Property Type: Detached HouseOwnership: Freehold

3582 W KING EDWARD AVENUE

Vancouver, BC V6S1M6

$4,200,000

5 bed3 bath3,018 sqftBuilt 1930
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Property Details

Property & Lot

Sub-type
House
Lot size
6,512.5 square feet
Frontage
50 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,323.32 (2023)

Interior

Basement
Full, Unknown, Unknown
Heating
Natural gas
Fireplace
None

Parking

Features
Carport

Listing Information

MLS®
R2892625
Listed
June 10, 2024
Time on market
On the market for 812 days
Tax assessment year
2023
Data last synced
August 28, 2026

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

Description

Potential 19,537 SF Land Assembly in the heart of Dunbar. Located on the Southeast corner of Dunbar Street and the tree lined West King Edward Avenue. Currently zoned R1-1 with the options to develop townhomes & seniors residence. Higher density rental and commercial property re-zoning is possible. Potential to re-zone to RR-3B Residential Rental / Retail Ground Floor, 3.0 FSR, Up to 6 stories with 130 Feet of commercial frontage on Dunbar Street. Beautiful City, Ocean and Mountain views from the upper floors of a new development. A great neighbourhood to call home. Just steps to Stong´s Market, Shopper and London Drugs, public transportation, schools and parks. Buyers must contact the City of Vancouver to verify all matters regarding land assembly development. (id:63159)

Values & Trends

This listing

$1,392/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

56

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
Lord Kitchener ElementaryElementary291 m
Immaculate Conception School(Independent)Elementary329 m
St. George's School(Independent)K-121.0 km
Carnarvon Community ElementaryElementary1.1 km
Lord Byng SecondarySecondary1.1 km
Ecole Jules Quesnel ElementaryElementary1.2 km
Trafalgar ElementaryElementary1.5 km
Southlands ElementaryElementary1.7 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 King Edward Ave @ Dunbar St21 m
Southbound Dunbar St @ W King Edward Ave52 m
Northbound Dunbar St @ W King Edward Ave90 m
Southbound Dunbar St @ W 27 Ave221 m
Northbound Dunbar St @ W 28 Ave265 m

Nearby Places

Restaurants (5+)

  • Stong's Replenish Cafe124 m
  • Wild Sushi · 4288 Dunbar Street161 m
  • Moon Sushi · 4385 Dunbar Street271 m
  • Cosy Inn Cafe · 4455 Dunbar Street355 m
  • Bynns Cafe and Sandwiches · 4467 Dunbar Street365 m

Cafes (3)

  • Toña Bakery & Café · 4321 West 27th Avenue223 m
  • Prado Cafe · 4498 Dunbar Street382 m
  • Tim Hortons · 3463 Dunbar Street715 m

Grocery (1)

  • Stong's Market · 4221 Dunbar Street173 m

Parks (4)

  • Chaldecott Park · 4175 Wallace Street561 m
  • Valdez Park · 3210 West 22nd Avenue662 m
  • Memorial West Park · 4747 Dunbar Street757 m
  • Park Site on Blenheim · 3500 Quadra Street768 m

Pharmacies (3)

  • YNP Dunbar Pharmacy · 4198 Dunbar Street76 m
  • Shoppers Drug Mart231 m
  • London Drugs454 m

Banks & ATMs (4)

  • TD · 4200 Dunbar Street98 m
  • RBC · 4205 Dunbar Street114 m
  • Scotiabank · 4402 Dunbar Street318 m
  • BMO · 4480 Dunbar Street372 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($840,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,360,000.00
Periodic payment — Principal & Interest (monthly)$21,677.58
Additional monthly expenses (strata, tax, utilities, etc.)$927.94
Total monthly cost$22,605.52
Interest paid over 5-yr term$962,985.66
Balance at end of term$3,022,330.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$840,000
Stress test qualifying rate8.09%
Payment you must qualify for$25,837.22

Cash Needed at Closing

Minimum down payment$840,000
Estimated BC PTT$128,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$969,500

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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