Property Type: Detached HouseOwnership: Freehold

2016 W 48TH AVENUE

Vancouver, BC V6M2P3

$3,180,000

3 bed1 bath4 parking1,314 sqftBuilt 1951
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Property Details

Property & Lot

Sub-type
House
Lot size
6,450 square feet
Frontage
50 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$13,600.4 (2025)

Interior

Heating
Natural gas
Fireplace
None

Parking

Total spaces
4

Listing Information

MLS®
R3112384
Listed
April 16, 2026
Time on market
On the market for 137 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Crest Realty · Data source: CREA DDF.

Description

Prime Kerrisdale BIG 6,450.00 SF flat LOT / Well maintained home with Amazing SOUTH facing backyard. CLOSE to all best school Maple Grove & Magee schools. IDEAL location with walking distance to nearby schools, Kerrisdale Village for your everyday needs, quick access to downtown Vancouver, golf course, parks, community centre, private schools .GREAT investment opportunity to hold or to build a dream house ! (id:63159)

Values & Trends

This listing

$2,420/sqft

Building average

No other active listings in this building

Vancouver average

$1,164/sqft

1216 active listing(s)

Parking: 4 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

44

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
Magee SecondarySecondary94 m
Maple Grove ElementaryElementary291 m
St Regis Secondary School(Independent)Elementary791 m
Point Grey SecondarySecondary1.1 km
Quilchena ElementaryElementary1.1 km
Dr R E McKechnie ElementaryElementary1.1 km
Sir William Osler ElementaryElementary1.5 km
Tamim Academy of Vancouver(Independent)Elementary/Middle1.6 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 49 Ave @ Maple St72 m
Eastbound W 49 Ave @ Maple St108 m
Northbound West Blvd @ W 49 Ave180 m
Eastbound W 49 Ave @ Arbutus St212 m
Southbound Arbutus St @ W 49 Ave217 m

Nearby Places

Restaurants (5+)

  • Sen Vietnamese217 m
  • Southern Delicacy · 6055 West Boulevard445 m
  • Sandeul · 6019 West Boulevard477 m
  • BBT Café · 5979 West Boulevard525 m
  • Ajisai 2 Go · 2087 West 42nd Avenue656 m

Cafes (5+)

  • Macu Tea · 5971 West Boulevard531 m
  • Steam Teahouse & Cafe · 2091 West 43rd Avenue573 m
  • La Cuisson Cafe · 2050 West 41st Avenue710 m
  • Honolulu Coffee · 2098 West 41st Avenue746 m
  • Adonia · 2057 West 41st Avenue767 m

Grocery (2)

  • Save-On-Foods · 6455 West Boulevard199 m
  • Sandy Farm Market · 6007 West Boulevard487 m

Parks (2)

  • Kerrisdale Centennial Park672 m
  • Maple Grove Park717 m

Gyms (4)

  • Club Pilates · 6336 East Boulevard187 m
  • Oora Pilates · 6045 West Boulevard454 m
  • Unnamed617 m
  • Axe Capoeira Kerrisdale · 5851 West Boulevard668 m

Pharmacies (2)

  • London Drugs · 2091 West 42nd Avenue666 m
  • Pharmasave · 2048 West 41st Avenue728 m

Banks & ATMs (1)

  • BMO768 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($636,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,544,000.00
Periodic payment — Principal & Interest (monthly)$16,413.02
Additional monthly expenses (strata, tax, utilities, etc.)$1,199.37
Total monthly cost$17,612.39
Interest paid over 5-yr term$729,117.71
Balance at end of term$2,288,336.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$636,000
Stress test qualifying rate8.09%
Payment you must qualify for$19,562.47

Cash Needed at Closing

Minimum down payment$636,000
Estimated BC PTT$77,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$714,500

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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