Property Type: Detached HouseOwnership: Freehold

3807 VICTORIA DRIVE

Vancouver, BC V5N4M7

$1,888,000

5 bed3 bath4 parking2,460 sqftBuilt 1910
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
3,507.52 square feet
Frontage
32.11 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,480.64 (2025)

Interior

Basement
Finished, Unknown, Unknown
Heating
Forced air
Fireplace
None

Parking

Total spaces
4

Listing Information

MLS®
R3138535
Listed
June 22, 2026
Time on market
On the market for 70 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver · Data source: CREA DDF.

Description

INVESTOR ALERT! Never before on the market. This 3-unit multi-family conversion offers massive value-add potential under Vancouver´s R1-1 zoning. The upper level is a 2-bed, 1-bath suite that can be converted into 3 beds. The main floor features a 2-bed, 1-bath layout easily reconfigured into a 3-bed suite. Below is a bright 1-bed, 1-bath lower level. A premier investment holding property in a world-class location: close to the SkyTrain, transit lines, Commercial Drive, and minutes from Downtown. Perfect for immediate rental income, multi-generational living, or long-term multiplex holding. Call now for full details! (id:63159)

Values & Trends

This listing

$767/sqft

Building average

No other active listings in this building

Vancouver average

$1,166/sqft

1216 active listing(s)

Parking: 4 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

17°C

Clear

Humidity 100%

Wind WNW 13 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
Lord Selkirk ElementaryElementary296 m
Gladstone SecondaryElementary390 m
Tyee ElementaryElementary684 m
St Joseph's(Independent)Elementary710 m
Stratford Hall(Independent)K-12775 m
Lord Selkirk AnnexElementary840 m
Lord Beaconsfield ElementaryElementary925 m
Laura Secord 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 Victoria Dr @ E 22 Ave60 m
Southbound Victoria Dr @ E 22 Ave131 m
Southbound Victoria Dr @ Victoria Diversion194 m
Northbound Victoria Diversion @ Victoria Dr262 m
Northbound Victoria Dr @ E 26 Ave346 m

Nearby Places

Restaurants (5+)

  • Kokomo · 3435 Commercial Street377 m
  • My Chau Restaurant · 1715 Kingsway509 m
  • Hyderabad Haveli · 1625 Kingsway534 m
  • Shiok Singaporean Cuisine · 1716 Kingsway550 m
  • YY Sushi · 1947 Kingsway590 m

Cafes (4)

  • Commercial Street Cafe · 3599 Commercial Street271 m
  • Collective Goods · 3532 Commercial Street294 m
  • Chance Cafe · 3424 Commercial Street366 m
  • Trees Organic Coffee · 1408 Kingsway772 m

Grocery (2)

  • Famous Foods · 1595 Kingsway548 m
  • Save-On-Foods · 1403 East King Edward Avenue792 m

Parks (5+)

  • Brewers Park · 4175 Victoria Drive386 m
  • John Hendry Park · 3300 Victoria Drive558 m
  • MacInnis Park669 m
  • Gibby's Field720 m
  • Kingcrest Park · 4150 Knight Street784 m

Gyms (5+)

  • Kinesphere Therapy · 3471 Commercial Street356 m
  • Axe Capoeira Trout Lake · 3360 Victoria Drive415 m
  • Trout Lake Community Centre Fitness Centre470 m
  • 30 Min Hit · 1675 Kingsway515 m
  • Anytime Fitness739 m

Pharmacies (2)

  • Pharmasave · 1808 Kingsway578 m
  • The Medicine Shoppe · 2030 Kingsway702 m

Banks & ATMs (3)

  • TD610 m
  • TD731 m
  • CIBC · 1427 Kingsway736 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($377,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,510,400.00
Periodic payment — Principal & Interest (monthly)$9,744.59
Additional monthly expenses (strata, tax, utilities, etc.)$829.72
Total monthly cost$10,574.31
Interest paid over 5-yr term$432,884.98
Balance at end of term$1,358,609.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$377,600
Stress test qualifying rate8.09%
Payment you must qualify for$11,614.45

Cash Needed at Closing

Minimum down payment$377,600
Estimated BC PTT$35,760
Legal / closing costs (typical estimate)$1,500
Total cash needed$414,860

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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