Property Type: Detached HouseOwnership: Freehold

7962 VICTORIA DRIVE

Vancouver, BC V5P4A5

$2,317,000

7 bed5 bath3 parking3,278 sqftBuilt 2000
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
5,311 square feet
Frontage
47 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,017.6 (2025)

Interior

Basement
Full, Separate entrance, Unknown
Heating
Radiant heat
Fireplace
Yes (1)

Exterior & Lot

View
View

Parking

Total spaces
3 — covered indicated
Features
Garage

Listing Information

MLS®
R3121882
Listed
May 11, 2026
Time on market
On the market for 112 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX City Realty · Data source: CREA DDF.

Description

Custom-built home in the heart of Fraserview! 7962 Victoria Dr offers 7 bedrooms and 5 bathrooms, including 4 spacious bedrooms upstairs, 1 on the main, plus a self-contained 2-bedroom suite below, perfect for extended family or as a mortgage helper. Bright and airy with skylights and large windows, the home also features a balcony with stunning Richmond city views and a generous patio ideal for family gatherings. Triple-car garage and a large lot provide excellent future potential. Located in a convenient, family-friendly neighborhood within David Oppenheimer Elementary and David Thompson Secondary catchments, with easy access to downtown and YVR. A rare opportunity offering space, flexibility, and long-term value! (id:63159)

Values & Trends

This listing

$707/sqft

Building average

No other active listings in this building

Vancouver average

$1,166/sqft

1216 active listing(s)

Parking: 3 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

11

2/9 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
David Oppenheimer ElementaryElementary590 m
Sir James Douglas AnnexElementary653 m
Sir James Douglas ElementaryElementary653 m
Qawsain Knowledge House(Independent)Elementary/Middle935 m
David Thompson SecondaryElementary1.1 km
Sir Charles Kingsford-SmithElementary1.3 km
Walter Moberly ElementaryElementary1.4 km
Anne-HebertElementary1.6 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 Victoria Dr @ E 64 Ave59 m
Westbound Harrison Dr @ Victoria Dr106 m
Northbound Victoria Dr @ Fraserview Dr128 m
Eastbound Harrison Dr @ Victoria Dr129 m
Southbound Victoria Dr @ Thornhill Dr157 m

Nearby Places

Restaurants (2)

  • Caravanserai Uyghur Cuisine · 1652 Southeast Marine Drive523 m
  • Northern Cafe · 1640 East Kent Avenue South598 m

Parks (4)

  • Fraserview Park432 m
  • Unnamed545 m
  • Bobolink Park714 m
  • Gladstone-Riverside Park · 2500 East Kent Street South785 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($463,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,853,600.00
Periodic payment — Principal & Interest (monthly)$11,958.80
Additional monthly expenses (strata, tax, utilities, etc.)$998.80
Total monthly cost$12,957.60
Interest paid over 5-yr term$531,247.09
Balance at end of term$1,667,319.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$463,400
Stress test qualifying rate8.09%
Payment you must qualify for$14,253.54

Cash Needed at Closing

Minimum down payment$463,400
Estimated BC PTT$47,510
Legal / closing costs (typical estimate)$1,500
Total cash needed$512,410

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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