Property Type: Detached HouseOwnership: Freehold

5079 ELGIN STREET

Vancouver, BC V5W3J7

$2,999,000

7 bed5 bath4 parking2,793 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
3,234 square feet
Frontage
33 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,928.35 (2025)

Interior

Basement
Finished, Crawl space, Unknown
Heating
Heat Pump, Radiant heat, Electric
Cooling / A/C
Air Conditioned
Fireplace
None
Appliances
All

Exterior & Lot

View
View

Building

Parcel ID (PID)
003-749-754

Parking

Total spaces
4

Listing Information

MLS®
R3142556
Listed
July 3, 2026
Time on market
On the market for 59 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: LeHomes Realty Premier · Data source: CREA DDF.

Description

Brand New luxury home with TWO mortgage helpers! This beautifully crafted 3-level residence offers 2,793 sq.ft. of elegant living space, featuring a legal secondary suite in the basement and a detached laneway house-providing outstanding rental income potential or flexible space for extended family. The bright open-concept main floor showcases a chef-inspired kitchen, premium finishes, and seamless indoor-outdoor living. Upstairs, the luxurious primary suite enjoys beautiful mountain views. Built for modern comfort with heat pump heating & A/C, HRV system, EV charging rough-in, and quality craftsmanship throughout. Conveniently located near parks, schools, shopping, and transit. An exceptional opportunity for families, investors, or those seeking luxury living with strong income potential. (id:63159)

Values & Trends

This listing

$1,074/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/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

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
Sir Richard McBride AnnexElementary377 m
Sir Alexander Mackenzie ElementaryElementary462 m
Sir Richard McBride ElementaryElementary694 m
Tecumseh AnnexElementary776 m
John Oliver SecondarySecondary968 m
Lord Selkirk AnnexElementary1.1 km
General Brock ElementaryElementary1.2 km
Charles Dickens AnnexElementary1.3 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
Eastbound E 33 Ave @ Somerville St215 m
Westbound E 33 Ave @ Windsor St223 m
Westbound E 33 Ave @ Inverness St308 m
Eastbound E 33 Ave @ Inverness St351 m
Northbound Fraser St @ E 35 Ave464 m

Nearby Places

Restaurants (1)

  • Koon Bo Seafood Restaurant · 5682 Fraser Street735 m

Cafes (1)

  • Duffin's Donuts · 1391 East 41st Avenue769 m

Grocery (1)

  • Shoppers Drug Mart · 4590 Fraser Street730 m

Parks (2)

  • Grays Park · 4850 Saint Catherines Street286 m
  • Kensington Park · 5175 Dumfries Street616 m

Gyms (1)

  • Kensington Fitness Centre670 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($599,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,399,200.00
Periodic payment — Principal & Interest (monthly)$15,478.82
Additional monthly expenses (strata, tax, utilities, etc.)$634.03
Total monthly cost$16,112.85
Interest paid over 5-yr term$687,617.62
Balance at end of term$2,158,088.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$599,800
Stress test qualifying rate8.09%
Payment you must qualify for$18,449.01

Cash Needed at Closing

Minimum down payment$599,800
Estimated BC PTT$67,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$669,270

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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