Property Type: Detached HouseOwnership: Freehold

2903 W 42ND AVENUE

Vancouver, BC V6N3G8

$2,399,000

6 bed3 bath0 parking2,467 sqftBuilt 1938
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Open House

Sunday, September 6

2:00 PM4:00 PM

Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
4,455 square feet
Frontage
33 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$11,137.3 (2026)

Interior

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

Exterior & Lot

Lot features
Central location, Private setting

Building

Parcel ID (PID)
011-893-516

Parking

Total spaces
0

Listing Information

MLS®
R3154288
Listed
August 10, 2026
Time on market
On the market for 21 days
Tax assessment year
2026
Data last synced
August 31, 2026

Listing provided by: Heller Murch Realty · Data source: CREA DDF.

Description

Welcome to prime Kerrisdale! Incredible 33 X 135 corner lot offering exceptional lifestyle, investment, and future development potential. This charming character home features two bedrooms and a full bathroom on each of the three levels, beautiful hardwood floors, a cozy wood burning fireplace, and timeless character throughout. Entertainment size living room and separate dining room - perfect for entertaining. The flexible floor plan offers outstanding revenue potential with the upper level renting for approx $3600/month and the lower suite for aoorox $2600/month, or live upstairs with a mortgage helper. The detached garage has been converted into a bright art studio, home office, or gym. Ideally located just steps to Kerrisdale shops, cafes, parks, restaurants, top-rated schools, and transit. A rare opportunity for families, investors, or builders. Some photos have been virtually staged for your inspiration. A pleasure to show anytime! A pleasure to show anytime! OPEN HOUSE SUN SEPT. 6, 2-4 PM (id:63159)

Values & Trends

This listing

$972/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/sqft

1216 active listing(s)

Parking: Not indicatedStorage 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

33

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
Kerrisdale ElementaryElementary347 m
Crofton House(Independent)K-12395 m
Kerrisdale AnnexElementary478 m
St Regis Secondary School(Independent)Elementary995 m
Point Grey SecondarySecondary1.3 km
Quilchena ElementaryElementary1.4 km
Magee SecondarySecondary1.5 km
Maple Grove ElementaryElementary1.5 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
Eastbound W 41 Ave @ Mackenzie St91 m
Westbound W 41 Ave @ Mackenzie St95 m
Eastbound W 41 Ave @ Carnarvon St163 m
Westbound W 41 Ave @ Macdonald St210 m
Eastbound W 41 Ave @ Carnarvon St229 m

Nearby Places

Restaurants (2)

  • Lok's Chinese Restaurant · 2436 West 41st Avenue631 m
  • Minerva's · 2411 West 41st Avenue648 m

Cafes (1)

  • Cathy's · 5687 Balsam Street663 m

Grocery (1)

  • Konbiniya Japan Centre · 2307 West 41st Avenue772 m

Parks (2)

  • Elm Park513 m
  • Malkin Park · 6001 Balaclava Street519 m

Gyms (1)

  • J. Li Pilates Studio · 2989 West 41st Avenue191 m

Pharmacies (1)

  • Shoppers Drug Mart782 m

Banks & ATMs (3)

  • Vancity688 m
  • BlueShore Financial · 2326 West 41st Avenue755 m
  • CIBC · 2288 West 41st Avenue790 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($479,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,919,200.00
Periodic payment — Principal & Interest (monthly)$12,382.03
Additional monthly expenses (strata, tax, utilities, etc.)$1,051.11
Total monthly cost$13,433.14
Interest paid over 5-yr term$550,048.24
Balance at end of term$1,726,326.61

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$479,800
Stress test qualifying rate8.09%
Payment you must qualify for$14,757.98

Cash Needed at Closing

Minimum down payment$479,800
Estimated BC PTT$49,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$531,270

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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