Property Type: Detached HouseOwnership: Freehold

1807 E 38TH AVENUE

Vancouver, BC V5P1G6

$1,538,000

5 bed2 bath1 parking2,188 sqftBuilt 1913
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
3,709 square feet
Frontage
35.9 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,635.99 (2026)

Interior

Basement
Finished, Unknown, Unknown
Heating
Forced air, Electric
Fireplace
Yes (1)

Parking

Total spaces
1 — covered indicated
Features
Garage

Listing Information

MLS®
R3144765
Listed
July 9, 2026
Time on market
On the market for 53 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Dracco Pacific Realty · Data source: CREA DDF.

Description

Prime corner lot at E 38th Ave and Commercial Street, in one of the most desirable neighbourhoods on Vancouver's East Side. This flat 35' x 103.6' corner parcel offers back lane access and faces a park - a rare combination for a development site in this location. The existing home needs work but is currently livable, giving you flexibility to hold, renovate, or move straight into your build. Steps to transit, shops, and everyday amenities - close to everything this sought-after pocket has to offer. A great investment opportunity and a near-perfect lot to develop. Corner lots with lane access and park frontage like this don't come up often - call today for more details. (id:63159)

Values & Trends

This listing

$703/sqft

Building average

No other active listings in this building

Vancouver average

$1,166/sqft

1216 active listing(s)

Parking: 1 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

52

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
Tecumseh AnnexElementary410 m
Tecumseh ElementaryElementary440 m
G T Cunningham ElementaryElementary819 m
Lord Selkirk AnnexElementary1.1 km
Sir Richard McBride ElementaryElementary1.1 km
Corpus Christi School(Independent)Elementary1.2 km
Sir Sandford Fleming ElementaryElementary1.2 km
Waverley ElementaryElementary1.3 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
Southbound Victoria Dr @ E 38 Ave210 m
Northbound Victoria Dr @ E 38 Ave244 m
Southbound Victoria Dr @ E 36 Ave291 m
Westbound E 41 Ave @ Commercial St313 m
Westbound E 41 Ave @ Victoria Dr337 m

Nearby Places

Restaurants (5+)

  • Banh Mi Saigon · 5397 Victoria Drive204 m
  • Dalat Vietnamese Cuisine · 5497 Victoria Drive223 m
  • Hapag234 m
  • I Love Yao Yen Kitchen & Cafe Delicious Restaurant · 5550 Victoria Drive261 m
  • Sandy La Chinese Restaurant · 5257 Victoria Drive267 m

Cafes (5+)

  • Starbucks288 m
  • El Caracol Mexican Cafe · 5190 Victoria Drive338 m
  • Tim Hortons · 5698 Victoria Drive365 m
  • Hoi An Cafe · 5002 Victoria Drive444 m
  • Duffin's Donuts · 1391 East 41st Avenue722 m

Grocery (5+)

  • JJ Sri Lankan Store · 5125 Victoria Drive355 m
  • Osoyoos Produce · 5723 Victoria Drive398 m
  • K Goods Produce · 5733 Victoria Drive413 m
  • Doli Supermarket540 m
  • Consumer Food Market562 m

Parks (3)

  • Jones Park · 5350 Commercial Street115 m
  • Kensington Park · 5175 Dumfries Street608 m
  • Tecumseh Park646 m

Gyms (1)

  • Kensington Fitness Centre508 m

Pharmacies (3)

  • Healthside Pharmacy · 5448 Victoria Drive240 m
  • Low-cost Western Pharmacy · 5579 Victoria Drive265 m
  • London Drugs · 5639 Victoria Drive276 m

Banks & ATMs (5+)

  • CIBC311 m
  • Vancity · 5672 Victoria Drive333 m
  • CIBC · 5705 Victoria Drive383 m
  • Bitcoin ATM Localcoin · 5723 Victoria Drive392 m
  • BMO · 5710 Victoria Drive408 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($307,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,230,400.00
Periodic payment — Principal & Interest (monthly)$7,938.12
Additional monthly expenses (strata, tax, utilities, etc.)$745.33
Total monthly cost$8,683.46
Interest paid over 5-yr term$352,636.18
Balance at end of term$1,106,748.78

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$307,600
Stress test qualifying rate8.09%
Payment you must qualify for$9,461.35

Cash Needed at Closing

Minimum down payment$307,600
Estimated BC PTT$28,760
Legal / closing costs (typical estimate)$1,500
Total cash needed$337,860

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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