Property Type: Detached HouseOwnership: Freehold

2920 GRAVELEY STREET

Vancouver, BC V5K3K3

$2,000,000

6 bed2 bath1 parking2,244 sqftBuilt 1950
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
4,255 square feet
Frontage
33.6 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,259 (2026)

Interior

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

Parking

Total spaces
1 — covered indicated
Features
Garage

Listing Information

MLS®
R3156435
Listed
August 17, 2026
Time on market
On the market for 14 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Latitude Realty Inc. · Data source: CREA DDF.

Description

Rare opportunity to own a detached home on desirable C-1 commercial zoning! This unique property offers exceptional flexibility for homeowners, investors, developers and business owners alike. Continue using the property as a residence, hold as an investment, or explore future redevelopment and mixed-use opportunities, subject to City of Vancouver approval. C-1 zoning permits a wide range of commercial and residential uses. Adjacent C-1 property is also available for sale, creating a rare opportunity for land assembly and enhanced redevelopment potential. Conveniently located close to transit, schools, parks, shopping and everyday amenities. Buyers to verify all zoning, permitted uses and redevelopment potential with the City of Vancouver. (id:63159)

Values & Trends

This listing

$891/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

52

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
Norval-MorrisseauElementary456 m
wək̓ʷan̓əs tə syaqʷəm Elementary SchoolElementary464 m
Chief Maquinna ElementaryElementary581 m
Notre Dame Regional Secondary(Independent)Secondary660 m
Dr A R Lord ElementaryElementary1.1 km
Our Lady Of Sorrows(Independent)Elementary1.1 km
Thunderbird šxʷəxʷaʔəs ElementaryElementary1.2 km
Lord Nelson ElementaryElementary1.2 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
Northbound Renfrew St @ E 1st Ave56 m
Southbound Renfrew St @ E 1st Ave133 m
Northbound Renfrew St @ Grant St167 m
Southbound Renfrew St @ Kitchener St206 m
Northbound Renfrew St @ E 3rd Ave256 m

Nearby Places

Restaurants (5+)

  • Kuro Sushi & Bar · 1660 Renfrew Street50 m
  • Romilano Pizza · 1637 Renfrew Street69 m
  • East One Seafood Restaurant · 2800 East 1st Avenue171 m
  • Thai Son Restaurant · 2800 East 1st Avenue184 m
  • Fuku Ramen & Sushi · 2800 East 1st Avenue229 m

Cafes (4)

  • Sharetea · 1673 Renfrew Street78 m
  • My Frosty · 220-2800 East 1st Avenue152 m
  • Ding Tea · 1808 Renfrew Street205 m
  • Sooyo Cafe · 985 Windermere Street779 m

Grocery (1)

  • 大統華 T&T Supermarket · 2800 East 1st Avenue238 m

Parks (3)

  • Clinton Park · 2690 Grant Street526 m
  • Kaslo Park · 2851 East 7th Avenue700 m
  • Sunrise Park · 1950 Windermere Street730 m

Pharmacies (1)

  • Pharmasave · 2800 East 1st Avenue244 m

Banks & ATMs (2)

  • RBC Royal Bank · 1716 Renfrew Street109 m
  • Scotiabank · 2800 East 1st Avenue130 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($400,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,600,000.00
Periodic payment — Principal & Interest (monthly)$10,322.66
Additional monthly expenses (strata, tax, utilities, etc.)$800.25
Total monthly cost$11,122.91
Interest paid over 5-yr term$458,564.60
Balance at end of term$1,439,205.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$400,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,303.44

Cash Needed at Closing

Minimum down payment$400,000
Estimated BC PTT$38,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$439,500

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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