Property Type: Detached HouseOwnership: Freehold

968 E 31ST AVENUE

Vancouver, BC V5V2X4

$2,388,888

8 bed6 bath2 parking2,627 sqftBuilt 2004
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
3,696 square feet
Frontage
33 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,169.13 (2025)

Interior

Heating
Baseboard heaters, Electric, Natural gas
Fireplace
Yes (1)

Exterior & Lot

View
View

Parking

Total spaces
2 — covered indicated
Features
Carport

Listing Information

MLS®
R3150406
Listed
July 28, 2026
Time on market
On the market for 35 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Century 21 In Town Realty · Data source: CREA DDF.

Description

Well-maintained and versatile 2-storey home with laneway house in the highly sought-after Fraser neighbourhood-just steps to Grays Park and set on a quiet, family-friendly street. Built in 2004, this property offers exceptional flexibility for multi-generational living or strong rental income. The main home features a total of 6 bedrooms and 4 bathrooms, including a spacious 3-bedroom, 2-bathroom upper-level residence with hardwood flooring, granite countertops, stainless steel appliances, and a cozy gas fireplace. The main floor includes two self-contained suites: one 2-bedroom suite and one 1-bedroom suite-ideal mortgage helpers. At the rear, a modern 2-bedroom, 2-bathroom laneway house (built in 2016) provides additional income potential or private living space. A fantastic opportunity in a prime East Vancouver location close to parks, schools, transit, and vibrant Fraser Street amenities. (id:63159)

Values & Trends

This listing

$909/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

33

6/9 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 AnnexElementary61 m
Sir Richard McBride ElementaryElementary504 m
Sir Alexander Mackenzie ElementaryElementary862 m
Charles Dickens AnnexElementary884 m
Lord Selkirk AnnexElementary943 m
Tecumseh AnnexElementary1.0 km
Sir Charles Tupper SecondarySecondary1.0 km
General Brock ElementaryElementary1.1 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 E 33 Ave @ Windsor St229 m
Eastbound E 33 Ave @ Somerville St243 m
Westbound E 33 Ave @ Inverness St388 m
Northbound Fraser St @ E 31 Ave388 m
Southbound Fraser St @ E 31 Ave400 m

Nearby Places

Restaurants (5+)

  • Masayoshi · 4376 Fraser Street533 m
  • JJ Dosai · 4354 Fraser Street548 m
  • Chez Celine · 4298 Fraser Street608 m
  • Pampanga's Best Cafeteria · 4279 Fraser Street640 m
  • Bulalohan Sa Ilocos · 4273 Fraser Street648 m

Cafes (5+)

  • JJ Bean · 4287 Fraser Street630 m
  • Prado Cafe · 4208 Fraser Street669 m
  • O! Taho · 4223 Fraser Street681 m
  • Slo Coffee · 4160 Fraser Street725 m
  • Le Marché St. George · 4393 St George Street777 m

Grocery (2)

  • Shoppers Drug Mart · 4590 Fraser Street402 m
  • No Frills · 4508 Fraser Street442 m

Parks (1)

  • Grays Park · 4850 Saint Catherines Street155 m

Gyms (1)

  • F45 Training · 4364 Fraser Street542 m

Pharmacies (3)

  • P&A Pharmacy · 4336 Fraser Street562 m
  • Fraser PharmaChoice Pharmacy · 4207 Fraser Street697 m
  • Fraser Medicare Pharmacy · 4127 Fraser Street763 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($477,778) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,911,110.00
Periodic payment — Principal & Interest (monthly)$12,329.83
Additional monthly expenses (strata, tax, utilities, etc.)$811.76
Total monthly cost$13,141.59
Interest paid over 5-yr term$547,729.62
Balance at end of term$1,719,049.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$477,778
Stress test qualifying rate8.09%
Payment you must qualify for$14,695.77

Cash Needed at Closing

Minimum down payment$477,778
Estimated BC PTT$49,667
Legal / closing costs (typical estimate)$1,500
Total cash needed$528,944

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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