Property Type: Detached HouseOwnership: Freehold

3079 KINGS AVENUE

Vancouver, BC V5R4T3

$3,148,000

3 bed2 bath3 parking3,042 sqftBuilt 1997
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Property Details

Property & Lot

Sub-type
House
Lot size
3,696 square feet
Frontage
33 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,543.62 (2025)

Interior

Basement
Finished, Unknown, Unknown
Heating
Natural gas
Fireplace
Yes (1)

Parking

Total spaces
3 — uncovered indicated
Features
Other

Listing Information

MLS®
R3110263
Listed
April 13, 2026
Time on market
On the market for 140 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Dracco Pacific Realty · Data source: CREA DDF.

Description

Attention Developers & Investors! This prime property is part of a 5-lot land assembly, ideally positioned within 400 meters of 29th Avenue SkyTrain Station, and located in a designated Transit-Oriented Area (TOA) - Tier 2 With Development Potential up to 12 stories and FSR up to 4.0 (buyer to verify with the City of Vancouver). Situated on a quiet, desirable residential street, yet just steps to the vibrant Kingsway retail corridor. Only 5 minutes drive to Metrotown and 15 minutes to Downtown Vancouver. Rare opportunity to secure a high-potential development site in a rapidly growing area. Call today for more information and to secure this exceptional opportunity! (id:63159)

Values & Trends

This listing

$1,035/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/sqft

1216 active listing(s)

Parking: 3 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

Mainly Clear

15°C

Mainly Clear

Humidity 100%

Wind ESE 13 km/h

Today

20°

Tonight

15°

Wednesday

17°

Wednesday night

14°

Thursday

18°

Thursday night

13°

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

15

3/9 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
Sir Wilfred Grenfell CommunityElementary472 m
Windermere Community SecondarySecondary522 m
John Norquay ElementaryElementary741 m
St Mary's(Independent)Elementary830 m
Collingwood Neighbourhood SchoolElementary973 m
Renfrew Community ElementaryElementary1.1 km
Graham Bruce Community ElementaryElementary1.1 km
Nootka Community 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 Earles St @ Kings Ave172 m
Southbound Earles St @ E 29 Ave178 m
Southbound Earles St @ Vanness Ave218 m
Northbound Nootka St @ E 29 Ave219 m
Westbound E 29 Ave @ Nootka St221 m

Nearby Places

Restaurants (2)

  • Chili Pepper House · 3003 Kingsway757 m
  • Noople Noodle & Dumpling House · 3003 Kingsway764 m

Parks (4)

  • Slocan Park · 2750 East 29th Avenue486 m
  • Renfrew Ravine Park · 3900 Renfrew Street537 m
  • Collingwood Park · 5275 McKinnon Street728 m
  • Carleton Park · 3450 Price Street776 m

Pharmacies (1)

  • The Medicine Shoppe · 3039 Kingsway785 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($629,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,518,400.00
Periodic payment — Principal & Interest (monthly)$16,247.86
Additional monthly expenses (strata, tax, utilities, etc.)$863.97
Total monthly cost$17,111.83
Interest paid over 5-yr term$721,780.68
Balance at end of term$2,265,308.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$629,600
Stress test qualifying rate8.09%
Payment you must qualify for$19,365.61

Cash Needed at Closing

Minimum down payment$629,600
Estimated BC PTT$75,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$706,500

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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