Property Type: Detached HouseOwnership: Freehold

3148 E 1ST AVENUE

Vancouver, BC V5M1B5

$1,249,000

3 bed2 bath1 parking1,632 sqftBuilt 1953
Get Directions

Property Details

Property & Lot

Sub-type
House
Style
Bungalow
Lot size
4,224 square feet
Frontage
33.6 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,585.2 (2026)

Interior

Basement
Partially finished, Full, Separate entrance
Heating
Forced air, Natural gas
Fireplace
None
Appliances
Washer, Refrigerator, Stove

Exterior & Lot

Lot features
Central location

Building

Parcel ID (PID)
012-357-316

Parking

Total spaces
1 — covered indicated
Features
Garage

Listing Information

MLS®
R3154314
Listed
August 10, 2026
Time on market
On the market for 21 days
Tax assessment year
2026
Data last synced
August 30, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

This classic 1950's bungalow was cared for by long-term owners! Now ready for fresh ideas, the home can be renovated or held for future development with R3-1 zoning. 2 Bedrooms on the Main Floor (2nd BR is currently set up as a Dining Room), 1 Bathroom, Living Room and an eat-in Kitchen. There is inside or outside access to a good height Basement. The separate entry at the back leads to partially finished accommodation. Mud Room, Rec Room, Kitchenette, Bedroom and Bathroom finished. Unfinished Cantina area, Laundry, Utility and Storage. South-facing 11'7" x 6'11" deck overlooks the big, fenced back yard with mature plum trees. Single garage with lane access. Easy access to Downtown Vancouver or No. 1 freeway. Shopping nearby at 1st Avenue Market (T & T Supermarket). Steps to Sunrise Park. (id:63159)

Values & Trends

This listing

$765/sqft

Building average

No other active listings in this building

Vancouver average

$1,166/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

41

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
wək̓ʷan̓əs tə syaqʷəm Elementary SchoolElementary288 m
Norval-MorrisseauElementary618 m
Thunderbird šxʷəxʷaʔəs ElementaryElementary800 m
Notre Dame Regional Secondary(Independent)Secondary940 m
Chief Maquinna ElementaryElementary956 m
Dr A R Lord ElementaryElementary1.2 km
Our Lady Of Sorrows(Independent)Elementary1.4 km
Vancouver Technical SecondaryElementary1.4 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 Rupert St @ E 3rd Ave345 m
Northbound Rupert St @ Graveley St352 m
Southbound Rupert St @ Grant St360 m
Southbound Rupert St @ E 3rd Ave362 m
Northbound Renfrew St @ E 1st Ave459 m

Nearby Places

Restaurants (5+)

  • Kuro Sushi & Bar · 1660 Renfrew Street456 m
  • Romilano Pizza · 1637 Renfrew Street495 m
  • Thai Son Restaurant · 2800 East 1st Avenue518 m
  • East One Seafood Restaurant · 2800 East 1st Avenue552 m
  • Fuku Ramen & Sushi · 2800 East 1st Avenue580 m

Cafes (5+)

  • Ding Tea · 1808 Renfrew Street460 m
  • My Frosty · 220-2800 East 1st Avenue490 m
  • Sharetea · 1673 Renfrew Street490 m
  • Sooyo Cafe · 985 Windermere Street704 m
  • Ethical Bean Café · 1315 Kootenay Street782 m

Grocery (2)

  • 大統華 T&T Supermarket · 2800 East 1st Avenue617 m
  • Bosa Foods · 1465 Kootenay Street766 m

Parks (3)

  • Sunrise Park · 1950 Windermere Street349 m
  • Rupert Park · 1600 Rupert Street586 m
  • Thunderbird Park · 3485 East 2nd Avenue674 m

Gyms (1)

  • Unnamed757 m

Pharmacies (1)

  • Pharmasave · 2800 East 1st Avenue602 m

Banks & ATMs (2)

  • RBC Royal Bank · 1716 Renfrew Street444 m
  • Scotiabank · 2800 East 1st Avenue494 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($99,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$999,200.00
Periodic payment — Principal & Interest (monthly)$6,446.50
Additional monthly expenses (strata, tax, utilities, etc.)$714.10
Total monthly cost$7,160.60
Interest paid over 5-yr term$286,373.59
Balance at end of term$898,783.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$99,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,836.18

Cash Needed at Closing

Minimum down payment$99,900
Estimated BC PTT$22,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$124,380

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.

Request more information