gross tax
Location & structure
Single Family Residence
Type
Full
Basement
Yes
Garage
No
Carport
1
Fireplace
Vancouver West
Area
Marpole
Sub-area
Basement
Full
Structure
Residential Detached
Property highlights
Golf course
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Forced Air, Natural Gas
Parking
Garage Single, Lane Access, Rear Access
Lot
Central Location, Near Golf Course, Recreation Nearby
Community
Shopping Nearby
Additional details
Levels
Two
Main floor (ground)
881 ft²
Tax year
2025
Listed by Dracco Pacific Realty. Data from BCRES. Last updated Jul 7, 2026, 9:07 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 $359,800 down (20%) on $1,799,000, 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 · 883 listings
Condo / Apartment
363
41.1%
Detached
296
33.5%
Townhouse
157
17.8%
Duplex
26
2.9%
Half-duplex
23
2.6%
Other
18
2.0%
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 · 300 dwellings
Single-detached130 · 43.3%
Row house70 · 23.3%
Low-rise apartment55 · 18.3%
Apartment in duplex45 · 15.0%
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 #59153266· Vancouver· Transit 80/100 (1004m to rapid)· 0.24 km²
Median rent here
$1,650
Owner shelter cost
$1,680
Renters
16.9%
30%+ on shelter
41.4%
Population (2021)
836
Median age
41.2
Avg household size
2.8
Avg household income
$128,000
Renters
16.9%
Owners
81.4%
Immigrants
61.0%
Post-secondary
57.8%
Avg home value
$1,960,000
Single status
30.7%
Not in labour force
53.9%
Households with kids
45.0%
Median rent
$1,650
Owner shelter cost
$1,680
30%+ on shelter
41.4%
Breakdown
Under $5,000
15
4.8%
$5,000 to $9,999
5
1.6%
$10,000 to $14,999
5
1.6%
$15,000 to $19,999
10
3.2%
$20,000 to $24,999
15
4.8%
$25,000 to $29,999
20
6.5%
$30,000 to $34,999
10
3.2%
$35,000 to $39,999
10
3.2%
$40,000 to $44,999
10
3.2%
$45,000 to $49,999
15
4.8%
$50,000 to $59,999
20
6.5%
$60,000 to $69,999
25
8.1%
$70,000 to $79,999
5
1.6%
$80,000 to $89,999
20
6.5%
$90,000 to $99,999
15
4.8%
$100,000 to $124,999
25
8.1%
$125,000 to $149,999
25
8.1%
$150,000 to $199,999
25
8.1%
$200,000 and over
35
11.3%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59153266).
Market story
Rent in Vancouver
Census 2021 avg $1,650/mo here · Vancouver 4BR 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
