Property Type: Detached HouseOwnership: Freehold

2506 E 45TH AVENUE

Vancouver, BC V5R3B5

$1,698,000

7 bed5 bath1 parking2,163 sqftBuilt 1910
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Property Details

Property & Lot

Sub-type
House
Lot size
4,026 square feet
Frontage
33 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,911.1 (2025)

Interior

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

Parking

Total spaces
1 — covered indicated
Features
Carport

Listing Information

MLS®
R3105304
Listed
March 31, 2026
Time on market
On the market for 153 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Fabulous investment opportunity! This well-maintained, fully renovated home has potential to hold, live in, or redevelop. Recent updates include a new roof (2021), and beautiful hardwood flooring lies beneath the carpets in the living room and hallway. The lower level adds exceptional value with two 2-bedroom suites and one bachelor suite, providing excellent rental income potential. The property also features a fully fenced yard, perfect for families or pets and is situated on a quiet residential street close to schools, parks, Killarney Community Centre, and public transit. House is rented for $8,700.00 all MTM. (id:63159)

Values & Trends

This listing

$785/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

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

6/9 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
Waverley ElementaryElementary171 m
Corpus Christi School(Independent)Elementary359 m
Dr George M Weir ElementaryElementary832 m
G T Cunningham ElementaryElementary857 m
Sir Charles Kingsford-SmithElementary867 m
Tecumseh ElementaryElementary906 m
Killarney SecondarySecondary947 m
Qawsain Knowledge House(Independent)Elementary/Middle1.2 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
Southbound Elliott St @ E 45 Ave73 m
Northbound Elliott St @ E 46 Ave112 m
Southbound Elliott St @ E 47 Ave223 m
Northbound Clarendon St @ E 43 Ave230 m
Northbound Elliott St @ Waverley Ave251 m

Nearby Places

Restaurants (5+)

  • Yu Ki BBQ Kitchen · 2609 East 49th Avenue423 m
  • Pho Thai Ha · 2653 East 49th Avenue456 m
  • Shun Jing Lou Seafood Restaurant · 5822 Victoria Drive716 m
  • East Kitchen · 5794 Victoria Drive731 m
  • Kim Phung Restaurant · 5764 Victoria Drive746 m

Cafes (1)

  • Bubble Waffle Cafe · 2639 East 49th Avenue448 m

Grocery (5+)

  • 88 Supermarket · 2611 East 48th Avenue425 m
  • Doli Supermarket716 m
  • Consumer Food Market741 m
  • Chong Lee Market · 6399 Victoria Drive771 m
  • Golden Star Supermarket · 6414 Victoria Drive783 m

Parks (2)

  • Nanaimo Park206 m
  • Earles Park764 m

Pharmacies (3)

  • Shoppers Drug Mart · 2607 East 49th Avenue447 m
  • I.D.A. · 2732 East 41st Avenue546 m
  • MJ's Natural Pharmacy · 6255 Victoria Drive759 m

Banks & ATMs (3)

  • Scotiabank · 2689 East 49th Avenue499 m
  • Gulf & Fraser576 m
  • BMO · 5710 Victoria Drive771 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($339,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,358,400.00
Periodic payment — Principal & Interest (monthly)$8,763.94
Additional monthly expenses (strata, tax, utilities, etc.)$767.26
Total monthly cost$9,531.19
Interest paid over 5-yr term$389,321.34
Balance at end of term$1,221,885.19

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$339,600
Stress test qualifying rate8.09%
Payment you must qualify for$10,445.62

Cash Needed at Closing

Minimum down payment$339,600
Estimated BC PTT$31,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$373,060

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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