Property Type: Detached HouseOwnership: Freehold

3950 LAUREL STREET

Vancouver, BC V5Z3V6

$2,299,000

6 bed3 bath2 parking2,335 sqftBuilt 1944
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Property Details

Property & Lot

Sub-type
House
Lot size
3,810 square feet
Frontage
31.9 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$11,538.2 (2025)

Interior

Basement
Full, Separate entrance, Unknown
Heating
Baseboard heaters, Electric, Natural gas
Fireplace
Yes (1)

Parking

Total spaces
2

Listing Information

MLS®
R3112595
Listed
April 16, 2026
Time on market
On the market for 137 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Ideally located just one block from Douglas Park and Emily Carr Elementary, this home offers a Rare Opportunity to build your dream home or to live in one of Vancouver's most desirable neighborhoods. Enjoy Unbeatable Convenience : with Steps to King Edward Shopping Mall featuring a variety of restaurants and Safeway, Steps to King Edward SkyTrain Station, a short drive to Queen Elizabeth Park, the new luxurious Oakridge Park shopping center and Downtown Vancouver. Surrounded by TOP - Rated School, parks, community centers and premier shopping malls , this is a truly a LOCATION THAT HAS IT ALL ! DON'T MISS OUT ! (id:63159)

Values & Trends

This listing

$985/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/sqft

1216 active listing(s)

Parking: 2 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

52

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
Emily Carr ElementaryElementary143 m
Westside Montessori School(Independent)Elementary337 m
Vancouver Talmud Torah Elementary(Independent)Elementary366 m
Edith Cavell ElementaryElementary590 m
Westside Montessori Elementary School(Independent)Elementary863 m
Blessed Sacrament School(Independent)Elementary957 m
L'Ecole Bilingue ElementaryElementary977 m
Eric Hamber SecondarySecondary1.1 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
Westbound W King Edward Ave @ Laurel St141 m
Northbound Oak St @ W King Edward Ave237 m
Eastbound W King Edward Ave @ Willow St244 m
Eastbound W King Edward Ave @ Oak St245 m
Southbound Oak St @ Balfour Ave259 m

Nearby Places

Restaurants (5+)

  • Mandarin Hong Kong Cafe · 904 West King Edward Avenue216 m
  • Kim Express · 952 West King Edward Avenue231 m
  • City 1 cafe · 954 West King Edward Avenue232 m
  • Osaka Sushi · 960 West King Edward Avenue234 m
  • Sabra Kosher Bakery & Restaurant · 3844 Oak Street235 m

Cafes (5+)

  • Pallet Coffee Roasters · 3820 Oak Street247 m
  • Starbucks · 990 West King Edward Avenue270 m
  • cowdog · 3720 Oak Street307 m
  • Bean Around the World547 m
  • Starbucks592 m

Grocery (2)

  • Safeway · 990 West King Edward Avenue276 m
  • Choice's Market · 3493 Cambie Street777 m

Parks (4)

  • Douglas Park271 m
  • Braemar Park319 m
  • Unnamed414 m
  • Heather Park535 m

Shopping (1)

  • King Edward Mall241 m

Pharmacies (1)

  • Safeway · 990 West King Edward Avenue272 m

Banks & ATMs (3)

  • TD · 900 West King Edward Avenue203 m
  • RBC Royal Bank · 3935 Oak Street255 m
  • Scotiabank · 4088 Cambie Street687 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($459,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,839,200.00
Periodic payment — Principal & Interest (monthly)$11,865.89
Additional monthly expenses (strata, tax, utilities, etc.)$1,078.52
Total monthly cost$12,944.41
Interest paid over 5-yr term$527,120.01
Balance at end of term$1,654,366.35

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$459,800
Stress test qualifying rate8.09%
Payment you must qualify for$14,142.80

Cash Needed at Closing

Minimum down payment$459,800
Estimated BC PTT$46,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$508,270

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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