Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED

7883 GRANVILLE STREET

Vancouver, BC V6P4Z1

$1,800,000

5 bed2 bath1 parking1,799 sqftBuilt 1949
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Property Details

Property & Lot

Sub-type
House
Lot size
2,929 square feet
Frontage
31.6 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,797.83 (2026)

Interior

Basement
Finished, Separate entrance, Unknown
Heating
Forced air, Natural gas
Fireplace
Yes (1)

Parking

Total spaces
1 — covered indicated
Features
Carport

Listing Information

MLS®
R3158827
Listed
August 25, 2026
Time on market
On the market for 6 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

LAND ASSEMBLY - Prime South Granville development opportunity! Ideally suited for land assembly with outstanding future potential for multiplex or higher-density redevelopment (buyer to verify with the City of Vancouver). Located in one of Vancouver´s most prestigious Westside neighbourhoods, this property offers exceptional value for builders, developers, and investors. The home features a 2-bedroom upper suite and a fully updated 3-bedroom lower suite, providing excellent rental income to offset holding costs while development plans and approvals are underway. Steps to shopping, restaurants, parks, excellent schools, transit, and convenient access to Downtown and YVR. An outstanding opportunity in a rapidly evolving neighbourhood. (id:63159)

Values & Trends

This listing

$1,001/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

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

59

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
Tamim Academy of Vancouver(Independent)Elementary/Middle142 m
David Lloyd George ElementaryElementary547 m
Vancouver Montessori School(Independent)Elementary790 m
Dr R E McKechnie ElementaryElementary1.0 km
St Anthony of Padua(Independent)Elementary1.1 km
Oakridge Montessori Children's Learning(Independent)Elementary1.2 km
Sir Wilfrid Laurier ElementaryElementary1.2 km
Sir Winston Churchill SecondaryElementary1.3 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
63 Ave Loop @ Granville St35 m
Southbound Granville St @ W 63 Ave80 m
Northbound Granville St @ W 64 Ave93 m
Northbound Granville St @ W 62 Ave126 m
Northbound Adera St @ W 64 Ave211 m

Nearby Places

Restaurants (5+)

  • Mirchi · 7964 Granville Street86 m
  • Snackshot · 7980 Granville Street108 m
  • Pearl House Restaurant · 7994 Granville Street117 m
  • Lucky Fortune Seafood Restaurant · 8012 Granville Street156 m
  • A & S Fusion · 8028 Granville Street162 m

Cafes (4)

  • Krepa Cafe · 8030 Granville Street168 m
  • Bubble Bear Cafe · 8051 Granville Street171 m
  • Butterfly Tea & Dessert · 8079 Granville Street195 m
  • East Café in Marpole (formerly Gigi Blin) · 1400 West 70th Avenue672 m

Grocery (2)

  • Granville Yummy Market · 8462 Granville Street496 m
  • Safeway · 8475 Granville Street548 m

Parks (3)

  • Shannon Park187 m
  • Riverview Park516 m
  • Shannon Mews Park · 1551 West 57th Avenue614 m

Gyms (1)

  • Oxygen Yoga & Fitness · 8578 Cornish Street592 m

Pharmacies (2)

  • Pharmasave · 1517 West 57th Avenue597 m
  • Boomer Drugs602 m

Banks & ATMs (5+)

  • Primerica · 7932 Granville Street69 m
  • TD Canada Trust · 8005 Granville Street145 m
  • Scotiabank395 m
  • BMO · 8324 Granville Street405 m
  • CIBC · 8450 Granville Street481 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($360,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,440,000.00
Periodic payment — Principal & Interest (monthly)$9,290.39
Additional monthly expenses (strata, tax, utilities, etc.)$656.49
Total monthly cost$9,946.88
Interest paid over 5-yr term$412,708.14
Balance at end of term$1,295,284.66

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$360,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,073.10

Cash Needed at Closing

Minimum down payment$360,000
Estimated BC PTT$34,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$395,500

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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