Property Type: Detached HouseOwnership: Freehold

1440 E KING EDWARD AVENUE

Vancouver, BC V5N2V4

$1,599,000

6 bed2 bath2 parking1,924 sqft
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
1 square feet
Frontage
32.6 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,542.15 (2025)

Interior

Heating
Radiant heat, Hot Water
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Detached Garage

Listing Information

MLS®
R3106014
Listed
April 1, 2026
Time on market
On the market for 152 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Parallel 49 Realty · Data source: CREA DDF.

Description

Great opportunity for first-time home buyers or savvy investors. This fully renovated and furnished property offers strong cash flow potential, with both the main and upper floors capable of being rented separately. Estimated rental income of approximately $4,500/month or more makes it an excellent option to help support mortgage payments. Situated on a valuable lot with multi-family zoning potential, this property also presents a compelling future land assembly or redevelopment opportunity. Backing onto beautiful Kingcrest Park, the home enjoys a rare combination of privacy and urban convenience. Located directly across from Save-On-Foods, library, and public transitThe Seller is a licensed Real Estate Agent. Serious inquiries , Sat Sun (April 18&19) Open House 2:30-4PM (id:63159)

Values & Trends

This listing

$831/sqft

Building average

No other active listings in this building

Vancouver average

$1,166/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

Partly Cloudy

14°C

Partly Cloudy

Humidity 100%

Wind ESE 12 km/h

Today

20°

Tonight

15°

Wednesday

17°

Wednesday night

14°

Thursday

18°

Thursday night

13°

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

70

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
Lord Selkirk AnnexElementary370 m
Lord Selkirk ElementaryElementary474 m
Tyee ElementaryElementary573 m
Sir Richard McBride ElementaryElementary580 m
Charles Dickens AnnexElementary614 m
St Joseph's(Independent)Elementary882 m
Charles Dickens ElementaryElementary931 m
Gladstone SecondaryElementary973 m

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
Eastbound E King Edward Ave @ Knight St27 m
Northbound Knight St @ E King Edward Ave94 m
Southbound Knight St @ E King Edward Ave99 m
Westbound E King Edward Ave @ Kingsway133 m
Westbound E King Edward Ave @ Knight St133 m

Nearby Places

Restaurants (5+)

  • White Spot · 1476 Kingsway96 m
  • Ashiana Tandoori · 1440 Kingsway113 m
  • Icy Bar · 1475 Kingsway149 m
  • Pink Peppercorn Seafood House · 1485 Kingsway150 m
  • J.R Taste Of Ceylon · 3929 Knight Street160 m

Cafes (5+)

  • Trees Organic Coffee · 1408 Kingsway171 m
  • Pallet Coffee Roasters · 1398 Kingsway216 m
  • Casbah De Vancouver · 1385 Kingsway274 m
  • Cafe Lu Quan · 1279 Kingsway450 m
  • Matcha Corner · 1150 Kingsway631 m

Grocery (5+)

  • Save-On-Foods · 1403 East King Edward Avenue74 m
  • Famous Foods · 1595 Kingsway235 m
  • Jeya Brothers · 3805 Knight Street276 m
  • New Fresh Supermarket · 1170 Kingsway605 m
  • My Tho Supermarket · 1106 Kingsway675 m

Parks (4)

  • Kingcrest Park · 4150 Knight Street74 m
  • Glen Park · 3999 Glen Drive596 m
  • Brewers Park · 4175 Victoria Drive621 m
  • Gibby's Field652 m

Gyms (5+)

  • Anytime Fitness117 m
  • Loaded Athletics282 m
  • 30 Min Hit · 1675 Kingsway337 m
  • All Fit · 1248 Kingsway427 m
  • Evolution Fitness + Lagree · 1143 Kingsway659 m

Pharmacies (2)

  • Pharmasave · 1808 Kingsway581 m
  • Saigon Pharmacy · 1080 Kingsway753 m

Banks & ATMs (4)

  • TD120 m
  • CIBC · 1427 Kingsway207 m
  • Bitcoin ATM Coinsite · 1096 Kingsway719 m
  • TD750 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($319,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,279,200.00
Periodic payment — Principal & Interest (monthly)$8,252.96
Additional monthly expenses (strata, tax, utilities, etc.)$724.51
Total monthly cost$8,977.48
Interest paid over 5-yr term$366,622.40
Balance at end of term$1,150,644.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$319,800
Stress test qualifying rate8.09%
Payment you must qualify for$9,836.60

Cash Needed at Closing

Minimum down payment$319,800
Estimated BC PTT$29,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$351,280

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.

Request more information