Property Type: Detached HouseOwnership: Freehold

4396 LOCARNO CRESCENT

Vancouver, BC V6R1G3

$3,988,000

4 bed3 bath2 parking3,097 sqftBuilt 1930
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Property Details

Property & Lot

Sub-type
House
Lot size
5,500 square feet
Frontage
50 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$17,268 (2026)

Interior

Basement
Full, Unknown, Unknown
Heating
Natural gas
Fireplace
Yes (2)

Exterior & Lot

View
View

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3157262
Listed
August 19, 2026
Time on market
On the market for 12 days
Tax assessment year
2026
Data last synced
August 28, 2026

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

Description

An amazing opportunity to own a home in the highly sought-after Point Grey neighbourhood. This property offers a peaceful setting, beautiful water and mountain views, and an excellent opportunity to create a brand-new home tailored to your vision. Enjoy an exceptional West Point Grey lifestyle, just a short walk to Jericho Sailing Centre and Locarno Beach, with parks, beaches and recreational activities right at your doorstep. Families will appreciate the convenient location, just steps from Queen Mary Elementary and West Point Grey Academy. Everyday amenities are also within easy reach, with shops, cafes and restaurants along W. 4th Avenue and W. 10th Avenue. This is a rare opportunity to build your dream home! (id:63159)

Values & Trends

This listing

$1,288/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

37

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
Queen Mary ElementaryElementary227 m
West Point Grey Academy(Independent)K-12539 m
Pacific Spirit School(Independent)K-12547 m
Our Lady of Perpetual Help(Independent)Elementary943 m
Ecole Jules Quesnel ElementaryElementary1.5 km
Lord Byng SecondarySecondary1.6 km
Bayview Community ElementaryElementary1.7 km
Queen Elizabeth 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
Westbound W 4th Ave @ Trimble St130 m
Eastbound W 4th Ave @ Trimble St141 m
Eastbound NW Marine Dr @ Discovery St262 m
Westbound NW Marine Dr @ Discovery St276 m
Westbound W 4th Ave @ Sasamat St302 m

Nearby Places

Restaurants (5+)

  • N.S.C.S. Discovery Café · 1515 Discovery Street395 m
  • The Galley Restaurant and Grill682 m
  • Ginger & Chili · 4409 West 10th Avenue682 m
  • Unnamed · 4443 West 10th Avenue692 m
  • Takumi Japanese Restaurant · 4422 West 10th Avenue713 m

Cafes (4)

  • Little Umbrella · 4372 West 10th Avenue710 m
  • Bean Around The World727 m
  • Danoo Cafe731 m
  • Crazy Zhang Fusion Tea & BBQ Rice · 4515 West 10th Avenue738 m

Grocery (1)

  • Top Ten Produce788 m

Parks (5+)

  • Locarno Park336 m
  • West Point Grey Park427 m
  • Locarno Beach Park538 m
  • Westmount Park668 m
  • Jericho Beach Park728 m

Gyms (1)

  • Unnamed206 m

Pharmacies (2)

  • West 10th Medical Pharmacy · 4307 West 10th Avenue697 m
  • Pure Pharmacy719 m

Banks & ATMs (4)

  • Bitcoin ATM Localcoin · 4419 West 10th Avenue679 m
  • CIBC · 4489 West 10th Avenue710 m
  • RBC726 m
  • BMO · 4502 West 10th Avenue762 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($797,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,190,400.00
Periodic payment — Principal & Interest (monthly)$20,583.38
Additional monthly expenses (strata, tax, utilities, etc.)$1,594.00
Total monthly cost$22,177.38
Interest paid over 5-yr term$914,377.81
Balance at end of term$2,869,775.12

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$797,600
Stress test qualifying rate8.09%
Payment you must qualify for$24,533.06

Cash Needed at Closing

Minimum down payment$797,600
Estimated BC PTT$117,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$916,500

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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