Property Type: Detached HouseOwnership: Freehold

48 E 22ND AVENUE

Vancouver, BC V5V1T4

$1,649,000

6 bed4 bath1 parking1,850 sqftBuilt 1991
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Property Details

Property & Lot

Sub-type
House
Lot size
3,116.96 square feet
Frontage
25.3 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,327.53 (2024)

Interior

Heating
Natural gas
Fireplace
None

Parking

Total spaces
1 — covered indicated
Features
Garage

Listing Information

MLS®
R3116215
Listed
April 27, 2026
Time on market
On the market for 126 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Stilhavn Real Estate Services · Data source: CREA DDF.

Description

Located in the heart of the highly desirable Main Street corridor, this 25.3´ x 123.2´ home presents an incredible opportunity for renovators, builders, investors, or those looking to create their dream home. Surrounded by vibrant cafes, top-rated schools, boutique shops, and excellent transit options, this property is perfectly positioned. The existing home is ready for a visionary renovation or offers the ideal lot for a brand-new custom build in one of Vancouver´s most sought-after neighborhoods. Opportunities like this are rare. Don´t miss your chance to secure a piece of Main Street´s thriving community! (id:63159)

Values & Trends

This listing

$891/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/sqft

1216 active listing(s)

Parking: 1 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

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
General Wolfe ElementaryElementary427 m
David Livingstone ElementaryElementary451 m
Sir Charles Tupper SecondarySecondary705 m
Simon Fraser ElementaryElementary781 m
Westside Montessori Elementary School(Independent)Elementary918 m
Edith Cavell ElementaryElementary993 m
St Patrick's Elementary(Independent)Elementary998 m
General Brock ElementaryElementary1.1 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 Main St @ E 22 Ave203 m
Northbound Main St @ E 22 Ave230 m
Eastbound E King Edward Ave @ Ontario St232 m
Westbound W King Edward Ave @ Ontario St240 m
Southbound Main St @ E 20 Ave268 m

Nearby Places

Restaurants (5+)

  • The Fish Counter · 3825 Main Street190 m
  • Sushi Mania · 3851 Main Street194 m
  • Yumyai Thai Food · 3755 Main Street202 m
  • Lila Restaurant · 3941 Main Street211 m
  • Sun Sui Wah Seafood Restaurant · 3888 Main Street232 m

Cafes (5+)

  • Coco & Olive · 307 Main Street217 m
  • Liberty Bakery · 3699 Main Street229 m
  • Coffee Date · 3702 Main Street264 m
  • Caffe Artigiano · 4010 Main Street286 m
  • Aperture Coffee Bar · 4124 Main Street347 m

Grocery (2)

  • Jasmine Mediterranean Foods · 4323 Main Street462 m
  • Nesters Market · 4475 Main Street679 m

Parks (5+)

  • Grimmett Park378 m
  • Unnamed414 m
  • Prince Edward Park460 m
  • Sun Hop Park517 m
  • Mount Pleasant Park720 m

Gyms (1)

  • Axe Capoeira Hillcrest · 4575 Clancy Loranger Way790 m

Pharmacies (4)

  • ClickCare Pharmacy227 m
  • NoVara Pharmacy · 3482 Main Street454 m
  • Shoppers Drug Mart · 3303 Main Street545 m
  • Mednow Pharmacy · 4484 Main Street707 m

Banks & ATMs (5+)

  • RBC Royal Bank · 4095 Main Street273 m
  • Vancity · 4205 Main Street373 m
  • TD · 3373 Main Street481 m
  • BMO · 4402 Main Street616 m
  • CIBC · 4493 Main Street702 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($329,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,319,200.00
Periodic payment — Principal & Interest (monthly)$8,511.03
Additional monthly expenses (strata, tax, utilities, etc.)$786.96
Total monthly cost$9,297.99
Interest paid over 5-yr term$378,086.51
Balance at end of term$1,186,624.67

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$329,800
Stress test qualifying rate8.09%
Payment you must qualify for$10,144.19

Cash Needed at Closing

Minimum down payment$329,800
Estimated BC PTT$30,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$362,280

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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