Property Type: DuplexOwnership: Strata

7960 INVERNESS STREET

Vancouver, BC V5X4H7

$1,499,000

5 bed4 bath2 parking1,793 sqftBuilt 2025
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Property Details

Property & Lot

Sub-type
Duplex

Ownership & Fees

Property type
Duplex
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$6,257.5

Interior

Basement
Finished, Unknown, Unknown
Heating
Heat Pump, Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3149396
Listed
July 23, 2026
Time on market
On the market for 39 days
Data last synced
August 28, 2026

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

Description

Brand new 1/2 duplex in South Vancouver, never occupied and ready for immediate possession. Offering approx. 1,793 sqft over 3 levels, this home features 5 bedrooms and 3.5 bathrooms, including a versatile 2-bedroom suite. Thoughtfully designed with a warm, inviting feel and a functional layout that adapts to a variety of lifestyles, with 9´ ceilings on the main and 8´ above and below. Complete with a detached garage, lane access, and additional parking. A comfortable, move-in ready home in a well-connected neighbourhood close to schools, parks, transit, and daily essentials. (id:63159)

Values & Trends

This listing

$836/sqft

Building average

No other active listings in this building

Vancouver average

$1,103/sqft

419 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.

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

15

3/9 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
Walter Moberly ElementaryElementary487 m
Sir James Douglas ElementaryElementary545 m
Sir James Douglas AnnexElementary545 m
David Thompson SecondaryElementary1.1 km
Pierre Elliott Trudeau ElementaryElementary1.2 km
Qawsain Knowledge House(Independent)Elementary/Middle1.3 km
Sir Sandford Fleming ElementaryElementary1.5 km
David Oppenheimer ElementaryElementary1.6 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 Knight St @ E 63 Ave175 m
Westbound SE Marine Dr @ Inverness St180 m
Southbound Knight St @ E 62 Ave194 m
Northbound Knight St @ E 63 Ave202 m
Westbound SE Marine Dr @ Knight St215 m

Nearby Places

Restaurants (2)

  • Caravanserai Uyghur Cuisine · 1652 Southeast Marine Drive553 m
  • Northern Cafe · 1640 East Kent Avenue South697 m

Parks (2)

  • Moberly Park542 m
  • Ross Park555 m

Gyms (1)

  • Fitness Town · 1306 Southeast Marine Drive224 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($124,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,199,200.00
Periodic payment — Principal & Interest (monthly)$7,736.83
Additional monthly expenses (strata, tax, utilities, etc.)$611.46
Total monthly cost$8,348.29
Interest paid over 5-yr term$343,694.17
Balance at end of term$1,078,684.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$124,900
Stress test qualifying rate8.09%
Payment you must qualify for$10,566.35

Cash Needed at Closing

Minimum down payment$124,900
Estimated BC PTT$27,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$154,380

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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