Property Type: Detached HouseOwnership: Freehold

4888 NARVAEZ DRIVE

Vancouver, BC V6L2J2

$3,898,000

3 bed2 bath2 parking2,412 sqftBuilt 1941
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
6,500 square feet
Frontage
50 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$23,644.9 (2025)

Interior

Basement
Full, Unknown, Unknown
Heating
Forced air, Natural gas
Fireplace
Yes (1)
Appliances
All

Exterior & Lot

View
View
Lot features
Private setting

Building

Parcel ID (PID)
010-768-599

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3152091
Listed
August 4, 2026
Time on market
On the market for 27 days
Tax assessment year
2025
Data last synced
August 29, 2026

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

Description

Perched in the heart of coveted Mackenzie Heights, this prime 50 x 130 property offers breathtaking city and North Shore mountain views in one of Vancouver's most sought-after neighbourhoods. Zoned Rl-1, this is an exceptional opportunity for redevelopment, investment, or to hold and enjoy. The charming 3-bedroom home is full of warmth and character, featuring lush mature gardens, a sun-drenched view deck, and a functional layout perfect for families or future potential. Ideally located just steps to top schools, parks, and everyday conveniences, with a 2 car garage off the back lane. A trophy property with endless upside in an unbeatable location. (id:63159)

Values & Trends

This listing

$1,616/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

22

5/9 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
Prince Of Wales SecondaryElementary397 m
Point Grey SecondarySecondary756 m
Quilchena ElementaryElementary825 m
Trafalgar ElementaryElementary895 m
St Regis Secondary School(Independent)Elementary934 m
Kerrisdale ElementaryElementary1.3 km
Shaughnessy ElementaryElementary1.4 km
Little Flower Academy(Independent)Elementary1.4 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 Arbutus St @ W 35 Ave435 m
Northbound Arbutus St @ Quilchena Cres459 m
Southbound Arbutus St @ W 32 Ave461 m
Northbound Arbutus St @ W 33 Ave478 m
Southbound Arbutus St @ Valley Dr536 m

Nearby Places

Restaurants (4)

  • Sushi King House · 5333 West Boulevard618 m
  • White Spot · 5367 West Boulevard631 m
  • Bufala · 5395 West Boulevard651 m
  • Lanzhou Beef Noodle · 5555 West Boulevard794 m

Grocery (1)

  • Safeway · 2101 Lahb Avenue799 m

Parks (4)

  • Prince of Wales Park276 m
  • Ravine Park338 m
  • Park Site on Trafalgar Street425 m
  • Quilchena Park764 m

Pharmacies (1)

  • Kripps Health Care Rx · 5413 West Boulevard704 m

Banks & ATMs (1)

  • BMO · 2104 Lahb Avenue780 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($779,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,118,400.00
Periodic payment — Principal & Interest (monthly)$20,118.86
Additional monthly expenses (strata, tax, utilities, etc.)$2,091.41
Total monthly cost$22,210.27
Interest paid over 5-yr term$893,742.40
Balance at end of term$2,805,010.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$779,600
Stress test qualifying rate8.09%
Payment you must qualify for$23,979.40

Cash Needed at Closing

Minimum down payment$779,600
Estimated BC PTT$112,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$894,000

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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