Property Type: Detached HouseOwnership: Freehold

3172 GRANDVIEW HIGHWAY

Vancouver, BC V5M2E8

$3,500,000

6 bed4 bath2,152 sqftBuilt 1994
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Property Details

Property & Lot

Sub-type
House
Lot size
4,023.2 square feet
Frontage
33 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,212.32

Interior

Heating
Natural gas
Fireplace
None

Parking

Features
Garage

Listing Information

MLS®
R3081226
Listed
January 20, 2026
Time on market
On the market for 223 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Seize this rare opportunity to acquire a premium property in one of Vancouver´s most sought-after growth corridors. Strategically located within the Transit-Oriented Area (TOA) Policy and the Renfrew-Rupert Station Area Plan, this site offers exceptional redevelopment potential. Whether as a standalone project or part of a future land assembly, this property presents strong upside for investors and builders looking to capitalize on long-term value. (id:63159)

Values & Trends

This listing

$1,626/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

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

44

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
St Jude's(Independent)Elementary412 m
Nootka Community ElementaryElementary608 m
Vancouver Christian(Independent)K-12727 m
Thunderbird šxʷəxʷaʔəs ElementaryElementary778 m
Renfrew Community ElementaryElementary834 m
Westside Montessori Academy(Independent)Elementary968 m
Vancouver Technical SecondaryElementary1.0 km
Norval-MorrisseauElementary1.1 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
Southbound Rupert St @ Grandview Hwy246 m
Northbound Rupert St @ Grandview Hwy281 m
Northbound Rupert St @ Worthington Dr293 m
Southbound Rupert St @ E 16 Ave380 m
Rupert Station @ Bay 2384 m

Nearby Places

Restaurants (5+)

  • Phở Nhuận · 2989 Rupert Street246 m
  • Pho Kitchen · 2915 Hebb Avenue483 m
  • Boston Pizza · 1333 Grandview Highway487 m
  • Sushi Moon · 2893 Grandview Highway534 m
  • 350°F Korean Fried Chicken · 3307 East Broadway549 m

Cafes (5+)

  • Tim Hortons · 2689 Rupert Street433 m
  • Starbucks · 2905 Hebb Avenue525 m
  • Cafe Episode542 m
  • Tim Hortons · 2889 East 12th Avenue558 m
  • Gong Cha · 2887 East 12th Avenue588 m

Grocery (3)

  • Real Canadian Superstore · 3185 Grandview Highway127 m
  • Save-On-Foods · 2880 Bentall Street430 m
  • Walmart Supercentre · 3585 Grandview Highway766 m

Parks (2)

  • Falaise Park · 3434 Falaise Avenue676 m
  • Renfrew Community Park · 2929 East 22nd Avenue770 m

Shopping (1)

  • Canadian Tire · 2830 Bentall Street506 m

Gyms (2)

  • Oxygen Yoga & Fitness · 2888 East 12th Avenue609 m
  • Unnamed793 m

Banks & ATMs (2)

  • BMO237 m
  • CIBC · 2675 Renfrew Street568 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($700,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,800,000.00
Periodic payment — Principal & Interest (monthly)$18,064.65
Additional monthly expenses (strata, tax, utilities, etc.)$792.36
Total monthly cost$18,857.01
Interest paid over 5-yr term$802,488.05
Balance at end of term$2,518,609.06

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$700,000
Stress test qualifying rate8.09%
Payment you must qualify for$21,531.02

Cash Needed at Closing

Minimum down payment$700,000
Estimated BC PTT$93,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$794,500

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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