Property Type: Detached HouseOwnership: Freehold

2306 RUPERT STREET

Vancouver, BC V5M3T1

$1,999,000

4 bed2 bath4 parking1,899 sqftBuilt 1950
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Property Details

Property & Lot

Sub-type
House
Lot size
5,392.4 square feet
Frontage
44.2 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$8,277.53 (2025)

Interior

Basement
Full, Unknown, Unknown
Heating
Forced air, Natural gas
Fireplace
Yes (1)

Exterior & Lot

View
View

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3096973
Listed
March 6, 2026
Time on market
On the market for 178 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Group - 1st West Realty · Data source: CREA DDF.

Description

Prime Redevelopment Opportunity! Situated on a large corner lot in a highly desirable location, this property offers incredible potential for future development. Just a short walk to Rupert SkyTrain Station, bus stops, and an elementary school located directly behind the home. High school, parks, and a full range of amenities-including T&T, Walmart, Superstore, Starbucks, banks, restaurants, and even a golf course-are all within minutes. Easy access to Highway 1 makes this location unbeatable for both convenience and connectivity. A rare opportunity to invest in a rapidly evolving neighborhood! (id:63159)

Values & Trends

This listing

$1,053/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/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

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
Thunderbird šxʷəxʷaʔəs ElementaryElementary171 m
Norval-MorrisseauElementary884 m
wək̓ʷan̓əs tə syaqʷəm Elementary SchoolElementary955 m
St Jude's(Independent)Elementary1.0 km
Vancouver Christian(Independent)K-121.1 km
Outlook Secondary ProgramElementary1.3 km
Nootka Community ElementaryElementary1.3 km
Whytecliff Agile Learning Centre-Burnaby(Independent)Secondary1.4 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

StopTypeDistance
Southbound Rupert St @ E 7th Ave39 m
Northbound Rupert St @ E 7th Ave46 m
Northbound Rupert St @ E Broadway162 m
Southbound Rupert St @ E Broadway172 m
Westbound E Broadway @ Rupert St199 m

Nearby Places

Restaurants (5+)

  • 350°F Korean Fried Chicken · 3307 East Broadway182 m
  • Sushi High · 3311 East Broadway183 m
  • Happy Valley Dim Sum Seafood Restaurant · 3432 Lougheed Highway329 m
  • Boston Pizza · 1333 Grandview Highway618 m
  • Phở Nhuận · 2989 Rupert Street701 m

Cafes (1)

  • Tim Hortons · 2689 Rupert Street335 m

Grocery (3)

  • Real Canadian Superstore · 3185 Grandview Highway581 m
  • Save-On-Foods · 2880 Bentall Street590 m
  • Walmart Supercentre · 3585 Grandview Highway685 m

Parks (2)

  • Sunrise Park · 1950 Windermere Street349 m
  • Thunderbird Park · 3485 East 2nd Avenue672 m

Shopping (1)

  • Canadian Tire · 2830 Bentall Street495 m

Gyms (1)

  • Unnamed147 m

Banks & ATMs (1)

  • BMO651 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($399,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,599,200.00
Periodic payment — Principal & Interest (monthly)$10,317.50
Additional monthly expenses (strata, tax, utilities, etc.)$784.79
Total monthly cost$11,102.29
Interest paid over 5-yr term$458,335.32
Balance at end of term$1,438,485.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$399,800
Stress test qualifying rate8.09%
Payment you must qualify for$12,297.29

Cash Needed at Closing

Minimum down payment$399,800
Estimated BC PTT$37,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$439,280

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.

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