Property Type: Detached HouseOwnership: Freehold

2894 MCGILL STREET

Vancouver, BC V5K1H6

$1,475,000

5 bed2 bath4 parking2,309 sqftBuilt 1962
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Property Details

Property & Lot

Sub-type
House
Style
Basement entry
Lot size
4,024.64 square feet
Frontage
32.11 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,058.45 (2025)

Interior

Basement
Finished, Unknown, Unknown
Heating
Forced air
Fireplace
Yes (2)
Appliances
All

Exterior & Lot

View
View

Building

Parcel ID (PID)
009-133-691

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3142467
Listed
July 8, 2026
Time on market
On the market for 54 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: Homelife Benchmark Realty Corp. · Data source: CREA DDF.

Description

Prime Hastings-Sunrise opportunity! This well-maintained 5-bedroom, 2-bath character home offers 2,354 square ft of comfortable living on a 4,049.85 square ft lot. Move-in ready, featuring beautifully restored hardwood floors, spacious living areas, and functional layout ideal for families. Enjoy a private fenced backyard, full two-car garage with workshop, plus additional secure parking. Located steps to parks, transit, schools, and vibrant Hastings amenities, with stunning North Shore mountain views. Zone R1-1, presenting exceptional potential for future multiplex redevelopment (2-4 units). A rare chance to secure a versatile property with strong long-term upside in a sought-after East Vancouver neighbourhood. (id:63159)

Values & Trends

This listing

$639/sqft

Building average

No other active listings in this building

Vancouver average

$1,166/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

7

1/9 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
Hastings Community ElementaryElementary796 m
Tillicum Community AnnexElementary807 m
Our Lady Of Sorrows(Independent)Elementary1.1 km
Dr A R Lord ElementaryElementary1.1 km
Notre Dame Regional Secondary(Independent)Secondary1.4 km
Sir John Franklin CommunityElementary1.4 km
Templeton SecondarySecondary1.6 km
χpey̓ ElementaryElementary1.7 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 McGill St @ N Renfrew St40 m
Westbound Eton St @ N Renfrew St78 m
Eastbound McGill St @ N Renfrew St85 m
Westbound McGill St @ N Kaslo St212 m
Bus Stop @ Pne Coliseum Loop298 m

Nearby Places

Parks (5+)

  • Callister Park · 2875 Oxford Street260 m
  • Unnamed305 m
  • Dusty Greenwell Park · 2799 Wall Street463 m
  • New Brighton Park · 3201 New Brighton Road531 m
  • Burrard View Park · 650 North Penticton Street535 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($122,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,180,000.00
Periodic payment — Principal & Interest (monthly)$7,612.96
Additional monthly expenses (strata, tax, utilities, etc.)$703.20
Total monthly cost$8,316.16
Interest paid over 5-yr term$338,191.39
Balance at end of term$1,061,413.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$122,500
Stress test qualifying rate8.09%
Payment you must qualify for$10,400.25

Cash Needed at Closing

Minimum down payment$122,500
Estimated BC PTT$27,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$151,500

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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