Property Type: Detached HouseOwnership: FreeholdNEW LISTING

1243 W 7TH AVENUE

Vancouver, BC V6H1B7

$2,688,000

3 bed3 bath2 parking3,107 sqftBuilt 1912
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Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
2,750 square feet
Frontage
25 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,528.75 (2026)

Interior

Basement
Finished, Separate entrance, Unknown
Heating
Forced air
Fireplace
None

Building

Parcel ID (PID)
015-217-507

Parking

Total spaces
2 — uncovered indicated
Features
Other

Listing Information

MLS®
R3159350
Listed
August 27, 2026
Time on market
On the market for 4 days
Tax assessment year
2026
Data last synced
August 31, 2026

Listing provided by: Babych Group Realty Vancouver Ltd. · Data source: CREA DDF.

Description

Welcome to a truly distinctive 1907 character home in the heart of Fairview. Set on a 25' x 110' lot, this rare detached property offers something increasingly difficult to find in such a central Vancouver location: privacy, character and a sense of escape, all just minutes from downtown. Thoughtfully influenced by Japanese design, the home features warm woodwork, custom millwork, & distinctive architectural details, with sweeping downtown & North Shore mountain views. The lower level is configured as office space & rented, providing immediate income, while R3-3 zoning adds versatility, with permitted service-oriented uses & significant long-term potential. A rare opportunity to own a piece of Vancouver history & enjoy a peaceful retreat in one of the city's most connected neighbourhoods. (id:63159)

Values & Trends

This listing

$865/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/sqft

1216 active listing(s)

Parking: 2 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

17°C

Clear

Humidity 100%

Wind WNW 13 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

59

8/9 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
False Creek ElementaryElementary450 m
Vancouver Alternate SchoolSecondary625 m
Canada Royal Arts High School(Independent)Secondary644 m
L'Ecole Bilingue ElementaryElementary802 m
Elsie Roy ElementaryElementary1.0 km
Blessed Sacrament School(Independent)Elementary1.2 km
Lord Tennyson ElementaryElementary1.3 km
Anchor Point Montessori(Independent)Elementary1.3 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
Westbound W 6th Ave @ Alder Crossing89 m
Eastbound W 6th Ave @ Alder St124 m
Eastbound Lameys Mill Rd @ Alder Crossing134 m
Westbound Lameys Mill Rd @ Alder Crossing158 m
Westbound W Broadway @ Alder St209 m

Nearby Places

Restaurants (5+)

  • Royal Seoul House · 1215 West Broadway195 m
  • Namiya · 1333 West Broadway244 m
  • Boston Pizza · 1333 West Broadway257 m
  • Tojos · 1133 West Broadway268 m
  • Tamarind Tales · 1128 West Broadway295 m

Cafes (5+)

  • Fufú Café · 1266 West Broadway232 m
  • Anecdote · 1333 West Broadway232 m
  • Marché Mon Pitou · 1387 West 7th Avenue249 m
  • Wicked Cafe · 1399 West 7th Avenue260 m
  • Innocent Coffee · 1340 West 4th Avenue261 m

Grocery (1)

  • Loblaws · 1461 West Broadway422 m

Parks (5+)

  • Choklit Park245 m
  • Ron Basford Park · 1218 Cartwright Street376 m
  • Granville Loop Park416 m
  • Sutcliffe Park444 m
  • Unnamed499 m

Shopping (1)

  • Kids Market · 1496 Cartwright Street606 m

Gyms (5+)

  • GoodLife Fitness · 1401 West 8th Avenue304 m
  • False Creek Community Fitness Centre458 m
  • F45 Training · 980 West Broadway516 m
  • VIP Fitness & Lifestyle · 1541 West Broadway581 m
  • Gymbox · 909 West Broadway588 m

Pharmacies (5+)

  • Shaughnessy Pharmacy · 1265 West Broadway204 m
  • Finlandia Pharmacy and Natural Health Centre · 1111 West Broadway292 m
  • Pharmasave · 990 West Broadway506 m
  • Pharmasave · 2580 Granville Street519 m
  • MacDonald’s Prescriptions · 943 West Broadway546 m

Banks & ATMs (5+)

  • Instacoin ATM342 m
  • Bitcoin ATM Localcoin · 1092 West Broadway352 m
  • RBC Royal Bank · 1465 West Broadway437 m
  • Scotiabank · 999 West Broadway477 m
  • BMO · 2609 Granville Street591 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($537,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,150,400.00
Periodic payment — Principal & Interest (monthly)$13,873.65
Additional monthly expenses (strata, tax, utilities, etc.)$782.40
Total monthly cost$14,656.05
Interest paid over 5-yr term$616,310.82
Balance at end of term$1,934,291.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$537,600
Stress test qualifying rate8.09%
Payment you must qualify for$16,535.82

Cash Needed at Closing

Minimum down payment$537,600
Estimated BC PTT$58,640
Legal / closing costs (typical estimate)$1,500
Total cash needed$597,740

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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