1989 W KING EDWARD AVENUE
Vancouver, BC V6J2W7
$3,499,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 13,072 square feet
- Frontage
- 95 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $12,402.7 (2025)
Interior
- Basement
- Full, Unknown, Unknown
- Heating
- Electric, Hot Water
- Fireplace
- Yes (3)
Parking
- Total spaces
- 1
Listing Information
- MLS®
- R3075949
- Listed
- January 5, 2026
- Time on market
- On the market for 238 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Vanhaus Gruppe Realty Inc. · Data source: CREA DDF.
Description
Discover a trophy investment at 1989 W King Edward Ave. Situated on a sprawling 13,000+ sq. ft. lot within the prestigious First Shaughnessy District, this property offers a rare "buy and hold" opportunity. Currently configured as four distinct units, this character-filled residence combines heritage charm with modern rental utility. Standing tall on the high side of the street, the property offers impressive views and a commanding presence. Whether you are looking to add a high-yield asset to your portfolio or explore a long-term heritage revitalization project, this massive lot provides the ultimate canvas in Vancouver's most exclusive enclave. Call for more details! (id:63159)
Values & Trends
This listing
$638/sqft
Building average
—
No other active listings in this building
Vancouver average
$1,166/sqft
1216 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
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
30
4/9 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
| School | Type | Distance |
|---|---|---|
| Shaughnessy Elementary | Elementary | 603 m |
| Little Flower Academy(Independent) | Elementary | 698 m |
| Prince Of Wales Secondary | Elementary | 751 m |
| York House School(Independent) | K-12 | 821 m |
| Trafalgar Elementary | Elementary | 972 m |
| Lord Tennyson Elementary | Elementary | 1.3 km |
| Madrona School(Independent) | Elementary/Middle | 1.3 km |
| St. John's School(Independent) | K-12 | 1.4 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
| Stop | Type | Distance |
|---|---|---|
| Westbound W King Edward Ave @ Maple Cres | — | 59 m |
| Eastbound W King Edward Ave @ Maple Cres | — | 65 m |
| Southbound Arbutus St @ W King Edward Ave | — | 169 m |
| Northbound Arbutus St @ W King Edward Ave | — | 174 m |
| Eastbound W King Edward Ave @ Arbutus St | — | 183 m |
Nearby Places
Cafes (1)
- Starbucks335 m
Grocery (2)
- Safeway · 2101 Lahb Avenue350 m
- Loblaws757 m
Parks (2)
- Arbutus Village Park434 m
- Angus Park604 m
Banks & ATMs (1)
- BMO · 2104 Lahb Avenue369 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($699,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.