Property Type: Detached HouseOwnership: Freehold

696 W 27TH AVENUE

Vancouver, BC V5Z2G4

$3,000,000

2 bed2 bath2 parking2,489 sqftBuilt 1944
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
7,099 square feet
Frontage
56.6 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$14,817.8

Interior

Basement
Partially finished, Unknown, Unknown
Heating
Forced air
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Detached Garage, Garage

Listing Information

MLS®
R3156394
Listed
August 17, 2026
Time on market
On the market for 14 days
Data last synced
August 28, 2026

Listing provided by: Real Broker · Data source: CREA DDF.

Description

Cambie Corridor townhouse development site in South Cambie, Vancouver. 7,099 SF corner lot at West 27th Avenue and Heather Street, 56.5 ft x 125 ft, rear lane access. Currently R1-1, designated Townhouse under Cambie Corridor Phase 3, allowing up to 1.20 FSR, approx. 8,519 SF buildable, up to 3 storeys / 11.5 m, via the simplified RM-8A rezoning pathway. Corner configuration supports an L-shaped stacked townhouse layout fronting both streets, maximising end-unit exposure. Owner-occupied and tenant-free, so a purchaser can start rezoning immediately upon closing. Tier 3 King Edward Station TOA designation adds long-term density optionality with assembly. 8-minute walk to King Edward Canada Line Station, adjacent to Braemar Park, minutes to Queen Elizabeth Park, Hillcrest Community Centre, and Cambie Village. Existing 1944 home: 2,489 SF, 2 bed, 2 bath, 2-car garage. Click the brochure link for the full package or contact the listing agents directly. No open houses. Do not walk the property. Appointment only. (id:63159)

Values & Trends

This listing

$1,205/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

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
Vancouver Talmud Torah Elementary(Independent)Elementary487 m
Emily Carr ElementaryElementary538 m
Westside Montessori School(Independent)Elementary598 m
Edith Cavell ElementaryElementary704 m
Eric Hamber SecondarySecondary843 m
Westside Montessori Elementary School(Independent)Elementary987 m
General Wolfe ElementaryElementary1.0 km
Rose-des-ventsElementary1.2 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 @ Heather St263 m
Eastbound W King Edward Ave @ Willow St265 m
Southbound Cambie St @ W 29 Ave357 m
King Edward Station @ Bay 4380 m
Northbound Cambie St @ W 29 Ave390 m

Nearby Places

Restaurants (5+)

  • Mandarin Hong Kong Cafe · 904 West King Edward Avenue415 m
  • Kim Express · 952 West King Edward Avenue426 m
  • City 1 cafe · 954 West King Edward Avenue429 m
  • Osaka Sushi · 960 West King Edward Avenue435 m
  • Landmark Hot Pot House · 4023 Cambie Street470 m

Cafes (5+)

  • Starbucks384 m
  • Tim Hortons · 4065 Cambie Street433 m
  • Cafe 11493 m
  • Bean Around the World503 m
  • Starbucks · 990 West King Edward Avenue503 m

Grocery (1)

  • Safeway · 990 West King Edward Avenue493 m

Parks (3)

  • Braemar Park261 m
  • Unnamed338 m
  • Douglas Park651 m

Shopping (1)

  • King Edward Mall473 m

Pharmacies (1)

  • Safeway · 990 West King Edward Avenue475 m

Banks & ATMs (3)

  • TD · 900 West King Edward Avenue421 m
  • Scotiabank · 4088 Cambie Street452 m
  • RBC Royal Bank · 3935 Oak Street685 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($600,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,400,000.00
Periodic payment — Principal & Interest (monthly)$15,483.99
Additional monthly expenses (strata, tax, utilities, etc.)$1,358.82
Total monthly cost$16,842.80
Interest paid over 5-yr term$687,846.90
Balance at end of term$2,158,807.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$600,000
Stress test qualifying rate8.09%
Payment you must qualify for$18,455.16

Cash Needed at Closing

Minimum down payment$600,000
Estimated BC PTT$68,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$669,500

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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