Property Type: Detached HouseOwnership: Freehold

123 E 45TH AVENUE

Vancouver, BC V5W1W8

$3,188,000

7 bed4 bath4 parking3,507 sqftBuilt 1992
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Property Details

Property & Lot

Sub-type
House
Lot size
5,856 square feet
Frontage
48 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$13,143.2 (2025)

Interior

Basement
Full, Separate entrance, Unknown
Heating
Baseboard heaters, Radiant heat, Hot Water
Fireplace
Yes (1)

Parking

Total spaces
4 — covered indicated
Features
Detached Garage

Listing Information

MLS®
R3122362
Listed
May 12, 2026
Time on market
On the market for 112 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal Pacific Realty (Kingsway) Ltd. · Data source: CREA DDF.

Description

Exceptional opportunity in the heart of South Vancouver! This beautifully maintained home offers timeless charm, functional living spaces, and a legal, authorized 2-bedroom suite-an excellent mortgage helper. Thoughtfully updated in 2026 with fresh interior and exterior paint, stainless steel kitchen appliances (wall oven, dishwasher, range hood), new kitchen countertop, cooktop, laundry washer, replacement of 20+ exterior fence panels, plus a professionally cleaned and well-maintained roof and gutters. Ideally located on a desirable street close to parks, schools, shopping, and transit, with easy access to Richmond, Downtown Vancouver, and major routes. A rare opportunity for families, investors, or builders to own in one of South Vancouver's most sought-after neighbourhoods! (id:63159)

Values & Trends

This listing

$909/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/sqft

1216 active listing(s)

Parking: 4 stall(s) includedStorage 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

48

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
Sir Wm Van Horne ElementaryElementary359 m
St Andrew's(Independent)Elementary604 m
John Oliver SecondarySecondary813 m
John Henderson ElementaryElementary975 m
Dr Annie B Jamieson ElementaryElementary1.3 km
General Brock ElementaryElementary1.3 km
Sir Alexander Mackenzie ElementaryElementary1.3 km
J.W. Sexsmith Community ElementaryElementary1.4 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 Main St @ E 43 Ave157 m
Northbound Main St @ E 46 Ave172 m
Southbound Main St @ E 46 Ave208 m
Northbound Main St @ E 43 Ave241 m
Southbound Main St @ E 41 Ave358 m

Nearby Places

Restaurants (4)

  • Main Kabab Hut · 215 East 49th Avenue463 m
  • Freshii · 6541 Main Street506 m
  • Dhamaka Indian Restaurant · 6560 Main Street527 m
  • Himalaya Restaurant · 6587 Main Street549 m

Cafes (3)

  • Tim Hortons · 6507 Main Street473 m
  • Roots Café484 m
  • Feast & Fallow · 305 West 41st Avenue795 m

Grocery (3)

  • Persia Foods · 6437 Main Street394 m
  • Punjab Food Center · 6635 Main Street599 m
  • Bangla Bazar · 6657 Main Street619 m

Parks (2)

  • MacDonald Park350 m
  • Columbia Park679 m

Gyms (2)

  • Sunset Fitness Centre773 m
  • Axé Capoeira- Sunset CC · 6810 Main Street778 m

Pharmacies (1)

  • Naz's Pharmacy · 6410 Main Street379 m

Banks & ATMs (2)

  • Bitcoin ATM Localcoin · 6411 Main Street367 m
  • RBC Royal Bank · 6509 Main Street485 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($637,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,550,400.00
Periodic payment — Principal & Interest (monthly)$16,454.32
Additional monthly expenses (strata, tax, utilities, etc.)$1,270.27
Total monthly cost$17,724.58
Interest paid over 5-yr term$730,951.97
Balance at end of term$2,294,093.05

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$637,600
Stress test qualifying rate8.09%
Payment you must qualify for$19,611.68

Cash Needed at Closing

Minimum down payment$637,600
Estimated BC PTT$77,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$716,500

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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