Property Type: Detached HouseOwnership: Freehold

2530 7TH AVENUE

Vancouver, BC V5M1T4

$1,575,000

4 bed2 bath1 parking1,870 sqftBuilt 1944
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Amenities

Also listed: Laundry - In Suite

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
$8,031.19 (2025)

Interior

Basement
Full, Separate entrance, Unknown
Heating
Forced air
Fireplace
None

Parking

Total spaces
1 — covered indicated
Features
Garage

Listing Information

MLS®
R3109373
Listed
April 9, 2026
Time on market
On the market for 144 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: 1NE Collective Realty Inc. · Data source: CREA DDF.

Description

Attention builders and investors! 33 x122ft (4026 sqft) Exceptional opportunity in the highly sought-after East Vancouver. This property is being offered at land value, perfect for redevelopment or long-term holding. Situated on a desirable lot with convenient lane access, this property offers excellent potential under current zoning. Centrally located just minutes from Commercial Drive, parks, schools, transit, and everyday amenities. (id:63159)

Values & Trends

This listing

$842/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/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

30

5/9 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
Vancouver Technical SecondaryElementary444 m
Chief Maquinna ElementaryElementary536 m
Laura Secord ElementaryElementary540 m
Norval-MorrisseauElementary717 m
Westside Montessori Academy(Independent)Elementary787 m
Queen Victoria AnnexElementary1.0 km
Lord Nelson ElementaryElementary1.1 km
St Jude's(Independent)Elementary1.1 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 E Broadway @ Kamloops St194 m
Northbound Nanaimo St @ E Broadway223 m
Eastbound E Broadway @ Nanaimo St230 m
Westbound E Broadway @ Penticton St232 m
Northbound Nanaimo St @ E 6th Ave241 m

Nearby Places

Restaurants (5+)

  • Yook Korean Grilled BBQ and Bistro · 2408 Nanaimo Street202 m
  • Golden Seafood Restaurant · 2425 Nanaimo Street234 m
  • Bon's Off Broadway · 2451 Nanaimo Street241 m
  • Golden Spring · 2461 Nanaimo Street251 m
  • Got Pho? · 2523 Nanaimo Street298 m

Cafes (3)

  • Ruka Coffee · 2406 East Broadway255 m
  • M Cha Bar · 2557 Renfrew Street730 m
  • Tree's Organic Coffee · 2607 Renfrew Street759 m

Parks (3)

  • Kaslo Park · 2851 East 7th Avenue589 m
  • Garden Park · 1851 Garden Drive618 m
  • Clinton Park · 2690 Grant Street791 m

Gyms (1)

  • Oxygen Yoga & Fitness · 2888 East 12th Avenue790 m

Banks & ATMs (1)

  • TD · 2396 East Broadway291 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($315,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,260,000.00
Periodic payment — Principal & Interest (monthly)$8,129.09
Additional monthly expenses (strata, tax, utilities, etc.)$763.27
Total monthly cost$8,892.36
Interest paid over 5-yr term$361,119.62
Balance at end of term$1,133,374.08

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$315,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,688.96

Cash Needed at Closing

Minimum down payment$315,000
Estimated BC PTT$29,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$346,000

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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