Property Type: Detached HouseOwnership: FreeholdNEW LISTING

1505 W 62ND AVENUE

Vancouver, BC V6P2E8

$2,499,900

8 bed5 bath3 parking3,297 sqftBuilt 2005
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Open House

Sunday, September 6

2:00 PM4:00 PM

Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
5,498 square feet
Frontage
53.9 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$15,282.4 (2024)

Interior

Basement
Full, Unknown, Unknown
Heating
Radiant heat, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
None
Appliances
All

Exterior & Lot

Lot features
Central location

Building

Parcel ID (PID)
011-202-157

Parking

Total spaces
3 — covered indicated
Features
Garage

Listing Information

MLS®
R3159917
Listed
August 31, 2026
Time on market
Listed today
Tax assessment year
2024
Data last synced
September 1, 2026

Listing provided by: Royal Pacific Riverside Realty Ltd. · Data source: CREA DDF.

Description

Prime South Granville location! This beautifully renovated, custom-built 3-level home features 8 bedrooms, 5 bathrooms, and newer appliances, offering exceptional space, comfort, and versatility. Situated on a bright corner lot with desirable RM-8N zoning, it offers exciting multi-family development potential without rezoning. A self-contained basement suite with a separate entrance and kitchen provides excellent rental income. Steps to restaurants, shopping, transit, McKechnie Elementary and Magee Secondary, with top private schools nearby. Convenient access to Oakridge Centre, Richmond, and Downtown Vancouver. An outstanding opportunity for families, investors, or those looking to hold and unlock future development potential. Call today for details! (id:63159)

Values & Trends

This listing

$758/sqft

Building average

No other active listings in this building

Vancouver average

$1,166/sqft

1216 active listing(s)

Parking: 3 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

56

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
Tamim Academy of Vancouver(Independent)Elementary/Middle61 m
David Lloyd George ElementaryElementary629 m
Vancouver Montessori School(Independent)Elementary885 m
Dr R E McKechnie ElementaryElementary976 m
Oakridge Montessori Children's Learning(Independent)Elementary1.1 km
Sir Wilfrid Laurier ElementaryElementary1.2 km
St Anthony of Padua(Independent)Elementary1.2 km
Sir Winston Churchill SecondaryElementary1.2 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
Northbound Granville St @ W 62 Ave44 m
63 Ave Loop @ Granville St134 m
Southbound Granville St @ W 63 Ave178 m
Northbound Granville St @ W 64 Ave188 m
Southbound Granville St @ W 59 Ave218 m

Nearby Places

Restaurants (5+)

  • Mirchi · 7964 Granville Street178 m
  • Snackshot · 7980 Granville Street201 m
  • Pearl House Restaurant · 7994 Granville Street211 m
  • Lucky Fortune Seafood Restaurant · 8012 Granville Street253 m
  • A & S Fusion · 8028 Granville Street259 m

Cafes (5+)

  • Krepa Cafe · 8030 Granville Street265 m
  • Bubble Bear Cafe · 8051 Granville Street270 m
  • Butterfly Tea & Dessert · 8079 Granville Street295 m
  • East Café in Marpole (formerly Gigi Blin) · 1400 West 70th Avenue767 m
  • Bean Around The World · 1846 West 57th Avenue774 m

Grocery (2)

  • Granville Yummy Market · 8462 Granville Street595 m
  • Safeway · 8475 Granville Street648 m

Parks (3)

  • Shannon Park136 m
  • Shannon Mews Park · 1551 West 57th Avenue516 m
  • Riverview Park566 m

Gyms (1)

  • Oxygen Yoga & Fitness · 8578 Cornish Street691 m

Pharmacies (2)

  • Pharmasave · 1517 West 57th Avenue498 m
  • Boomer Drugs701 m

Banks & ATMs (5+)

  • Primerica · 7932 Granville Street156 m
  • TD Canada Trust · 8005 Granville Street245 m
  • Scotiabank495 m
  • BMO · 8324 Granville Street504 m
  • CIBC · 8450 Granville Street580 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($499,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,999,920.00
Periodic payment — Principal & Interest (monthly)$12,902.81
Additional monthly expenses (strata, tax, utilities, etc.)$1,438.53
Total monthly cost$14,341.34
Interest paid over 5-yr term$573,182.82
Balance at end of term$1,798,934.51

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$499,980
Stress test qualifying rate8.09%
Payment you must qualify for$15,378.68

Cash Needed at Closing

Minimum down payment$499,980
Estimated BC PTT$52,997
Legal / closing costs (typical estimate)$1,500
Total cash needed$554,477

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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