Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED

1198 MATTHEWS AVENUE

Vancouver, BC V6H1W4

$14,260,000

5 bed6 bath0 parking9,092 sqftBuilt 2024
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Open House

Saturday, September 5

2:00 PM4:00 PM

Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
123 square feet
Frontage
0 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$75,435.85 (2026)

Interior

Basement
Finished, Unknown, Unknown
Heating
Heat Pump, Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
None
Appliances
All, Central Vacuum

Building

Security
Smoke Detectors, Sprinkler System-Fire
Parcel ID (PID)
011-531-827

Parking

Total spaces
0 — covered indicated
Features
Garage

Listing Information

MLS®
R3158567
Listed
August 25, 2026
Time on market
On the market for 6 days
Tax assessment year
2026
Data last synced
September 1, 2026

Listing provided by: Multiple Realty Ltd. · Data source: CREA DDF.

Description

A truly exceptional estate in First Shaughnessy, showcasing timeless elegance, sophisticated architecture, and impeccable craftsmanship. Set on an expansive 15,000 sq. ft. lot, this magnificent residence offers nearly 10,000 sq. ft. of refined living space, creating an unparalleled lifestyle of luxury, privacy, and comfort. Corner lot. Quiet and Private. High-end custom home. Situated in one of Vancouver's most prestigious and coveted neighborhoods. (id:63159)

Values & Trends

This listing

$1,568/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/sqft

1216 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Detached (House) Market Stats — Vancouver

Monthly figures from the Fraser Valley Real Estate Board for Vancouver detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$2,303,200

Jul 2026

Average Sale Price

$2,623,974

Jul 2026

Monthly Sales

131

Jul 2026

Active Listings

1,316

Jul 2026

Sales-to-Active Ratio

10.0%

Jul 2026

Median Days to Contract

27 days

Jul 2026

MLS® HPI Benchmark Price

$2,657,400
$2,280,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

41

7/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
L'Ecole Bilingue ElementaryElementary519 m
Emily Carr ElementaryElementary624 m
Westside Montessori School(Independent)Elementary652 m
Vancouver Talmud Torah Elementary(Independent)Elementary791 m
York House School(Independent)K-12834 m
Little Flower Academy(Independent)Elementary949 m
Shaughnessy ElementaryElementary1.0 km
Blessed Sacrament School(Independent)Elementary1.1 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Southbound Oak St @ Douglas Cres340 m
Northbound Oak St @ W 20 Ave356 m
Northbound Oak St @ W 22 Ave405 m
Southbound Oak St @ Balfour Ave422 m
Eastbound W 16 Ave @ Oak St477 m

Nearby Places

Restaurants (5+)

  • Sun Garden Chinese · 3832 Oak Street436 m
  • Sabra Kosher Bakery & Restaurant · 3844 Oak Street445 m
  • De Dutch · 3192 Oak Street540 m
  • Joon's Kitchen590 m
  • Sushi Umi · 3121 Granville Street667 m

Cafes (5+)

  • cowdog · 3720 Oak Street384 m
  • Pallet Coffee Roasters · 3820 Oak Street429 m
  • Comma Cafe · 3208 Oak Street515 m
  • Starbucks · 990 West King Edward Avenue707 m
  • Bean Around The World · 2977 Granville Street778 m

Grocery (3)

  • Sunshine Market · 3135 Oak Street534 m
  • Safeway · 990 West King Edward Avenue721 m
  • Meinhardt · 3002 Granville Street721 m

Parks (2)

  • Shaughnessy Park302 m
  • Douglas Park719 m

Shopping (1)

  • King Edward Mall722 m

Pharmacies (2)

  • Pharmasave · 1025 West 15th Avenue574 m
  • Safeway · 990 West King Edward Avenue736 m

Banks & ATMs (4)

  • RBC Royal Bank · 3935 Oak Street484 m
  • Prospera Credit Union · 3088 Granville Street668 m
  • TD · 900 West King Edward Avenue753 m
  • CIBC · 2904 Granville Street799 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($2,852,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$11,408,000.00
Periodic payment — Principal & Interest (monthly)$73,600.54
Additional monthly expenses (strata, tax, utilities, etc.)$6,741.32
Total monthly cost$80,341.87
Interest paid over 5-yr term$3,269,565.59
Balance at end of term$10,261,532.90

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$2,852,000
Stress test qualifying rate8.09%
Payment you must qualify for$87,723.53

Cash Needed at Closing

Minimum down payment$2,852,000
Estimated BC PTT$631,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$3,484,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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